Courtesy of Trading Central

 

 

EUR/USD Intraday: the bias is bullish

 

Pivot: 1.0545

Most Likely Scenario: Long positions above 1.0545 with targets @ 1.064 & 1.07 in extension.

Alternative scenario: Below 1.0545 look for further downside with 1.0515 & 1.0465 as targets.

Comment: The pair has rebounded above its support.

 

 
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GBP/USD Intraday: key resistance at 1.4845.

 

Pivot: 1.4845

Most Likely Scenario: Short positions below 1.4845 with targets @ 1.4765 & 1.47 in extension.

Alternative scenario: Above 1.4845 look for further upside with 1.491 & 1.495 as targets.

Comment: The pair has struck against its resistance.

 
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USD/JPY Intraday: bearish sentiment.

 

Pivot: 121.65

Most Likely Scenario: Short positions below 121.65 with targets @ 121.1 & 120.9 in extension.

Alternative scenario: Above 121.65 look for further upside with 122 & 122.5 as targets.

Comment: The pair stands below its resistance and remains under pressure.

 

 
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