Courtesy of Trading Central

 

 

EUR/USD Intraday: the bias remains 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 stands above its support.

 
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GBP/USD Intraday: under pressure.

 

Pivot: 1.4805

Most Likely Scenario: Short positions below 1.4805 with targets @ 1.4635 & 1.458 in extension.

Alternative scenario: Above 1.4805 look for further upside with 1.4845 & 1.491 as targets.

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

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USD/JPY Intraday: bearish sentiment.

 

Pivot: 121.55

Most Likely Scenario: Short positions below 121.55 with targets @ 121.1 & 120.9 in extension.

Alternative scenario: Above 121.55 look for further upside with 121.8 & 122 as targets.

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

 
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