Today's Fx Technical Analysis





Here are today's directional views from the global research desks of Currency Hedger! These are starting points for your own research to identify opportunities that make sense for you. Like what you see?


Feel free to forward this to a friend!


EUR/USD USD/JPY GBP/USD EUR/GBP USD/ZAR



Please note that due to market volatility, some of the key levels may have already been reached and scenarios played out.



EUR/USD Intraday: the upside prevails.


Pivot:1.1070


Our preference:long positions above 1.1070 with targets at 1.1095 & 1.1115 in extension.


Alternative scenario:below 1.1070 look for further downside with 1.1055 & 1.1040 as targets.


Comment:the RSI is mixed to bullish.





📷






USD/JPY Intraday: the upside prevails.


Pivot:108.30


Our preference:long positions above 108.30 with targets at 108.65 & 108.85 in extension.


Alternative scenario:below 108.30 look for further downside with 108.15 & 108.00 as targets.


Comment:the RSI shows upside momentum.






📷





GBP/USD Intraday: the upside prevails.



Pivot:1.3140


Our preference:long positions above 1.3140 with targets at 1.3185 & 1.3210 in extension.


Alternative scenario:below 1.3140 look for further downside with 1.3100 & 1.3080 as targets.


Comment:the RSI is mixed to bullish.






📷






EUR/GBP intraday: the upside prevails as long as 0.8399 is support


Our pivot point stands at 0.8399.


Our preference:the upside prevails as long as 0.8399 is support.


Alternative scenario:below 0.8399, expect 0.8379 and 0.8367.


Comment:the RSI is above 50. The MACD is positive and above its signal line. The configuration is positive. Moreover, the pair is above its 20 and 50 MAs (respectively at 0.8409 and 0.8407).






📷






USD/ZAR intraday: as long as 14.9200 is support look for 15.1040


14.9200 is our pivot point.


Our preference:as long as 14.9200 is support look for 15.1040.


Alternative scenario:below 14.9200, expect 14.8590 and 14.8220.


Comment:the RSI is above 50. The MACD is below its signal line and positive. The pair could retrace. Moreover, the pair is trading above both its 20 and 50 MAs (respectively at 14.9837 and 14.9405).






📷






0 views
Logo

MONEY
MOVING

by WooHoo Ireland

+353-214-651-000

Woooo Fx Education

Camden Street Lower, St Kevin's, Dublin 2, Ireland D 02 XE 80 | +353-214-651-000 |info@woohooai.com

currency hedger logo_small.png
woohoo fx eu_gdpr_compliant_logo.png

Trading in leveraged currency contracts comes with substantial risk. You must be aware of these risks before opening an account to trade. High leverage amplifies gains as well as losses, leading to potential loss of the entire account balance. Trading in leveraged currency contracts may not be suitable for every investor. Never speculate using money that you cannot afford to lose.

© 2019 by WoOHOo Fx. Proudly created with WoOHoO AI Ireland

  • Facebook
  • Twitter
  • LinkedIn
  • Instagram