Todays Fx Technical Analysis




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 bias remains bullish.


Pivot:1.1145


Our preference:long positions above 1.1145 with targets at 1.1200 & 1.1225 in extension.


Alternative scenario:below 1.1145 look for further downside with 1.1120 & 1.1100 as targets.


Comment:the RSI shows upside momentum.





📷






USD/JPY Intraday: the upside prevails.


Pivot:109.30


Our preference:long positions above 109.30 with targets at 109.65 & 109.95 in extension.


Alternative scenario:below 109.30 look for further downside with 109.00 & 108.80 as targets.


Comment:the RSI shows upside momentum.






📷






GBP/USD Intraday: the bias remains bullish.


Pivot:1.3370


Our preference:long positions above 1.3370 with targets at 1.3540 & 1.3635 in extension.


Alternative scenario:below 1.3370 look for further downside with 1.3300 & 1.3225 as targets.


Comment:the RSI shows upside momentum.






📷






EUR/GBP intraday: the downside prevails as long as 0.8331 is resistance


Our pivot point stands at 0.8331.


Our preference:the downside prevails as long as 0.8331 is resistance.


Alternative scenario:above 0.8331, look for 0.8362 and 0.8381.


Comment:the RSI is below its neutrality area at 50. The MACD is below its signal line and negative. The configuration is negative. Moreover, the pair is trading under both its 20 and 50 MAs (respectively at 0.8347 and 0.8408).






📷






USD/ZAR intraday: rebound towards 14.6000


Our pivot point stands at 14.3730.


Our preference:rebound towards 14.6000.


Alternative scenario:below 14.3730, expect 14.2860 and 14.2350.


Comment:the RSI is below its neutrality area at 50. The MACD is negative and above its signal line. The configuration is mixed. Moreover, the pair is trading under both its 20 and 50 MAs (respectively at 14.4756 and 14.5692).






📷








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