EUR/USD Intraday: turning down.
Invest Diva likes: Short positions below 1.363 with targets @ 1.357 & 1.355 in extension.
If pair goes nuts: Above 1.363 look for further upside with 1.365 & 1.367 as targets.
What’s up on the forex dance floor: The pair is breaking below its support as the RSI is badly directed.
Supports and resistances:
1.367
1.365
1.363
1.3591 Last
1.357
1.355
1.3535
GBP/USD Intraday: the upside prevails.
Invest Diva likes: Long positions above 1.7 with targets @ 1.706 & 1.709 in extension.
If pair goes nuts: Below 1.7 look for further downside with 1.698 & 1.695 as targets.
What’s up on the forex dance floor: The pair remains on the upside and is challenging its resistance.
Supports and resistances:
1.713
1.709
1.706
1.7043 Last
1.7
1.698
1.695
USD/JPY Intraday: rebound.
Invest Diva likes: Long positions above 101.7 with targets @ 102.1 & 102.3 in extension.
If pair goes nuts: Below 101.7 look for further downside with 101.6 & 101.45 as targets.
What’s up on the forex dance floor: The pair is rebounding and is breaking above its resistance.
Supports and resistances:
102.45
102.3
102.1
102.09 Last
101.7
101.6
101.45
USD/CHF Intraday: rebound.
Invest Diva likes: Long positions above 0.892 with targets @ 0.897 & 0.8985 in extension.
If pair goes nuts: Below 0.892 look for further downside with 0.8905 & 0.8895 as targets.
What’s up on the forex dance floor: The pair is rebounding and is breaking above its resistance.
Supports and resistances:
0.9
0.8985
0.897
0.8957 Last
0.892
0.8905
0.8895
NZD/USD Intraday: intraday support around 0.8685.
Invest Diva likes: Long positions above 0.8685 with targets @ 0.8735 & 0.8765 in extension.
If pair goes nuts: Below 0.8685 look for further downside with 0.866 & 0.8635 as targets.
What’s up on the forex dance floor: The RSI lacks downward momentum. The pair is pulling back on its support.
Supports and resistances:
0.88
0.8765
0.8735
0.8693 Last
0.8685
0.866
0.8635
AUD/USD Intraday: bullish bias above 0.9365.
Invest Diva likes: Long positions above 0.9365 with targets @ 0.944 & 0.9465 in extension.
If pair goes nuts: Below 0.9365 look for further downside with 0.9345 & 0.932 as targets.
What’s up on the forex dance floor: The RSI lacks downward momentum.
Supports and resistances:
0.95
0.9465
0.944
0.9391 Last
0.9365
0.9345
0.932
USD/CAD Intraday: the downside prevails.
Invest Diva likes: Short positions below 1.0855 with targets @ 1.079 & 1.0765 in extension.
If pair goes nuts: Above 1.0855 look for further upside with 1.0875 & 1.09 as targets.
What’s up on the forex dance floor: As long as 1.0855 is resistance, look for choppy price action with a bearish bias.
Supports and resistances:
1.09
1.0875
1.0855
1.082 Last
1.079
1.0765
1.073
US Indexes Outlook
S&P500 (CME)
Long positions above 1937 with targets @ 1953 & 1967 in extension.
Alternative scenario: Below 1937 look for further downside with 1924 & 1917 as targets.
Dow Jones (CBT)
Long positions above 16750 with targets @ 16880 & 16930 in extension.
Alternative scenario: Below 16750 look for further downside with 16625 & 16550 as targets.
Nasdaq 100 (CME)
Long positions above 3772 with targets @ 3803 & 3814 in extension.
Alternative scenario: Below 3772 look for further downside with 3755 & 3744 as targets.
Russell 2000 (ICE)
Long positions above 1162 with targets @ 1185 & 1192 in extension.
Alternative scenario: Below 1162 look for further downside with 1148 & 1136 as targets.
