Dailyfx signals


 EUR/USD intraday: the downside prevails.

Pivot: 1.2365.
Our Preference: SHORT positions @ 1.2355 with targets @ 1.225 & 1.221.
Alternative scenario: The upside penetration of 1.2365 will call for a rebound towards 1.24 & 1.245.
Comment: the pair stands below its new resistance and remains on the downside.
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 GBP/USD intraday: capped by a negative trend line.

Pivot: 1.5515.
Our Preference: SHORT positions @ 1.5505 with 1.545 & 1.5425 in sight.
Alternative scenario: The upside breakout of 1.5515 will open the way to 1.555 & 1.558.
Comment: the pair and the RSI are capped by bearish trend lines.
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 USD/CHF intraday: the upside prevails.

Pivot: 0.97.
Our Preference: LONG positions above 0.971 with targets @ 0.9825 & 0.9875.
Alternative scenario: The downside breakout of 0.971 will open the way to 0.9645 & 0.96.
Comment: the pair remains on the upside.
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 USD/JPY intraday: under pressure.

Pivot: 79.80.
Our Preference: SHORT positions @ 79.75 with 79.4 & 79.2 in sight.
Alternative scenario: The upside penetration of 79.8 will call for 80.1 & 80.35.
Comment: the pair stands below its new resistance.
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 AUD/USD intraday: key ST resistance at 1.024.

Pivot: 1.024
Our preference: Short positions below 1.024 with targets @ 1.015 & 1.0085 in extension.
Alternative scenario: Above 1.024 look for further upside with 1.028 & 1.0325 as targets.
Comment: the break below 1.024 is a negative signal that has opened a path to 1.015.
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