EUR/USD Pivot Point
Most Likely Scenario: Short positions below 1.1215 with targets @ 1.1155 & 1.1105 in extension.
Alternative scenario: Above 1.1215 look for further upside with 1.126 & 1.1295 as targets.
Comment: As long as the resistance at 1.1215 is not surpassed, the risk of the break below 1.1155 remains high.
GBP/USD Pivot Point
GBP/USD Intraday: key resistance at 1.524.
Most Likely Scenario: Short positions below 1.524 with targets @ 1.513 & 1.509 in extension.
Alternative scenario: Above 1.524 look for further upside with 1.5285 & 1.5355 as targets.
Comment: The upward potential is likely to be limited by the resistance at 1.524.
USD/JPY Pivot Point
USD/JPY Intraday: under pressure.
Most Likely Scenario: Short positions below 120.65 with targets @ 120.05 & 119.85 in extension.
Alternative scenario: Above 120.65 look for further upside with 120.9 & 121.25 as targets.
Comment: The RSI is badly directed.
AUD/USD Pivot Point
AUD/USD Intraday: the bias remains bullish.
Most Likely Scenario: Long positions above 0.698 with targets @ 0.706 & 0.709 in extension.
Alternative scenario: Below 0.698 look for further downside with 0.6935 & 0.69 as targets.
Comment: The RSI lacks downward momentum. The pair has broken above a declining trend line and remains on the upside.
Forex, forex bonus without deposit, Forex Broker, forex broker bonus, forex learn, forex learning, forex learning pdf, Forex News, forex tutorials for beginners pdf, GBP/USD, how to trade forex for beginners pdf, learning forex trading pdf, News