Source: FxPro Forex Broker (Review and Forex Rebates Up to 85%)
EUR/USD Intraday: the bias remains bullish.
Pivot: 1.0925
Most Likely Scenario: long positions above 1.0925 with targets @ 1.103 & 1.1075 in extension.
Alternative scenario: below 1.0925 look for further downside with 1.088 & 1.084 as targets.
Comment: even though a continuation of the consolidation cannot be ruled out, its extent should be limited.
EUR/USD Chart
GBP/USD Intraday: the bias remains bullish.
Pivot: 1.513
Most Likely Scenario: long positions above 1.513 with targets @ 1.5245 & 1.531 in extension.
Alternative scenario: below 1.513 look for further downside with 1.5075 & 1.5035 as targets.
Comment: even though a continuation of the consolidation cannot be ruled out, its extent should be limited.
GBP/USD Chart
USD/JPY Intraday: key resistance at 121.35.
Pivot: 121.35
Most Likely Scenario: short positions below 121.35 with targets @ 120.55 & 120.15 in extension.
Alternative scenario: above 121.35 look for further upside with 121.85 & 122.25 as targets.
Comment: the upward potential is likely to be limited by the resistance at 121.35.
USD/JPY Chart
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