Today’s FOREX Trades

EUR/USD Intraday: towards 1.1280.
Pivot: 1.1210

Our preference: long positions above 1.1210 with targets at 1.1265 & 1.1280 in extension.

Alternative scenario: below 1.1210 look for further downside with 1.1170 & 1.1145 as targets.

Comment: the RSI is bullish and calls for further upside.

USD/JPY Intraday: supported by a rising trend line.
Pivot: 111.45

Our preference: long positions above 111.45 with targets at 111.90 & 112.20 in extension.

Alternative scenario: below 111.45 look for further downside with 111.10 & 110.80 as targets.

Comment: the RSI is bullish and calls for further upside.

GBP/USD Intraday: continuation of the rebound.
Pivot: 1.2960

Our preference: long positions above 1.2960 with targets at 1.3005 & 1.3020 in extension.

Alternative scenario: below 1.2960 look for further downside with 1.2925 & 1.2900 as targets.

Comment: the RSI is mixed with a bullish bias.

 

As well as these current currency plays we remain bullish on both gold and silver.

 

Cheerio.

The Pinstripe and Bowler Club shares information with MF Solutions Ltd.

 

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