EUR/USD intraday: testing the channel support. Pivot: 1.4750.
Most Likely Scenario: LONG positions above 1.475 with 1.4845 & 1.489 as next targets.
Alternative scenario: The downside breakout of 1.475 will open the way to 1.471 & 1.465.
Comment: The pair is expected to bounce off its bearish channel support.
Trend: ST Ltd Upside; MT Range
GBP/USD intraday: under pressure. Pivot: 1.6555.
Most Likely Scenario: SHORT positions below 1.6555 with targets @ 1.643 & 1.6385.
Alternative scenario: The upside penetration of 1.6555 will call for 1.66 & 1.665.
Comment: The RSI is capped by a bearish trend line.
USD/JPY intraday: under pressure. Pivot: 81.25.
Most Likely Scenario: SHORT positions below 81.25 with 80.7 & 80.3 in sight.
Alternative scenario: The upside penetration of 81.25 will call for 81.45 & 81.7.
Comment: The RSI is capped by a bearish trend line.
AUD/USD intraday: the downside prevails. Pivot: 1.0875
Most Likely Scenario: Short positions below 1.0875 with targets @ 1.079 & 1.0725 in extension.
Alternative scenario: Above 1.0875 look for further upside with 1.0935 & 1.1015 as targets.
Comment: The pair remains under pressure and is approaching its support.
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