U.S. Dollar Looks Bullish

 
   By TRADING Central 
   The Dow Jones Newswires technical analysis partner 
 

        LONDON (Dow Jones)--Rolling 24-hour chart levels:
        Intraday EUR/USD: The RSI has broken down its 30 level. Suggest SHORT positions below 1.093 with targets @ 1.0835 & 1.081 in extension. Above 1.093 look for further upside with 1.0965 & 1.099 as targets.
        1 month trend: Bearish
        Intraday USD/JPY: The RSI is well directed. Suggest LONG positions above 124.1 with targets @ 124.6 & 124.75 in extension. Below 124.1 look for further downside with 123.8 & 123.5 as targets.
        1 month trend: Bullish
        Intraday GBP/USD: The RSI is bearish and calls for further downside. Suggest SHORT positions below 1.5585 with targets @ 1.55 & 1.5465 in extension. Above 1.5585 look for further upside with 1.563 & 1.568 as targets.
        1 month trend: Range
        Intraday USD/CHF: The RSI is bullish and calls for further upside. Suggest LONG positions above 0.9715 with targets @ 0.981 & 0.9845 in extension. Below 0.9715 look for further downside with 0.9665 & 0.964 as targets.
        1 month trend: Bullish
        Intraday EUR/GBP: As long as 0.701 is resistance, look for choppy price action with a bearish bias. Suggest SHORT positions below 0.701 with targets @ 0.697 & 0.696 in extension. Above 0.701 look for further upside with 0.703 & 0.7045 as targets.
        1 month trend: Bearish
        Intraday EUR/JPY: The RSI is badly directed. Suggest SHORT positions below 135.5 with targets @ 134.85 & 134.5 in extension. Above 135.5 look for further upside with 135.75 & 136.2 as targets.
        1 month trend: Bearish
        Intraday EUR/CHF: The RSI is badly directed. Suggest SHORT positions below 1.0655 with targets @ 1.059 & 1.0575 in extension. Above 1.0655 look for further upside with 1.0675 & 1.069 as targets.
        1 month trend: Range
        Intraday AUD/USD: A support base at 0.7345 has formed and has allowed for a temporary stabilisation. Suggest LONG positions above 0.7345 with targets @ 0.7405 & 0.743 in extension. Below 0.7345 look for further downside with 0.73 & 0.726 as targets.
        1 month trend: Bearish
        * The pivot is the sum of the high, low and close divided by 3.
        This content was produced exclusively for Dow Jones by Trading Central, a leading investment research and commentary service specializing in technical analysis. (www.tradingcentral.com)
        This is a financial news and information service. It is provided in general terms and does not take account of or address any individual user's position. To the extent that this article includes suggestions as to various possible investment strategies which users might consider, it does so in only general terms without reference to the personal factors which should determine any user's investment decisions. Nothing contained in this service constitutes personalized investment advice. Dow Jones does not warrant the accuracy, completeness or timeliness of the information in this article, and any errors shall not be made the basis for any claim against Dow Jones. The author does not invest in the instruments or markets cited in this article. This article does not constitute or form part of any invitation or inducement to buy or sell any security.
        (END) Dow Jones Newswires

        August 05, 2015 02:15 ET (06:15 GMT)

#SumOfTheHigh
#LowAndClose
#FinancialNews
#InformationService
#OneMonthTrendBearish
#OneMonthTrendBullish
#FurtherUpside
#VariousPossible
#InvestmentStrategies