U.S. Dollar Offers Volatility

 
  


By TRADING Central 
   The Dow Jones Newswires technical analysis partner 
 

        LONDON (Dow Jones)--Rolling 24-hour chart levels:
        Intraday EUR/USD: As long as the resistance at 1.1025 is not surpassed, the risk of the break below 1.0925 remains high. Suggest SHORT positions below 1.1025 with targets @ 1.0925 & 1.089 in extension. Above 1.1025 look for further upside with 1.1085 & 1.1115 as targets.
        1 month trend: Bearish
        Intraday USD/JPY: The upward potential is likely to be limited by the resistance at 124.15. Suggest SHORT positions below 124.15 with targets @ 123.75 & 123.5 in extension. Above 124.15 look for further upside with 124.35 & 124.6 as targets.
        1 month trend: Bullish
        Intraday GBP/USD: The RSI has just landed on its neutrality area at 50% and is turning up. Suggest LONG positions above 1.559 with targets @ 1.568 & 1.574 in extension. Below 1.559 look for further downside with 1.5555 & 1.5535 as targets.
        1 month trend: Range
        Intraday USD/CHF: Even though a continuation of the consolidation cannot be ruled out, its extent should be limited. Suggest LONG positions above 0.96 with targets @ 0.968 & 0.972 in extension. Below 0.96 look for further downside with 0.957 & 0.9545 as targets.
        1 month trend: Bullish
        Intraday EUR/GBP: The RSI is mixed to bearish. Suggest SHORT positions below 0.7055 with targets @ 0.701 & 0.6985 in extension. Above 0.7055 look for further upside with 0.7075 & 0.71 as targets.
        1 month trend: Bearish
        Intraday EUR/JPY: As long as the resistance at 136.5 is not surpassed, the risk of the break below 135.75 remains high. Suggest SHORT positions below 136.5 with targets @ 135.75 & 135.5 in extension. Above 136.5 look for further upside with 136.9 & 137.35 as targets.
        1 month trend: Bearish
        Intraday EUR/CHF: Even though a continuation of the consolidation cannot be ruled out, its extent should be limited. Suggest LONG positions above 1.0575 with targets @ 1.0655 & 1.0675 in extension. Below 1.0575 look for further downside with 1.0555 & 1.053 as targets.
        1 month trend: Range
        Intraday AUD/USD: The RSI is mixed to bullish. Suggest LONG positions above 0.728 with targets @ 0.7335 & 0.7365 in extension. Below 0.728 look for further downside with 0.726 & 0.723 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 03, 2015 02:17 ET (06:17 GMT)

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