U.S. Dollar Points Upwards

 
   


By TRADING Central 
   The Dow Jones Newswires technical analysis partner 
 

        LONDON (Dow Jones)--Rolling 24-hour chart levels:
        Intraday EUR/USD: A break below 1.0925 would trigger a drop towards 1.089. Suggest SHORT positions below 1.0995 with targets @ 1.0925 & 1.089 in extension. Above 1.0995 look for further upside with 1.1025 & 1.1085 as targets.
        1 month trend: Bearish
        Intraday USD/JPY: The RSI is mixed to bullish. Suggest LONG positions above 123.8 with targets @ 124.35 & 124.6 in extension. Below 123.8 look for further downside with 123.5 & 123.3 as targets.
        1 month trend: Bullish
        Intraday GBP/USD: A break below 1.5555 would trigger a drop towards 1.5535. Suggest SHORT positions below 1.5645 with targets @ 1.5555 & 1.5535 in extension. Above 1.5645 look for further upside with 1.568 & 1.572 as targets.
        1 month trend: Range
        Intraday USD/CHF: Technically the RSI is above its neutrality area at 50. Suggest LONG positions above 0.964 with targets @ 0.972 & 0.9765 in extension. Below 0.964 look for further downside with 0.96 & 0.957 as targets.
        1 month trend: Bullish
        Intraday EUR/GBP: A break below 0.701 would trigger a drop towards 0.6985. Suggest SHORT positions below 0.7045 with targets @ 0.701 & 0.6985 in extension. Above 0.7045 look for further upside with 0.7075 & 0.71 as targets.
        1 month trend: Bearish
        Intraday EUR/JPY: As long as 136.25 is resistance, expect a return to 135.5. Suggest SHORT positions below 136.25 with targets @ 135.5 & 135.25 in extension. Above 136.25 look for further upside with 136.5 & 136.9 as targets.
        1 month trend: Bearish
        Intraday EUR/CHF: A support base at 1.059 has formed and has allowed for a temporary stabilisation. Suggest LONG positions above 1.059 with targets @ 1.0655 & 1.0675 in extension. Below 1.059 look for further downside with 1.0575 & 1.0555 as targets.
        1 month trend: Range
        Intraday AUD/USD: The RSI is well directed. Suggest LONG positions above 0.7285 with targets @ 0.7365 & 0.739 in extension. Below 0.7285 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 04, 2015 02:14 ET (06:14 GMT)

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