Blogs

(16 JUNE 2020)USD/TRY 6.7960 expected.

Forex

<p>Pivot</p> <p>&nbsp;(invalidation): 6.8400 Our preference</p> <p>Short positions below 6.8400 with targets at 6.8090 &amp; 6.7960 in extension.</p> <p>Alternative scenario</p> <p>Above 6.8400 look for further upside with 6.8500 &amp; 6.8610 as targets.</p>

(16 JUNE 2020)USD/CHF Watch 0.9450.

Forex

<p>Pivot</p> <p>&nbsp;(invalidation): 0.9510 Our preference</p> <p>Short positions below 0.9510 with targets at 0.9475 &amp; 0.9450 in extension.</p> <p>Alternative scenario</p> <p>Above 0.9510 look for further upside with 0.9525 &amp; 0.9545 as targets.</p>

(16 JUNE 2020)USD/JPY Watch 107.85.

Forex

<p>Pivot</p> <p>&nbsp;(invalidation): 107.20 Our preference</p> <p>Long positions above 107.20 with targets at 107.65 &amp; 107.85 in extension.</p> <p>Alternative scenario</p> <p>Below 107.20 look for further downside with 107.00 &amp; 106.80 as targets.</p>

(16 JUNE 2020)GBP/USD Aim @ 1.2750.

Forex

<p>Pivot</p> <p>&nbsp;(invalidation): 1.2610 Our preference</p> <p>Long positions above 1.2610 with targets at 1.2705 &amp; 1.2750 in extension.</p> <p>Alternative scenario</p> <p>Below 1.2610 look for further downside with 1.2570 &amp; 1.2525 as targets.</p>

(16 JUNE 2020)EUR/USD Target 1.1390.

Forex

<p>Pivot</p> <p>&nbsp;(invalidation): 1.1300 Our preference</p> <p>Long positions above 1.1300 with targets at 1.1365 &amp; 1.1390 in extension.</p> <p>Alternative scenario</p> <p>Below 1.1300 look for further downside with 1.1270 &amp; 1.1240 as targets.</p>

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