Market Update 08 SEP 2023

EUR/USD Intraday: The upside prevails. Pivot:1.0685 Our preference:Long positions above 1.0685 with targets at 1.0730 and 1.0750 in extension. Alternative scenario:Below 1.0685, look for further downside with 1.0670 and 1.0655 as targets. Comment:The RSI shows upside momentum. USD/JPY Intraday: caution.  Pivot:147.35 Our preference:Short positions below 147.35 with targets at 146.80 & 146.60 in extension. Alternative scenario:Above 147.35 look for further upside with 147.60 & […]