Daily Market Update 26 OCT 2023

EUR/USD Intraday: the downside prevails.  Pivot: 1.0580  Our preference: Short positions below 1.0580 with targets at 1.0525 & 1.0505 in extension.  Alternative scenario: Above 1.0580 look for further upside with 1.0605 & 1.0625 as targets.  Comment: The RSI shows downside momentum. USD/JPY Intraday: the upside prevails.  Pivot: 150.15  Our preference: Long positions above 150.15 with targets at […]