Pivot Point Levels (2015.04.28)

Pivot Point Levels (2015.04.28)

Source: FxPro Forex Broker

EUR/USD Intraday: bullish bias above 1.0815.

Pivot: 1.0815

Most Likely Scenario: Long positions above 1.0815 with targets @ 1.095 & 1.1035 in extension.

Alternative scenario: Below 1.0815 look for further downside with 1.078 & 1.073 as targets.

Comment: The pair stands above its support and remains within a bullish channel.

EUR/USD Chart

GBP/USD Intraday: the upside prevails.

Pivot: 1.516

Most Likely Scenario: Long positions above 1.516 with targets @ 1.53 & 1.5345 in extension.

Alternative scenario: Below 1.516 look for further downside with 1.51 & 1.502 as targets.

Comment: The pair remains within a bullish channel.

GBP/USD Chart