Update - Daily Technical Levels from FXCC - page 2

 
 

Daily Technical Levels from FXCC 9 Aug 2011

Daily Technical Levels from FXCC 9 Aug 2011

EUR/USD

Intraday Technical Levels:

Pivot: 1.4275.

Preference: SHORT positions @ 1.4265 with 1.415 & 1.412 in sight.

Alternative Scenario: The upside penetration of 1.4275 will call for a rebound towards 1.43 & 1.435.

Comment: the pair is posting a rebound and is approaching its resistance, the RSI calls for caution.

USD/JPY

Intraday Technical Levels:

Pivot: 77.95.

Preference: SHORT positions @ 77.9 with targets @ 77 & 76.7.

Alternative Scenario: The upside penetration of 77.95 will call for a rebound towards 78.25 & 78.6.

Comment: the pair remains under pressure and is challenging its support.

GBP/USD

Intraday Technical Levels:

Pivot: 1.6385.

Preference: SHORT positions @ 1.6375 with targets @ 1.627 & 1.6225.

Alternative Scenario: The upside penetration of 1.6385 will call for 1.644 & 1.6475.

Comment: the pair stands below its new resistance and remains under pressure.

Daily Technical Levels from fxcc.com

Source: FX Central Clearing

 

Update Daily Technical Levels from FXCC 9 Aug 2011

Update Daily Technical Levels from FXCC 9 Aug 2011

EUR/USD Intraday Technical Levels:

Pivot: 1.43

Preference: Short positions below 1.43 with targets @ 1.418 & 1.415 in extension.

Alternative Scenario: Above 1.43 look for further upside with 1.435 & 1.44 as targets.

Comment: the pair is challenging its resistance; the RSI is mixed to bearish.

USD/JPY Intraday Technical Levels:

Pivot: 77.55

Preference: Short positions below 77.55 with targets @ 77 & 76.7 in extension.

Alternative Scenario: Above 77.55 look for further upside with 77.95 & 78.25 as targets.

Comment: the pair is on the downside and is challenging its support.

GBP/USD Intraday Technical Levels:

Pivot: 1.6385

Preference: Short positions below 1.6385 with targets @ 1.631 & 1.627 in extension.

Alternative Scenario: Above 1.6385 look for further upside with 1.644 & 1.6475 as targets.

Comment: the pair has struck against its resistance and remains under pressure.

Daily Technical Levels from fxcc.com

Source: FX Central Clearing

 
 

Update Daily Technical Levels from FXCC 16 Aug 2011

Update Daily Technical Levels from FXCC 16 Aug 2011

EUR/USD

Intraday Technical Levels:

Pivot: 1.442

Preference: Short positions below 1.442 with targets @ 1.4325 & 1.4275 in extension.

Alternative Scenario: Above 1.442 look for further upside with 1.4475 & 1.454 as targets.

Comment: the RSI is badly directed, the pair is under pressure and should face further weakness.

USD/JPY

Intraday Technical Levels:

Pivot: 77.2

Preference: Short positions below 77.2 with targets @ 76.5 & 76.3 in extension.

Alternative Scenario: Above 77.2 look for further upside with 77.5 & 77.75 as targets.

Comment: the pair stands below its resistance and remains under pressure.

GBP/USD

Intraday Technical Levels:

Pivot: 1.6325

Preference: Long positions above 1.6325 with targets @ 1.641 & 1.645 in extension.

Alternative Scenario: Below 1.6325 look for further downside with 1.63 & 1.6265 as targets.

Comment: the pair has rebounded on its support and should post further advance.

Daily Technical Levels from fxcc.com

Source: FX Central Clearing

 

Daily Technical Levels from FXCC 17 Aug 2011

Daily Technical Levels from FXCC 17 Aug 2011

EUR/USD

Intraday Technical Levels:

Pivot: 1.4350.

Preference: LONG positions @ 1.436 with targets @ 1.445 & 1.448.

Alternative Scenario: The downside penetration of 1.435 will call for a slide towards 1.431 & 1.4275.

Comment: the pair has rebounded on its support and should post further advance as the RSI is well directed.

USD/JPY

Intraday Technical Levels:

Pivot: 77.00.

Preference: SHORT positions @ 76.95 with 76.5 & 76.3 as next targets.

Alternative Scenario: The upside penetration of 77 will call for a rebound towards 77.2 & 77.5.

Comment: the pair stands below its resistance and remains under pressure.

GBP/USD

Intraday Technical Levels:

Pivot: 1.6395.

Preference: LONG positions @ 1.64 with 1.648 & 1.654 in sight.

Alternative Scenario: The downside breakout of 1.6395 will open the way to 1.636 & 1.6325.

Comment: the pair stands above its support and remains on the upside.

Daily Technical Levels from fxcc.com

Source: FX Central Clearing ECN Forex Trading | ECN Forex Broker | Forex Trading Accounts | FXCC

 

Update Daily Technical Levels from FXCC 17 Aug 11

Update Daily Technical Levels from FXCC 17 Aug 11

EUR/USD

Intraday Technical Levels:

Pivot: 1.4400

Preference: Long positions above 1.44 with targets @ 1.45 & 1.455 in extension.

Alternative Scenario: Below 1.44 look for further downside with 1.435 & 1.431 as targets.

Comment: the RSI is well directed, the pair is on the upside and is challenging its resistance.

USD/JPY

Intraday Technical Levels:

Pivot: 77.00

Preference: Short positions below 77 with targets @ 76.3 & 76 in extension.

Alternative Scenario: Above 77 look for further upside with 77.2 & 77.5 as targets.

Comment: the pair remains under pressure and is approaching its next support.

GBP/USD

Intraday Technical Levels:

Pivot: 1.6400

Preference: Long positions above 1.64 with targets @ 1.654 & 1.6575 in extension.

Alternative Scenario: Below 1.64 look for further downside with 1.636 & 1.6325 as targets.

Comment: the pair has rebounded on its MT rising trend line and is challenging its resistance

Daily Technical Levels from fxcc.com

Source: FX Central Clearing

 

Daily Technical Levels from FXCC 18 Aug 2011

Daily Technical Levels from FXCC 18 Aug 2011

EUR/USD

Intraday Technical Levels:

Pivot: 1.4350.

Preference: LONG positions @ 1.436 with 1.445 & 1.4475 in sight.

Alternative Scenario: The downside breakout of 1.435 will open the way to 1.431 & 1.4275.

Comment: the pair is pulling back on its support ahead of a rebound.

USD/JPY

Intraday Technical Levels:

Pivot: 77.00.

Preference: SHORT positions @ 76.95 with 76.3 & 76 as next targets.

Alternative Scenario: The upside breakout of 77 will open the way to 77.2 & 77.5.

Comment: the pair stands below its resistance and remains under pressure.

GBP/USD

Intraday Technical Levels:

Pivot: 1.6475.

Preference: LONG positions @ 1.6485 with targets @ 1.655 & 1.659.

Alternative Scenario: The downside breakout of 1.6475 will open the way to 1.64 & 1.636.

Comment: the pair is pulling back on its MT rising trend line ahead of further advance.

Daily Technical Levels from fxcc.com

Source: FX Central Clearing ECN Forex Trading | ECN Forex Broker | Forex Trading Accounts | FXCC

 

Update Daily Technical Levels from FXCC 18 Aug 2011

Update Daily Technical Levels from FXCC 18 Aug 2011

EUR/USD

Intraday Technical Levels:

Pivot: 1.435

Preference: Long positions above 1.435 with targets @ 1.4415 & 1.445 in extension.

Alternative Scenario: Below 1.435 look for further downside with 1.431 & 1.4275 as targets.

Comment: the pair is pulling back on its support, the RSI calls for caution.

USD/JPY

Intraday Technical Levels:

Pivot: 77.00

Preference: Short positions below 77 with targets @ 76.3 & 76 in extension.

Alternative Scenario: Above 77 look for further upside with 77.2 & 77.5 as targets.

Comment: the pair stands below its resistance and remains under pressure.

GBP/USD

Intraday Technical Levels:

Pivot: 1.6475

Preference: Long positions above 1.6475 with targets @ 1.655 & 1.659 in extension.

Alternative Scenario: Below 1.6475 look for further downside with 1.6425 & 1.64 as targets.

Comment: the pair is pulling back on its MT rising trend line, the RSI calls for caution.

Daily Technical Levels from fxcc.com

Source: FX Central Clearing

 

Update Daily Technical Levels from FXCC 19 Aug 2011

Update Daily Technical Levels from FXCC 19 Aug 2011

EUR/USD

Intraday Technical Levels:

Pivot: 1.4270

Preference: Long positions above 1.427 with targets @ 1.4375 & 1.442 in extension.

Alternative Scenario: Below 1.427 look for further downside with 1.4225 & 1.4175 as targets.

Comment: the pair is posting a rebound and is challenging its resistance, the RSI is well directed.

USD/JPY

Intraday Technical Levels:

Pivot: 76.8

Preference: Short positions below 76.8 with targets @ 76.3 & 76 in extension.

Alternative Scenario: Above 76.8 look for further upside with 77 & 77.2 as targets.

Comment: the pair has struck against its resistance and remains under pressure.

GBP/USD

Intraday Technical Levels:

Pivot: 1.645

Preference: Long positions above 1.645 with targets @ 1.656 & 1.659 in extension.

Alternative Scenario: Below 1.645 look for further downside with 1.64 & 1.635 as targets.

Comment: the pair is on the upside and is challenging its resistance, the RSI is well directed.

Daily Technical Levels from fxcc.com

Source: FX Central Clearing

Reason: