TradingCentral analyses

EUR/USD    GBP/USD    USD/CHF    USD/JPY    USD/CAD    AUD/USD   

21.08.2013 16:19 GMT+1 - EUR/USD intraday: the upside prevails.

Pivot: 1.3365
Our preference: Long positions above 1.3365 with targets @ 1.345 & 1.349 in extension.
Alternative scenario: Below 1.3365 look for further downside with 1.3305 & 1.327 as targets.
Comment: the pair is facing a pull back on its support ahead of a rebound.

    

21.08.2013 16:19 GMT+1 - GBP/USD intraday: the bias remains bullish.

Pivot: 1.5635
Our preference: Long positions above 1.5635 with targets @ 1.572 & 1.575 in extension.
Alternative scenario: Below 1.5635 look for further downside with 1.5605 & 1.557 as targets.
Comment: the pair stands above its support and remains on the upside.

    

21.08.2013 16:20 GMT+1 - USD/CHF intraday: under pressure.

Pivot: 0.9215
Our preference: Short positions below 0.9215 with targets @ 0.9145 & 0.9125 in extension.
Alternative scenario: Above 0.9215 look for further upside with 0.9245 & 0.928 as targets.
Comment: the pair has struck against its resistance and should face further weakness.

    

21.08.2013 16:21 GMT+1 - USD/JPY intraday: the upside prevails.

Pivot: 97
Our preference: Long positions above 97 with targets @ 97.85 & 98.3 in extension.
Alternative scenario: Below 97 look for further downside with 96.75 & 96.4 as targets.
Comment: the pair has rebounded on its support and remains on the upside.

    

21.08.2013 16:14 GMT+1 - USD/CAD intraday: the upside prevails.

Pivot: 1.04
Our preference: Long positions above 1.04 with targets @ 1.0455 & 1.049 in extension.
Alternative scenario: Below 1.04 look for further downside with 1.0375 & 1.034 as targets.
Comment: the pair remains on the upside and should post further advance.

    

21.08.2013 16:14 GMT+1 - AUD/USD intraday: the downside prevails.

Pivot: 0.9075
Our preference: Short positions below 0.9075 with targets @ 0.9 & 0.896 in extension.
Alternative scenario: Above 0.9075 look for further upside with 0.91 & 0.913 as targets.
Comment: a break below 0.9 would trigger a drop towards 0.896.

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