TradingCentral analyses 06.11.2013 16:25 GMT+1

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

06.11.2013 16:25 GMT+1 - EUR/USD intraday: rebound.

Pivot: 1.348
Our preference: Long positions above 1.348 with targets @ 1.3565 & 1.36 in extension.
Alternative scenario: Below 1.348 look for further downside with 1.345 & 1.341 as targets.
Comment: the pair has rebounded and is breaking above its resistance.

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06.11.2013 16:26 GMT+1 - GBP/USD intraday: the upside prevails.

Pivot: 1.605
Our preference: Long positions above 1.605 with targets @ 1.612 & 1.6165 in extension.
Alternative scenario: Below 1.605 look for further downside with 1.601 & 1.598 as targets.
Comment: the pair remains on the upside and is approaching its resistance.

   

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06.11.2013 16:27 GMT+1 - USD/CHF intraday: the bias remains bullish.

Pivot: 0.909
Our preference: Long positions above 0.909 with targets @ 0.9145 & 0.9175 in extension.
Alternative scenario: Below 0.909 look for further downside with 0.907 & 0.9045 as targets.
Comment: the pair is facing a pull back on its support.

   

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06.11.2013 16:27 GMT+1 - USD/JPY intraday: the bias remains bullish.

Pivot: 98.35
Our preference: Long positions above 98.35 with targets @ 99 & 99.25 in extension.
Alternative scenario: Below 98.35 look for further downside with 98.05 & 97.75 as targets.
Comment: the pair remains on the upside and is approaching its resistance.

   

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06.11.2013 16:18 GMT+1 - USD/CAD intraday: bullish bias above 1.0395.

Pivot: 1.0395
Our preference: Long positions above 1.0395 with targets @ 1.0435 & 1.047 in extension.
Alternative scenario: Below 1.0395 look for further downside with 1.036 & 1.0335 as targets.
Comment: even though a continuation of the consolidation cannot be ruled out, its extent should be limited.

   

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06.11.2013 16:17 GMT+1 - AUD/USD intraday: further advance.

Pivot: 0.9485
Our preference: Long positions above 0.9485 with targets @ 0.954 & 0.9575 in extension.
Alternative scenario: Below 0.9485 look for further downside with 0.946 & 0.9425 as targets.
Comment: the RSI is well directed.

forexjust

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