TradingCentral analyses 06.11.2013

TradingCentral analyses

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

06.11.2013 10:13 GMT+7 - EUR/USD intraday: key resistance at 1.3525.

Pivot: 1.3525
Our preference: Short positions below 1.3525 with targets @ 1.341 & 1.3365 in extension.
Alternative scenario: Above 1.3525 look for further upside with 1.3565 & 1.36 as targets.
Comment: the upward potential is likely to be limited by the resistance at 1.3525.

    

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06.11.2013 10:18 GMT+7 - GBP/USD intraday: the upside prevails.

Pivot: 1.601
Our preference: Long positions above 1.601 with targets @ 1.612 & 1.6165 in extension.
Alternative scenario: Below 1.601 look for further downside with 1.594 & 1.589 as targets.
Comment: the RSI calls for a new upleg.

   

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06.11.2013 10:22 GMT+7 - USD/CHF intraday: the bias remains bullish.

Pivot: 0.909
Our preference: Long positions above 0.909 with targets @ 0.9175 & 0.9205 in extension.
Alternative scenario: Below 0.909 look for further downside with 0.9045 & 0.8985 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 10:20 GMT+7 - USD/JPY intraday: the bias remains bullish.

Pivot: 98.05
Our preference: Long positions above 98.05 with targets @ 98.7 & 99 in extension.
Alternative scenario: Below 98.05 look for further downside with 97.75 & 97.4 as targets.
Comment: the next resistances are at 98.7 and then at 99.

   

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06.11.2013 10:29 GMT+7 - USD/CAD intraday: bullish bias above 1.0395.

Pivot: 1.0395
Our preference: Long positions above 1.0395 with targets @ 1.0495 & 1.0515 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 10:24 GMT+7 - AUD/USD intraday: bullish bias above 0.946.

Pivot: 0.946
Our preference: Long @ 0.9505 with targets @ 0.954 & 0.9575 in extension.
Alternative scenario: Below 0.946 look for further downside with 0.9425 & 0.9385 as targets.
Comment: the RSI calls for a new upleg.

   

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