TradingCentral analyses

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

01.11.2013 19:39 GMT+1 - EUR/USD intraday: the downside prevails.

Pivot: 1.354
Our preference: Short positions below 1.354 with targets @ 1.3455 & 1.341 in extension.
Alternative scenario: Above 1.354 look for further upside with 1.36 & 1.365 as targets.
Comment: the pair remains on the downside and should face further weakness.

    

^TOP^

01.11.2013 19:41 GMT+1 - GBP/USD intraday: the downside prevails.

Pivot: 1.6
Our preference: Short positions below 1.6 with targets @ 1.589 & 1.5845 in extension.
Alternative scenario: Above 1.6 look for further upside with 1.608 & 1.612 as targets.
Comment: the pair stands below its resistance and remains under pressure.

    

^TOP^

01.11.2013 15:23 GMT+1 - USD/CHF intraday: further advance.

Pivot: 0.907
Our preference: Long positions above 0.907 with targets @ 0.9145 & 0.9175 in extension.
Alternative scenario: Below 0.907 look for further downside with 0.9045 & 0.902 as targets.
Comment: the pair remains on the upside and should post further advance.

    

^TOP^

01.11.2013 19:41 GMT+1 - USD/JPY intraday: further advance.

Pivot: 98.25
Our preference: Long positions above 98.25 with targets @ 99 & 99.2 in extension.
Alternative scenario: Below 98.25 look for further downside with 97.75 & 97.4 as targets.
Comment: the pair has broken above its previous high and remains on the upside.

    

^TOP^

01.11.2013 19:44 GMT+1 - USD/CAD intraday: break of a ST rising trendline support.

Pivot: 1.045
Our preference: Short positions below 1.045 with targets @ 1.039 & 1.036 in extension.
Alternative scenario: Above 1.045 look for further upside with 1.0495 & 1.054 as targets.
Comment: as long as 1.045 is resistance, likely decline to 1.039.

    

^TOP^

01.11.2013 19:45 GMT+1 - AUD/USD intraday: capped by a negative trend line.

Pivot: 0.9485
Our preference: Short positions below 0.9485 with targets @ 0.9385 & 0.933 in extension.
Alternative scenario: Above 0.9485 look for further upside with 0.952 & 0.9575 as targets.
Comment: the RSI is bearish and calls for further downside.

^TOP^