TradingCentral analyses

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

04.11.2013 16:16 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 is posting a rebound but stands below its resistance.

    

^TOP^

04.11.2013 16:16 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 is rebounding but remains within a bearish channel.

    

^TOP^

04.11.2013 16:18 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.

    

^TOP^

04.11.2013 16:17 GMT+1 - USD/JPY intraday: further advance.

Pivot: 98.4
Our preference: Long positions above 98.4 with targets @ 99 & 99.3 in extension.
Alternative scenario: Below 98.4 look for further downside with 98.05 & 97.75 as targets.
Comment: the pair stands above its support and remains on the upside.

    

^TOP^

04.11.2013 16:59 GMT+1 - USD/CAD intraday: under pressure.

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 the resistance at 1.045 is not surpassed, the risk of the break below 1.039 remains high.

   
^TOP^

04.11.2013 16:59 GMT+1 - AUD/USD intraday: turning up.

Pivot: 0.9425
Our preference: Long positions above 0.9425 with targets @ 0.952 & 0.9575 in extension.
Alternative scenario: Below 0.9425 look for further downside with 0.9385 & 0.933 as targets.
Comment: the pair broke above a declining trend line and is expected to draw a recovery.

^TOP^

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