TradingCentral analyses

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

05.11.2013 19:42 GMT+1 - EUR/USD intraday: the downside prevails.

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 RSI is capped by a bearish trend line.

    

05.11.2013 19:42 GMT+1 - GBP/USD intraday: the upside prevails.

Pivot: 1.598
Our preference: Long positions above 1.598 with targets @ 1.608 & 1.612 in extension.
Alternative scenario: Below 1.598 look for further downside with 1.594 & 1.589 as targets.
Comment: technically, the RSI is above its neutrality area at 50.

    

05.11.2013 19:43 GMT+1 - USD/CHF intraday: intraday support around 0.909.

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 RSI is well directed.

    

05.11.2013 19:43 GMT+1 - USD/JPY intraday: rebound.

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 RSI is well directed.

    

05.11.2013 19:47 GMT+1 - USD/CAD intraday: bullish bias above 1.0395.

Pivot: 1.0395
Our preference: Long positions above 1.0395 with targets @ 1.047 & 1.0495 in extension.
Alternative scenario: Below 1.0395 look for further downside with 1.036 & 1.0335 as targets.
Comment: the RSI is bullish and calls for further upside.

    

05.11.2013 19:46 GMT+1 - AUD/USD intraday: bullish bias above 0.946.

Pivot: 0.946
Our preference: Long positions above 0.946 with targets @ 0.9575 & 0.962 in extension.
Alternative scenario: Below 0.946 look for further downside with 0.9425 & 0.9385 as targets.
Comment: even though a continuation of the consolidation cannot be ruled out, its extent should be limited.

    

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