TradingCentral analyses

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

08.11.2013 07:07 GMT+1 - EUR/USD intraday: key ST resistance at 1.346

Pivot: 1.3460.
Our preference: SHORT positions @ 1.344 with 1.3345 & 1.3295 as next targets.
Alternative scenario: The upside penetration of 1.346 will call for a rebound towards 1.3495 & 1.3545.
Comment: the pair has struck against its resistance and remains under pressure as the RSI is badly directed.

    

08.11.2013 07:09 GMT+1 - GBP/USD intraday: the bias remains bullish.

Pivot: 1.6055.
Our preference: LONG positions above 1.6055 with 1.6115 & 1.614 as next targets.
Alternative scenario: The downside penetration of 1.6055 will call for 1.601 & 1.598.
Comment: the pair stands above its support and remains on the upside.

    

08.11.2013 07:15 GMT+1 - USD/CHF intraday: intraday support around 0.914

Pivot: 0.9140.
Our preference: LONG positions above 0.914 with targets @ 0.92 & 0.9235.
Alternative scenario: The downside breakout of 0.914 will open the way to 0.909 & 0.907.
Comment: the pair has rebounded on its support as the RSI is turning up.

    

08.11.2013 07:13 GMT+1 - USD/JPY intraday: key ST resistance at 98.55

Pivot: 98.55.
Our preference: SHORT positions below 98.55 with 97.8 & 97.45 in sight.
Alternative scenario: The upside penetration of 98.55 will call for a rebound towards 98.85 & 99.
Comment: the pair is rebounding but stands below its resistance, the RSI is badly directed.

    

08.11.2013 07:32 GMT+1 - USD/CAD intraday: the bias remains bullish.

Pivot: 1.0395
Our preference: Long positions above 1.0395 with targets @ 1.0495 & 1.054 in extension.
Alternative scenario: Below 1.0395 look for further downside with 1.036 & 1.031 as targets.
Comment: the RSI broke above a declining trend line.

    

08.11.2013 07:30 GMT+1 - AUD/USD intraday: under pressure.

Pivot: 0.9505
Our preference: Short positions below 0.9505 with targets @ 0.9425 & 0.9385 in extension.
Alternative scenario: Above 0.9505 look for further upside with 0.954 & 0.9575 as targets.
Comment: the pair is trading in an intraday bearish channel.

    

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