TradingCentral analyses 10.03.2015

TradingCentral analyses

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

10.03.2015 10:21 GMT+1 - EUR/USD Intraday: the downside prevails.

Pivot: 1.084
Our preference: Short positions below 1.084 with targets @ 1.0705 & 1.065 in extension.
Alternative scenario: Above 1.084 look for further upside with 1.09 & 1.095 as targets.
Comment: The pair remains capped by a declining trend line and has broken below its previous low.

    

10.03.2015 10:23 GMT+1 - GBP/USD Intraday: capped by a negative trend line.

Pivot: 1.514
Our preference: Short positions below 1.514 with targets @ 1.4985 & 1.495 in extension.
Alternative scenario: Above 1.514 look for further upside with 1.522 & 1.527 as targets.
Comment: The pair remains capped by a declining trend line.

    

10.03.2015 10:23 GMT+1 - USD/CHF Intraday: further advance.

Pivot: 0.982
Our preference: Long positions above 0.982 with targets @ 1 & 1.005 in extension.
Alternative scenario: Below 0.982 look for further downside with 0.972 & 0.968 as targets.
Comment: The pair has broken above its previous top and remains on the upside.

    

10.03.2015 10:21 GMT+1 - USD/JPY Intraday: the upside prevails.

Pivot: 121.1
Our preference: Long positions above 121.1 with targets @ 122.5 & 122.95 in extension.
Alternative scenario: Below 121.1 look for further downside with 120.6 & 120.2 as targets.
Comment: The immediate trend remains up and the momentum is strong.

    

10.03.2015 10:28 GMT+1 - USD/CAD Intraday: the upside prevails.

Pivot: 1.2565
Our preference: Long positions above 1.2565 with targets @ 1.27 & 1.2775 in extension.
Alternative scenario: Below 1.2565 look for further downside with 1.2495 & 1.245 as targets.
Comment: The pair has broken above its resistance and remains on the upside.

    

10.03.2015 10:20 GMT+1 - AUD/USD Intraday: the downside prevails.

Pivot: 0.768
Our preference: Short positions below 0.768 with targets @ 0.76 & 0.757 in extension.
Alternative scenario: Above 0.768 look for further upside with 0.7715 & 0.775 as targets.
Comment: The pair remains on the downside.