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Daily Technical Levels from FXCC 14 Sep 2011

Discussion in 'Market Predictions and Reports' started by alayoua, Sep 14, 2011.

  1. alayoua

    alayoua Banned

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    Daily Technical Levels from FXCC 14 Sep 2011


    EUR/USD
    Intraday Technical Levels:

    Pivot: 1.3730.
    Preference: SHORT positions @ 1.372 with 1.3555 & 1.3495 in sight.
    Alternative Scenario: The upside penetration of 1.373 will call for 1.379 & 1.388.
    Comment: the RSI lacks upward momentum. A resumption of the short-term bearish trend is expected.

    USD/JPY
    Intraday Technical Levels:

    Pivot: 77.10.
    Preference: SHORT positions @ 77 with targets @ 76.75 & 76.55.
    Alternative Scenario: The upside breakout of 77.1 will open the way to 77.4 & 77.65.
    Comment: the RSI lacks upward momentum.

    GBP/USD
    Intraday Technical Levels:

    Pivot: 1.5820.
    Preference: SHORT positions @ 1.581 with targets @ 1.5695 & 1.566.
    Alternative Scenario: The upside breakout of 1.582 will open the way to 1.587 & 1.589.
    Comment: the pair remains in an intraday bearish and the RSI is capped by a declining trend line.

    Daily Technical Levels from fxcc.com
    Source: FX Central Clearing ECN Forex Trading | ECN Forex Broker | Forex Trading Accounts | FXCC
     

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