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Daily Technical Levels from FXCC 15 Sep 2011

Discussion in 'Market Predictions and Reports' started by alayoua, Sep 15, 2011.

  1. alayoua

    alayoua Banned

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    Daily Technical Levels from FXCC 15 Sep 2011


    EUR/USD
    Intraday Technical Levels:

    Pivot: 1.3625.
    Preference: LONG positions @ 1.3635 with 1.379 & 1.384 as next targets.
    Alternative Scenario: The downside breakout of 1.3625 will open the way to 1.3555 & 1.3495.
    Comment: the pair has broken above a declining trend line and is now trading in a slightly ascending channel.

    USD/JPY
    Intraday Technical Levels:

    Pivot: 77.00.
    Preference: SHORT positions @ 76.9 with 76.55 & 76.4 in sight.
    Alternative Scenario: The upside penetration of 77 will call for 77.25 & 77.4.
    Comment: the RSI lacks upward momentum.

    GBP/USD
    Intraday Technical Levels:

    Pivot: 1.5815.
    Preference: SHORT positions @ 1.5805 with targets @ 1.5705 & 1.566.
    Alternative Scenario: The upside penetration of 1.5815 will call for 1.587 & 1.589.
    Comment: the pair remains in an intraday bearish channel and the RSI lacks upside momentum.

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

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