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Daily Technical Levels from FXCC – 22Sep 2011

Discussion in 'Market Predictions and Reports' started by alayoua, Sep 22, 2011.

  1. alayoua

    alayoua Banned

    Jul 19, 2011
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    Daily Technical Levels from FXCC – 22Sep 2011

    EUR/USD Intraday Technical Levels:

    Pivot: 1.3610.
    Preference: SHORT positions @ 1.36 with targets@ 1.3495 & 1.345.
    Alternative Scenario:The upside penetration of 1.361will call for 1.37 & 1.38.
    Comment:the pair remains on the downside and isapproaching its previous low.

    USD/JPY Intraday Technical Levels:

    Pivot: 77.00.
    Preference: SHORT positions @ 76.95 with 76.5 &76.25 in sight.
    Alternative Scenario: The upside penetration of 77 willcall for 77.25 & 77.4.
    Comment: the pair has struck against its strong resistanceand should face a weakness.

    GBP/USD Intraday Technical Levels:

    Pivot: 1.5520.
    Preference: SHORT positions @ 1.551 with 1.5425& 1.537 as next targets.
    Alternative Scenario: The upside penetration of 1.552will call for a rebound towards 1.5575 & 1.5635.
    Comment: the pair stands below its new resistance(former support) and remains on the downside.

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

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