1. This site uses cookies. By continuing to use this site, you are agreeing to our use of cookies. Learn More.

Update Daily Technical Levels from FXCC 09 Sep 2011

Discussion in 'Market Predictions and Reports' started by alayoua, Sep 9, 2011.

  1. alayoua

    alayoua Banned

    Joined:
    Jul 19, 2011
    Messages:
    0
    Likes Received:
    0
    Update Daily Technical Levels from FXCC 09 Sep 2011

    EUR/USD
    Intraday Technical Levels:

    Pivot: 1.3875
    Preference: Short positions below 1.3875 with targets @ 1.375 & 1.3695 in extension.
    Alternative Scenario: Above 1.3875 look for further upside with 1.3935 & 1.397 as targets.
    Comment: the pair has broken below its support and remains on the downside as the RSI is badly directed.

    USD/JPY
    Intraday Technical Levels:

    Pivot: 77.45
    Preference: Long positions above 77.45 with targets @ 77.9 & 78 in extension.
    Alternative Scenario: Below 77.45 look for further downside with 77.3 & 77.05 as targets.
    Comment: the pair has broken above its resistance and remains on the upside.

    GBP/USD
    Intraday Technical Levels:
    Pivot: 1.6025
    Preference: Short positions below 1.6025 with targets @ 1.591 & 1.5875 in extension.
    Alternative Scenario: Above 1.6025 look for further upside with 1.6075 & 1.614 as targets.
    Comment: the pair has struck against its declining trend line 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
     

Share This Page