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 – 21 Sep 2011

Discussion in 'Market Predictions and Reports' started by alayoua, Sep 21, 2011.

  1. alayoua

    alayoua Banned

    Joined:
    Jul 19, 2011
    Messages:
    0
    Likes Received:
    0
    Update - Daily Technical Levels from FXCC – 21 Sep 2011

    EUR/USD Intraday Technical Levels:

    Pivot: 1.3725
    Preference: Short positions below 1.3725 with targets @ 1.3595 & 1.3555 in extension.
    Alternative Scenario: Above 1.3725 look for further upside with 1.378 & 1.3835 as targets.
    Comment: the RSI has broken below a rising trend line, the pair remains under pressure and is challenging its support.

    USD/JPY Intraday Technical Levels:

    Pivot: 76.55
    Preference: Short positions below 76.55 with targets @ 76.1 & 76 in extension.
    Alternative Scenario: Above 76.55 look for further upside with 76.75 & 77 as targets.
    Comment: the RSI remains capped by a declining trend line, the pair stands below its resistance.

    GBP/USD Intraday Technical Levels:

    Pivot: 1.57
    Preference: Short positions below 1.57 with targets @ 1.561 & 1.557 in extension.
    Alternative Scenario: Above 1.57 look for further upside with 1.576 & 1.5825 as targets.
    Comment: the pair has struck against its resistance 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