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 – 26 Sep 2011

Discussion in 'Market Predictions and Reports' started by alayoua, Sep 26, 2011.

  1. alayoua

    alayoua Banned

    Joined:
    Jul 19, 2011
    Messages:
    0
    Likes Received:
    0
    Update - Daily Technical Levels from FXCC – 26 Sep 2011

    EUR/USD Intraday Technical Levels:

    Pivot: 1.3575
    Preference: Short positions below 1.3575 with targets @ 1.3425 & 1.336 in extension.
    Alternative Scenario: Above 1.3575 look for further upside with 1.363 & 1.3695 as targets.
    Comment: the pair should strike against its strong resistance as the RSI lacks upward momentum.

    USD/JPY Intraday Technical Levels:

    Pivot: 76.6
    Preference: Short positions below 76.6 with targets @ 76.1 & 75.95 in extension.
    Alternative Scenario: Above 76.6 look for further upside with 76.9 & 77.1 as targets.
    Comment: the pair has struck against its new resistance and remains under pressure.

    GBP/USD Intraday Technical Levels:

    Pivot: 1.542
    Preference: Long positions above 1.542 with targets @ 1.5575 & 1.563 in extension.
    Alternative Scenario: Below 1.542 look for further downside with 1.537 & 1.5325 as targets.
    Comment: the pair is on the upside and is breaking above its resistance as the RSI has broken above its declining trend line.

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

Share This Page