EUR/USD intraday: under pressure
Date: 2011/01/18
Time: 07:14
Pivot: 1.3350.
Our Preference: SHORT positions @ 1.334 with 1.3244 & 1.3211 in sight.
Alternative scenario: The upside breakout of 1.335 will open the way to 1.339 & 1.345.
Comment: the 1.335 congestion area maintains a downside pressure.
Trend: ST Ltd Downside; MT Range
Key levels Comment
1.345** Intraday resistance
1.339** Intraday resistance
1.335*** Intraday pivot point
1.3308 Last
1.3244** Intraday support
1.3211** Intraday support
1.3165** Intraday support
USD/JPY intraday: the downside prevails.
Date: 2011/01/18
Time: 07:15
Pivot: 82.80.
Our Preference: SHORT positions @ 82.7 with targets @ 82.2 & 81.9.
Alternative scenario: The upside breakout of 82.8 will open the way to 83.05 & 83.15.
Comment: the pair remains in a bearish channel.
Trend: ST Ltd Upside; MT Range
Key levels Comment
83.15** Intraday resistance
83.05*** Intraday resistance
82.8*** Intraday pivot point
82.51 Last
82.2** Intraday support
81.9** Intraday support
81.7** Intraday support
GBP/USD intraday: towards 1.6
Date: 2011/01/18
Time: 07:14
Pivot: 1.5900.
Our Preference: LONG positions @ 1.591 with 1.599 & 1.6 as next targets.
Alternative scenario: The downside breakout of 1.59 will open the way to 1.584 & 1.581.
Comment: the pair is trading in a bullish channel.
Trend: ST Ltd Downside; MT Range
Key levels Comment
1.6035** Fib projection
1.6** Round number
1.599* Fib projection
1.5934 Last
1.59*** Intraday pivot point
1.584** Intraday support
1.581** Intraday support
USD/CHF intraday: intraday support around 0.96.
Date: 2011/01/18
Time: 07:16
Pivot: 0.96
Our preference: Long positions above 0.96 with targets @ 0.9675 & 0.97 in extension.
Alternative scenario: Below 0.96 look for further downside with 0.955 & 0.95 as targets.
Comment: a support **** at 0.96 has formed and has allowed for a temporary stabilisation.
Key levels
0.976
0.97
0.9675
0.9617 last
0.96
0.955
0.95
تعليق