تحلیل جفت ارزها - 12th Oct

PRE EUROPEAN OPEN, DAILY TECHNICAL ANALYSIS, 12 OCTOBER 2011

EUR/USD GBP/USD USD/JPY AUD/USD GOLD CRUDE OIL

Please note that due to market volatility, some of the below sight prices may have already been reached and scenarios played out.

EUR/USD INTRADAY: THE UPSIDE PREVAILS. Pivot: 1.3570. Most Likely Scenario: LONG positions above 1.357 with 1.3665 & 1.3705 as next targets. Alternative scenario: The downside breakout of 1.357 will open the way to 1.352 & 1.347. Comment: The pair stands above its new support and remains on the upside. Trend: ST Consolidation; MT Bearish NEXT » GBP/USD INTRADAY: INTRADAY SUPPORT AROUND 1.553 Pivot: 1.5530. Most Likely Scenario: LONG positions above 1.553 with 1.561 & 1.5665 in sight. Alternative scenario: The downside penetration of 1.553 will call for 1.55 & 1.5475. Comment: The RSI is breaking above a declining trend line, the pair should rebound on its support. « PREVIOUS | NEXT » USD/JPY INTRADAY: UNDER PRESSURE. Pivot: 76.90. Most Likely Scenario: SHORT positions @ 76.85 with 76.5 & 76.3 in sight. Alternative scenario: The upside penetration of 76.9 will call for a rebound towards 77.1 & 77.2. Comment: The pair remains under pressure and is challenging its support. « PREVIOUS | NEXT » AUD/USD INTRADAY: INTRADAY SUPPORT AROUND 0.985. Pivot: 0.985 Most Likely Scenario: Long positions above 0.985 with targets @ 1 & 1.005 in extension. Alternative scenario: Below 0.985 look for further downside with 0.978 & 0.9725 as targets. Comment: The RSI lacks downward momentum. « PREVIOUS | NEXT » GOLD (SPOT) INTRADAY: THE BIAS REMAINS BULLISH. Pivot: 1650.00 Most Likely Scenario: LONG positions above 1650 with 1685 & 1700 as next targets. Alternative scenario: The downside penetration of 1650 will call for 1630 & 1600. Comment: The price remains in a bullish channel. « PREVIOUS | NEXT » CRUDE OIL (NOV 11) INTRADAY: FURTHER UPSIDE. Pivot: 84.00 Most Likely Scenario: LONG positions above 84 with 86.25 & 87.95 in sight. Alternative scenario: The downside penetration of 84 will call for a slide towards 81.5 & 80. Comment: The price is challenging its bullish channel support.