تحلیل جفت ارزها - 20th Oct

PRE US OPEN, DAILY TECHNICAL ANALYSIS, 20 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: REBOUND. Pivot: 1.37 Most Likely Scenario: Long positions above 1.37 with targets @ 1.3855 & 1.3915 in extension. Alternative scenario: Below 1.37 look for further downside with 1.3655 & 1.358 as targets. Comment: The pair has rebounded on its support and has validated a falling wedge. NEXT » GBP/USD INTRADAY: FURTHER ADVANCE. Pivot: 1.57 Most Likely Scenario: Long positions above 1.57 with targets @ 1.582 & 1.585 in extension. Alternative scenario: Below 1.57 look for further downside with 1.563 & 1.5585 as targets. Comment: The pair has broken above its channel upper boundary and should post further advance. « PREVIOUS | NEXT » USD/JPY INTRADAY: UNDER PRESSURE. Pivot: 77 Most Likely Scenario: Short positions below 77 with targets @ 76.6 & 76.4 in extension. Alternative scenario: Above 77 look for further upside with 77.2 & 77.5 as targets. Comment: The pair has struck against its resistance and remains under pressure, the RSI is capped by a ST declining trend line. « PREVIOUS | NEXT » AUD/USD INTRADAY: CONTINUATION OF THE REBOUND. Pivot: 1.02 Most Likely Scenario: Long positions above 1.02 with targets @ 1.035 & 1.0375 in extension. Alternative scenario: Below 1.02 look for further downside with 1.012 & 1.002 as targets. Comment: The RSI calls for a rebound. « PREVIOUS | NEXT » GOLD (SPOT) INTRADAY: UP TURN. Pivot: 1615.00 Most Likely Scenario: LONG positions above 1615 with 1640 & 1645 in sight. Alternative scenario: The downside penetration of 1615 will call for 1600 & 1595. Comment: The RSI has just broken above a declining trend line. « PREVIOUS | NEXT » CRUDE OIL (DEC 11) INTRADAY: REBOUND EXPECTED. Pivot: 85.40 Most Likely Scenario: LONG positions above 85.4 with 87.3 & 88.15 as next targets. Alternative scenario: The downside penetration of 85.4 will call for 84 & 83.45. Comment: The RSI has just broken above a declining trend line.