تحلیل جفت ارزها - 04th August

PRE EUROPEAN OPEN, Daily Technical analysis, 04 August 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 expected. Pivot: 1.4250. Most Likely Scenario: LONG positions @ 1.426 with targets @ 1.435 & 1.438. Alternative scenario: The downside penetration of 1.425 will call for 1.42 & 1.415. Comment: The pair stands above its new support (50% Fibonacci retracemnet) and should post a rebound. Trend: ST Ltd Upside; MT Range Next » GBP/USD intraday: the downside prevails. Pivot: 1.6400. Most Likely Scenario: SHORT positions @ 1.639 with targets @ 1.633 & 1.6295. Alternative scenario: The upside penetration of 1.64 will call for 1.644 & 1.6475. Comment: The RSI has broken below a rising trend line, the pair is under pressure. « Previous | Next » USD/JPY intraday: further advance. Pivot: 78.40. Most Likely Scenario: LONG positions @ 78.45 with 79.5 & 79.85 as next targets. Alternative scenario: The downside penetration of 78.4 will call for a slide towards 78 & 77.6. Comment: The pair and its intraday RSI have broken above their declining trend lines. « Previous | Next » AUD/USD intraday: under pressure. Pivot: 1.0725 Most Likely Scenario: Short positions below 1.0725 with targets @ 1.065 & 1.059 in extension. Alternative scenario: Above 1.0725 look for further upside with 1.079 & 1.085 as targets. Comment: The pair is on the downside and is challenging its support. « Previous | Next » GOLD (Spot) intraday: turning down. Pivot: 1673.00 Most Likely Scenario: SHORT positions below 1673 with targets @ 1651 & 1644.5. Alternative scenario: The upside penetration of 1673 will call for a rebound towards 1687 & 1696. Comment: The RSI broke below a bullish trend line. « Previous | Next » Crude Oil (Sep 11) intraday: rebound expected. Pivot: 90.15 Most Likely Scenario: LONG positions above 90.15 with targets @ 92.85 & 93.75. Alternative scenario: The downside penetration of 90.15 will call for 89.15 & 88.6. Comment: A Falling Wedge is shaping and is expected to trigger a recovery. In addition, the 90.15 key support maintains an intraday bullish bias.