تحلیل جفت ارزها - 17th Oct


PRE US OPEN, DAILY TECHNICAL ANALYSIS, 17 OCTOBER 2011
EUR/USDGBP/USDUSD/JPYAUD/USDGOLDCRUDE 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: SUPPORTED BY A RISING TREND LINE.
Pivot: 1.38

Most Likely Scenario: Long positions above 1.38 with targets @ 1.39 & 1.394 in extension.

Alternative scenario: Below 1.38 look for further downside with 1.375 & 1.3725 as targets.

Comment: the pair has struck against its resistance and is pulling back on its rising trend line.
NEXT »
GBP/USD INTRADAY: TURNING DOWN.
Pivot: 1.5825

Most Likely Scenario: Short positions below 1.5825 with targets @ 1.572 & 1.567 in extension.

Alternative scenario: Above 1.5825 look for further upside with 1.5855 & 1.591 as targets.

Comment: the pair is breaking below its MT rising trend line and should face further weakness.
« PREVIOUS | NEXT »
USD/JPY INTRADAY: THE UPSIDE PREVAILS.
Pivot: 77

Most Likely Scenario: Long positions above 77 with targets @ 77.5 & 77.7 in extension.

Alternative scenario: Below 77 look for further downside with 76.75 & 76.6 as targets.

Comment: the pair has rebounded on its support and is challenging its resistance.
« PREVIOUS | NEXT »
AUD/USD INTRADAY: BULLISH BIAS ABOVE 1.02.
Pivot: 1.02

Most Likely Scenario: Long positions above 1.02 with targets @ 1.039 & 1.053 in extension.

Alternative scenario: Below 1.02 look for further downside with 1.01 & 1.002 as targets.

Comment: the RSI is supported by a rising trend line.
« PREVIOUS | NEXT »
GOLD (SPOT) INTRADAY: FURTHER UPSIDE.
Pivot: 1670.00

Most Likely Scenario: LONG positions above 1670 with 1715 & 1737 as next targets.

Alternative scenario: The downside penetration of 1670 will call for a slide towards 1661 & 1654.

Comment: the price remains in a bullish channel.
« PREVIOUS | NEXT »
CRUDE OIL (DEC 11) INTRADAY: THE BIAS REMAINS BULLISH.
Pivot: 86.40

Most Likely Scenario: LONG positions above 86.4 with 88.85 & 89.85 as next targets.

Alternative scenario: The downside breakout of 86.4 will open the way to 85.5 & 85.

Comment: the break above 86.4 is a positive signal that has opened a path to 88.85.

تحلیل جفت ارزها - 13th Oct


PRE US OPEN, DAILY TECHNICAL ANALYSIS, 13 OCTOBER 2011
EUR/USDGBP/USDUSD/JPYAUD/USDGOLDCRUDE 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: TURNING DOWN.
Pivot: 1.383

Most Likely Scenario: Short positions below 1.383 with targets @ 1.369 & 1.3615 in extension.

Alternative scenario: Above 1.383 look for further upside with 1.3875 & 1.395 as targets.

Comment: The RSI is badly directed, the pair is turning down and is challenging its bullish channel lower boundary.
NEXT »
GBP/USD INTRADAY: UNDER PRESSURE.
Pivot: 1.576

Most Likely Scenario: Short positions below 1.576 with targets @ 1.565 & 1.561 in extension.

Alternative scenario: Above 1.576 look for further upside with 1.58 & 1.5855 as targets.

Comment: The pair is under pressure as the RSI is badly directed.
« PREVIOUS | NEXT »
USD/JPY INTRADAY: UNDER PRESSURE.
Pivot: 77.05

Most Likely Scenario: Short positions below 77.05 with targets @ 76.6 & 76.5 in extension.

Alternative scenario: Above 77.05 look for further upside with 77.2 & 77.4 as targets.

Comment: The pair is under pressure and is approaching its next support.
« PREVIOUS | NEXT »
AUD/USD INTRADAY: LIMITED UPSIDE.
Pivot: 1.01

Most Likely Scenario: Long positions above 1.01 with targets @ 1.023 & 1.0315 in extension.

Alternative scenario: Below 1.01 look for further downside with 1.002 & 0.9975 as targets.

Comment: The pair is challenging its bullish channel resistance.
« PREVIOUS | NEXT »
GOLD (SPOT) INTRADAY: THE BIAS REMAINS BULLISH.
Pivot: 1662.00

Most Likely Scenario: LONG positions above 1662 with 1692 & 1715 in sight.

Alternative scenario: The downside breakout of 1662 will open the way to 1640 & 1630.

Comment: The price remains in a bullish channel.
« PREVIOUS | NEXT »
CRUDE OIL (DEC 11) INTRADAY: FURTHER UPSIDE.
Pivot: 84.00

Most Likely Scenario: LONG positions above 84 with 85.65 & 86.75 as next targets.

Alternative scenario: The downside penetration of 84 will call for 82 & 81.5.

Comment: A support base at 84 has formed and has allowed for a temporary stabilisation.

Daily Forex Brief 12th October


Daily Forex Brief
LondonWednesday 12th October 2011


Don't panic

It seems that Slovakia has chosen to extend its day in the sun, its parliament having rejected the EFSF expansion in yesterday's vote and the coalition government having collapsed in the process. But there's little need to panic, not least because the euro project has a long history of bumps along the road e.g. France and the rejection of the single currency together with Ireland's initial rejection of the Lisbon Treaty. These things have a habit of working themselves out, with Slovakia set to vote again later this week. As we mentioned yesterday, it's more the point that Slovakia can't afford not to accept the EFSF increase, given it remains one of the poorer nations within the EU. In subsequent comments, German Chancellor Merkel remains certain that the EFSF increase will be passed by the October 23rdEU summit. Given the need to put together a credible bank recapitalisation plan, then the eurozone needs the Slovakia issues to be resolved this week, otherwise it will be caught in a sideshow to approve a now outdated proposal.

Also in today's Daily Forex Brief:

  • Slovakia's finance minister issues warning
  • Germany's misguided push on Greek write-downs
  • Chinese inflation may have peaked