تحلیل جفت ارزها - 03rd Aug سری دوم

PRE US OPEN, Daily Technical analysis, 03 August 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: further advance.
Pivot: 1.425

Most Likely Scenario: Long positions above 1.425 with targets @ 1.438 & 1.445 in extension.

Alternative scenario: Below 1.425 look for further downside with 1.42 & 1.415 as targets.

Comment: The pair has broken above its resistance and should post further advance as the RSI is well directed.
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GBP/USD intraday: further advance.
Pivot: 1.633

Most Likely Scenario: Long positions above 1.633 with targets @ 1.643 & 1.6475 in extension.

Alternative scenario: Below 1.633 look for further downside with 1.6295 & 1.625 as targets.

Comment: The pair has broken above its resistance and should post further advance as the RSI is well directed.
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USD/JPY intraday: under pressure.
Pivot: 77.4

Most Likely Scenario: Short positions below 77.4 with targets @ 76.95 & 76.7 in extension.

Alternative scenario: Above 77.4 look for further upside with 77.65 & 78.05 as targets.

Comment: The pair stands below its resistance, the RSI is mixed to bearish.
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AUD/USD intraday: caution.
Pivot: 1.079

Most Likely Scenario: Short positions below 1.079 with targets @ 1.0705 & 1.068 in extension.

Alternative scenario: Above 1.079 look for further upside with 1.0815 & 1.088 as targets.

Comment: The pair is challenging its resistance, the RSI calls for caution.
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GOLD (Spot) intraday: further advance.
Pivot: 1651.00

Most Likely Scenario: LONG positions above 1651 with 1673 & 1687 as next targets.

Alternative scenario: The downside penetration of 1651 will call for 1639 & 1633.5.

Comment: The immediate trend remains up and the momentum is strong.
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Crude Oil (Sep 11) intraday: the downside prevails.
Pivot: 95.45

Most Likely Scenario: SHORT positions below 95.45 with 92.5 & 91.95 as next targets.

Alternative scenario: The upside breakout of 95.45 will open the way to 96.5 & 97.3.

Comment: The break below 95.45 is a negative signal that has opened a path to 92.5.

Daily Forex Brief 03rd August

Daily Forex Brief
London: Wednesday 3rd August 2011


Moving on to the next show in town

The political theatricals in Washington have captivated markets for the past few weeks, but now the show is over, there's a feeling that the crowd is hungry for more. For Tuesday, there was a quick shift back to Europe to see what the supporting cast was up to. The spread of Belgian bonds over Germany's pushed out above 200bp for the first time since the start of monetary union, whilst France was also pushing higher (out to 75bp over Germany). Two of the past four trading sessions we have seen true de-coupling of Germany and France, so German yields moving lower as French yields move higher. The price action on the Swiss franc is also indicative of investors becoming more concerned with sovereign balance sheets, with yesterday's down-move on EUR/CHF the biggest one seen since the start of EMU back in 1999. The other thing we are seeing is banks hoarding cash, especially in the eurozone money market. All this is telling us that, despite the deals cobbled together on both sides of the Atlantic, the show is far from over.

Also in today's Daily Forex Brief:

  • Moody's relatively relaxed on US ratings outlook
  • Global growth concerns dominating Tuesday
  • Why the Swissie stands out
  • Funding markets becoming more tense

تحلیل جفت ارزها - 1st Aug سری دوم

PRE US OPEN, DAILY TECHNICAL ANALYSIS, 01 AUGUST 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: THE UPSIDE PREVAILS.
Pivot: 1.435

Most Likely Scenario: Long positions above 1.435 with targets @ 1.4465 & 1.454 in extension.

Alternative scenario: Below 1.435 look for further downside with 1.4275 & 1.4225 as targets.

Comment: The RSI is supported by a rising trend line, the pair is on the upside and is breaking above its resistance.
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GBP/USD INTRADAY: THE UPSIDE PREVAILS.
Pivot: 1.6375

Most Likely Scenario: Long positions above 1.6375 with targets @ 1.6475 & 1.6510 in extension.

Alternative scenario: Below 1.6375 look for further downside with 1.632 & 1.626 as targets.

Comment: The pair is rebounding on its support as the RSI is turning up.
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USD/JPY INTRADAY: UNDER PRESSURE.
Pivot: 77.75

Most Likely Scenario: Short positions below 77.75 with targets @ 77.25 & 77 in extension.

Alternative scenario: Above 77.75 look for further upside with 78 & 78.3 as targets.

Comment: The pair is under pressure and should face further weakness.
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AUD/USD INTRADAY: BULLISH BIAS ABOVE 1.093.
Pivot: 1.093

Most Likely Scenario: Long positions above 1.093 with targets @ 1.1075 & 1.115 in extension.

Alternative scenario: Below 1.093 look for further downside with 1.088 & 1.079 as targets.

Comment: The RSI broke above a declining trend line.
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GOLD (SPOT) INTRADAY: THE DOWNSIDE PREVAILS.
Pivot: 1620.00

Most Likely Scenario: SHORT positions below 1620 with targets @ 1607 & 1600.

Alternative scenario: The upside penetration of 1620 will call for a rebound towards 1627 & 1632.

Comment: The break below 1620 is a negative signal that has opened a path to 1607.
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CRUDE OIL (SEP 11) INTRADAY: REBOUND IN SIGHT.
Pivot: 96.00

Most Likely Scenario: LONG positions above 96 with targets @ 98 & 99.

Alternative scenario: The downside breakout of 96 will open the way to 95 & 94.

Comment: The RSI broke above a bearish trend line.