تحلیل جفت ارزها - 27th Sep
PRE US OPEN, DAILY TECHNICAL ANALYSIS, 27 SEPTEMBER 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: KEY RESISTANCE AT 1.356. Pivot: 1.356
Most Likely Scenario: Short positions below 1.356 with targets @ 1.3475 & 1.3415 in extension.
Alternative scenario: Above 1.356 look for further upside with 1.363 & 1.3695 as targets.
Comment: the pair stands below its strong resistance and remains under pressure.
NEXT » GBP/USD INTRADAY: BULLISH BIAS ABOVE 1.55. Pivot: 1.55
Most Likely Scenario: Long positions above 1.55 with targets @ 1.56 & 1.563 in extension.
Alternative scenario: Below 1.55 look for further downside with 1.5420 & 1.5370 as targets.
Comment: the pair has struck against its resistance and is pulling back on its bullish channel lower boundary.
« PREVIOUS | NEXT » USD/JPY INTRADAY: CONSOLIDATION. Pivot: 76.6
Most Likely Scenario: Short positions below 76.6 with targets @ 76.25 & 76.1 in extension.
Alternative scenario: Above 76.6 look for further upside with 76.9 & 77.1 as targets.
Comment: the pair is posting a rebound but stands below its resistance.
« PREVIOUS | NEXT » AUD/USD INTRADAY: CONTINUATION OF THE REBOUND. Pivot: 0.9785
Most Likely Scenario: Long positions above 0.9785 with targets @ 0.991 & 1 in extension.
Alternative scenario: Below 0.9785 look for further downside with 0.969 & 0.962 as targets.
Comment: the RSI is mixed with a bullish bias.
« PREVIOUS | NEXT » GOLD (SPOT) INTRADAY: FURTHER ADVANCE. Pivot: 1628.00
Most Likely Scenario: LONG positions above 1628 with 1690 & 1719 as next targets.
Alternative scenario: The downside penetration of 1628 will call for 1585 & 1530.
the immediate trend remains up and the momentum is strong.
« PREVIOUS | NEXT » CRUDE OIL (NOV 11) INTRADAY: FURTHER UPSIDE. Pivot: 80.30
Most Likely Scenario: LONG positions above 80.3 with 83 & 84 in sight.
Alternative scenario: The downside penetration of 80.3 will call for 79.2 & 77.5.
Comment: the RSI lacks momentum.
تحلیل جفت ارزها - 26th Sep سری دوم
PRE US OPEN, DAILY TECHNICAL ANALYSIS, 26 SEPTEMBER 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: CAUTION. Pivot: 1.3485
Most Likely Scenario: Short positions below 1.3485 with targets @ 1.336 & 1.332 in extension.
Alternative scenario: Above 1.3485 look for further upside with 1.3575 & 1.363 as targets.
Comment: The pair is posting a rebound but stands below its resistance, the RSI lacks upward momentum.
NEXT » GBP/USD INTRADAY: REBOUND. Pivot: 1.542
Most Likely Scenario: Long positions above 1.542 with targets @ 1.5525 & 1.5575 in extension.
Alternative scenario: Below 1.542 look for further downside with 1.537 & 1.5325 as targets.
Comment: The pair is on the upside and is breaking above its resistance as the RSI has broken above its declining trend line.
« PREVIOUS | NEXT » USD/JPY INTRADAY: CONSOLIDATION. Pivot: 76.6
Most Likely Scenario: Short positions below 76.6 with targets @ 76.1 & 75.95 in extension.
Alternative scenario: Above 76.6 look for further upside with 76.9 & 77.1 as targets.
Comment: The pair is posting a rebound but stands below its resistance, the RSI is mixed to bearish.
« PREVIOUS | NEXT » AUD/USD INTRADAY: UNDER PRESSURE. Pivot: 0.986
Most Likely Scenario: Short positions below 0.986 with targets @ 0.962 & 0.9545 in extension.
Alternative scenario: Above 0.986 look for further upside with 0.998 & 1.015 as targets.
Comment: The upward potential is likely to be limited by the resistance at 0.986.
« PREVIOUS | NEXT » GOLD (SPOT) INTRADAY: THE DOWNSIDE PREVAILS. Pivot: 1632.00
Most Likely Scenario: SHORT positions below 1632 with targets @ 1592 & 1565.
Alternative scenario: The upside penetration of 1632 will call for a rebound towards 1665 & 1690.
Comment: The index currently faces a challenging resistance area at 1632.
« PREVIOUS | NEXT » CRUDE OIL (NOV 11) INTRADAY: THE DOWNSIDE PREVAILS. Pivot: 80.00
Most Likely Scenario: SHORT positions below 80 with targets @ 77.5 & 76.6.
Alternative scenario: The upside breakout of 80 will open the way to 80.84 & 81.7.
Comment: The index currently faces a challenging resistance area at 80.
Daily Forex Brief 26th September
Daily Forex Brief |
All the indications are that European leaders are moving towards what markets have viewed as inevitable for months, namely a write-down on Greek government debt. This is the chatter emerging from the IMF meeting in Washington. Reports suggest that even the Greek finance minister sees a 50% write-down as the best of the available options. There is also talk of a further enhancement of the European Financial Stability Fund (EFSF), boosting it from the proposed EUR 440bln to around EUR 2trln, either via loans from the ECB, guarantees or a combination thereof. On one level, these developments are positive. However, once again the measures are merely catching up with what has been market thinking for the past several months (Greek default, greater EFSF firepower) and what's not changed, are the crippled institutional and leadership arrangements of the eurozone. This has been one of the main barriers to resolving the eurozone crisis and may yet cripple these new initiatives. Perhaps wisely, the euro is not jumping for joy in early trading today. |