Thread: Update Daily Technical Levels from FXCC

Daily Technical Levels from FXCC – 10 Aug 2011

EUR/USD

Intraday Technical Levels:


Pivot: 1.4275.
Preference: LONG positions @ 1.4285 with targets @ 1.44 & 1.4455.
Alternative Scenario: The downside penetration of 1.4275 will call for 1.4225 & 1.418.
Comment: the pair remains on the upside and is challenging its resistance.

USD/JPY

Intraday Technical Levels:


Pivot: 77.35.
Preference: SHORT positions @ 77.3 with targets @ 76.7 & 76.3.
Alternative Scenario: The upside breakout of 77.35 will open the way to 77.65 & 77.95.
Comment: the pair is capped by a MT declining trend line and remains under pressure.

GBP/USD

Intraday Technical Levels:


Pivot: 1.6225.
Preference: LONG positions @ 1.6235 with targets @ 1.6325 & 1.6375.
Alternative Scenario: The downside penetration of 1.6225 will call for a slide towards 1.6175 & 1.612.
Comment: the pair is pulling back on its support ahead of a rebound.

Daily Technical Levels from fxcc.com
Source: FX Central Clearing

Update Daily Technical Levels from FXCC 10 Aug 2011

EUR/USD

Intraday Technical Levels:

Pivot: 1.431
Preference: Long positions above 1.431 with targets @ 1.44 & 1.4455 in extension.
Alternative Scenario: Below 1.431 look for further downside with 1.4275 & 1.4225 as targets.
Comment: the pair is pulling back on its new support ahead of a rebound.

USD/JPY

Intraday Technical Levels:

Pivot: 77.05
Preference: Short positions below 77.05 with targets @ 76.3 & 76 in extension.
Alternative Scenario: Above 77.05 look for further upside with 77.35 & 77.65 as targets.
Comment: the pair has struck against its MT declining trend line and remains under pressure.

GBP/USD

Intraday Technical Levels:

Pivot: 1.6225
Preference: Long positions above 1.6225 with targets @ 1.63 & 1.6375 in extension.
Alternative Scenario: Below 1.6225 look for further downside with 1.6175 & 1.6120 as targets.
Comment: the pair is pulling back on its support, the RSI calls for caution.

Daily Technical Levels from fxcc.com
Source: FX Central Clearing

Daily Technical Levels from FXCC 11 Aug 2011

EUR/USD
Intraday Technical Levels:

Pivot: 1.4125.
Preference: LONG positions @ 1.4135 with targets@ 1.4275 & 1.431.
Alternative Scenario: The downside breakout of 1.4125 will open the way to 1.4085 & 1.4055.
Comment: the pair has rebounded on its support and should post further advance as the RSI is well directed.

USD/JPY
Intraday Technical Levels:

Pivot: 77.20.
Preference: SHORT positions @ 77.15 with targets @ 76.3 & 76.
Alternative Scenario: The upside penetration of 77.2 will call for 77.75 & 78.3.
Comment: the pair has struck against its resistance and remains under pressure.

GBP/USD
Intraday Technical Levels:

Pivot: 1.6250.
Preference: SHORT positions @ 1.624 with targets @ 1.611 & 1.6085.
Alternative Scenario: The upside penetration of 1.625 will call for 1.63 & 1.6375.
Comment: the pair is rebounding but remains within a bearish channel, the RSI is capped by a declining trend line.

Daily Technical Levels from fxcc.com
Source: FX Central Clearing

Update Daily Technical Levels from FXCC 11 Aug 2011

EUR/USD
Intraday Technical Levels:

Pivot: 1.4125
Preference: Long positions above 1.4125 with targets @ 1.4225 & 1.4275 in extension.
Alternative Scenario: Below 1.4125 look for further downside with 1.4085 & 1.4055 as targets.
Comment: the pair is pulling back on its support, the RSI calls for caution.

USD/JPY
Intraday Technical Levels:

Pivot: 76.95
Preference: Short positions below 76.95 with targets @ 76.3 & 76 in extension.
Alternative Scenario: Above 76.95 look for further upside with 77.2 & 77.75 as targets.
Comment: the pair remains under pressure and is challenging its support.

GBP/USD
Intraday Technical Levels:

Pivot: 1.6215
Preference: Short positions below 1.6215 with targets @ 1.611 & 1.6085 in extension.
Alternative Scenario: Above 1.6215 look for further upside with 1.625 & 1.63 as targets.
Comment: the pair has struck against its bearish channel upper boundary and remains under pressure as the RSI is capped by a MT declining trend line.

Daily Technical Levels from fxcc.com
Source: FX Central Clearing

Daily Technical Levels from FXCC 12 Aug 2011

EUR/USD
Intraday Technical Levels:

Pivot: 1.4125.
Preference: LONG positions @ 1.4135 with 1.431 & 1.4375 as next targets.
Alternative Scenario: The downside penetration of 1.4125 will call for 1.4085 & 1.4055.
Comment: the pair is pulling back on its support ahead of a rebound, the RSI is mixed to bullish.

USD/JPY
Intraday Technical Levels:

Pivot: 77.20.
Preference: SHORT positions @ 77.15 with 76.3 & 76 as next targets.
Alternative Scenario: The upside penetration of 77.2 will call for a rebound towards 77.75 & 78.4.
Comment: the pair stands below its resistance and remains under pressure.

GBP/USD
Intraday Technical Levels:

Pivot: 1.6175.
Preference: LONG positions @ 1.6185 with 1.625 & 1.63 as next targets.
Alternative Scenario: The downside penetration of 1.6175 will call for a slide towards 1.611 & 1.605.
Comment: the RSI is supported by a rising trend line, the pair should post a rebound on its support.

Daily Technical Levels from fxcc.com
Source: FX Central Clearing

Daily Technical Levels from FXCC 16 Aug 2011

EUR/USD
Intraday Technical Levels:

Pivot: 1.4375.
Preference: LONG positions @ 1.4385 with targets @ 1.4475 & 1.454.
Alternative Scenario: The downside penetration of 1.4375 will call for 1.4325 & 1.4275.
Comment: the pair is pulling back on its new support ahead of a rebound, the RSI is supported by a rising
trend line.

USD/JPY
Intraday Technical Levels:

Pivot: 77.20.
Preference: SHORT positions @ 77.15 with 76.5 & 76.3 as next targets.
Alternative Scenario: The upside penetration of 77.2 will call for a rebound towards 77.5 & 77.75.
Comment: the pair stands below its resistance and remains under pressure.

GBP/USD
Intraday Technical Levels:

Pivot: 1.6325.
Preference: LONG positions @ 1.6335 with 1.641 & 1.645 as next targets.
Alternative Scenario: The downside breakout of 1.6325 will open the way to 1.6265 & 1.6235.
Comment: the RSI is supported by a rising trend line, the pair should post a rebound on its new support.

Daily Technical Levels from fxcc.com
Source: FX Central Clearing

Update Daily Technical Levels from FXCC 16 Aug 2011

EUR/USD
Intraday Technical Levels:

Pivot: 1.442
Preference: Short positions below 1.442 with targets @ 1.4325 & 1.4275 in extension.
Alternative Scenario: Above 1.442 look for further upside with 1.4475 & 1.454 as targets.
Comment: the RSI is badly directed, the pair is under pressure and should face further weakness.

USD/JPY
Intraday Technical Levels:

Pivot: 77.2
Preference: Short positions below 77.2 with targets @ 76.5 & 76.3 in extension.
Alternative Scenario: Above 77.2 look for further upside with 77.5 & 77.75 as targets.
Comment: the pair stands below its resistance and remains under pressure.

GBP/USD
Intraday Technical Levels:

Pivot: 1.6325
Preference: Long positions above 1.6325 with targets @ 1.641 & 1.645 in extension.
Alternative Scenario: Below 1.6325 look for further downside with 1.63 & 1.6265 as targets.
Comment: the pair has rebounded on its support and should post further advance.

Daily Technical Levels from fxcc.com
Source: FX Central Clearing

Daily Technical Levels from FXCC 17 Aug 2011

EUR/USD
Intraday Technical Levels:

Pivot: 1.4350.
Preference: LONG positions @ 1.436 with targets @ 1.445 & 1.448.
Alternative Scenario: The downside penetration of 1.435 will call for a slide towards 1.431 & 1.4275.
Comment: the pair has rebounded on its support and should post further advance as the RSI is well directed.

USD/JPY
Intraday Technical Levels:

Pivot: 77.00.
Preference: SHORT positions @ 76.95 with 76.5 & 76.3 as next targets.
Alternative Scenario: The upside penetration of 77 will call for a rebound towards 77.2 & 77.5.
Comment: the pair stands below its resistance and remains under pressure.

GBP/USD
Intraday Technical Levels:

Pivot: 1.6395.
Preference: LONG positions @ 1.64 with 1.648 & 1.654 in sight.
Alternative Scenario: The downside breakout of 1.6395 will open the way to 1.636 & 1.6325.
Comment: the pair stands above its support and remains on the upside.


Daily Technical Levels from fxcc.com
Source: FX Central Clearing

Update Daily Technical Levels from FXCC 17 Aug 11

EUR/USD
Intraday Technical Levels:

Pivot: 1.4400
Preference: Long positions above 1.44 with targets @ 1.45 & 1.455 in extension.
Alternative Scenario: Below 1.44 look for further downside with 1.435 & 1.431 as targets.
Comment: the RSI is well directed, the pair is on the upside and is challenging its resistance.

USD/JPY
Intraday Technical Levels:

Pivot: 77.00
Preference: Short positions below 77 with targets @ 76.3 & 76 in extension.
Alternative Scenario: Above 77 look for further upside with 77.2 & 77.5 as targets.
Comment: the pair remains under pressure and is approaching its next support.

GBP/USD
Intraday Technical Levels:

Pivot: 1.6400
Preference: Long positions above 1.64 with targets @ 1.654 & 1.6575 in extension.
Alternative Scenario: Below 1.64 look for further downside with 1.636 & 1.6325 as targets.
Comment: the pair has rebounded on its MT rising trend line and is challenging its resistance

Daily Technical Levels from fxcc.com
Source: FX Central Clearing

Daily Technical Levels from FXCC 18 Aug 2011


EUR/USD
Intraday Technical Levels:

Pivot: 1.4350.
Preference: LONG positions @ 1.436 with 1.445 & 1.4475 in sight.
Alternative Scenario: The downside breakout of 1.435 will open the way to 1.431 & 1.4275.
Comment: the pair is pulling back on its support ahead of a rebound.

USD/JPY
Intraday Technical Levels:

Pivot: 77.00.
Preference: SHORT positions @ 76.95 with 76.3 & 76 as next targets.
Alternative Scenario: The upside breakout of 77 will open the way to 77.2 & 77.5.
Comment: the pair stands below its resistance and remains under pressure.

GBP/USD
Intraday Technical Levels:

Pivot: 1.6475.
Preference: LONG positions @ 1.6485 with targets @ 1.655 & 1.659.
Alternative Scenario: The downside breakout of 1.6475 will open the way to 1.64 & 1.636.
Comment: the pair is pulling back on its MT rising trend line ahead of further advance.


Daily Technical Levels from fxcc.com
Source: FX Central Clearing http://www.fxcc.com