|
| EUR/USD intraday: key resistance at 1.2315. |
Pivot: 1.2315
Our preference: Short positions below 1.2315 with targets @ 1.225 & 1.222 in extension.
Alternative scenario: Above 1.2315 look for further upside with 1.235 & 1.2385 as targets.
Comment: the pair is posting a rebound but stands below its resistance
|
|
Next  |
|
|
|
| GBP/USD intraday: under pressure. |
Pivot: 1.5725
Our preference: Short positions below 1.5725 with targets @ 1.5655 & 1.5625 in extension.
Alternative scenario: Above 1.5725 look for further upside with 1.574 & 1.5765 as targets.
Comment: the pair has rebounded on its rising trend line but stands below its new resistance.
|
|
 Previous | Next |
|
|
|
| USD/CHF intraday: bullish bias above 0.974. |
Pivot: 0.974
Our preference: Long positions above 0.974 with targets @ 0.98 & 0.9825 in extension.
Alternative scenario: Below 0.974 look for further downside with 0.9715 & 0.969 as targets.
Comment: the next resistances are at 0.98 and then at 0.9825.
|
|
| Previous | Next |
|
|
|
| USD/JPY intraday: further upside. |
Pivot: 78.85
Our preference: Long positions above 78.85 with targets @ 79.4 & 79.5 in extension.
Alternative scenario: Below 78.85 look for further downside with 78.65 & 78.45 as targets.
Comment: the RSI is bullish and calls for further upside.
|
|
| Previous | Next |
|
|
|
| AUD/USD intraday: capped by a negative trend line. |
Pivot: 1.051
Our preference: Short positions below 1.051 with targets @ 1.045 & 1.0415 in extension.
Alternative scenario: Above 1.051 look for further upside with 1.054 & 1.057 as targets.
Comment: as long as 1.051 is resistance, likely decline to 1.045.
|
|
| Previous | Next |
|
|
|
| GOLD (Spot) intraday: rebound expected. |
Pivot: 1597.00
Our Preference: LONG positions above 1597 with 1608 & 1618 in sight.
Alternative scenario: The downside penetration of 1597 will call for 1590 & 1584.
Comment: the 50 period moving average is turning up.
|
|
| Previous | Next |
|
|
|
| SILVER (Spot) intraday: rebound expected. |
Pivot: 27.65
Our Preference: LONG positions @ 27.75 with targets @ 28.05 & 28.25.
Alternative scenario: The downside penetration of 27.65 will call for 27.48 & 27.3.
Comment: the upward breakout of the channel calls for further recovery. Furthermore, a bullisg flag is taking place.
|
|
| Previous | Next |
|
|
|
| Crude Oil (Sep 12) intraday: bullish bias above 93.9 |
Pivot: 93.90
Our Preference: LONG positions above 93.9 with targets @ 94.9 & 95.3.
Alternative scenario: The downside penetration of 93.9 will call for a slide towards 93.5 & 92.65.
Comment: the RSI is supported by a bullish trend line.
|
|
| Previous |
|
|
|
Copyright 2012 - TRADING CENTRAL
The information contained in this publication is not intended as an offer or solicitation for the purchase or sale of any financial instrument. Any opinion offered herein reflects TRADING Central current judgment and may change without notice. Users acknowledge and agree to the fact that, by its very nature, any investment in shares, stock options and similar and assimilated products is characterised by a certain degree of uncertainty and that, consequently, any investment of this nature involves risks for which the user is solely responsible and liable.
This message is intended for recipient only and not for further distribution without the consent of TRADING Central. Although TRADING Central attempts to sweep e-mail and attachments for viruses, it does not guarantee that either are virus-free and accepts no liability for any damage sustained as a result of viruses.
Access to Trading Central is provided for educational and informational purposes only. Gain Capital is not affiliated with, sponsors, is sponsored by, endorses, or is endorsed by Trading Central, and Trading Central, its products and services, are not registered or regulated as a broker-dealer and accordingly are not subject to certain restrictions or review of their activities. No information accessed through Trading Central or any link contained therein has been approved or endorsed by Gain Capital and does not constitute a recommendation by Gain Capital to buy or sell a particular investment. Gain Capital is not responsible for any Trading Central content or any link contained therein. You are solely responsible for your investment decisions, and you should carefully evaluate Trading Central to determine whether they are right for you. Not all Trading Central products or services are appropriate for all investors. Gain Capital makes no investment recommendations and does not provide financial, tax or legal advice. Please consult your tax consultant prior to making any investment that may impact your tax situation. |
Posts
