Date: 2010/02/08
Time: 07:16 (GMT +1)
Ticker: EUR
Last: 1.363
Pivot: 1.369
1st sup. 1.3595
2nd sup. 1.353
3rd sup. 1.345
1st res. 1.369
2nd res. 1.374
3rd res. 1.377
Title: EUR/USD intraday: capped by a negative trend line.
Summary: Update on supports and resistances.
Story: Pivot: 1.3690.
Our Preference: SHORT positions @ 1.368 with targets @ 1.3595 & 1.353.
Alternative scenario: The upside penetration of 1.369 will call for a rebound towards 1.374 & 1.377.
Comment: the pair remains within a bearish channel as its RSI is badly directed.
Trend: ST Ltd Downside; MT Range
Key levels Comment
1.377** Intraday resistance
1.374** Intraday resistance
1.369** Intraday pivot point
1.363 Last
1.3595** Intraday support
1.353** Intraday support
1.345** Fib projection
Date: 2010/02/08
Time: 07:19 (GMT +1)
Ticker: JPY
Last: 89.3
Pivot: 89.75
1st sup. 88.85
2nd sup. 88.5
3rd sup. 87.75
1st res. 89.75
2nd res. 90.1
3rd res. 90.55
Title: USD/JPY intraday: under pressure.
Summary: Update on supports and resistances.
Story: Pivot: 89.75.
Our Preference: SHORT positions @ 89.7 with 88.85 & 88.5 in sight.
Alternative scenario: The upside penetration of 89.75 will call for 90.1 & 90.55.
Comment: the RSI is capped by a declining trend line, the pair stands below its resistance.
Trend: ST Ltd Upside; MT Range
Key levels Comment
90.55** Intraday resistance
90.1** Intraday resistance
89.75** Intraday pivot point
89.3 Last
88.85** Intraday support
88.5** Intraday support
87.75** Intraday support
Date: 2010/02/08
Time: 07:18 (GMT +1)
Ticker: GBP
Last: 1.5565
Pivot: 1.565
1st sup. 1.555
2nd sup. 1.545
3rd sup. 1.539
1st res. 1.565
2nd res. 1.57
3rd res. 1.5745
Title: GBP/USD intraday: the downside prevails.
Summary: Update on supports and resistances.
Story: Pivot: 1.5650.
Our Preference: SHORT positions @ 1.564 with targets @ 1.555 & 1.545.
Alternative scenario: The upside penetration of 1.565 will call for 1.57 & 1.5745.
Comment: the pair is capped by a MT declining trend line and should face a further weakness.
Trend: ST Ltd Downside; MT Range
Key levels Comment
1.5745** Intraday resistance
1.57** Intraday resistance
1.565** Intraday pivot point
1.5565 Last
1.555** Intraday support
1.545** Intraday support
1.539** Intraday support
Date: 2010/02/08
Time: 07:21 (GMT +1)
Ticker: CHF
Last: 1.0761
Pivot: 1.071
1st sup. 1.071
2nd sup. 1.065
3rd sup. 1.062
1st res. 1.0805
2nd res. 1.085
3rd res. 1.0925
Title: USD/CHF intraday: supported by a rising trend line.
Summary: Update on supports and resistances.
Story: Pivot: 1.071
Our preference: Long positions above 1.071 with targets @ 1.0805 & 1.085 in extension.
Alternative scenario: Below 1.071 look for further downside with 1.065 & 1.062 as targets.
Comment: the pair should rebound on its MT rising trend line as the RSI is turning up.
Key levels
1.0925
1.085
1.0805
1.0761 last
1.071
1.065
1.062
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