By TRADING Central
The Dow Jones Newswires Technical Analysis Partner
London (TRADING Central)--Rolling 24-hour chart levels:
Forex spot: EUR/USD USD/JPY GBP/USD USD/CHF
Spot 0637 GMT 1.4890 89.19 1.6811 1.0154
3 Day Trend Bullish Bearish Bullish Bearish
Weekly Trend Bullish Bearish Bullish Bearish
200 day ma 1.4494 92.35 1.6393 1.0470
3rd Resistance 1.5000 90.00 1.6955 1.0250
2nd Resistance 1.4955 89.65 1.6900 1.0210
1st Resistance 1.4925 89.40 1.6850 1.0190
Pivot* 1.4881 89.22 1.6809 1.0158
1st Support 1.4850 88.95 1.6750 1.0130
2nd Support 1.4810 88.75 1.6670 1.0110
3rd Support 1.4740 88.60 1.6625 1.0085
Intraday EUR/USD: the RSI lacks upward momentum, the pair remains below its new resistance. Suggest shortpositions below 1.4925 with targets at 1.485 and 1.481. The upside breakout of 1.4925 will open the way to 1.4955 and 1.5.
Weekly chart EUR/USD trend: Bullish
Intraday USD/JPY: the RSI is turning up; the pair should rebound on its support. Suggest long positions above 88.95 with 89.4 and 89.65 in sight. The downside penetration of 88.95 will call for a slide towards 88.75 and 88.6.
Weekly chart USD/JPY trend: Bearish
Intraday GBP/USD: the pair is rebounding but remains below its resistance (previous high) but the RSI is mixed and calls for caution. Suggest short positions below 1.685 with 1.675 and 1.667 as next targets. The upside breakout of 1.685 will open the way to 1.69 and 1.6955.
Weekly chart GBP/USD trend: Bullish
Intraday USD/CHF: the pair remains above its support and should post a rebound. Suggest long positions above 1.013 with targets at 1.019 and 1.021 in extension. Below 1.013 look for further downside with 1.011 and 1.0085 as targets.
Weekly chart USD/CHF trend: Bearish
Forex spot: EUR/GBP EUR/JPY EUR/CHF AUD/USD
Spot 0637 GMT 0.8858 132.80 1.5117 0.9292
3 Day Trend Bearish Bullish Bullish Range
Weekly Trend Bearish Bullish Bullish Range
200 day ma 0.8844 133.80 1.5167 0.8616
3rd Resistance 0.8940 133.60 1.5165 0.9405
2nd Resistance 0.8910 133.25 1.5150 0.9370
1st Resistance 0.8880 133.00 1.5130 0.9325
Pivot* 0.8853 132.80 1.5115 0.9292
1st Support 0.8831 132.20 1.5095 0.9250
2nd Support 0.8810 131.75 1.5085 0.9213
3rd Support 0.8790 131.25 1.5070 0.9175
Intraday EUR/GBP: the pair is posting a rebound but it should be limited by its next resistance as the RSI lacks upward momentum. Suggest short positions below 0.888 with targets at 0.8831 and 0.881 in extension. Above 0.888 look for further upside with 0.891 and 0.894 as targets.
Weekly chart EUR/GBP trend: Bearish
Intraday EUR/JPY: The pair remains capped by its new resistance, the RSI lacks upward momentum. Suggest short at 132.93 with targets at 132.2 and 131.75 in extension. Above 133 look for further upside with 133.25 and 133.6 as targets.
Weekly chart EUR/JPY trend: Bullish
Intraday EUR/CHF: the RSI is supported by a rising trend line, the pair is on the upside and is challenging its resistance. Suggest long at 1.51 with targets at 1.513 and 1.515 in extension. Below 1.5095 look for further downside with 1.5085 and 1.507 as targets.
Weekly chart EUR/CHF trend: Bullish
Intraday AUD/USD: the pair remains capped by its next resistance, the RSI is turning down. Suggest shortpositions below 0.9325 with targets at 0.925 and 0.9213 in extension. Above 0.9325 look for further upside with 0.937 and 0.9405 as targets.
Weekly chart AUD/USD trend: Range
* The pivot is the sum of the high, low and close divided by 3.
To watch a series of shortvideos explaining the basics of technical analysis, click on this link: http://link.brightcove.com/services/player/bcpid44283734001
For more technical analysis see: Dow Jones Newswires, N/DJTA; Bloomberg, NI DJTA; and Reuters key word search "INSI-DJN"
TRADING Central (www.tradingcentral.com) is a commentary service specializing in technical analysis.
For more information about TRADING Central please call by phone: London office (+44) 207 847 4042, Paris office (+33) 1 5528 8040 or email: sales@tradingcentral.com
Opinions expressed are those of TRADING Central, and not of Dow Jones Newswires.
(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 characterized 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.)
Click here to go to Dow Jones NewsPlus, a web front page of today's most important business and market news, analysis and commentary: http://www.djnewsplus.com/access/al?rnd=tsiDPKEf2Ufwpu5oSiUf%2Fg%3D%3D. You can use this link on the day this article is published and the following day.
(END) Dow Jones Newswires
November 18, 2009 02:56 ET (07:56 GMT)
Подписаться на:
Комментарии к сообщению (Atom)
Комментариев нет:
Отправить комментарий