TradingCentral analyses

EUR/USD    GBP/USD    USD/CHF    USD/JPY    USD/CAD    AUD/USD   

02.07.2014 18:35 GMT+1 - EUR/USD Intraday: under pressure.

Pivot: 1.3675
Our preference: Short positions below 1.3675 with targets @ 1.3635 & 1.362 in extension.
Alternative scenario: Above 1.3675 look for further upside with 1.37 & 1.372 as targets.
Comment: The RSI is bearish and calls for further downside. The pair stands below its resistance and remains under pressure.

    

02.07.2014 18:36 GMT+1 - GBP/USD Intraday: the upside prevails.

Pivot: 1.7115
Our preference: Long positions above 1.7115 with targets @ 1.72 & 1.7235 in extension.
Alternative scenario: Below 1.7115 look for further downside with 1.709 & 1.705 as targets.
Comment: The RSI is above its neutrality area at 50%. The pair stands above its strong support and remains on the upside.

    

02.07.2014 16:16 GMT+1 - USD/CHF Intraday: the downside prevails.

Pivot: 0.8905
Our preference: Short positions below 0.8905 with targets @ 0.886 & 0.884 in extension.
Alternative scenario: Above 0.8905 look for further upside with 0.8925 & 0.894 as targets.
Comment: The pair is posting a rebound but stands below its resistance.

    

02.07.2014 18:35 GMT+1 - USD/JPY Intraday: the upside prevails.

Pivot: 101.5
Our preference: Long positions above 101.5 with targets @ 101.9 & 102 in extension.
Alternative scenario: Below 101.5 look for further downside with 101.35 & 101.2 as targets.
Comment: The RSI is well directed. The pair remains on the upside.

    

02.07.2014 18:34 GMT+1 - USD/CAD Intraday: turning up.

Pivot: 1.0615
Our preference: Long positions above 1.0615 with targets @ 1.0695 & 1.0725 in extension.
Alternative scenario: Below 1.0615 look for further downside with 1.058 & 1.0555 as targets.
Comment: The RSI advocates for further advance.

    

02.07.2014 18:34 GMT+1 - AUD/USD Intraday: under pressure.

Pivot: 0.947
Our preference: Short positions below 0.947 with targets @ 0.941 & 0.9385 in extension.
Alternative scenario: Above 0.947 look for further upside with 0.9505 & 0.953 as targets.
Comment: Technically the RSI is below its neutrality area at 50.