EU GU UJ tech analysis

[Rizal]

17/6/09

Last: 1.387
Pivot: 1.38
1st sup. 1.38
2nd sup. 1.375
3rd sup. 1.371
1st res. 1.3925
2nd res. 1.4
3rd res. 1.405

Title: EUR/USD intraday: rebound.
Summary: Update on supports and resistances.
Story: Pivot: 1.3800.
Our Preference: LONG positions @ 1.381 with targets @ 1.3925 & 1.4.

Alternative scenario: The downside breakout of 1.38 will open the way to 1.375 & 1.371.

Comment: the RSI is bullish, the pair has rebounded on its support and remains well directed.

Trend: ST Ltd Upside; MT Range

Key levels Comment

1.405*** Intraday resistance
1.4** Intraday resistance
1.3925*** Intraday resistance
1.387 Last
1.38** Intraday pivot point
1.375*** Intraday support
1.371** Intraday support

 

[Rizal]

17/6/09

Last: 1.6415
Pivot: 1.635
1st sup. 1.635
2nd sup. 1.6275
3rd sup. 1.621
1st res. 1.6475
2nd res. 1.6525
3rd res. 1.66

Title: GBP/USD intraday: bullish bias above 1.635.
Summary: Update on supports and resistances.
Story: Pivot: 1.6350.

Our Preference: LONG positions @ 1.636 with 1.6475 & 1.6525 in sight.

Alternative scenario: The downside breakout of 1.635 will open the way to 1.6275 & 1.621.

Comment: the RSI is supported by a rising trend line, the pair is rebounding on its support and should reach its next resistance.

Trend: ST Ltd Upside; MT Range

Key levels Comment

1.66** Intraday resistance
1.6525** Intraday resistance
1.6475** Intraday resistance
1.6415 Last
1.635** Intraday pivot point
1.6275** Intraday support
1.621** Intraday support

 

[Rizal]

17/6/09

Last: 96.59
Pivot: 97.25
1st sup. 96.05
2nd sup. 95.55
3rd sup. 95.3
1st res. 97.25
2nd res. 97.75
3rd res. 98

Title: USD/JPY intraday: the downside prevails.
Summary: Update on supports and resistances.
Story: Pivot: 97.25.

Our Preference: SHORT positions @ 97.2 with targets @ 96.05 & 95.55.

Alternative scenario: The upside breakout of 97.25 will open the way to 97.75 & 98.

Comment: the RSI is turning down, the pair is challenging its intermediary resistance and should face a weakness.

Trend: ST Ltd Downside; MT Range

Key levels Comment

98** Intraday resistance
97.75** Intraday resistance
97.25** Intraday pivot point
96.59 Last
96.05** Intraday support
95.55** Intraday support
95.3** Intraday support

 

[Rizal]

Gu 24/8/09

Last: 1.641
Pivot: 1.6525
1st sup. 1.6375
2nd sup. 1.6325
3rd sup. 1.627
1st res. 1.6525
2nd res. 1.661
3rd res. 1.667

Title: GBP/USD intraday: key ST resistance at 1.6525.
Summary: Update on supports and resistances.
Story: Pivot: 1.6525

Our preference: Short positions below 1.6525 with targets @ 1.6375 & 1.6325 in extension.

Alternative scenario: Above 1.6525 look for further upside with 1.661 & 1.667 as targets.

Comment: the RSI is capped by a bearish trend line.

 

[Rizal]

24/8/09

Last: 94.54
Pivot: 94.25
1st sup. 94.25
2nd sup. 93.85
3rd sup. 93.65
1st res. 95.25
2nd res. 95.75
3rd res. 96.1

Title: USD/JPY intraday: bullish bias above 94.25.
Summary: Update on supports and resistances.
Story: Pivot: 94.25

Our preference: Long positions above 94.25 with targets @ 95.25 & 95.75 in extension.

Alternative scenario: Below 94.25 look for further downside with 93.85 & 93.65 as targets.

Comment: even though a continuation of the consolidation cannot be ruled out, its extent should be limited.

 

[Rizal]

Last: 1.4295
Pivot: 1.4275
1st sup. 1.4275
2nd sup. 1.4245
3rd sup. 1.4207
1st res. 1.435
2nd res. 1.4375
3rd res. 1.4425

Title: EUR/USD intraday: the upside prevails.
Summary: Update on supports and resistances.
Story: Pivot: 1.4275

Our preference: Long positions above 1.4275 with targets @ 1.435 & 1.4375 in extension.

Alternative scenario: Below 1.4275 look for further downside with 1.4245 & 1.4207 as targets.

Comments: the immediate trend remains up but the momentum is weak.

 

[pokding]

eu membentuk head and shoulder. aku rasa peluang baik untuk sell pada 28 september ni...target dalam 50pips untuk permulaan, kalau cantik tambah sell...

 

[Rizal]

After meeting resistance from former support / the 38.2% of the decline from 15825 / channel resistance, the GBPUSD has rolled over. I favor a drop below 14780 in a 5th wave. Risk can be moved to 15200.

 

[Rizal]

The pair has done very little for nearly five weeks with prices locked in a narrow consolidation range above 1.35. Significant resistance is now in sight, marked by the upper boundary of a steep falling channel set from the swing high in early December (now at 1.3731), with a break higher beyond this boundary would expose the 1.38 figure. We continue to see any move higher as corrective and will remain short, looking for the re-emergence of bearish momentum to take prices below 1.3404. A stop-loss will be activated on a daily close above 1.4251