USD/CAD ST: Bullish Bias Above 1.28. ( 02/11/2015 00:56 )

USD/CAD ST: Bullish Bias Above 1.28.

Long Positions Above 1.28 With Targets @ 1.345 & 1.4 In Extension. ( 02/11/2015 00:56 )

Pivot: 1.28

Our preference: Long positions above 1.28 with targets @ 1.345 & 1.4 in extension.

Alternative scenario: Below 1.28 look for further downside with 1.256 & 1.24 as targets.

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

Supports and resistances:

1.432 ***

1.4 *

1.345 **

1.3073 Last

1.28 ***

1.256 **

1.24 **

Read more ...

EUR/JPY Intraday: The Bias Remains Bullish.( 02/11/2015 00:26 )

EUR/JPY Intraday: The Bias Remains Bullish.

Long Positions Above 132.15 With Targets @ 133.55 & 133.9 In Extension. ( 02/11/2015 00:26 )

Pivot: 132.15

Our preference: Long positions above 132.15 with targets @ 133.55 & 133.9 in extension.

Alternative scenario: Below 132.15 look for further downside with 131.6 & 131.1 as targets.

Comment: The RSI calls for a new upleg.

Supports and resistances:

134.3 **

133.9 ***

133.55 ***

132.94 Last

132.15 ***

131.6 ***

131.1 **

Read more ...

USD/JPY Intraday: Under Pressure. ( 02/11/2015 00:14 )

USD/JPY Intraday: Under Pressure.

Short Positions Below 120.8 With Targets @ 120.15 & 119.95 In Extension. ( 02/11/2015 00:14 )

Pivot: 120.8

Our preference: Short positions below 120.8 with targets @ 120.15 & 119.95 in extension.

Alternative scenario: Above 120.8 look for further upside with 121.2 & 121.5 as targets.

Comment: The RSI is capped by a declining trend line.

Supports and resistances:

121.5 ***

121.2 ***

120.8 ***

120.47 Last

120.15 ***

119.95 **

119.6 ***

Read more ...

EUR/USD Intraday: The Upside Prevails.( 02/11/2015 00:09 )

EUR/USD Intraday: The Upside Prevails.

Long Positions Above 1.0965 With Targets @ 1.107 & 1.11 In Extension. ( 02/11/2015 00:09 )

Pivot: 1.0965

Our preference: Long positions above 1.0965 with targets @ 1.107 & 1.11 in extension.

Alternative scenario: Below 1.0965 look for further downside with 1.0935 & 1.0895 as targets.

Comment: The RSI calls for a new upleg.

Supports and resistances:

1.114 ***

1.11 ***

1.107 **

1.1034 Last

1.0965 ***

1.0935 **

1.0895 ***

Read more ...

Gold Spot Intraday: Under Pressure.( 30/10/2015 03:22 )

Gold Spot Intraday: Under Pressure.

Short Positions Below 1157 With Targets @ 1138 & 1131 In Extension. ( 30/10/2015 03:22 )

Pivot: 1157

Our preference: Short positions below 1157 with targets @ 1138 & 1131 in extension.

Alternative scenario: Above 1157 look for further upside with 1162.5 & 1168.5 as targets.

Comment: As long as 1157 is resistance, likely decline to 1138.

Supports and resistances:

1168.5

1162.5

1157

1146.88 Last

1138

1131

1123

Read more ...

USD/JPY Intraday: The Upside Prevails.( 30/10/2015 03:31 )

USD/JPY Intraday: The Upside Prevails.

Long Positions Above 120.55 With Targets @ 121.25 & 121.5 In Extension. ( 30/10/2015 03:31 )

Pivot: 120.55

Our preference: Long positions above 120.55 with targets @ 121.25 & 121.5 in extension.

Alternative scenario: Below 120.55 look for further downside with 120.15 & 119.95 as targets.

Comment: The RSI lacks downward momentum.

Supports and resistances:

121.75 **

121.5 ***

121.25 ***

120.9250 Last

120.55 ***

120.15 ***

119.95 **

Read more ...

EUR/JPY Intraday: Rebound. ( 30/10/2015 03:37 )

EUR/JPY Intraday: Rebound.

Long Positions Above 132.2 With Targets @ 133.1 & 133.5 In Extension. ( 30/10/2015 03:37 )

Pivot: 132.2

Our preference: Long positions above 132.2 with targets @ 133.1 & 133.5 in extension.

Alternative scenario: Below 132.2 look for further downside with 131.85 & 131.6 as targets.

Comment: The RSI is mixed to bullish.

Supports and resistances:

133.9 ***

133.5 **

133.1 ***

132.7768 Last

132.2 ***

131.85 ***

131.6 **

Read more ...

EUR/USD Intraday: The Downside Prevails. ( 30/10/2015 04:34 )

EUR/USD Intraday: The Downside Prevails.

Short Positions Below 1.1 With Targets @ 1.0895 & 1.084 In Extension. ( 30/10/2015 04:34 )

Pivot: 1.1

Our preference: Short positions below 1.1 with targets @ 1.0895 & 1.084 in extension.

Alternative scenario: Above 1.1 look for further upside with 1.105 & 1.11 as targets.

Comment: The index currently faces a challenging resistance area at 1.1.

Supports and resistances:

1.11 **

1.105 **

1.1 ***

1.0981 Last

1.0895 ***

1.084 **

1.081 ***

Read more ...

Gold Spot Intraday: The Downside Prevails. ( 20/10/2015 02:14 )

Gold Spot Intraday: The Downside Prevails.

Short Positions Below 1180 With Targets @ 1163 & 1158 In Extension. ( 20/10/2015 02:14 )

Pivot: 1180

Our preference: Short positions below 1180 with targets @ 1163 & 1158 in extension.

Alternative scenario: Above 1180 look for further upside with 1184.5 & 1190 as targets.

Comment: As long as 1180 is resistance, likely decline to 1163.

Supports and resistances:

1190

1184.5

1180

1170 Last

1163

1158

1151.5

Read more ...

EUR/USD Intraday: The Downside Prevails. ( 20/10/2015 03:25 )

EUR/USD Intraday: The Downside Prevails.

Short Positions Below 1.1395 With Targets @ 1.1305 & 1.1265 In Extension. ( 20/10/2015 03:25 )

Pivot: 1.1395

Our preference: Short positions below 1.1395 with targets @ 1.1305 & 1.1265 in extension.

Alternative scenario: Above 1.1395 look for further upside with 1.145 & 1.1495 as targets.

Comment: A break below 1.1305 would trigger a drop towards 1.1265.

Supports and resistances:

1.1495 ***

1.145 ***

1.1395 ***

1.1333 Last

1.1305 ***

1.1265 **

1.123 **

Read more ...

EUR/USD Intraday: The Upside Prevails. ( 13/10/2015 01:06 )

EUR/USD Intraday: The Upside Prevails.

Long Positions Above 1.133 With Targets @ 1.14 & 1.144 In Extension. ( 13/10/2015 01:06 )

Pivot: 1.133

Our preference: Long positions above 1.133 with targets @ 1.14 & 1.144 in extension.

Alternative scenario: Below 1.133 look for further downside with 1.1295 & 1.126 as targets.

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

Supports and resistances:

1.146 ***

1.144 **

1.14 **

1.1357 Last

1.133 ***

1.1295 ***

1.126 ***

Read more ...

Gold Spot Intraday: Bullish Bias Above 1130. ( 07/10/2015 04:08 )

Gold Spot Intraday: Bullish Bias Above 1130.

Long Positions Above 1130 With Targets @ 1151.5 & 1157 In Extension. ( 07/10/2015 04:08 )

Pivot: 1130

Our preference: Long positions above 1130 with targets @ 1151.5 & 1157 in extension.

Alternative scenario: Below 1130 look for further downside with 1122.5 & 1112 as targets.

Comment: A support base at 1130 has formed and has allowed for a temporary stabilisation.

Supports and resistances:

1165

1157

1151.5

1148.26 Last

1130

1122.5

1112

Read more ...

EUR/USD Intraday: The Upside Prevails. ( 07/10/2015 01:10 )

EUR/USD Intraday: The Upside Prevails.

Long Positions Above 1.117 With Targets @ 1.129 & 1.132 In Extension. ( 07/10/2015 01:10 )

Pivot: 1.117

Our preference: Long positions above 1.117 with targets @ 1.129 & 1.132 in extension.

Alternative scenario: Below 1.117 look for further downside with 1.1145 & 1.1115 as targets.

Comment: The RSI is well directed.

Supports and resistances:

1.135 ***

1.132 ***

1.129 **

1.1267 Last

1.117 ***

1.1145 ***

1.1115 ***

Read more ...

Gold Spot Intraday: Bullish Bias Above 1130. 6/10/2015

Gold Spot Intraday: Bullish Bias Above 1130.

Long Positions Above 1130 With Targets @ 1142.3 & 1148.5 In Extension. ( 06/10/2015 04:15 )

Pivot: 1130

Our preference: Long positions above 1130 with targets @ 1142.3 & 1148.5 in extension.

Alternative scenario: Below 1130 look for further downside with 1122.5 & 1112 as targets.

Comment: A support base at 1130 has formed and has allowed for a temporary stabilisation.

Supports and resistances:

1157

1148.5

1142.3

1136.56 Last

1130

1122.5

1112

Read more ...

EUR/USD Intraday: Under Pressure. 6/10/2015

EUR/USD Intraday: Under Pressure.

Short Positions Below 1.128 With Targets @ 1.1145 & 1.1115 In Extension. ( 06/10/2015 01:08 )

Pivot: 1.128

Our preference: Short positions below 1.128 with targets @ 1.1145 & 1.1115 in extension.

Alternative scenario: Above 1.128 look for further upside with 1.1335 & 1.1385 as targets.

Comment: The RSI lacks upward momentum.

Supports and resistances:

1.1385 ***

1.1335 ***

1.128 ***

1.1190 Last

1.1145 ***

1.1115 ***

1.108 ***

Read more ...

Gold Spot Intraday: Further Advance. 5/10/2015

Gold Spot Intraday: Further Advance.

Long Positions Above 1122.5 With Targets @ 1141.25 & 1148.5 In Extension. ( 05/10/2015 09:55 )

Pivot: 1122.5

Our preference: Long positions above 1122.5 with targets @ 1141.25 & 1148.5 in extension.

Alternative scenario: Below 1122.5 look for further downside with 1112 & 1105 as targets.

Comment: The RSI is mixed to bullish.

Supports and resistances:

1157

1148.5

1141.25

1136.39 Last

1122.5

1112

1105

Read more ...

EUR/USD Intraday: Under Pressure. 5/10/2015

EUR/USD Intraday: Under Pressure.

Short Positions Below 1.128 With Targets @ 1.1145 & 1.1115 In Extension. ( 05/10/2015 01:06 )

Pivot: 1.128

Our preference: Short positions below 1.128 with targets @ 1.1145 & 1.1115 in extension.

Alternative scenario: Above 1.128 look for further upside with 1.1335 & 1.1385 as targets.

Comment: The RSI is mixed to bearish.

Supports and resistances:

1.1385 ***

1.1335 ***

1.128 ***

1.1215 Last

1.1145 ***

1.1115 ***

1.108 ***

Read more ...

Gold Spot Intraday: Limited Upside. 2/10/2015

Gold Spot Intraday: Limited Upside.

Long Positions Above 1110 With Targets @ 1119 & 1124 In Extension. ( 02/10/2015 02:04 )

Pivot: 1110

Our preference: Long positions above 1110 with targets @ 1119 & 1124 in extension.

Alternative scenario: Below 1110 look for further downside with 1103 & 1099 as targets.

Comment: The RSI is supported by a rising trend line. Prices have broken above a declining trendline (Bullish)

Supports and resistances:

1129

1124

1119

1113.58 Last

1110

1103

1099

Read more ...

EUR/USD Intraday: Rebound. 2/10/2015

EUR/USD Intraday: Rebound.

Long Positions Above 1.114 With Targets @ 1.121 & 1.124 In Extension. ( 02/10/2015 03:53 )

Pivot: 1.114

Our preference: Long positions above 1.114 with targets @ 1.121 & 1.124 in extension.

Alternative scenario: Below 1.114 look for further downside with 1.1115 & 1.11 as targets.

Comment: The RSI is bullish and calls for further upside.

Supports and resistances:

1.1265 ***

1.124 ***

1.121 ***

1.1193 Last

1.114 ***

1.1115 ***

1.11 **

Read more ...