GOLD (Spot) intraday: the downside prevails
Pivot: 1385.00
Our Preference: SHORT positions below 1385 with 1362.5 & 1357 as next targets.
Alternative scenario: The upside breakout of 1385 will open the way to 1395.35 & 1400.
Comment: the upward potential is likely to be limited by the resistance at 1385.
Trend: ST Consolidation; MT Bullish
Key levels Comment
1400*** Intraday resistance
1395.35** Intraday resistance
1385*** Intraday pivot point
1375 Last
1362.5** Intraday support
1357** Intraday support
1350** Intraday support
GBP/USD intraday: key ST resistance at 1.587
Pivot: 1.5870.
Our Preference: SHORT positions @ 1.586 with 1.576 & 1.5725 as next targets.
Alternative scenario: The upside penetration of 1.587 will call for a rebound towards 1.5955 & 1.602.
Comment: the pair stands below its new resistance and should face a weakness as the RSI is turning down.
Trend: ST Ltd Upside; MT Range
Key levels Comment
1.602** Intraday resistance
1.5955** Intraday resistance
1.587*** Intraday pivot point
1.5818 Last
1.576*** Intraday support
1.5725** Intraday support
1.568** Intraday support
EUR/USD intraday: capped by a negative trend line
Pivot: 1.3470.
Our Preference: SHORT positions @ 1.346 with 1.336 & 1.3335 as next targets.
Alternative scenario: The upside breakout of 1.347 will open the way to 1.3525 & 1.3615.
Comment: the pair is capped by a declining trend line, the RSI is badly directed.
Trend: ST Ltd Upside; MT Range
Key levels Comment
1.3615*** Intraday resistance
1.3525** Intraday resistance
1.347*** Intraday pivot point
1.3396 Last
1.336*** Intraday support
1.3335** Intraday support
1.325** Intraday support
Chiến lược phiên ÂU 24/11/2010 |