Nhận định xu hướng & Chiến lược phiên Âu 9/11/2010 ( 6:18 am EST )

Gain Capital | 13:32:00 |

GOLD‏ (Spot) intraday: further upside
Pivot: 1398.00
Our Preference: LONG positions above 1398 with targets @ 1418 & 1430.
Alternative scenario: The downside penetration of 1398 will call for a slide towards 1387 & 1373.
Comment: the immediate trend remains up and the momentum is 

strong.
Trend: ST Bullish; MT Bullish 

 
EUR/USD intraday: under pressure
Pivot: 1.3950.
Our Preference: SHORT positions @ 1.394 with 1.38 & 1.3735 as next targets.
Alternative scenario: The upside penetration of 1.395 will call for a rebound towards 1.3995 & 1.4025.
Comment: the pair remains under pressure and is approaching its next support.
Trend: ST Ltd Upside; MT Range

 
 GBP/USD intraday: the downside prevails.
Pivot: 1.6175.
Our Preference: SHORT positions @ 1.6165 with targets @ 1.605 & 1.598.
Alternative scenario: The upside breakout of 1.6175 will open the way to 1.621 & 1.626.
Comment: the pair stands below its new resistance and remains under pressure.
Trend: ST Ltd Upside; MT Range

 
USD/JPY intraday: key ST resistance at 81.2
Pivot: 81.20.
Our Preference: SHORT positions @ 81.15 with 80.75 & 80.6 in sight.
Alternative scenario: The upside penetration of 81.2 will call for 81.5 & 81.8.
Comment: the RSI has broken below a rising trend line, the pair is under pressure and is challenging its support.
Trend: ST Ltd Downside; MT Range 
 
  
USD/CHF intraday: limited upside
Pivot: 0.9625
Our preference: Long positions above 0.9625 with targets @ 0.969 & 0.975 in extension.
Alternative scenario: Below 0.9625 look for further downside with 0.9575 & 0.954 as targets.
Comment: the pair is on the upside and is challenging its resistance. 

 
AUD/USD intraday: consolidation.
Pivot: 1.0175
Our preference: Short positions below 1.0175 with targets @ 1.008 & 1.002 in extension.
Alternative scenario: Above 1.0175 look for further upside with 1.0205 & 1.026 as targets.
Comment: the RSI is capped by a declining trend line 
 
 
USD/CAD intraday: rebound in sight.
Pivot: 1.002
Our preference: Long positions above 1.002 with targets @ 1.0085 & 1.0125 in extension.
Alternative scenario: Below 1.002 look for further downside with 0.999 & 0.996 as targets.
Comment: the RSI calls for a rebound. 
 
 
 NZD/USD intraday: consolidation in place.
Pivot: 0.7875
Our preference: Short positions below 0.7875 with targets @ 0.78 & 0.7775 in extension.
Alternative scenario: Above 0.7875 look for further upside with 0.792 & 0.797 as targets.
Comment: the RSI is capped by a declining trend line. 

 
EUR/JPY intraday: the downside prevails.
Pivot: 112.8
Our preference: Short @ 112.73 with targets @ 111.75 & 111.5 in extension.
Alternative scenario: Above 112.8 look for further upside with 113.35 & 114 as targets.
Comment: the pair stands within a bearish channel and is challenging its support. 
 
 
EUR/GBP intraday: under pressure
Pivot: 0.8645
Our preference: Short positions below 0.8645 with targets @ 0.858 & 0.8527 in extension.
Alternative scenario: Above 0.8645 look for further upside with 0.869 & 0.8735 as targets.
Comment: the RSI is capped by a declining trend line, the pair has broken below its support and remains under pressure. 

 
GBP/JPY intraday: under pressure
Pivot: 131.2
Our preference: Short @ 131.05 with targets @ 130.25 & 129.65 in extension.
Alternative scenario: Above 131.2 look for further upside with 131.65 & 132.2 as targets.
Comment: the pair is under pressure and is approaching its support. 
 
 
Crude Oil‏ (Dec 10) intraday: bullish bias above 85.95
Pivot: 85.95
Our Preference: LONG positions above 85.95 with 87.5 & 88.25 in sight.
Alternative scenario: The downside penetration of 85.95 will call for 85.05 & 84.3.
Comment: the 85.95 support maintains a bullish bias.
Trend: ST Bullish; MT Range
Key levels Comment
89** Intraday resistance
88.25* Intraday resistance
87.5** Intraday resistance
86.86 Last
85.95** Intraday pivot point
85.05** Intraday support
84.3** Intraday support
 
 
 

 
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