Update chiến lược phiên Âu 14/12/2010

EUR/USD intraday: the upside prevails.
Our preference: Long positions above 1.3375 with targets @ 1.3475 & 1.35 in extension.
Alternative scenario: Below 1.3375 look for further downside with 1.3325 & 1.3275 as targets.
Comment: the pair has rebounded on its new support and remains on the upside.
Key levels
1.357
1.35
1.3475
1.3451 last
1.3375
1.3325
1.3275  
 
GBP/USD intraday: the bias remains bullish.
Our preference: Long positions above 1.582 with targets @ 1.591 & 1.5975 in extension.

Alternative scenario: Below 1.582 look for further downside with 1.5775 & 1.572 as targets.

Comment: the pair is pulling back on its new support ahead of a rebound.

Key levels
1.572
1.5775
1.582
1.5871 last
1.591
1.5975
1.6020 
 
USD/JPY intraday: under pressure
Our preference: Short positions below 83.6 with targets @ 83.1 & 82.8 in extension.

Alternative scenario: Above 83.6 look for further upside with 83.85 & 84.1 as targets.

Comment: the pair stands below its new resistance and should face a weakness.

Key levels
84.1
83.85
83.6
83.34 last
83.1
82.8
82.55 
  \
USD/CHF intraday: under pressure
Pivot: 0.9695

Our preference: Short positions below 0.9695 with targets @ 0.964 & 0.962 in extension.

Alternative scenario: Above 0.9695 look for further upside with 0.9725 & 0.9755 as targets.

Comment: the pair stands below its new resistance and remains under pressure, the RSI is turning down.

Key levels
0.9755
0.9725
0.9695
0.9658 last
0.964
0.962
0.9575 
     

Widget for blogger by Bantinforex.co.cc