Daily Technical Levels from FXCC 14 Sep 2011

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Daily Technical Levels from FXCC 14 Sep 2011


EUR/USD
Intraday Technical Levels:

Pivot: 1.3730.
Preference: SHORT positions @ 1.372 with 1.3555 & 1.3495 in sight.
Alternative Scenario: The upside penetration of 1.373 will call for 1.379 & 1.388.
Comment: the RSI lacks upward momentum. A resumption of the short-term bearish trend is expected.

USD/JPY
Intraday Technical Levels:

Pivot: 77.10.
Preference: SHORT positions @ 77 with targets @ 76.75 & 76.55.
Alternative Scenario: The upside breakout of 77.1 will open the way to 77.4 & 77.65.
Comment: the RSI lacks upward momentum.

GBP/USD
Intraday Technical Levels:

Pivot: 1.5820.
Preference: SHORT positions @ 1.581 with targets @ 1.5695 & 1.566.
Alternative Scenario: The upside breakout of 1.582 will open the way to 1.587 & 1.589.
Comment: the pair remains in an intraday bearish and the RSI is capped by a declining trend line.

Daily Technical Levels from fxcc.com
Source: FX Central Clearing