Date: 2009/06/04
Time: 12:11 (GMT +7)
Ticker: EURJPY
Last: 136.15
Pivot: 137
1st sup. 134.85
2nd sup. 133.95
3rd sup. 133.45
1st res. 137
2nd res. 138
3rd res. 139
Title: EUR/JPY intraday: under pressure.
Summary: Update on supports and resistances.
Story: Pivot: 137
Our preference: Short positions below 137 with targets @ 134.85 & 133.95 in extension.
Alternative scenario: Above 137 look for further upside with 138 & 139 as targets.
Comment: the break below the intraday bullish channel support is calling for a consolidation.
Date: 2009/06/04
Time: 07:26 (GMT +2)
Ticker: EUR
Last: 1.4162
Pivot: 1.425
1st sup. 1.41
2nd sup. 1.4065
3rd sup. 1.4
1st res. 1.425
2nd res. 1.43
3rd res. 1.433
Title: EUR/USD intraday: key intraday resistance at 1.425.
Summary: Update on supports and resistances.
Story: Pivot: 1.4250.
Our Preference: SHORT positions @ 1.424 with 1.41 & 1.4065 as next targets.
Alternative scenario: The upside breakout of 1.425 will open the way to 1.43 & 1.433.
Comment: the pair has broken below an intraday bearish channel. The 30-min RSI is capped by a key declining trend line.
Trend: ST Ltd Upside; MT Range
Key levels Comment
1.433** Intraday resistance
1.43* Intraday resistance
1.425*** Intraday pivot point
1.4162 Last
1.41*** Intraday support
1.4065** Fib retracement (50%)
1.4*** Fib retracement (61.8%)
Date: 2009/06/04
Time: 07:15 (GMT +2)
Ticker: GBPJPY
Last: 156.15
Pivot: 158
1st sup. 155.75
2nd sup. 154.65
3rd sup. 153.45
1st res. 158
2nd res. 159.2
3rd res. 160.5
Title: GBP/JPY intraday: caution.
Summary: Update on supports and resistances.
Story: Pivot: 158
Our preference: Short positions below 158 with targets @ 155.75 & 154.65 in extension.
Alternative scenario: Above 158 look for further upside with 159.2 & 160.5 as targets.
Comment: the RSI lacks upward momentum.
Title: USD/JPY intraday: turning down.
Summary: Update on supports and resistances.
Story: Pivot: 96.35.
Our Preference: SHORT positions @ 96.25 with 95.55 & 95.35 as next targets.
Alternative scenario: The upside penetration of 96.35 will call for 96.8 & 97.
Comment: the pair & the 30-min RSI are capped by declining trend lines.
Trend: ST Ltd Downside; MT Bearish
Key levels Comment
97*** Intraday resistance
96.8* Intraday resistance
96.35*** Intraday pivot point
96.14 Last
95.55* Intraday support
95.35*** Intraday support
94.5* Intraday support
Date: 2009/06/04
Time: 07:32 (GMT +2)
Ticker: GBP
Last: 1.6235
Pivot: 1.6385
1st sup. 1.6165
2nd sup. 1.609
3rd sup. 1.605
1st res. 1.6385
2nd res. 1.649
3rd res. 1.655
Title: GBP/USD intraday: under pressure.
Summary: Update on supports and resistances.
Story: Pivot: 1.6385.
Our Preference: SHORT positions @ 1.6375 with targets @ 1.6165 & 1.609.
Alternative scenario: The upside penetration of 1.6385 will call for 1.649 & 1.655.
Comment: the downside breakout of the 1.635 congestion area calls for further weakness.
Trend: ST Ltd Upside; MT Range
Key levels Comment
1.655** Intraday resistance
1.649** Fib retracement (61.8%)
1.6385*** Intraday pivot point
1.6235 Last
1.6165* Fib retracement (61.8%)
1.609* Intraday support
1.605* Intraday support
Date: 2009/06/04
Time: 07:39 (GMT +2)
Ticker: CHF
Last: 1.069
Pivot: 1.065
1st sup. 1.065
2nd sup. 1.06
3rd sup. 1.0575
1st res. 1.0745
2nd res. 1.0775
3rd res. 1.0815
Title: USD/CHF intraday: rebound expected.
Summary: Update on supports and resistances.
Story: Pivot: 1.065
Our preference: Long positions above 1.065 with targets @ 1.0745 & 1.0775 in extension.
Alternative scenario: Below 1.065 look for further downside with 1.06 & 1.0575 as targets.
Comment: the RSI is bullish and calls for further advance.
