DAILY ANALYSIS 7.6.2010

Analisa disini akan diupdatekan untuk dikongsi bersama

EUR/USD intraday: under pressure.
Pivot: 1.2020.

Most Likely Scenario: SHORT positions @ 1.201 with 1.1865 & 1.1825 as next targets.

Alternative scenario: The upside breakout of 1.202 will open the way to 1.208 & 1.215.

Comment: the pair has broken below its support (and previous low) and remains on the downside.


GBP/USD intraday: under pressure.
Pivot: 1.4555.

Most Likely Scenario: SHORT positions @ 1.4545 with 1.44 & 1.433 as next targets.

Alternative scenario: The upside breakout of 1.4555 will open the way to 1.4605 & 1.4675.

Comment: the pair is under pressure and is challengiung its support, a rebound should not be ruled out before a further weakness.


USD/JPY intraday: under pressure.
Pivot: 91.65.

Most Likely Scenario: SHORT positions @ 91.6 with targets @ 90.85 & 90.6.

Alternative scenario: The upside penetration of 91.65 will call for 92 & 92.35.

Comment: the pair is on the downside and is approaching its support, the RSI is badly directed.


AUD/USD intraday: the downside prevails.
Pivot: 0.8275

Most Likely Scenario: Short positions below 0.8275 with targets @ 0.8095 & 0.8066 in extension.

Alternative scenario: Above 0.8275 look for further upside with 0.8365 & 0.843 as targets.

Comment: the break below 0.8275 is a negative signal that has opened a path to 0.8095.