29.6.10

EUR/USD intraday: the downside prevails.
Pivot: 1.2320.

Most Likely Scenario: SHORT positions @ 1.231 with 1.221 & 1.2165 as next targets.

Alternative scenario: The upside penetration of 1.232 will call for 1.235 & 1.24.

Comment: the pair has broken below a bullish channel lower boundary and should face a further weakness towards its next support.


GBP/USD intraday: the upside prevails.
Pivot: 1.5020.

Most Likely Scenario: LONG positions @ 1.503 with 1.513 & 1.518 in sight.

Alternative scenario: The downside penetration of 1.502 will call for 1.4975 & 1.4935.

Comment: the pair remains within a MT bullish channel and is challenging its resistance.


USD/JPY intraday: under pressure.
Pivot: 89.15.

Most Likely Scenario: SHORT positions @ 89.1 with targets @ 88.5 & 88.25.

Alternative scenario: The upside penetration of 89.15 will call for 89.5 & 89.7.

Comment: the pair has broken below its support and remains under pressure.


AUD/USD intraday: the downside prevails.
Pivot: 0.87

Most Likely Scenario: Short @ 0.869 with targets @ 0.864 & 0.8595 in extension.

Alternative scenario: Above 0.87 look for further upside with 0.8775 & 0.8805 as targets.

Comment: the RSI is capped by a bearish trend line.

25.6.10

EUR/USD intraday: the upside prevails.
Pivot: 1.2295.

Most Likely Scenario: LONG positions @ 1.2305 with targets @ 1.236 & 1.241.

Alternative scenario: The downside penetration of 1.2295 will call for 1.226 & 1.221.

Comment: the pair is rebounding on its bullish channel lower boundary as the RSI is turning up.


GBP/USD intraday: intraday support around 1.4915
Pivot: 1.4915.

Most Likely Scenario: LONG positions @ 1.4925 with 1.501 & 1.507 in sight.

Alternative scenario: The downside breakout of 1.4915 will open the way to 1.485 & 1.4805.

Comment: the pair is rebounding on its support as the RSI is turning up.


USD/JPY intraday: capped by a negative trend line.
Pivot: 89.70.

Most Likely Scenario: SHORT positions @ 89.65 with 89.2 & 89 as next targets.

Alternative scenario: The upside breakout of 89.7 will open the way to 90 & 90.3.

Comment: the pair is capped by a MT declining trend line, the RSI is mixed to bearish.


AUD/USD intraday: intraday support around 0.858.
Pivot: 0.858

Most Likely Scenario: Long @ 0.8595 with targets @ 0.868 & 0.873 in extension.

Alternative scenario: Below 0.858 look for further downside with 0.851 & 0.8425 as targets.

Comment: the RSI lacks downward momentum.