Pre European Open, Daily Technical Analysis Monday, October 05, 2015
Please note that due to market volatility, some of the below sight prices may have already been reached and scenarios played out.
05.10.2015 07:01 GMT+1 - EUR/USD Intraday: under pressure.
Pivot: 1.128Our preference: Short positions below 1.128 with targets @ 1.1195 & 1.1145 in extension.
Alternative scenario: Above 1.128 look for further upside with 1.1335 & 1.1385 as targets.
Comment: The RSI lacks upward momentum.
[You must be registered and logged in to see this image.]05.10.2015 07:03 GMT+1 - USD/JPY Intraday: the upside prevails.
Pivot: 119.45Our preference: Long positions above 119.45 with targets @ 120.35 & 120.65 in extension.
Alternative scenario: Below 119.45 look for further downside with 119.2 & 118.8 as targets.
[You must be registered and logged in to see this image.]Comment: The RSI is mixed to bullish.
[You must be registered and logged in to see this image.]05.10.2015 07:04 GMT+1 - GBP/USD Intraday: bullish bias above 1.5165.
[You must be registered and logged in to see this image.]Pivot: 1.5165Our preference: Long positions above 1.5165 with targets @ 1.5245 & 1.529 in extension.
Alternative scenario: Below 1.5165 look for further downside with 1.514 & 1.5105 as targets.
Comment: The RSI is mixed with a bullish bias.
[You must be registered and logged in to see this image.]05.10.2015 07:08 GMT+1 - USD/CAD Intraday: the downside prevails.
[You must be registered and logged in to see this image.]Pivot: 1.322Our preference: Short positions below 1.322 with targets @ 1.31 & 1.306 in extension.
Alternative scenario: Above 1.322 look for further upside with 1.325 & 1.328 as targets.
Comment: The RSI advocates for further downside.
[You must be registered and logged in to see this image.]05.10.2015 07:05 GMT+1 - USD/CHF Intraday: under pressure.
Pivot: 0.973Our preference: Short positions below 0.973 with targets @ 0.963 & 0.958 in extension.
Alternative scenario: Above 0.973 look for further upside with 0.9755 & 0.9795 as targets.
Comment: The RSI is mixed to bearish.
[You must be registered and logged in to see this image.]05.10.2015 06:59 GMT+1 - AUD/USD Intraday: the upside prevails.
Pivot: 0.7035Our preference: Long positions above 0.7035 with targets @ 0.7085 & 0.7115 in extension.
Alternative scenario: Below 0.7035 look for further downside with 0.7 & 0.6975 as targets.
Comment: The RSI is well directed.
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