28 January 2014, Tuesday

Technical Analysis ( Time +5: 30 GMT - 1:00 PM )

EUR/USD Intraday: the upside prevails. Pivot: 1.3645 Our preference: Long positions above 1.3645 with targets @ 1.3715 & 1.374 in extension. Alternative scenario: Below 1.3645 look for further downside with 1.362 & 1.358 as targets. Comment: The pair is rebounding above its support and remains on the upside. Next

GBP/USD Intraday: the upside prevails. Pivot: 1.654 Our preference: Long positions above 1.654 with targets @ 1.662 & 1.6665 in extension. Alternative scenario: Below 1.654 look for further downside with 1.651 & 1.647 as targets. Comment: The pair remains on the upside and is approaching its next resistance.  Previous |  Next

USD/CHF Intraday: under pressure. Pivot: 0.899 Our preference: Short positions below 0.899 with targets @ 0.8925 & 0.89 in extension. Alternative scenario: Above 0.899 look for further upside with 0.9015 & 0.904 as targets. Comment: The pair is posting a rebound but stands below its resistance.  Previous |  Next

USD/JPY Intraday: under pressure. Pivot: 103.05 Our preference: Short positions below 103.05 with targets @ 102.25 & 101.9 in extension. Alternative scenario: Above 103.05 look for further upside with 103.55 & 103.8 as targets. Comment: as long as the resistance at 103.05 is not surpassed, the risk of the break below 102.25 remains high.  Previous |  Next

AUD/USD Intraday: continuation of the rebound. Pivot: 0.872 Our preference: Long positions above 0.872 with targets @ 0.8825 & 0.8855 in extension. Alternative scenario: Below 0.872 look for further downside with 0.8655 & 0.86 as targets. Comment: The pair is supported by its ascending 50-period moving average (in blue).  Previous |  Next

Gold spot Intraday: key resistance at 1265. Pivot: 1265 Our preference: Short positions below 1265 with targets @ 1244 & 1231 in extension. Alternative scenario: Above 1265 look for further upside with 1279 & 1293 as targets. Comment: the upward potential is likely to be limited by the resistance at 1265.  Previous |  Next

Silver spot Intraday: the downside prevails. Pivot: 20.3 Our preference: Short positions below 20.3 with targets @ 19.3 & 19 in extension. Alternative scenario: Above 20.3 look for further upside with 20.6 & 20.95 as targets. Comment: as long as 20.3 is resistance, likely decline to 19.3.  Previous |  Next

Crude Oil (NYMEX) (Mar 14) Intraday: under pressure. Pivot: 96.4 Our preference: Short positions below 96.4 with targets @ 94.35 & 93.75 in extension. Alternative scenario: Above 96.4 look for further upside with 97.8 & 99.05 as targets. Comment: the RSI is capped by a bearish trend line.  Previous

Would you like to unsubscribe from our newsletter? Please click here. Copyright 2014 - TRADING CENTRAL The information contained in this publication is not intended as an offer or solicitation for the purchase or sale of any financial instrument. Any opinion offered herein reflects TRADING Central current judgment and may change without notice. Users acknowledge and agree to the fact that, by its very nature, any investment in shares, stock options and similar and assimilated products is characterised by a certain degree of uncertainty and that, consequently, any investment of this nature involves risks for which the user is solely responsible and liable. This message is intended for recipient only and not for further distribution without the consent of TRADING Central. Although TRADING Central attempts to sweep e-mail and attachments for viruses, it does not guarantee that either are virus-free and accepts no liability for any damage sustained as a result of viruses. This information is an analytical review of capital and FX markets. The material presented and the information contained is the investment research and no way should be considered as the provision of investment advice for the purposes of Investment Firms Law 144(I)/2007 of the Republic of Cyprus or any other form of personal advice, which relates to certain types of transactions with certain types of financial instruments.

MAYZUS newsletter@tradingcentral.com	6:21 PM (2 hours ago)
to me

View this newsletter as a webpage

Daily Technical Levels Tuesday, January 28, 2014 EUR/USD  |   GBP/USD  |   USD/CHF  |   USD/JPY  |   AUD/USD  |   GOLD  |   SILVER  |   CRUDE OIL

EUR/USD Intraday: under pressure. Pivot: 1.3685 Our preference: Short positions below 1.3685 with targets @ 1.362 & 1.358 in extension. Alternative scenario: Above 1.3685 look for further upside with 1.3715 & 1.374 as targets. Comment: The pair stands below its new resistance and remains on the downside. Next     GBP/USD Intraday: under pressure. Pivot: 1.662 Our preference: Short positions below 1.662 with targets @ 1.651 & 1.647 in extension. Alternative scenario: Above 1.662 look for further upside with 1.6665 & 1.672 as targets. Comment: The pair has broken below its support and remains under pressure.  Previous |  Next     USD/CHF Intraday: rebound. Pivot: 0.895 Our preference: Long positions above 0.895 with targets @ 0.9015 & 0.904 in extension. Alternative scenario: Below 0.895 look for further downside with 0.8925 & 0.89 as targets. Comment: The pair is rebounding and is breaking above its resistance.  Previous |  Next     USD/JPY Intraday: the upside prevails. Pivot: 102.45 Our preference: Long positions above 102.45 with targets @ 103.55 & 103.8 in extension. Alternative scenario: Below 102.45 look for further downside with 102.25 & 101.9 as targets. Comment: The pair has broken above its resistance and remains on the upside.  Previous |  Next     AUD/USD Intraday: further upside. Pivot: 0.876 Our preference: Long positions above 0.876 with targets @ 0.8825 & 0.8855 in extension. Alternative scenario: Below 0.876 look for further downside with 0.872 & 0.8655 as targets. Comment: the RSI is bullish and calls for further advance. The pair is supported by its ascending 50-period moving average (in blue).  Previous |  Next     Gold spot Intraday: the downside prevails. Pivot: 1265 Our preference: Short positions below 1265 with targets @ 1244 & 1231 in extension. Alternative scenario: Above 1265 look for further upside with 1279 & 1293 as targets. Comment: technically, the RSI is below its neutrality area at 50.  Previous |  Next     Silver spot Intraday: the downside prevails. Pivot: 20.05 Our preference: Short positions below 20.05 with targets @ 19.3 & 19 in extension. Alternative scenario: Above 20.05 look for further upside with 20.3 & 20.6 as targets. Comment: as long as 20.05 is resistance, likely decline to 19.3.  Previous |  Next     Crude Oil (NYMEX) (Mar 14) Intraday: the downside prevails. Pivot: 96.4 Our preference: Short positions below 96.4 with targets @ 95.25 & 94.35 in extension. Alternative scenario: Above 96.4 look for further upside with 97.8 & 99.05 as targets. Comment: the upward potential is likely to be limited by the resistance at 96.4.  Previous

Read More