Month: September 2009

Daily Pivots: (S1) 1.5074; (P) 1.5097; (R1) 1.5113 Further decline in EUR/CHF cannot be ruled out but after all, price actions from 1.5380 are treated as corrective in nature. Hence, downside should…

Daily Pivots: (S1) 0.9164; (P) 0.9231; (R1) 0.9270 With 4 hours MACD dragged below signal line, an intraday top should be in place in EUR/GBP at 0.9297. Some consolidation could now be…

Daily Pivots: (S1) 129.96; (P) 130.88; (R1) 131.97 With 4 hours MACD crossed above signal line, an intraday low should be in place in EUR/JPY and some consolidations might now be seen….

Daily Pivots: (S1) 0.8622; (P) 0.8688; (R1) 0.8791 AUD/USD rebounded strongly after drawing support from 0.8589. While upside momentum is clearly diminishing, there is not confirmation of topping with 0.8589 support intact….

Daily Pivots: (S1) 1.0790; (P) 1.0890; (R1) 1.0950 USD/CAD’s pull back from 1.0991 extends further and the break of 1.0859 indicates that an intraday top is in place. Some consolidation should now…

No change in USD/CHF’s outlook. Bullish convergence conditions in 4 hours MACD argues that a short term bottom is formed at 1.0185 but this is not confirmed by a break of 1.0388…

Daily Pivots: (S1) 1.5775; (P) 1.5875; (R1) 1.5982 With 4 hours MACD crossed above signal line, an intraday low is in place in GBP/USD at 1.5769. Some consolidation could be seen but…

Daily Pivots: (S1) 88.97; (P) 90.16; (R1) 90.83; USD/JPY’s rebound from 88.23 continues and break of 89.93 indicates that an intraday low is formed. Some more recovery might be seen but after…