Home Forex Analysis And Forecasts Daily Technical levels – Trading Central 8-9-2014

Daily Technical levels – Trading Central 8-9-2014

Orbex – Daily Technical Levels Monday, September 08, 2014  

Pivot: 1.3Our preference: Short positions below 1.3 with targets @ 1.2905 & 1.282 in extension.Alternative scenario: Above 1.3 look for further upside with 1.3105 & 1.3165 as targets.Comment: The pair stands below its resistance and remains under pressure.
Chart Caption
Green Lines Represent Resistances
Red Lines Represent Support Levels
Light Blue is a Pivot Point
Black represents the price when the report was produced

USD/CHF Intraday: the upside prevails.   Back Next  
Pivot: 0.929Our preference: Long positions above 0.929 with targets @ 0.9345 & 0.938 in extension.Alternative scenario: Below 0.929 look for further downside with 0.925 & 0.921 as targets.Comment: The pair is rebounding above its support.
Chart Caption
Green Lines Represent Resistances
Red Lines Represent Support Levels
Light Blue is a Pivot Point
Black represents the price when the report was produced

GBP/USD Intraday: the downside prevails.   Back Next  
Pivot: 1.6275Our preference: Short positions below 1.6275 with targets @ 1.615 & 1.61 in extension.Alternative scenario: Above 1.6275 look for further upside with 1.6335 & 1.639 as targets.Comment: The pair has produced a bearish gap and remains on the downside.
Chart Caption
Green Lines Represent Resistances
Red Lines Represent Support Levels
Light Blue is a Pivot Point
Black represents the price when the report was produced

Dow Jones (CBT) (U4) Intraday: the upside prevails.   Back Next  
Pivot: 16995Our preference: Long positions above 16995 with targets @ 17155 & 17190 in extension.Alternative scenario: Below 16995 look for further downside with 16960 & 16895 as targets.Comment: The RSI is mixed with a bullish bias.
Chart Caption
Green Lines Represent Resistances
Red Lines Represent Support Levels
Light Blue is a Pivot Point
Black represents the price when the report was produced

Gold spot Intraday: key resistance at 1275.   Back Next  
Pivot: 1275Our preference: Short positions below 1275 with targets @ 1257 & 1241 in extension.Alternative scenario: Above 1275 look for further upside with 1283 & 1287 as targets.Comment: Even though a continuation of the technical rebound cannot be ruled out, its extent should be limited.
Chart Caption
Green Lines Represent Resistances
Red Lines Represent Support Levels
Light Blue is a Pivot Point
Black represents the price when the report was produced

Crude Oil (NYMEX) (V4) Intraday: under pressure.   Back
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