التحليلات اليوميه التابعه لشركه FXCM

Pivot: 1.9520.

Our Preference: LONG positions @ 1.953 with targets @ 1.9625 & 1.965.

Alternative scenario: The downside breakout of 1.952 will open the way to 1.95 & 1.947.

Comment: The 30-min RSI is supported by a rising trend line.

Trend: ST Consolidation; MT Bullish

Pivot: 1.048

Our preference: Short positions below 1.048 with targets @ 1.04 & 1.039 in extension.

Alternative scenario: Above 1.048 look for further upside with 1.051 & 1.054 as targets.

Comment: the 30-min RSI is capped by a declining trend line & the pair validated a Symmetrical Triangle calling for a down move towards 1.04.

Pivot: 104.3

Our preference: Short @ 104.2 with targets @ 103.6 & 103.39 in extension.

Alternative scenario: Above 104.3 look for further upside with 104.72 & 107.95 as targets.

Comment: the pair is capped by a declining trend line & exited from an intraday bullish channel

Pivot: 1

Our preference: Short positions below 1 with targets @ 0.989 & 0.9875 in extension.

Alternative scenario: Above 1 look for further upside with 1.0035 & 1.006 as targets.

Comment: the pair remains within a ST bearish channel.

Date: 20/5/2008
EUR/JPY intraday: on the downside
Pivot: 162

Our preference: Short @ 161.93 with targets @ 161.25 & 161 in extension.

Alternative scenario: Above 162 look for further upside with 162.5 & 162.8 as targets.

Comment: the pair and its intraday RSI remain on the downside.