Daily Technical Levels from FXCC – 22Sep 2011

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Daily Technical Levels from FXCC – 22Sep 2011


EUR/USD Intraday Technical Levels:

Pivot: 1.3610.
Preference: SHORT positions @ 1.36 with targets@ 1.3495 & 1.345.
Alternative Scenario:The upside penetration of 1.361will call for 1.37 & 1.38.
Comment:the pair remains on the downside and isapproaching its previous low.

USD/JPY Intraday Technical Levels:

Pivot: 77.00.
Preference: SHORT positions @ 76.95 with 76.5 &76.25 in sight.
Alternative Scenario: The upside penetration of 77 willcall for 77.25 & 77.4.
Comment: the pair has struck against its strong resistanceand should face a weakness.

GBP/USD Intraday Technical Levels:

Pivot: 1.5520.
Preference: SHORT positions @ 1.551 with 1.5425& 1.537 as next targets.
Alternative Scenario: The upside penetration of 1.552will call for a rebound towards 1.5575 & 1.5635.
Comment: the pair stands below its new resistance(former support) and remains on the downside.


Daily Technical Levels from fxcc.com
Source: FX Central Clearing ECN Forex Trading | ECN Forex Broker | Forex Trading Accounts | FXCC