GBP/USD 10.02.2009

Date: 2009/02/10
Time: 07:30 (GMT +2)
Ticker: GBP
Last: 1.4831
Pivot: 1.47
1st sup. 1.47
2nd sup. 1.46
3rd sup. 1.45
1st res. 1.498
2nd res. 1.51
3rd res. 1.5245

Title: GBP/USD intraday: rebound expected.
Summary: Update on supports and resistances.
Story: Pivot: 1.4700.

Our Preference: LONG positions @ 1.471 with 1.498 & 1.51 as next targets.

Alternative scenario: The downside penetration of 1.47 will call for 1.46 & 1.45.

Comment: the RSI is on the downside, the pair should pull back on its MT bullish channel lower boundary ahead of a rebound.

Trend: ST Consolidation; MT Bearish

Key levels Comment

1.5245** Intraday resistance
1.51** Intraday resistance
1.498** Intraday resistance
1.4831 Last
1.47** Intraday pivot point
1.46** Intraday support
1.45** Intraday support

USD/JPY 10.02.2009

Date: 2009/02/10
Time: 07:33 (GMT +2)
Ticker: JPY
Last: 91.38
Pivot: 91
1st sup. 91
2nd sup. 90.75
3rd sup. 90.25
1st res. 91.75
2nd res. 92.25
3rd res. 92.6

Title: USD/JPY intraday: limited upside.
Summary: Update on supports and resistances.
Story: Pivot: 91.00.

Our Preference: LONG positions @ 91.07 with targets @ 91.75 & 92.25.

Alternative scenario: The downside breakout of 91 will open the way to 90.75 & 90.25.

Comment: the pair should rebound on its wide bullish channel lower boundary, the RSI is turning up.

Trend: ST Ltd Upside; MT Range

Key levels Comment

92.6** Intraday resistance
92.25** Intraday resistance
91.75** Intraday resistance
91.38 Last
91** Intraday pivot point
90.75** Intraday support
90.25** Intraday support

EUR/USD 10.02.2009

Date: 2009/02/10
Time: 07:27 (GMT +2)
Ticker: EUR
Last: 1.2858
Pivot: 1.295
1st sup. 1.28
2nd sup. 1.2745
3rd sup. 1.27
1st res. 1.295
2nd res. 1.3
3rd res. 1.3095

Title: EUR/USD intraday: the downside prevails.
Summary: Update on supports and resistances.
Story: Pivot: 1.2950.
Our Preference: SHORT positions @ 1.294 with 1.28 & 1.2745 as next targets.

Alternative scenario: The upside penetration of 1.295 will call for 1.3 & 1.3095.

Comment: the pair is on the downside and is approaching its next support, the RSI is under pressure and advocates for further decline.

Trend: ST Ltd Upside; MT Bearish

Key levels Comment

1.3095** Intraday resistance
1.3** Intraday resistance
1.295** Intraday pivot point
1.2858 Last
1.28** Intraday support
1.2745** Intraday support
1.27** Intraday support