USD/PLN ST: the upside prevails as long as 2.738 is support

26-May-11

05:07


Our pivot point stands at 2.738.
Our preference: the upside prevails as long as 2.738 is support.
Alternative scenario: the downside breakout of 2.738 would call for 2.663 and 2.619.
Comment: the RSI is above 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the pair is trading above both its 20 and 50 MAs (standing respectively at 2.744 and 2.7642).
Supports and resistances:
2.998 *
2.954 **
2.909
2.8004 last
2.767
2.738 **
2.663 *
Ticker: PLN

https://secure.easy-forex.com/tradin...0526050606.GIF

AUD/CHF ST: the downside prevails as long as 0.938 is resistance

26-May-11

05:21


Our pivot point stands at 0.938.
Our preference: the downside prevails as long as 0.938 is resistance.
Alternative scenario: the upside breakout of 0.938, would call for 0.956 and 0.966.
Comment: the RSI is below its neutrality area at 50. The MACD is negative and below its signal line. The configuration is negative. Moreover, the pair stands below its 20 and 50 MAs (standing respectively at 0.9365 and 0.9405).
Supports and resistances:
0.956 *
0.938 **
0.931
0.9224 last
0.896
0.886 **
0.875 *
Ticker: AUDCHF

https://secure.easy-forex.com/tradin...0526052030.GIF

CAD/CHF ST: the downside prevails as long as 0.906 is resistance

26-May-11

05:21


Our pivot point stands at 0.906.
Our preference: the downside prevails as long as 0.906 is resistance.
Alternative scenario: the upside breakout of 0.906, would call for 0.922 and 0.931.
Comment: the RSI is below 50. The MACD is below its signal line and negative. The configuration is negative. Moreover, the pair is trading under both its 20 and 50 MAs (standing respectively at 0.9074 and 0.9245).
Supports and resistances:
0.922 *
0.906 **
0.9
0.8923 last
0.872
0.862 **
0.853 *
Ticker: CADCHF

https://secure.easy-forex.com/tradin...0526052035.GIF

EUR/CZK intraday: the RSI is overbought

26-May-11

05:21


Our pivot point stands at 24.61.
Our preference: the upside prevails as long as 24.61 is support.
Alternative scenario: the downside breakout of 24.61 would call for 24.59 and 24.58.
Comment: the RSI is trading above 70. This could mean that either the pair is in a lasting uptrend or just overbought and that therefore a correction could shape (look for bearish divergence in this case). The MACD is above its signal line and positive. The configuration is positive. Moreover, the pair is trading above both its 20 and 50 MAs (standing respectively at 24.5911 and 24.5495).
Supports and resistances:
24.71 *
24.7 **
24.69
24.6376 last
24.61
24.61 **
24.59 *
Ticker: EURCZK

https://secure.easy-forex.com/tradin...0526052006.GIF

EUR/NZD ST: the RSI is oversold

26-May-11

05:21


Our pivot point stands at 1.799.
Our preference: the downside prevails as long as 1.799 is resistance.
Alternative scenario: above 1.799, look for 1.838 and 1.861.
Comment: the RSI is below 30. It could either mean that the pair is in a lasting downtrend or just oversold and therefore bound to retrace (look for bullish divergence in this case). The MACD is negative and below its signal line. The configuration is negative. Moreover, the pair is trading under both its 20 and 50 MAs (standing respectively at 1.8078 and 1.8339).
Supports and resistances:
1.838 *
1.799 **
1.783
1.7549 last
1.708
1.685 **
1.662 *
Ticker: EURNZD

https://secure.easy-forex.com/tradin...0526052040.GIF

GBP/NZD ST: the downside prevails as long as 2.07 is resistance

26-May-11

05:21


Our pivot point stands at 2.07.
Our preference: the downside prevails as long as 2.07 is resistance.
Alternative scenario: the upside breakout of 2.07, would call for 2.104 and 2.124.
Comment: the RSI is below 50. The MACD is below its signal line and negative. The configuration is negative. Moreover, the pair stands below its 20 and 50 MAs (standing respectively at 2.0578 and 2.0844).
Supports and resistances:
2.104 *
2.07 **
2.057
2.0221 last
1.982
1.962 **
1.943 *
Ticker: GBPNZD

https://secure.easy-forex.com/tradin...0526052044.GIF

NZD/CAD ST: above its upper Bollinger band

26-May-11

05:21


Our pivot point stands at 0.77.
Our preference: the upside prevails as long as 0.77 is support.
Alternative scenario: the downside breakout of 0.77 would call for 0.758 and 0.751.
Comment: the RSI is above 70. It could mean either that the pair is in a lasting uptrend or just overbought and therefore bound to correct (look for bearish divergence in this case). The MACD is above its signal line and positive. The configuration is positive. Moreover, the pair is trading above both its 20 and 50 MAs (standing respectively at 0.7668 and 0.7554). Finally, the NZD/CAD is trading above its upper Bollinger band (standing at 0.7828).
Supports and resistances:
0.816 *
0.809 **
0.802
0.7876 last
0.775
0.77 **
0.758 *
Ticker: NZDCAD

https://secure.easy-forex.com/tradin...0526052049.GIF

NZD/CHF ST: our next up target stands at 0.727

26-May-11

05:21


Our pivot point stands at 0.685.
Our preference: our next up target stands at 0.727.
Alternative scenario: below 0.685, expect 0.671 and 0.663.
Comment: the RSI is above its neutrality area at 50. The MACD is above its signal line and negative. The MACD must break above its zero level to trigger further gains. Moreover, the pair is above its 20 and 50 MAs (standing respectively at 0.6957 and 0.6982).
Supports and resistances:
0.736 *
0.727 **
0.719
0.7029 last
0.69
0.685 **
0.671 *
Ticker: NZDCHF

https://secure.easy-forex.com/tradin...0526052052.GIF

SGD/JPY ST: our next up target stands at 67.8

26-May-11

05:21


Our pivot point is at 64.9.
Our preference: our next up target stands at 67.8.
Alternative scenario: below 64.9, expect 63.8 and 63.2.
Comment: the RSI is above its neutrality area at 50. The MACD is above its signal line and negative. The MACD must break above its zero level to call for further upside. Moreover, the pair is trading above both its 20 and 50 MAs (standing respectively at 65.551 and 65.8454).
Supports and resistances:
68.5 *
67.8 **
67.2
65.86 last
65.3
64.9 **
63.8 *
Ticker: SGDJPY

https://secure.easy-forex.com/tradin...0526052057.GIF

EUR/TRY intraday: as long as 2.258 is support look for 2.272

26-May-11

05:22


Our pivot point stands at 2.258.
Our preference: as long as 2.258 is support look for 2.272.
Alternative scenario: the downside breakout of 2.258 would call for 2.253 and 2.25.
Comment: the RSI is above its neutrality area at 50. The MACD is positive and below its signal line. The pair could retrace. Moreover, the pair is above its 20 and 50 MAs (standing respectively at 2.2559 and 2.253).
Supports and resistances:
2.275 *
2.272 **
2.27
2.26269 last
2.259
2.258 **
2.253 *
Ticker: EURTRY

https://secure.easy-forex.com/tradin...0526052123.GIF