BELOW INFORMATION IS ONLY FOR GOOGLE GROUPS MEMBERS' SHARING ONLY!!
DAILY FOREX FORECAST FROM TRADING CENTRAL (QUOTES) FOR 7 NOV, 2011
EUR/USD
EUR/USD intraday: bounce. Pivot: 1.3715
Our preference: Long positions above 1.3715 with targets @ 1.386 & 1.3935 in extension.
Alternative scenario: Below 1.3715 look for further downside with 1.365 & 1.3605 as targets.
Comment: the RSI has just landed on a support around 30% and is reversing up.
GBP/USD
GBP/USD intraday: bounce. Pivot: 1.5940
Our preference: Long positions above 1.5940 with targets @ 1.6090 & 1.6150 in extension.
Alternative scenario: Below 1.5940 look for further downside with 1.587 & 1.582 as targets.
Comment: the RSI has just landed on a support around 30% and is reversing up.
|