HEFFX Daily FX Alerts $Oil, $GC_F, $EURUSD, $GBPUSD, $USDCAD, $USDJPY, $AUDUSD, $USDCHF

Posted by: : Shayne HeffernanPosted on: January 2, 2015 HEFFX Daily FX Alerts $Oil, $GC_F, $EURUSD, $GBPUSD, $USDCAD, $USDJPY, $AUDUSD, $USDCHF
 

HEFFX Daily FX Alerts $Oil, $GC_F, $EURUSD, $GBPUSD, $USDCAD, $USDJPY, $AUDUSD, $USDCHF

Crude Oil (NYMEX) (G5) Intraday: capped by a negative trend line.


Pivot: 54

Our preference: Short positions below 54 with targets @ 51.8 & 50.9 in extension.

Alternative scenario: Above 54 look for further upside with 55.1 & 55.7 as targets.

Comment: The immediate trend remains down and the momentum is strong.


Opinion published is an intraday view.
Green Lines Represent Resistances | Red Lines Represent Support Levels | Light Blue is a Pivot Point |  Black represents the price when the report was produced




Gold spot Intraday: the downside prevails.


Pivot: 1188

Our preference: Short positions below 1188 with targets @ 1170 & 1163 in extension.

Alternative scenario: Above 1188 look for further upside with 1200 & 1210 as targets.

Comment: The immediate trend remains down and the momentum is strong.


Opinion published is an intraday view.
Green Lines Represent Resistances | Red Lines Represent Support Levels | Light Blue is a Pivot Point |  Black represents the price when the report was produced




EUR/USD Intraday: the downside prevails.


Pivot: 1.209

Our preference: Short positions below 1.209 with targets @ 1.2025 & 1.2 in extension.

Alternative scenario: Above 1.209 look for further upside with 1.212 & 1.2145 as targets.

Comment: The pair stands below its resistance and remains under pressure as the RSI is capped by a declining trend line.


Opinion published is an intraday view.
Green Lines Represent Resistances | Red Lines Represent Support Levels | Light Blue is a Pivot Point |  Black represents the price when the report was produced




GBP/USD Intraday: under pressure.


Pivot: 1.5485

Our preference: Short positions below 1.5485 with targets @ 1.54 & 1.536 in extension.

Alternative scenario: Above 1.5485 look for further upside with 1.552 & 1.555 as targets.

Comment: The pair has broken below its support and remains under pressure.


Opinion published is an intraday view.
Green Lines Represent Resistances | Red Lines Represent Support Levels | Light Blue is a Pivot Point |  Black represents the price when the report was produced




USD/CAD Intraday: the upside prevails.


Pivot: 1.1625

Our preference: Long positions above 1.1625 with targets @ 1.1725 & 1.175 in extension.

Alternative scenario: Below 1.1625 look for further downside with 1.1595 & 1.156 as targets.

Comment: The RSI is bullish and calls for further upside.


Opinion published is an intraday view.
Green Lines Represent Resistances | Red Lines Represent Support Levels | Light Blue is a Pivot Point |  Black represents the price when the report was produced




USD/JPY Intraday: the upside prevails.


Pivot: 119.95

Our preference: Long positions above 119.95 with targets @ 120.75 & 121 in extension.

Alternative scenario: Below 119.95 look for further downside with 119.65 & 119.2 as targets.

Comment: The RSI is well directed.


Opinion published is an intraday view.
Green Lines Represent Resistances | Red Lines Represent Support Levels | Light Blue is a Pivot Point |  Black represents the price when the report was produced




AUD/USD Intraday: the downside prevails.


Pivot: 0.8155

Our preference: Short positions below 0.8155 with targets @ 0.8085 & 0.8065 in extension.

Alternative scenario: Above 0.8155 look for further upside with 0.8185 & 0.8215 as targets.

Comment: The break below 0.8155 is a negative signal that has opened a path to 0.8085. In addition, the RSI is capped by a declining trend line.


Opinion published is an intraday view.
Green Lines Represent Resistances | Red Lines Represent Support Levels | Light Blue is a Pivot Point |  Black represents the price when the report was produced




USD/CHF Intraday: supported by a rising trend line.


Pivot: 0.993

Our preference: Long positions above 0.993 with targets @ 1 & 1.0025 in extension.

Alternative scenario: Below 0.993 look for further downside with 0.99 & 0.987 as targets.

Comment: The pair and its intraday RSI remain supported by rising trend lines.


Opinion published is an intraday view.
Green Lines Represent Resistances | Red Lines Represent Support Levels | Light Blue is a Pivot Point |  Black represents the price when the report was produced

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Shayne Heffernan holds a Ph.D. in Economics and brings with him over 25 years of trading experience in Asia and hands on experience in Venture Capital, he has been involved in several start ups that have seen market capitalization over $500m and 1 that reach a peak market cap of $15b. He has managed and overseen start ups in Mining, Shipping, Technology and Financial Services.

Trade FX, Equities and Options with the World's Leading Platform Open an account here , call us at 305 4904 116, or email us to get started.

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