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

Posted by: : Shayne HeffernanPosted on: April 8, 2015 HEFFX Daily FX Alerts $Oil, $GC_F, $EURUSD, $GBPUSD, $USDCAD, $USDJPY, $AUDUSD, $USDCHF
 

Crude Oil (WTI) (K5) Intraday: further upside.


Pivot: 51.15

Our preference: Long positions above 51.15 with targets @ 55.15 & 57.05 in extension.

Alternative scenario: Below 51.15 look for further downside with 49.8 & 48.2 as targets.

Comment: The RSI is around its neutrality area at 50%


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: bullish bias above 1202.5.


Pivot: 1202.5

Our preference: Long positions above 1202.5 with targets @ 1224 & 1229.5 in extension.

Alternative scenario: Below 1202.5 look for further downside with 1194.5 & 1178.5 as targets.

Comment: A support base at 1202.5 has formed and has allowed for a temporary stabilisation.


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: under pressure.


Pivot: 1.091

Our preference: Short positions below 1.091 with targets @ 1.08 & 1.0745 in extension.

Alternative scenario: Above 1.091 look for further upside with 1.096 & 1.1035 as targets.

Comment: The pair is posting a rebound but stands below its resistance.


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: 1.487

Our preference: Short positions below 1.487 with targets @ 1.477 & 1.4735 in extension.

Alternative scenario: Above 1.487 look for further upside with 1.492 & 1.498 as targets.

Comment: As long as the resistance at 1.487 is not surpassed, the risk of the break below 1.477 remains high.


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 bias remains bullish.


Pivot: 1.246

Our preference: Long positions above 1.246 with targets @ 1.255 & 1.259 in extension.

Alternative scenario: Below 1.246 look for further downside with 1.2425 & 1.2405 as targets.

Comment: Even though a continuation of the consolidation cannot be ruled out, its extent should be limited.


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 bias remains bullish.


Pivot: 119.65

Our preference: Long positions above 119.65 with targets @ 120.45 & 120.8 in extension.

Alternative scenario: Below 119.65 look for further downside with 119.4 & 119.15 as targets.

Comment: The pair is pulling back on its support.


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 bias remains bullish.


Pivot: 0.7605

Our preference: Long positions above 0.7605 with targets @ 0.771 & 0.774 in extension.

Alternative scenario: Below 0.7605 look for further downside with 0.7565 & 0.753 as targets.

Comment: The pair stands above its support and remains on the 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/CHF Intraday: the upside prevails.


Pivot: 0.955

Our preference: Long positions above 0.955 with targets @ 0.9675 & 0.9755 in extension.

Alternative scenario: Below 0.955 look for further downside with 0.949 & 0.9445 as targets.

Comment: Even though a continuation of the consolidation cannot be ruled out, its extent should be limited.


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 Funds Manager at HEFFX 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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