04.02.2013 00:40 GMT+1 - GBP/USD intraday: the downside prevails.
Pivot: 1.5775
Our preference: Short positions below 1.5775 with targets @ 1.567 & 1.5635 in extension.
Alternative scenario: Above 1.5775 look for further upside with 1.58 & 1.5845 as targets.
Comment: the RSI is bearish and calls for further decline.
04.02.2013 00:40 GMT+1 - USD/CHF intraday: key ST resistance at 0.9125.
Pivot: 0.9125
Our preference: Short positions below 0.9125 with targets @ 0.9015 & 0.897 in extension.
Alternative scenario: Above 0.9125 look for further upside with 0.917 & 0.919 as targets.
Comment: as long as 0.9125 is resistance, look for choppy price action with a bearish bias.
04.02.2013 00:40 GMT+1 - USD/JPY intraday: the upside prevails.
Pivot: 92.3
Our preference: Long positions above 92.3 with targets @ 93 & 93.3 in extension.
Alternative scenario: Below 92.3 look for further downside with 91.75 & 91.25 as targets.
Comment: the RSI is well directed.
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