₦airaland Forum

EUR/USD intraday: the upside prevails.

Pivot: 1.2245.
Our Preference: LONG positions @ 1.2255 with 1.2315 & 1.2335 in sight.
Alternative scenario: The downside penetration of 1.2245 will call for 1.2215 & 1.2175.
Comment: the pair is on the upside and is challenging its resistance.

LOL nice one..

Maria is a devoted wife: She gets married and has 7 children....... Soon after the last child is born, her husband dies.... .A few weeks later she remarries, and over the following years has another 5 children with her second husband......
After the last child is born her second husband also dies......
Within a month Maria is engaged to be married for the third time.......
Unfortunately, she becomes very ill and dies.
At her funeral the priest looks tenderly at Maria as she lies in her coffin, he looks up to heaven and says:
"At last they are finally together".
A man standing next to the priest asks, "Excuse me, Father, but do you mean Maria and her first husband, or Maria and her second husband?"
The priest replied "I mean her legs !!! ".

Hmmm, now ready to ride silver into 28.xx

pipmaster77: I need 40 unit now and I how do I pay you.

Sorry bro, sold already..

Thank you.

SILVER (Spot) intraday: bullish bias above 27.2

Pivot: 27.20
Our Preference: LONG positions above 27.2 with targets @ 27.57 & 27.8.
Alternative scenario: The downside penetration of 27.2 will call for a slide towards 26.9 & 26.75.
Comment: the RSI is above its neutrality area at 50%.

GOLD (Spot) intraday: further advance.

Pivot: 1587.00
Our Preference: LONG positions above 1587 with 1598 & 1606 as next targets.
Alternative scenario: The downside penetration of 1587 will call for 1578 & 1565.
Comment: the RSI is above its neutrality area at 50%.

AUD/USD intraday: supported by a rising trend line.

Pivot: 1.0235
Our preference: Long positions above 1.0235 with targets @ 1.0325 & 1.035 in extension.
Alternative scenario: Below 1.0235 look for further downside with 1.02 & 1.0175 as targets.
Comment: the immediate trend remains up and the momentum is strong.

USD/JPY intraday: under pressure.

Pivot: 79.10.
Our Preference: SHORT positions @ 79.05 with targets @ 78.65 & 78.4.
Alternative scenario: The upside breakout of 79.1 will open the way to 79.4 & 79.55.
Comment: the pair is rebounding but stands below its resistance.

USD/CHF intraday: under pressure.

Pivot: 0.98.
Our Preference: SHORT positions @ 0.979 with 0.974 & 0.971 as next targets.
Alternative scenario: The upside penetration of 0.98 will call for a rebound towards 0.9835 & 0.986.
Comment: the pair is rebounding but stands below its new resistance.

GBP/USD intraday: the upside prevails.

Pivot: 1.5590.
Our Preference: LONG positions @ 1.56 with 1.5675 & 1.571 in sight.
Alternative scenario: The downside penetration of 1.559 will call for a slide towards 1.5545 & 1.552.
Comment: the pair has broken above its previous high and remains on the upside.

EUR/USD intraday: the upside prevails.

Pivot: 1.2245.
Our Preference: LONG positions @ 1.2255 with 1.232 & 1.2335 as next targets.
Alternative scenario: The downside breakout of 1.2245 will open the way to 1.221 & 1.2175.
Comment: the pair remains on the upside.

Hi guys, i am selling 100 Unit worth of LR and it's available only for today at 175.

Contact me if you need it.

Regards

HBD

The best of days is yet to come for you.

Climbing just to do one thing...

aguiyi: buying usdcad and selling eu @ mkt price

The walls of Europe must fall down flat..

When you can see yourself in him/her.

Dead party...

Be a bit happy, at least your son won't grow up telling the whole world he had no shoes when growing up.


450k for a baby that can't even wear the shoes himself nor even recognize the colors or brands? i wonder how much your wife's clothes are worth, 10 milla?

Oya MAKE una allow market move to where the thing wan move to jare.. too much of distortion haba.. this one wan buy, this one wan sell, una wan tear cloth for market body ni abi wetin?

SILVER (Spot) intraday: up turn.

Pivot: 26.90
Our Preference: LONG positions above 26.9 with targets @ 27.3 & 27.55.
Alternative scenario: The downside penetration of 26.9 will call for a slide towards 26.75 & 26.45.
Comment: even though a continuation of the consolidation cannot be ruled out, its extent should be limited.

GOLD (Spot) intraday: further upside.

Pivot: 1578.00
Our Preference: LONG positions above 1578 with 1590 & 1598 in sight.
Alternative scenario: The downside penetration of 1578 will call for 1565 & 1554.
Comment: intraday support around 1578

AUD/USD intraday: intraday support around 1.018.

Pivot: 1.018
Our preference: Long positions above 1.018 with targets @ 1.028 & 1.03 in extension.
Alternative scenario: Below 1.018 look for further downside with 1.014 & 1.0095 as targets.
Comment: the break above 1.018 is a positive signal that has opened a path to 1.028.

USD/JPY intraday: under pressure.

Pivot: 79.2
Our preference: Short positions below 79.2 with targets @ 78.85 & 78.75 in extension.
Alternative scenario: Above 79.2 look for further upside with 79.4 & 79.55 as targets.
Comment: the pair stands below its new resistance and remains under pressure.

USD/CHF intraday: further upside.

Pivot: 0.979
Our preference: Long positions above 0.979 with targets @ 0.9875 & 0.99 in extension.
Alternative scenario: Below 0.979 look for further downside with 0.976 & 0.974 as targets.
Comment: the RSI is bullish and calls for further advance.

GBP/USD intraday: under pressure.

Pivot: 1.556
Our preference: Short positions below 1.556 with targets @ 1.55 & 1.5465 in extension.
Alternative scenario: Above 1.556 look for further upside with 1.559 & 1.562 as targets.
Comment: the RSI calls for a new downleg.

EUR/USD intraday: under pressure.

Pivot: 1.2245
Our preference: Short positions below 1.2245 with targets @ 1.2175 & 1.215 in extension.
Alternative scenario: Above 1.2245 look for further upside with 1.2265 & 1.2295 as targets.
Comment: the pair is under pressure and is challenging its support.

endfx1: Lets pray EU breaks 1.2162... we will all be smiling with +100pips...

Pray or wait?

Prepare for the worst

Another critical week confronts global financial markets, with a plethora of earnings reports due from America's corporate heavyweights and Fed Chairman Bernanke delivering his semi-annual testimony on the economy and monetary policy before the Senate Banking Committee later today. Although the Fed decided to extend Operation Twist last month, and declared that it was ready to "take further action as appropriate", Bernanke is likely to be confronted with some hostile questioning from members of the Committee on why the Fed has not done more. With just two weeks until the next FOMC meeting, Bernanke may pre-empt too much criticism by emphasizing that the Federal Reserve is ready to do what is necessary while also highlighting that America is being hobbled by Europe's financial crisis. Some of the weekend headlines in the financial press do not augur well for the coming week, with speculation intensifying that the American economy may already have lurched back into recession. The IMF is due to release its latest forecasts for global growth later today; no doubt its projections for growth will be revised downwards. Meanwhile, the marked slowing in the pace of growth in China is also attracting justifiable attention – the Shanghai Composite has fallen a further 1.4% overnight, a decline of more than 12% in just over two months. In forex markets, the dollar lost some ground both on Friday and again overnight. Some short-covering in the euro ahead of today's Bernanke speech saw the single currency run up to 1.2283 in Asia, although it has since dipped back to 1.2230. The yen remains well-bid, as does the pound, with EUR/GBP now near 0.7850.

SILVER (Spot) intraday: further upside.

Pivot: 27.05
Our Preference: LONG positions above 27.05 with 27.55 & 28.05 in sight.
Alternative scenario: The downside breakout of 27.05 will open the way to 26.75 & 26.45.
Comment: the RSI is mixed with a bullish bias.

USD/CHF intraday: under pressure.

Pivot: 0.99.
Our Preference: SHORT positions @ 0.9845 with 0.9785 & 0.976 as next targets.
Alternative scenario: The upside penetration of 0.985 will call for 0.9875 & 0.99.
Comment: the pair has broken below a bullish channel lower boundary and remains under pressure.

CRUDE OIL (AUG 12) INTRADAY: THE BIAS REMAINS BULLISH.
Pivot: 86.00

Most Likely Scenario: LONG positions above 86 with targets @ 88 & 88.75.

Alternative scenario: The downside penetration of 86 will call for 85.5 & 84.2.

Comment: Intraday support around 86