Free Forex signals, analysis, recommendations and comments on 26/07/2010

Free Forex signals, analysis, recommendations and comments on 26/07/2010
EUR/USD intraday: continuation of the rebound.
Pivot: 1.284
My preference: Long positions above 1.284 with targets @ 1.2965 & 1.3 in extension.
Alternative scenario: Below 1.284 look for further downside with 1.28 & 1.2733 as targets.
Comment Forex: the RSI is mixed with a bullish bias.
GBP/USD intraday: bounce.
Pivot: 1.5345
My preference: Long positions above 1.5345 with targets @ 1.545 & 1.5535 in extension.
Alternative scenario: Below 1.5345 look for further downside with 1.529 & 1.5245 as targets.
Comment Forex: the RSI is mixed with a bullish bias.
USD/CHF intraday: the upside prevails.
Pivot: 1.049
My preference: Long positions above 1.049 with targets @ 1.056 & 1.0595 in extension.
Alternative scenario: Below 1.049 look for further downside with 1.0455 & 1.0395 as targets.
Comment Forex: the RSI is well directed.
USD/JPY intraday: bullish bias above 87.
Pivot: 87
My preference: Long positions above 87 with targets @ 87.58 & 87.85 in extension.
Alternative scenario: Below 87 look for further downside with 86.75 & 86.45 as targets.
Comment Forex: the RSI is mixed with a bullish bias.
USD/CAD intraday: under pressure.
Pivot: 1.043
My preference: Short positions below 1.043 with targets @ 1.0345 & 1.03 in extension.
Alternative scenario: Above 1.043 look for further upside with 1.0465 & 1.0505 as targets.
Comment Forex: the RSI is badly directed.
AUD/USD intraday: bullish bias above 0.889.
Pivot: 0.889
My preference: Long positions above 0.889 with targets @ 0.908 & 0.918 in extension.
Alternative scenario: Below 0.889 look for further downside with 0.8845 & 0.88 as targets.
Comment Forex: the RSI is mixed with a bullish bias.