Forex Daily Information

FREE FOREX MEMBERSHIP CLUB HAS STARTED FREE FOREX SIGNALING BY EMAIL!!! PLEASE CHECK IT OUT AT http://groups.google.com/group/free-forex-membership-club http://freefxmembership.herobo.com THIS INFORMATION IS ONLY FOR GOOGLE GROUP MEMBERS SHARING ONLY!! QUOTES FROM GO MARKETS DAILY - 07 OCT, 2011

EUR/USD intraday: continuation of the rebound. Pivot: 1.3345 Our preference: Long positions above 1.3345 with targets @ 1.352 & 1.3565 in extension. Alternative scenario: Below 1.3345 look for further downside with 1.3275 & 1.324 as targets. Comment: the RSI is bullish and calls for further advance.

GBP/USD intraday: continuation of the rebound. Pivot: 1.5370 Our preference: Long positions above 1.5370 with targets @ 1.55 & 1.5540 in extension. Alternative scenario: Below 1.5370 look for further downside with 1.5330 & 1.5275 as targets. Comment: the RSI is bullish and calls for further advance.

USD/JPY intraday: under pressure. Pivot: 76.85 Our preference: Short positions below 76.85 with targets @ 76.5 & 76.3 in extension. Alternative scenario: Above 76.85 look for further upside with 77 & 77.1 as targets. Comment: the RSI is capped by a bearish trend line.

EUR/JPY intraday: further advance. Pivot: 102.25 Our preference: Long positions above 102.25 with targets @ 103.5 & 103.85 in extension. Alternative scenario: Below 102.25 look for further downside with 101.7 & 101.45 as targets. Comment: the RSI is bullish and calls for further upside.

GOLD (Spot) intraday: further upside. Pivot: 1617.00 Our Preference: LONG positions above 1617 with targets @ 1680 & 1700. Alternative scenario: The downside breakout of 1617 will open the way to 1600 & 1555. Comment: the validation of a double bottom calls for further bounce.

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