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trading central
TRADING CENTRAL is a leading investment research provider to financial market professionals. Our technical strategies cover equity, index, fixed-income, forex and commodities markets. Our market depth and knowledge is attributed to our acquired experience on trading floors of many banking institutions.
Trading Central is available for registered users in the Personal Cabinet (Room), you can open an account now and read professional markets research (forex, stocks and more) for FREE.
Example.
GBP/USD intraday: rebound expected.
Date:
May 12, 2009
Ticker:
GBP
ISIN:
Short term view:
1 (0)
Medium term view:
0 (0)
Pivot: 1.5050.
Our Preference: LONG positions @ 1.506 with 1.5175 & 1.526 in sight.
Alternative scenario: The downside penetration of 1.505 will call for 1.4985 & 1.495.
Comment: the RSI is turning up, the pair is rebounding on its support and should post a new up move.
Trend: ST Ltd Upside; MT Range
Key levels Comment
1.5385** Intraday resistance
1.526** Intraday resistance
1.5175** Intraday resistance
1.5125 Last
1.505** Intraday pivot point
1.4985** Intraday support
1.495*** Intraday support 
GBP/USD intraday: further advance.
Date:
May 12, 2009
Ticker:
GBP
ISIN:
Short term view:
1 (0)
Medium term view:
0 (0)
Pivot: 1.508
Our preference: Long positions above 1.508 with targets @ 1.526 & 1.5385 in extension.
Alternative scenario: Below 1.508 look for further downside with 1.503 & 1.4985 as targets.
Comment: the pair is rebounding on its support and should reach its previous high, the RSI is well directed. 
Actual chart:
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