USD/CHF              13/3/2013

1 week Trend:   (=) 1 month Trend:  (=)
USD/CHF intraday: under pressure.
Pivot: 0.9505

Our preference: Short positions below 0.9505 with targets @ 0.943 & 0.939 in extension.

Alternative scenario: Above 0.9505 look for further upside with 0.9545 & 0.96 as targets.

Comment: the pair remains under pressure and is challenging its support, the RSI is badly directed.

Key levels
0.96
0.9545
0.9505
0.9442 last
0.943
0.939
0.934

GBP/USD              13/3/2013

1 week Trend:  (=) 1 month Trend:  (=)
GBP/USD intraday: the upside prevails.
Pivot: 1.4885

Our preference: Long positions above 1.4885 with targets @ 1.496 & 1.498 in extension.

Alternative scenario: Below 1.4885 look for further downside with 1.485 & 1.483 as targets.

Comment: the pair has broken above a declining trend line and is challenging its resistance.

Key levels
1.501
1.498
1.496
1.4942 last
1.4885
1.485
1.483

EUR/USD                   13/3/2013

1 week Trend:  (=)  1 month Trend:  (=)
EUR/USD intraday: the bias remains bullish.
Pivot: 1.2985.

Our preference: LONG positions @ 1.2995 with 1.3075 & 1.31 as next targets.

Alternative scenario: The downside breakout of 1.2985 will open the way to 1.2955 & 1.2915.

Comment: the pair stands above its support and remains on the upside, the RSI stands above its neutrality area and is turning up.

Trend: ST Ltd Upside; MT Range

Key levels Comment

1.312** Horizontal resistance
1.31** Horizontal resistance
1.3075*** Horizontal resistance
1.3037 Last
1.2985*** Intraday pivot point
1.2955*** Intraday support
1.2915** Intraday support

Technical Analysis – Time MetaTrader4