Forex Trend Prediction Apr 15, 2013
GBP/USD 15/4/2013
1 week Trend: (=) 1 month Trend:
(=)
GBP/USD intraday: the downside prevails.
Pivot: 1.5385
Our preference: Short positions below 1.5385 with targets @ 1.5285 & 1.5245 in extension.
Alternative scenario: Above 1.5385 look for further upside with 1.541 & 1.545 as targets.
Comment: the pair remains under pressure and is challenging its support.
Key levels
1.545
1.541
1.5385
1.5336 last
1.5285
1.5245
1.5195
EUR/USD 15/4/2013
1 week Trend: (=) 1 month Trend:
(=)
EUR/USD intraday: under pressure.
Pivot: 1.3125
Our preference: Short positions below 1.3125 with targets @ 1.306 & 1.303 in extension.
Alternative scenario: Above 1.3125 look for further upside with 1.314 & 1.316 as targets.
Comment: the pair is posting a rebound but stands below its previous high.
Key levels
1.316
1.314
1.3125
1.3085 last
1.306
1.303
1.2995
EUR/JPY 15/4/2013
1 week Trend: (=) 1 month Trend:
(=)
EUR/JPY intraday: the downside prevails.
Pivot: 129
Our preference: Short positions below 129 with targets @ 127.6 & 127.25 in extension.
Alternative scenario: Above 129 look for further upside with 129.7 & 130.2 as targets.
Comment: the pair is posting a rebound but stands below its resistance, the RSI stands below its neutrality area.
Key levels
130.2
129.7
129
128.36 last
127.6
127.25
126.7
Technical Analysis – Time MetaTrader4
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