GBP/USD              23/4/2013

1 week Trend:   (=) 1 month Trend:  (=)
GBP/USD intraday: rebound.
Pivot: 1.5245

Our preference: Long positions above 1.5245 with targets @ 1.5315 & 1.5375 in extension.

Alternative scenario: Below 1.5245 look for further downside with 1.521 & 1.517 as targets.

Comment: the pair is rebounding on its support as the RSI is reversing up.

Key levels
1.541
1.5375
1.5315
1.5269 last
1.5245
1.521
1.517

EUR/USD                   23/4/2013

1 week Trend:  (=)  1 month Trend:  (=)
EUR/USD intraday: under pressure.
Pivot: 1.3085

Our preference: Short positions below 1.3085 with targets @ 1.303 & 1.301 in extension.

Alternative scenario: Above 1.3085 look for further upside with 1.3115 & 1.315 as targets.

Comment: the pair is rebounding and is challenging its resistance.

Key levels
1.315
1.3115
1.3085
1.3074 last
1.303
1.301
1.2985

AUD/USD                   23/4/2013
 

1 week Trend:  (=)  1 month Trend:  (=)
AUD/USD intraday: the downside prevails.
Pivot: 1.0275

Our preference: Short @ 1.0255 with targets @ 1.022 & 1.02 in extension.

Alternative scenario: Above 1.0275 look for further upside with 1.031 & 1.0355 as targets.

Comment: the pair is trading in an intraday bearish channel.

Key levels
1.0355
1.031
1.0275
1.02343 last
1.022
1.02
1.0175

Technical Analysis – Time MetaTrader4