NZD/USD              24/4/2013

1 week Trend:   (=) 1 month Trend:  (=)
NZD/USD intraday: further advance.
Pivot: 0.844

Our preference: Long positions above 0.844 with targets @ 0.848 & 0.851 in extension.

Alternative scenario: Below 0.844 look for further downside with 0.841 & 0.8385 as targets.

Comment: the RSI is bullish and calls for further upside.

Key levels
0.856
0.851
0.848
0.84653 last
0.844
0.841
0.8385

GBP/USD                   24/4/2013

1 week Trend:  (=)  1 month Trend:  (=)
GBP/USD intraday: intraday support around 1.522.
Pivot: 1.522

Our preference: Long positions above 1.522 with targets @ 1.5285 & 1.5315 in extension.

Alternative scenario: Below 1.522 look for further downside with 1.5195 & 1.517 as targets.

Comment: the pair is facing a pull back on its new support, the RSI stands around its neutrality area.

Key levels
1.534
1.5315
1.5285
1.5249 last
1.522
1.5195
1.517

EUR/USD                   24/4/2013

1 week Trend:  (=)  1 month Trend:  (=)
EUR/USD intraday: under pressure.
Pivot: 1.3025

Our preference: Short @ 1.3015 with targets @ 1.2965 & 1.2945 in extension.

Alternative scenario: Above 1.3025 look for further upside with 1.305 & 1.3085 as targets.

Comment: the pair is validating a continuation triangle and should face further weakness as the RSI is capped by a declining trend line.

Key levels
1.3085
1.305
1.3025
1.29849 last
1.2965
1.2945
1.2895

Technical Analysis – Time MetaTrader4