GBP/USD               5/4/2013
  

1 week Trend:   (=) 1 month Trend:  (=)
GBP/USD intraday: the bias remains bullish.
Pivot: 1.5175

Our preference: Long positions above 1.5175 with targets @ 1.526 & 1.532 in extension.

Alternative scenario: Below 1.5175 look for further downside with 1.515 & 1.511 as targets.

Comment: the pair has struck against its resistance and is facing a pull back on its new support.

Key levels
1.541
1.532
1.526
1.5204 last
1.5175
1.515
1.511

EUR/USD               5/4/2013

1 week Trend:  (=) 1 month Trend:  (=)
EUR/USD intraday: the bias remains bullish.
Pivot: 1.288

Our preference: Long @ 1.289 with targets @ 1.295 & 1.297 in extension.

Alternative scenario: Below 1.288 look for further downside with 1.284 & 1.2805 as targets.

Comment: the pair is facing a pull back on its support ahead of a rebound.

Key levels
1.2995
1.297
1.295
1.29039 last
1.288
1.284
1.2805

EUR/JPY                    5/4/2013 

1 week Trend:  (=)  1 month Trend:  (=)
EUR/JPY intraday: further advance.
Pivot: 123.5

Our preference: Long @ 123.6 with targets @ 125.6 & 126.15 in extension.

Alternative scenario: Below 123.5 look for further downside with 122.6 & 121.6 as targets.

Comment: the pair is rebounding on its support and should post further advance as the RSI is reversing up.

Key levels
127.4
126.15
125.6
124.341 last
123.5
122.6
121.6

Technical Analysis – Time MetaTrader4