EUR/GBP                        8/4/2013   

1 week Trend:   (=)   1 month Trend:  (=)
EUR/GBP intraday: under pressure.
Pivot: 0.8495

Our preference: Short positions below 0.8495 with targets @ 0.846 & 0.844 in extension.

Alternative scenario: Above 0.8495 look for further upside with 0.8515 & 0.8535 as targets.

Comment: the pair stands below its resistance and remains under pressure, the RSI stands below its neutrality area.

Key levels
0.8535
0.8515
0.8495
0.84744 last
0.846
0.844
0.8425

EUR/USD               8/4/2013
 

1 week Trend:  (=) 1 month Trend:  (=)
EUR/USD intraday: the upside prevails.
Pivot: 1.2935.

Our preference: LONG positions above 1.2935 with 1.304 & 1.307 as next targets.

Alternative scenario: The downside breakout of 1.2935 will open the way to 1.288 & 1.284.

Comment: the pair is facing a pull back ahead of further advance, the RSI lacks downward momentum.

Trend: ST Ltd Downside; MT Range

Key levels Comment

1.3105** Horizontal resistance
1.307** Horizontal resistance
1.304*** Horizontal resistance
1.298 Last
1.2935** Intraday pivot point
1.288*** Intraday support
1.284*** Intraday support

EUR/JPY               8/4/2013

1 week Trend:  (=) 1 month Trend:   (=)
EUR/JPY intraday: further advance.
Pivot: 125.5

Our preference: Long positions above 125.5 with targets @ 128.3 & 129.1 in extension.

Alternative scenario: Below 125.5 look for further downside with 123.85 & 122.6 as targets.

Comment: the pair has broken above its previous high and should post further advance as the RSI is well directed.

Key levels
130.65
129.1
128.3
127.97 last
125.5
123.85
122.6

Technical Analysis – Time MetaTrader4