USD/CHF                    6/8/2013   

1 week Trend:   (=)  1 month Trend:  (=)
USD/CHF intraday: the downside prevails.
Pivot: 0.93

Our preference: Short positions below 0.93 with targets @ 0.925 & 0.9225 in extension.

Alternative scenario: Above 0.93 look for further upside with 0.933 & 0.9355 as targets.

Comment: the pair is rebounding but stands below its resistance.

Key levels
0.9355
0.933
0.93
0.92767 last
0.925
0.9225
0.918

EUR/USD                    6/8/2013

1 week Trend:  (=)  1 month Trend:  (=)
EUR/USD intraday: bullish bias above 1.323
Pivot: 1.3230.

Our preference: LONG positions above 1.323 with 1.33 & 1.3345 in sight.

Alternative scenario: The downside breakout of 1.323 will open the way to 1.3195 & 1.3175.

Comment: the pair stands above its new support, the RSI is reversing up.

Trend: ST Ltd Downside; MT Range

Key levels Comment

1.338** Horizontal resistance
1.3345*** Horizontal resistance
1.33*** Horizontal resistance
1.3271 Last
1.323*** Intraday pivot point
1.3195** Intraday support
1.3175*** Intraday support

Gold                            6/8/2013
 

1 week Trend:   (=)  1 month Trend:  (=)
GOLD‏ (Spot) intraday: further upside.
Pivot: 1283.00

Our preference: LONG positions above 1283 with targets @ 1307 & 1320.

Alternative scenario: The downside breakout of 1283 will open the way to 1266 & 1244.

Comment: Gold prices hold above a key support threshold at 1283 while the RSI lacks downward momentum.

Trend: ST Ltd downside; MT Bearish

Key levels Comment

1339** Intraday resistance
1320** Intraday resistance
1307* Intraday resistance
1289.9 Last
1283*** Intraday pivot point
1266** Fib retracement (50%)
1244** Fib retracement (61.8%)

Technical Analysis – Time MetaTrader4