EUR/CHF                    8/8/2013

1 week Trend:   (=)  1 month Trend:  (=)
EUR/CHF intraday: bullish bias above 1.227.
Pivot: 1.227

Our preference: Long positions above 1.227 with targets @ 1.2325 & 1.2355 in extension.

Alternative scenario: Below 1.227 look for further downside with 1.2235 & 1.2215 as targets.

Comment: a support base at 1.227 has formed and has allowed for a temporary stabilisation.

Key levels
1.239
1.2355
1.2325
1.23 last
1.227
1.2235
1.2215

EUR/USD                    8/8/2013 

1 week Trend:  (=)  1 month Trend:  (=)
EUR/USD intraday: the bias remains bullish.
Pivot: 1.329

Our preference: Long positions above 1.329 with targets @ 1.338 & 1.3415 in extension.

Alternative scenario: Below 1.329 look for further downside with 1.3265 & 1.323 as targets.

Comment: the pair remains on the upside and is breaking above its previous high.

Key levels
1.345
1.3415
1.338
1.33523 last
1.329
1.3265
1.323

NZD/USD                    8/8/2013

1 week Trend:  (=)  1 month Trend:  (=)
NZD/USD intraday: bullish bias above 0.791.
Pivot: 0.791

Our preference: Long positions above 0.791 with targets @ 0.8015 & 0.806 in extension.

Alternative scenario: Below 0.791 look for further downside with 0.784 & 0.779 as targets.

Comment: the break above 0.791 is a positive signal that has opened a path to 0.8015.

Key levels
0.81
0.806
0.8015
0.79664 last
0.791
0.784
0.779

Gold                            8/8/2013

1 week Trend:   (=)  1 month Trend:  (=)
GOLD‏ (Spot) intraday: bullish bias above 1282
Pivot: 1282.00

Our preference: LONG positions above 1282 with targets @ 1297 & 1307.

Alternative scenario: The downside penetration of 1282 will call for 1273 & 1266.

Comment: the price has broken above the upper end of a declining channel. The 50 moving average is turning upward and is a possible area of support.

Trend: ST Ltd downside; MT Bearish

Key levels Comment

1320** Intraday resistance
1307** Intraday resistance
1297** Intraday resistance
1288.8 Last
1282** Intraday pivot point
1273*** Intraday support
1266** Intraday support

Technical Analysis – Time MetaTrader4