NZD/USD                   13/8/2013

1 week Trend:   (=)  1 month Trend:  (=)
NZD/USD intraday: break of a ST rising trendline support.
Pivot: 0.8055

Our preference: Short positions below 0.8055 with targets @ 0.793 & 0.788 in extension.

Alternative scenario: Above 0.8055 look for further upside with 0.81 & 0.8135 as targets.

Comment: the RSI is capped by a declining trend line.

Key levels
0.8135
0.81
0.8055
0.7991 last
0.793
0.788
0.784

USD/CAD                   13/8/2013
 

1 week Trend:   (=)  1 month Trend:  (=)
USD/CAD intraday: key ST resistance at 1.0355.
Pivot: 1.0355

Our preference: Short positions below 1.0355 with targets @ 1.027 & 1.0245 in extension.

Alternative scenario: Above 1.0355 look for further upside with 1.04 & 1.044 as targets.

Comment: the upward potential is likely to be limited by the resistance at 1.0355.

Key levels
1.044
1.04
1.0355
1.0329 last
1.027
1.0245
1.0195

EUR/USD                   13/8/2013

1 week Trend:  (=)  1 month Trend:  (=)
EUR/USD intraday: under pressure.
Pivot: 1.333

Our preference: Short positions below 1.333 with targets @ 1.326 & 1.3225 in extension.

Alternative scenario: Above 1.333 look for further upside with 1.3365 & 1.339 as targets.

Comment: the pair has broken below a rising trend line and remains under pressure.

Key levels
1.339
1.3365
1.333
1.3287 last
1.326
1.3225
1.319

Gold                           13/8/2013
 

1 week Trend:  (=)  1 month Trend:   (=)
GOLD‏ (Spot) intraday: turning down.
Pivot: 1349.00

Our preference: SHORT positions below 1349 with targets @ 1330 & 1317.

Alternative scenario: The upside penetration of 1349 will call for 1359 & 1377.

Comment: gold prices are breaking below the channel support. As long as the resistance at 1349 is not surpassed, the risk of the break below 1330 remains high.

Trend: ST Ltd downside; MT Bearish

Key levels Comment

1377** Intraday resistance
1359** Intraday resistance
1349*** Intraday pivot point
1333.3 Last
1330** Intraday support
1317** Intraday support
1305** Intraday support

Technical Analysis – Time MetaTrader4