EUR/CHF                   14/8/2013
 

1 week Trend:   (=)  1 month Trend:  (=)
EUR/CHF intraday: further advance.
Pivot: 1.238

Our preference: Long positions above 1.238 with targets @ 1.2455 & 1.2485 in extension.

Alternative scenario: Below 1.238 look for further downside with 1.2325 & 1.23 as targets.

Comment: the pair is supported by its 50-periods moving average and the RSI broke above a declining trend line.

Key levels
1.25
1.2485
1.2455
1.24155 last
1.238
1.2325
1.23

EUR/USD                   14/8/2013

1 week Trend:  (=)  1 month Trend:  (=)
EUR/USD intraday: the downside prevails.
Pivot: 1.3285

Our preference: Short positions below 1.3285 with targets @ 1.3225 & 1.319 in extension.

Alternative scenario: Above 1.3285 look for further upside with 1.3315 & 1.3345 as targets.

Comment: the pair stands below its resistance and should face further weakness as the RSI is badly directed.

Key levels
1.3345
1.3315
1.3285
1.3249 last
1.3225
1.319
1.316

EUR/JPY              14/8/2013

1 week Trend:  (=) 1 month Trend:  (=)
EUR/JPY intraday: bullish bias above 129.55.
Pivot: 129.55

Our preference: Long positions above 129.55 with targets @ 130.85 & 131.15 in extension.

Alternative scenario: Below 129.55 look for further downside with 129.05 & 128.7 as targets.

Comment: the pair stands above its support and remains on the upside.

Key levels
131.55
131.15
130.85
130.17 last
129.55
129.05
128.7

Gold                           14/8/2013
 

1 week Trend:  (=)  1 month Trend:   (=)
GOLD‏ (Spot) intraday: key ST resistance at 1330
Pivot: 1330.00

Our preference: SHORT positions @ 1327 with 1315 & 1305 as next targets.

Alternative scenario: The upside penetration of 1330 will call for a rebound towards 1344 & 1349.

Comment: as long as the resistance at 1330 is not surpassed, the risk of the break below 1315 remains high.

Trend: ST Ltd downside; MT Bearish

Key levels Comment

1349*** Intraday resistance
1344** Intraday resistance
1330** Intraday pivot point
1325.4 Last
1315** Intraday support
1305** Intraday support
1297** Intraday support

Technical Analysis – Time MetaTrader4