USD/JPY                   15/8/2013

1 week Trend:   (=)  1 month Trend:  (=)
USD/JPY intraday: under pressure.
Pivot: 98.4

Our preference: Short positions below 98.4 with targets @ 97.55 & 96.95 in extension.

Alternative scenario: Above 98.4 look for further upside with 98.85 & 99.15 as targets.

Comment: the pair remains under pressure and is challenging its support.

Key levels
99.15
98.85
98.4
97.839 last
97.55
96.95
96.4

EUR/USD                   15/8/2013

1 week Trend:   (=)  1 month Trend:  (=)
EUR/USD intraday: the upside prevails.
Pivot: 1.327

Our preference: Long positions above 1.327 with targets @ 1.3315 & 1.3345 in extension.

Alternative scenario: Below 1.327 look for further downside with 1.325 & 1.3225 as targets.

Comment: the pair is facing a pull back and is challenging its new support.

Key levels
1.337
1.3345
1.3315
1.32834 last
1.327
1.325
1.3225

EUR/GBP                   15/8/2013

1 week Trend:  (=)  1 month Trend:  (=)
EUR/GBP intraday: key resistance at 0.858.
Pivot: 0.858

Our preference: Short positions below 0.858 with targets @ 0.852 & 0.85 in extension.

Alternative scenario: Above 0.858 look for further upside with 0.861 & 0.8625 as targets.

Comment: the pair has struck against its resistance and remains on the downside as the RSI is badly directed.

Key levels
0.8625
0.861
0.858
0.8528 last
0.852
0.85
0.848

Gold                           15/8/2013

1 week Trend:  (=)  1 month Trend:   (=)
GOLD‏ (Spot) intraday: the bias remains bullish.
Pivot: 1330.00

Our preference: LONG positions above 1330 with 1346.5 & 1355 as next targets.

Alternative scenario: The downside penetration of 1330 will call for a slide towards 1315 & 1305.

Comment: the break above 1330 is a positive signal that has opened a path to 1346.5.

Trend: ST Ltd downside; MT Bearish

Key levels Comment

1370*** Intraday resistance
1355** Intraday resistance
1346.5** Intraday resistance
1338.1 Last
1330** Intraday pivot point
1315** Intraday support
1305** Intraday support

Technical Analysis – Time MetaTrader4