USD/JPY                   19/8/2013

1 week Trend:   (=)  1 month Trend:  (=)
USD/JPY intraday: key ST resistance at 98.
Pivot: 98

Our preference: Short positions below 98 with targets @ 96.95 & 96.4 in extension.

Alternative scenario: Above 98 look for further upside with 98.3 & 98.65 as targets.

Comment: the pair stands below its resistance and remains under pressure.

Key levels
98.65
98.3
98
97.645 last
96.95
96.4
95.9

EUR/USD                   19/8/2013

1 week Trend:   (=)  1 month Trend:  (=)
EUR/USD intraday: key resistance at 1.3365.
Pivot: 1.3365

Our preference: Short positions below 1.3365 with targets @ 1.3305 & 1.327 in extension.

Alternative scenario: Above 1.3365 look for further upside with 1.338 & 1.34 as targets.

Comment: the pair is rebounding on its support but should be capped by its next resistance.

Key levels
1.34
1.338
1.3365
1.33319 last
1.3305
1.327
1.3235

Gold                           19/8/2013

1 week Trend:  (=)  1 month Trend:  (=)
GOLD‏ (Spot) intraday: the bias remains bullish.
Pivot: 1357.00

Our preference: LONG positions above 1357 with 1394 & 1409 in sight.

Alternative scenario: The downside penetration of 1357 will call for a slide towards 1342 & 1318.

Comment: the RSI lacks downward momentum.

Trend: ST Ltd upside; MT Range

Key levels Comment

1421** Intraday resistance
1409** Intraday resistance
1394** Intraday resistance
1374.9 Last
1357*** Intraday pivot point
1342** Intraday support
1318** Intraday support

Silver                           19/8/2013
 

1 week Trend:  (=)  1 month Trend:   (=)
SILVER‏ (Spot) intraday: further advance.
Pivot: 22.75

Our preference: LONG positions above 22.75 with 23.85 & 24.2 as next targets.

Alternative scenario: The downside penetration of 22.75 will call for 22.15 & 21.25.

Comment: the RSI lacks downward momentum.

Trend: ST Range; MT Range

Key levels Comment

24.7** Intraday resistance
24.2* Intraday resistance
23.85** Intraday resistance
23.313 Last
22.75*** Intraday pivot point
22.15** Intraday support
21.25** Intraday support

Technical Analysis – Time MetaTrader4