EUR/USD                   26/8/2013

1 week Trend:   (=)  1 month Trend:  (=)
EUR/USD intraday: the upside prevails.
Pivot: 1.333

Our preference: Long positions above 1.333 with targets @ 1.341 & 1.345 in extension.

Alternative scenario: Below 1.333 look for further downside with 1.3295 & 1.327 as targets.

Comment: the pair is facing a pull back on its support ahead of further advance.

Key levels
1.349
1.345
1.341
1.33726 last
1.333
1.3295
1.327

USD/CAD                   26/8/2013

1 week Trend:  (=)  1 month Trend:  (=)
USD/CAD intraday: consolidation.
Pivot: 1.0535

Our preference: Short positions below 1.0535 with targets @ 1.0485 & 1.0465 in extension.

Alternative scenario: Above 1.0535 look for further upside with 1.057 & 1.061 as targets.

Comment: the pair has broken below a key rising trend line and stands below its resistance.

Key levels
1.061
1.057
1.0535
1.0513 last
1.0485
1.0465
1.0445

Silver                           26/8/2013

1 week Trend:  (=)  1 month Trend:   (=)
SILVER‏ (Spot) intraday: 24.8 expected
Pivot: 23.60

Our preference: LONG positions above 23.6 with targets @ 24.8 & 25.2.

Alternative scenario: The downside penetration of 23.6 will call for a slide towards 23.3 & 22.85.

Comment: the RSI is supported by a rising trend line.

Trend: ST Bullish; MT Ltd upside

Key levels Comment

25.6** Intraday resistance
25.2** Intraday resistance
24.8** Intraday resistance
24.08 Last
23.6*** Intraday pivot point
23.3** Intraday support
22.85** Intraday support

Gold                           26/8/2013
  

1 week Trend:   (=)  1 month Trend:  (=)
GOLD‏ (Spot) intraday: the bias remains bullish.
Pivot: 1376.00

Our preference: LONG positions above 1376 with 1407 & 1423 in sight.

Alternative scenario: The downside breakout of 1376 will open the way to 1365 & 1352.

Comment: the RSI is above its neutrality area at 50%.

Trend: ST Bullish; MT Ltd upside

Key levels Comment

1440** Intraday resistance
1423** Intraday resistance
1407** Intraday resistance
1396.05 Last
1376*** Intraday pivot point
1365** Intraday support
1352** Intraday support

Technical Analysis – Time MetaTrader4