AUD/CAD                   27/8/2013

1 week Trend:   (=)  1 month Trend:  (=)
AUD/CAD intraday: the RSI is oversold
Our pivot point is at 0.944.

Our preference: the downside prevails as long as 0.944 is resistance.

Alternative scenario: the upside breakout of 0.944, would call for 0.946 and 0.947.

Comment: the RSI is below 30. It could either mean that the pair is in a lasting downtrend or just oversold and therefore bound to retrace (look for bullish divergence in this case). The MACD is below its signal line and negative. The configuration is negative. Moreover, the pair is trading under both its 20 and 50 MAs (respectively at 0.9474 and 0.9467).

Supports and resistances:
0.946 *
0.944 **
0.943
0.942068 last
0.938
0.937 **
0.936 *

EUR/NZD                   27/8/2013

1 week Trend:  (=)  1 month Trend:   (=)
EUR/NZD ST: the upside prevails as long as 1.676 is support
Our pivot point stands at 1.676.

Our preference: the upside prevails as long as 1.676 is support.

Alternative scenario: below 1.676, expect 1.646 and 1.628.

Comment: the RSI is above its neutrality area at 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the pair is above its 20 and 50 MAs (respectively at 1.6782 and 1.671).

Supports and resistances:
1.793 *
1.775 **
1.757
1.713 last
1.688
1.676 **
1.646 *

EUR/USD                   27/8/2013
 

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

Our preference: Long positions above 1.333 with targets @ 1.3365 & 1.341 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 and is challenging its support, caution.

Key levels
1.345
1.341
1.3365
1.33367 last
1.333
1.3295
1.327

Gold                           27/8/2013

1 week Trend:  (=)  1 month Trend:   (=)
GOLD‏ (Spot) intraday: the bias remains bullish.
Pivot: 1397.00

Our preference: LONG positions above 1397 with targets @ 1415 & 1423.

Alternative scenario: The downside penetration of 1397 will call for 1390 & 1384.

Comment: the immediate trend remains up and the momentum is strong.

Trend: ST Bullish; MT Ltd upside

Key levels Comment

1440** Intraday resistance
1423** Intraday resistance
1415** Intraday resistance
1411.7 Last
1397** Intraday pivot point
1390** Intraday support
1384*** Intraday support

Technical Analysis – Time MetaTrader4