USD/JPY                   28/8/2013

1 week Trend:   (=)  1 month Trend:  (=)
USD/JPY intraday: the downside prevails.
Pivot: 97.65

Our preference: Short positions below 97.65 with targets @ 96.85 & 96.5 in extension.

Alternative scenario: Above 97.65 look for further upside with 98.05 & 98.35 as targets.

Comment: the pair has struck against its resistance and remains under pressure.

Key levels
98.35
98.05
97.65
97.354 last
96.85
96.5
96.1

GBP/JPY                   28/8/2013

1 week Trend:   (=)  1 month Trend:  (=)
GBP/JPY intraday: under pressure.
Pivot: 151.45

Our preference: Short positions below 151.45 with targets @ 150.4 & 149.85 in extension.

Alternative scenario: Above 151.45 look for further upside with 151.95 & 152.6 as targets.

Comment: the pair has struck against its resistance and remains under pressure.

Key levels
152.6
151.95
151.45
150.854 last
150.4
149.85
149.2

EUR/USD                   28/8/2013

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 stands above its support and remains on the upside, the RSI is turning up.

Key levels
1.3485
1.345
1.341
1.3376 last
1.333
1.3295
1.327

Gold                           28/8/2013

1 week Trend:  (=)  1 month Trend:   (=)
GOLD‏ (Spot) intraday: bullish bias above 1411
Pivot: 1411.00

Our preference: LONG positions above 1411 with targets @ 1440 & 1446.

Alternative scenario: The downside penetration of 1411 will call for 1395 & 1384.

Comment: the price and the RSI are supported by rising trend lines.

Trend: ST Bullish; MT Ltd upside

Key levels Comment

1462** Intraday resistance
1446* Fib projection
1440** Intraday resistance
1424.9 Last
1411** Intraday pivot point
1395** Intraday support
1384*** Intraday support

Technical Analysis – Time MetaTrader4