EUR/USD                   29/8/2013

1 week Trend:   (=)  1 month Trend:  (=)
EUR/USD intraday: the downside prevails.
Pivot: 1.3305.

Our preference: SHORT positions below 1.3305 with 1.3235 & 1.321 as next targets.

Alternative scenario: The upside penetration of 1.3305 will call for 1.334 & 1.336.

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

Trend: ST Ltd Upside; MT Range

Key levels Comment

1.336*** Horizontal resistance
1.334** Horizontal resistance
1.3305*** Intraday pivot point
1.3261 Last
1.3235*** Intraday support
1.321** Intraday support
1.3185*** Intraday support

USD/JPY                   29/8/2013

1 week Trend:  (=)  1 month Trend:   (=)
USD/JPY intraday: further advance.
Pivot: 97.75

Our preference: Long positions above 97.75 with targets @ 98.35 & 98.75 in extension.

Alternative scenario: Below 97.75 look for further downside with 97.4 & 97.2 as targets.

Comment: the pair has rebounded and is breaking above its resistance.

Key levels
99.15
98.75
98.35
98.16 last
97.75
97.4
97.2

Gold                           29/8/2013
1 week Trend:   (=)  1 month Trend:  (=)
GOLD‏ (Spot) intraday: the downside prevails.
Pivot: 1422.00

Our preference: SHORT positions below 1422 with targets @ 1395 & 1384.

Alternative scenario: The upside penetration of 1422 will call for a rebound towards 1430 & 1440.

Comment: gold prices broke below the rising trend line. The 50 moving average is turning down.

Trend: ST Bullish; MT Ltd upside

Key levels Comment

1440* Fib projection
1430** Intraday resistance
1422*** Intraday pivot point
1412.1 Last
1395** Intraday support
1384** Intraday support
1378** Intraday support

Technical Analysis – Time MetaTrader4