USD/JPY                    30/8/2013

1 week Trend:   (=)   1 month Trend:  (=)
USD/JPY intraday: the bias remains bullish.
Pivot: 97.75

Our preference: Long positions above 97.75 with targets @ 98.5 & 98.75 in extension.

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

Comment: the pair is rebounding on its support as the RSI is turning up.

Key levels
99.15
98.75
98.5
98.12 last
97.75
97.4
97.2

EUR/USD                    30/8/2013

1 week Trend:  (=)   1 month Trend:  (=)
EUR/USD intraday: the downside prevails.
Pivot: 1.328

Our preference: Short positions below 1.328 with targets @ 1.321 & 1.3185 in extension.

Alternative scenario: Above 1.328 look for further upside with 1.3305 & 1.334 as targets.

Comment: the pair is posting a rebound but stands below its resistance.

Key levels
1.334
1.3305
1.328
1.3239 last
1.321
1.3185
1.316

EUR/GBP                    30/8/2013

1 week Trend:  (=)   1 month Trend:   (=)
EUR/GBP intraday: under pressure.
Pivot: 0.8555

Our preference: Short positions below 0.8555 with targets @ 0.8515 & 0.85 in extension.

Alternative scenario: Above 0.8555 look for further upside with 0.857 & 0.8585 as targets.

Comment: the pair is rebounding but stands below its resistance, the RSI lacks upward momentum.

Key levels
0.8585
0.857
0.8555
0.85458 last
0.8515
0.85
0.8485

Gold                            30/8/2013

1 week Trend:   (=)   1 month Trend:  (=)
GOLD‏ (Spot) intraday: the downside prevails.
Pivot: 1412.00

Our preference: SHORT positions below 1412 with targets @ 1390 & 1384.

Alternative scenario: The upside penetration of 1412 will call for 1422 & 1430.

Comment: as long as 1412 is resistance, look for choppy price action with a bearish bias.

Trend: ST Bullish; MT Ltd upside

Key levels Comment

1430** Intraday resistance
1422** Intraday resistance
1412*** Intraday pivot point
1396.53 Last
1390** Intraday support
1384** Intraday support
1378** Intraday support

Technical Analysis – Time MetaTrader4