EUR/CHF                  26/02/2013

1 week Trend:   (=)  1 month Trend:  (=)
EUR/CHF intraday: the downside prevails.
Pivot: 1.22

Our preference: Short positions below 1.22 with targets @ 1.212 & 1.21 in extension.

Alternative scenario: Above 1.22 look for further upside with 1.225 & 1.227 as targets.

Comment: as long as the resistance at 1.22 is not surpassed, the risk of the break below 1.212 remains high.

Key levels
1.227
1.225
1.22
1.21694 last
1.212
1.21
1.2075

NZD/USD                  26/02/2013 

1 week Trend:  (=)  1 month Trend:  (=)
NZD/USD intraday: under pressure.
Pivot: 0.838

Our preference: Short positions below 0.838 with targets @ 0.8305 & 0.8285 in extension.

Alternative scenario: Above 0.838 look for further upside with 0.8415 & 0.845 as targets.

Comment: the pair has broken below the lower boundary of an intraday bullish channel.

Key levels
0.845
0.8415
0.838
0.8317 last
0.8305
0.8285
0.826

AUD/USD                  26/02/2013

1 week Trend:  (=)  1 month Trend:  (=)
AUD/USD intraday: capped by a negative trend line.
Pivot: 1.0315

Our preference: Short positions below 1.0315 with targets @ 1.0215 & 1.02 in extension.

Alternative scenario: Above 1.0315 look for further upside with 1.034 & 1.0365 as targets.

Comment: the pair is capped by a declining trend line currently around 1.0315.

Key levels
1.0365
1.034
1.0315
1.02631 last
1.0215
1.02
1.017

GBP/USD                  26/02/2013   
1 week Trend:  (=)  1 month Trend:   (=)
GBP/USD intraday: key ST resistance at 1.523.
Pivot: 1.523

Our preference: Short positions below 1.523 with targets @ 1.512 & 1.508 in extension.

Alternative scenario: Above 1.523 look for further upside with 1.528 & 1.533 as targets.

Comment: the upward potential is likely to be limited by the resistance at 1.523.

Key levels
1.533
1.528
1.523
1.5185 last
1.512
1.508
1.504

EUR/USD                  26/02/2013

1 week Trend:   (=)  1 month Trend:  (=)
EUR/USD intraday: the downside prevails.
Pivot: 1.3145

Our preference: Short positions below 1.3145 with targets @ 1.3045 & 1.301 in extension.

Alternative scenario: Above 1.3145 look for further upside with 1.3205 & 1.325 as targets.

Comment: the pair is rebounding but stands below its new resistance (former support).

Key levels
1.325
1.3205
1.3145
1.30968 last
1.3045
1.301
1.299

IBEX                          26/02/2013

1 week Trend:  (=)  1 month Trend:   (=)
IBEX‏ (Mar 13) intraday: under pressure.
Pivot: 8400

Our preference: SHORT positions below 8400 with 7866 & 7670 as next targets.

Alternative scenario: The upside breakout of 8400 will open the way to 8525 & 8750.

Comment:the RSI advocates for further decline.

Trend: ST Bullish; MT Bullish

Key levels Comment

8750** Intraday resistance
8525** Intraday resistance
8400** Intraday pivot point
7990 Last
7866** Intraday support
7670** Intraday support
7485** Intraday support

Technical Analysis – Time MetaTrader4