USD/CAD                   19/7/2013
 

1 week Trend:   (=)  1 month Trend:  (=)
USD/CAD intraday: key ST resistance at 1.044.
Pivot: 1.044

Our preference: Short positions below 1.044 with targets @ 1.0355 & 1.0325 in extension.

Alternative scenario: Above 1.044 look for further upside with 1.047 & 1.052 as targets.

Comment: as long as the resistance at 1.044 is not surpassed, the risk of the break below 1.0355 remains high.

Key levels
1.052
1.047
1.044
1.03835 last
1.0355
1.0325
1.025

EUR/JPY                   19/7/2013

1 week Trend:  (=)  1 month Trend:  (=)
EUR/JPY intraday: supported by a rising trend line.
Pivot: 131

Our preference: Long positions above 131 with targets @ 132 & 132.5 in extension.

Alternative scenario: Below 131 look for further downside with 130.6 & 130 as targets.

Comment: the RSI has just landed on a support around 30% and is reversing up.

Key levels
132.85
132.5
132
131.546 last
131
130.6
130

EUR/USD                   19/7/2013

1 week Trend:  (=)  1 month Trend:   (=)
EUR/USD intraday: under pressure.
Pivot: 1.3175

Our preference: Short positions below 1.3175 with targets @ 1.3045 & 1.2995 in extension.

Alternative scenario: Above 1.3175 look for further upside with 1.3205 & 1.325 as targets.

Comment: as long as 1.3175 is resistance, likely decline to 1.3045.

Key levels
1.325
1.3205
1.3175
1.31029 last
1.3045
1.2995
1.292

Gold                           19/7/2013

1 week Trend:   (=)  1 month Trend:  (=)
GOLD‏ (Spot) intraday: the downside prevails.
Pivot: 1300.00

Our preference: SHORT positions below 1300 with targets @ 1279 & 1267.

Alternative scenario: The upside breakout of 1300 will open the way to 1320 & 1338.

Comment: as long as 1300 is resistance, look for choppy price action with a bearish bias.

Trend: ST Ltd downside; MT Bearish

Key levels Comment

1338** Fib retracement (61.8%)
1320** Intraday resistance
1300*** Intraday pivot point
1285.9 Last
1279** Intraday support
1267** Intraday support
1255** Fib retracement (61.8%)

Technical Analysis – Time MetaTrader4