Forex Trend Prediction June 28, 2013
GBP/USD 28/6/2013
1 week Trend: (=) 1 month Trend: (=)
GBP/USD intraday: key ST resistance at 1.53.
Pivot: 1.53
Our preference: Short positions below 1.53 with targets @ 1.522 & 1.5185 in extension.
Alternative scenario: Above 1.53 look for further upside with 1.5345 & 1.54 as targets.
Comment: the pair stands below its resistance and remains under pressure.
Key levels
1.54
1.5345
1.53
1.5246 last
1.522
1.5185
1.5135
GBP/JPY 28/6/2013
1 week Trend: (=) 1 month Trend: (=)
GBP/JPY intraday: the upside prevails.
Pivot: 150
Our preference: Long positions above 150 with targets @ 151.15 & 151.45 in extension.
Alternative scenario: Below 150 look for further downside with 149.5 & 149.15 as targets.
Comment: the pair remains on the upside and is challenging its resistance.
Key levels
151.9
151.45
151.15
151.011 last
150
149.5
149.15
EUR/CHF 28/6/2013
1 week Trend: (=) 1 month Trend: (=)
EUR/CHF intraday: continuation of the rebound.
Pivot: 1.2285
Our preference: Long positions above 1.2285 with targets @ 1.236 & 1.2385 in extension.
Alternative scenario: Below 1.2285 look for further downside with 1.227 & 1.2245 as targets.
Comment: the RSI is well directed.
Key levels
1.2415
1.2385
1.236
1.2335 last
1.2285
1.227
1.2245
EUR/GBP 28/6/2013
1 week Trend: (=) 1 month Trend: (=)
EUR/GBP intraday: the upside prevails.
Pivot: 0.8515
Our preference: Long positions above 0.8515 with targets @ 0.8575 & 0.859 in extension.
Alternative scenario: Below 0.8515 look for further downside with 0.8495 & 0.848 as targets.
Comment: the pair remains on the upside and is approaching its resistance.
Key levels
0.861
0.859
0.8575
0.8557 last
0.8515
0.8495
0.848
EUR/USD 28/6/2013
1 week Trend: (=) 1 month Trend: (=)
EUR/USD intraday: the upside prevails.
Pivot: 1.301
Our preference: Long positions above 1.301 with targets @ 1.308 & 1.3115 in extension.
Alternative scenario: Below 1.301 look for further downside with 1.298 & 1.295 as targets.
Comment: the pair has struck against its resistance and is facing a pull back.
Key levels
1.315
1.3115
1.308
1.30465 last
1.301
1.298
1.295
Technical Analysis – Time MetaTrader4
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