USD/CHF                    4/3/2013

1 week Trend:   (=)  1 month Trend:  (=)
USD/CHF intraday: the bias remains bullish.
Pivot: 0.9375

Our preference: Long positions above 0.9375 with targets @ 0.947 & 0.949 in extension.

Alternative scenario: Below 0.9375 look for further downside with 0.934 & 0.931 as targets.

Comment: the pair stands above its new support and should post further advance towards its previous high.

Key levels
0.951
0.949
0.947
0.94286 last
0.9375
0.934
0.931

USD/JPY                    4/3/2013

1 week Trend:  (=)  1 month Trend:   (=)
USD/JPY intraday: the upside prevails.
Pivot: 93.1

Our preference: Long positions above 93.1 with targets @ 93.9 & 94.3 in extension.

Alternative scenario: Below 93.1 look for further downside with 92.7 & 92 as targets.

Comment: the pair has rebounded on its new support and should post further advance as the RSI is well directed.

Key levels
94.75
94.3
93.9
93.649 last
93.1
92.7
92

GBP/USD                    4/3/2013

1 week Trend:   (=)  1 month Trend:  (=)
GBP/USD intraday: under pressure.
Pivot: 1.509

Our preference: Short positions below 1.509 with targets @ 1.498 & 1.495 in extension.

Alternative scenario: Above 1.509 look for further upside with 1.515 & 1.522 as targets.

Comment: the pair stands below its new resistance (former support) and remains under pressure, the RSI stands around its neutrality area.

Key levels
1.522
1.515
1.509
1.5037 last
1.498
1.495
1.492

EUR/USD                    4/3/2013

1 week Trend:  (=)  1 month Trend:  (=)
EUR/USD intraday: key resistance at 1.305.
Pivot: 1.305

Our preference: Short positions below 1.305 with targets @ 1.297 & 1.2945 in extension.

Alternative scenario: Above 1.305 look for further upside with 1.3095 & 1.313 as targets.

Comment: the pair remains capped by a declining trend line and remains under pressure, the RSI stands around its neutrality area.

Key levels
1.313
1.3095
1.305
1.30134 last
1.297
1.2945
1.291

Technical Analysis –  Time MetaTrader4