USD/CAD              20/3/2013
 

1 week Trend:   (=) 1 month Trend:  (=)
USD/CAD intraday: further advance.
Pivot: 1.0245

Our preference: Long positions above 1.0245 with targets @ 1.0295 & 1.0315 in extension.

Alternative scenario: Below 1.0245 look for further downside with 1.0225 & 1.0195 as targets.

Comment: the pair remains on the upside and should reach its previous high as the RSI is well directed.

Key levels
1.0335
1.0315
1.0295
1.0267 last
1.0245
1.0225
1.0195

NZD/USD              20/3/2013
 

1 week Trend:  (=) 1 month Trend:  (=)
NZD/USD intraday: caution.
Pivot: 0.821

Our preference: Long positions above 0.821 with targets @ 0.825 & 0.827 in extension.

Alternative scenario: Below 0.821 look for further downside with 0.8185 & 0.8155 as targets.

Comment: the pair is facing a pull back and is challenging its support, caution.

Key levels
0.828
0.827
0.825
0.82273 last
0.821
0.8185
0.8155

EUR/USD              20/3/2013

1 week Trend:  (=) 1 month Trend:  (=)
EUR/USD intraday: under pressure.
Pivot: 1.2915

Our preference: Short positions below 1.2915 with targets @ 1.284 & 1.2815 in extension.

Alternative scenario: Above 1.2915 look for further upside with 1.298 & 1.304 as targets.

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

Key levels
1.304
1.298
1.2915
1.2903 last
1.284
1.2815
1.2765

Technical Analysis – Time MetaTrader4