Forex Trend Prediction Mar 27, 2013
USD/CHF 27/03/2013
1 week Trend: (=) 1 month Trend: (=)
USD/CHF intraday: the upside prevails.
Pivot: 0.9465
Our preference: Long positions above 0.9465 with targets @ 0.953 & 0.955 in extension.
Alternative scenario: Below 0.9465 look for further downside with 0.9445 & 0.941 as targets.
Comment: the pair is rebounding and is breaking above its resistance.
Key levels
0.9565
0.955
0.953
0.95085 last
0.9465
0.9445
0.941
USD/JPY 27/03/2013
1 week Trend: (=) 1 month Trend: (=)
USD/JPY intraday: the upside prevails.
Pivot: 94.25
Our preference: Long positions above 94.25 with targets @ 94.95 & 95.2 in extension.
Alternative scenario: Below 94.25 look for further downside with 93.95 & 93.5 as targets.
Comment: the pair is facing a pull back on its new support ahead of a rebound.
Key levels
95.65
95.2
94.95
94.534 last
94.25
93.95
93.5
GBP/USD 27/03/2013
1 week Trend: (=) 1 month Trend: (=)
GBP/USD intraday: the downside prevails.
Pivot: 1.5185
Our preference: Short positions below 1.5185 with targets @ 1.5105 & 1.507 in extension.
Alternative scenario: Above 1.5185 look for further upside with 1.521 & 1.525 as targets.
Comment: the pair is breaking below its sypport and should face further weakness as the RSI is badly directed.
Key levels
1.525
1.521
1.5185
1.5132 last
1.5105
1.507
1.5025
EUR/USD 27/03/2013
1 week Trend: (=) 1 month Trend: (=)
EUR/USD intraday: the downside prevails.
Pivot: 1.2855
Our preference: Short positions below 1.2855 with targets @ 1.2785 & 1.2755 in extension.
Alternative scenario: Above 1.2855 look for further upside with 1.2895 & 1.292 as targets.
Comment: the pair has broken below its previous low and should face further weakness as the RSI is badly directed.
Key levels
1.292
1.2895
1.2855
1.28065 last
1.2785
1.2755
1.273
Technical Analysis – Time MetaTrader4
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