Gold  5/27/2013 6:32 AM  Ticker : GOLDS 

1 week Trend:   (=)        1 month Trend:  (=)

GOLD‏ (Spot) intraday: further advance.
Pivot: 1377.00

Our preference: LONG positions above 1377 with 1398 & 1419 in sight.

Alternative scenario: The downside breakout of 1377 will open the way to 1354 & 1336.

Comment: the RSI is bullish and calls for further advance. The break above 1398 would have strong bullish implications.

Trend: ST Bearish; MT Bearish

Key levels Comment

1430** Fib retracement (61.8%)
1419*** Intraday resistance
1398** Intraday resistance
1392.52 Last
1377** Intraday pivot point
1354** Intraday support
1336** Intraday support

 
GBP/USD  5/27/2013 8:28 AM  Ticker : GBP

1 week Trend:  (=)            1 month Trend:   (=)

GBP/USD intraday: the bias remains bullish.
Pivot: 1.507

Our preference: Long positions above 1.507 with targets @ 1.5155 & 1.522 in extension.

Alternative scenario: Below 1.507 look for further downside with 1.501 & 1.4955 as targets.

Comment: the pair has rebounded on its support and remains on the upside as the RSI is reversing up.

Key levels
1.526
1.522
1.5155
1.5135 last
1.507
1.501
1.4955

EUR/USD  5/27/2013 8:25 AM   Ticker : EUR 

1 week Trend:   (=)     1 month Trend:  (=)

EUR/USD intraday: intraday support around 1.29.
Pivot: 1.29

Our preference: Long positions above 1.29 with targets @ 1.2955 & 1.2995 in extension.

Alternative scenario: Below 1.29 look for further downside with 1.2865 & 1.282 as targets.

Comment: the pair stands above its support and should post a rebound as the RSI is reversing up.

Key levels
1.3025
1.2995
1.2955
1.29403 last
1.29
1.2865
1.282

EUR/JPY  5/27/2013 8:24 AM Ticker : EURJPY

1 week Trend:  (=)         1 month Trend:  (=)

EUR/JPY intraday: under pressure.
Pivot: 131.05

Our preference: Short positions below 131.05 with targets @ 129.9 & 129.6 in extension.

Alternative scenario: Above 131.05 look for further upside with 131.65 & 132.4 as targets.

Comment: the pair is posting a rebound but stands below its resistance, the RSI lacks upward momentum.

Key levels
132.4
131.65
131.05
130.73 last
129.9
129.6
129.25