GBP/CHF                   04/10/2013

1 week Trend:   (=)   1 month Trend:  (=)
GBP/CHF intraday: the RSI is oversold
Our pivot point stands at 1.453.

Our preference: the downside prevails as long as 1.453 is resistance.

Alternative scenario: the upside breakout of 1.453, would call for 1.455 and 1.456.

Comment: the RSI is below 30. It could either mean that the pair is in a lasting downtrend or just oversold and therefore bound to retrace (look for bullish divergence in this case). The MACD is negative and below its signal line. The configuration is negative. Moreover, the pair stands below its 20 and 50 MAs (respectively at 1.4573 and 1.4622).

Supports and resistances:
1.455 *
1.453 **
1.452
1.4495 last
1.446
1.445 **
1.444 *

EUR/USD                   04/10/2013

1 week Trend:  (=)   1 month Trend:   (=)
EUR/USD intraday: the upside prevails.
Pivot: 1.357

Our preference: Long positions above 1.357 with targets @ 1.3645 & 1.367 in extension.

Alternative scenario: Below 1.357 look for further downside with 1.354 & 1.3505 as targets.

Comment: the pair stands above its new support and remains on the upside.

Key levels
1.37
1.367
1.3645
1.36106 last
1.357
1.354
1.3505

EUR/JPY                   04/10/2013
1 week Trend:   (=)   1 month Trend:  (=)
EUR/JPY intraday: under pressure.
Pivot: 132.75

Our preference: Short positions below 132.75 with targets @ 132.1 & 131.65 in extension.

Alternative scenario: Above 132.75 look for further upside with 133.2 & 133.5 as targets.

Comment: as long as 132.75 is resistance, look for choppy price action with a bearish bias.

Key levels
133.5
133.2
132.75
132.25 last
132.1
131.65
131.4

Gold                           04/10/2013
1 week Trend:   (=)   1 month Trend:  (=)
GOLD‏ (Spot) intraday: the bias remains bullish.
Pivot: 1301.00

Our preference: LONG positions above 1301 with 1323 & 1337 as next targets.

Alternative scenario: The downside breakout of 1301 will open the way to 1293 & 1277.

Comment: the RSI is mixed with a bullish bias.

Trend: ST Bearish; MT Bearish

Key levels Comment

1343** Intraday resistance
1337* Intraday resistance
1323** Intraday resistance
1316.17 Last
1301*** Intraday pivot point
1293** Intraday support
1277** Intraday support

Technical Analysis – Time MetaTrader4