Forex Trend Prediction Sep 10, 2013
EUR/USD 10/9/2013
1 week Trend: (=) 1 month Trend:
(=)
EUR/USD intraday: the upside prevails.
Pivot: 1.3215
Our preference: Long positions above 1.3215 with targets @ 1.327 & 1.329 in extension.
Alternative scenario: Below 1.3215 look for further downside with 1.319 & 1.3135 as targets.
Comment: the pair is facing a pull back on its support ahead of further advance.
Key levels
1.3315
1.329
1.327
1.3241 last
1.3215
1.319
1.3135
EUR/JPY 10/9/2013
1 week Trend: (=) 1 month Trend:
(=)
EUR/JPY intraday: the upside prevails.
Pivot: 132.2
Our preference: Long positions above 132.2 with targets @ 133.2 & 133.75 in extension.
Alternative scenario: Below 132.2 look for further downside with 131.8 & 131.35 as targets.
Comment: the pair has broken above its resistance and should post further advance.
Key levels
134.25
133.75
133.2
132.807 last
132.2
131.8
131.35
Gold 10/9/2013
1 week Trend: (=) 1 month Trend:
(=)
GOLD (Spot) intraday: under pressure.
Pivot: 1381.00
Our preference: SHORT positions below 1381 with targets @ 1364 & 1358.
Alternative scenario: The upside breakout of 1381 will open the way to 1391 & 1399.
Comment: the RSI is bearish and calls for further downside.
Trend: ST Bullish; MT Ltd upside
Key levels Comment
1399** Intraday resistance
1391** Intraday resistance
1381** Intraday pivot point
1369.4 Last
1364** Intraday support
1358** Intraday support
1347** Intraday support
Technical Analysis – Time MetaTrader4