NZD/USD                   12/8/2013

1 week Trend:  118578 (=)  1 month Trend: 118577 (=)
NZD/USD intraday: intraday support around 0.798.
Pivot: 0.798

Our preference: Long positions above 0.798 with targets @ 0.81 & 0.8135 in extension.

Alternative scenario: Below 0.798 look for further downside with 0.793 & 0.788 as targets.

Comment: even though a continuation of the consolidation cannot be ruled out, its extent should be limited by the 0.798 strong support level.

Key levels
0.817
0.8135
0.81
0.8 last
0.798
0.793
0.788

4006000

EUR/USD                   12/8/2013 

1 week Trend: 118577 (=)  1 month Trend: 118578 (=)
EUR/USD intraday: under pressure.
Pivot: 1.3345

Our preference: Short positions below 1.3345 with targets @ 1.329 & 1.326 in extension.

Alternative scenario: Above 1.3345 look for further upside with 1.3365 & 1.339 as targets.

Comment: the pair has broken below a rising trend line and remains under pressure.

Key levels
1.339
1.3365
1.3345
1.33006 last
1.329
1.326
1.3225

4006001

EUR/GBP                   12/8/2013

1 week Trend: 000300 (=)  1 month Trend: 000300 (=)
EUR/GBP intraday: under pressure.
Pivot: 0.8625

Our preference: Short positions below 0.8625 with targets @ 0.8575 & 0.8555 in extension.

Alternative scenario: Above 0.8625 look for further upside with 0.8645 & 0.8675 as targets.

Comment: the pair stands below its resistance and remains under pressure.

Key levels
0.8675
0.8645
0.8625
0.85946 last
0.8575
0.8555
0.8535

4006002

Gold                           12/8/2013

1 week Trend: 118577 (=)  1 month Trend:  118577 (=)
GOLD‏ (Spot) intraday: the bias remains bullish.
Pivot: 1315.00

Our preference: LONG positions above 1315 with 1339 & 1345 in sight.

Alternative scenario: The downside penetration of 1315 will call for 1305 & 1297.

Comment: gold prices are supported by a rising trend line and the 50 moving aveage maintains upward pressure.

Trend: ST Ltd downside; MT Bearish

Key levels Comment

1349*** Horizontal resistance
1345** Intraday resistance
1339** Intraday resistance
1325.89 Last
1315*** Intraday pivot point
1305** Intraday support
1297** Intraday support

4006003

Technical Analysis – Time MetaTrader4

4006004

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