EUR/USD                  22/02/2013

1 week Trend:  000300 (=)  1 month Trend: 118578 (=)
EUR/USD intraday: under pressure.
Pivot: 1.3255

Our preference: Short positions below 1.3255 with targets @ 1.3165 & 1.3135 in extension.

Alternative scenario: Above 1.3255 look for further upside with 1.329 & 1.333 as targets.

Comment: as long as the resistance at 1.3255 is not surpassed, the risk of the break below 1.3165 remains high.

Key levels
1.333
1.329
1.3255
1.32031 last
1.3165
1.3135
1.308

400671

USD/MXN                  22/02/2013

1 week Trend: 000300 (=)  1 month Trend:  118577 (=)
USD/MXN intraday: bullish bias above 12.71.
Pivot: 12.71

Our preference: Long positions above 12.71 with targets @ 12.81 & 12.93 in extension.

Alternative scenario: Below 12.71 look for further downside with 12.61 & 12.55 as targets.

Comment: the RSI is bullish and calls for further upside.

Key levels
13.05
12.93
12.81
12.7381 last
12.71
12.61
12.55

400672

AUD/USD                  22/02/2013

1 week Trend:  118577 (=)  1 month Trend: 118578 (=)
AUD/USD intraday: further upside.
Pivot: 1.0265

Our preference: Long positions above 1.0265 with targets @ 1.033 & 1.0365 in extension.

Alternative scenario: Below 1.0265 look for further downside with 1.023 & 1.02 as targets.

Comment: the pair has rebounded on its new support and should post further advance as the RSI remains well directed.

Key levels
1.0415
1.0365
1.033
1.301 last
1.0265
1.023
1.02

400673

NZD/USD                  22/02/2013

1 week Trend: 000300 (=)  1 month Trend:  118578 (=)
NZD/USD intraday: caution.
Pivot: 0.839

Our preference: Short positions below 0.839 with targets @ 0.8315 & 0.8285 in extension.

Alternative scenario: Above 0.839 look for further upside with 0.8415 & 0.845 as targets.

Comment: the pair is rebounding and is challenging its new resistance (former support), the RSI is approaching its overbought area and lacks upward momentum.

Key levels
0.845
0.8415
0.839
0.8366 last
0.8315
0.8285
0.826

400674

GBP/JPY                  22/02/2013

1 week Trend: 118578 (=)  1 month Trend: 000300 (=)
GBP/JPY intraday: key ST resistance at 142.9.
Pivot: 142.9

Our preference: Short positions below 142.9 with targets @ 141.2 & 140.5 in extension.

Alternative scenario: Above 142.9 look for further upside with 144.2 & 144.7 as targets.

Comment: the pair is rebounding and is challenging its resistance ahead of a weakness, the RSI lacks upward momentum.

Key levels
144.7
144.2
142.9
142.462 last
141.2
140.5
139.2

400676

EUR/GBP                  22/02/2013

1 week Trend: 000300 (=)  1 month Trend:  118578 (=)
EUR/GBP intraday: under pressure.
Pivot: 0.87

Our preference: Short positions below 0.87 with targets @ 0.8605 & 0.857 in extension.

Alternative scenario: Above 0.87 look for further upside with 0.8765 & 0.881 as targets.

Comment: as long as 0.87 is resistance, look for choppy price action with a bearish bias.

Key levels
0.881
0.8765
0.87
0.86674 last
0.8605
0.857
0.8535

400677

Nikkei 225                  22/02/2013

1 week Trend:  000300 (=)  1 month Trend: 000300 (=)
Nikkei 225 ST: the upside prevails.
Pivot: 10625

Our preference: Long positions above 10625 with targets @ 11700 & 12200 in extension.

Alternative scenario: Below 10625 look for further downside with 10400 & 10000 as targets.

Comment: the RSI is mixed to bullish.

Key levels
12680
12200
11700
11385.94 last
10625
10400
10000

400678

Cac 40                          22/02/2013

1 week Trend: 15242424 (=)  1 month Trend: 000300 (=)
Cac 40‏ (Mar 13) intraday: the downside prevails.
Pivot: 3742

Our preference: SHORT positions below 3742 with 3608 & 3592 as next targets.

Alternative scenario: The upside penetration of 3742 will call for 3775 & 3792.

Comment : Prices broke below the lower boundary of an ascending channel.

Trend: ST Bullish; MT Bullish

Key levels Comment

3792** Intraday resistance
3775** Intraday resistance
3742** Intraday pivot point
3649 Last
3608** Intraday support
3592** Intraday support
3550** Intraday support

400679

Technical Analysis – Time MetaTrader4

400654

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