USD/CAD                   17/7/2013

1 week Trend:  000300 (=)  1 month Trend: 000300 (=)
USD/CAD intraday: break of a ST rising trendline support.
Pivot: 1.044

Our preference: Short positions below 1.044 with targets @ 1.0355 & 1.0325 in extension.

Alternative scenario: Above 1.044 look for further upside with 1.047 & 1.052 as targets.

Comment: as long as 1.044 is resistance, look for choppy price action with a bearish bias.

Key levels
1.052
1.047
1.044
1.0392 last
1.0355
1.0325
1.025

5000980

AUD/USD                   17/7/2013 

1 week Trend: 118577 (=)  1 month Trend: 118577 (=)
AUD/USD intraday: bullish bias above 0.912.
Pivot: 0.912

Our preference: Long positions above 0.912 with targets @ 0.9305 & 0.934 in extension.

Alternative scenario: Below 0.912 look for further downside with 0.903 & 0.9 as targets.

Comment: even though a continuation of the consolidation cannot be ruled out, its extent should be limited.

Key levels
0.94
0.934
0.9305
0.92119 last
0.912
0.903
0.9

5000981

NZD/USD                   17/7/2013

1 week Trend: 118577 (=)  1 month Trend: 118577 (=)
NZD/USD intraday: further upside.
Pivot: 0.779

Our preference: Long positions above 0.779 with targets @ 0.797 & 0.8 in extension.

Alternative scenario: Below 0.779 look for further downside with 0.773 & 0.768 as targets.

Comment: the next resistances are at 0.797 and then at 0.8.

Key levels
0.805
0.8
0.797
0.7856 last
0.779
0.773
0.768

5000982

EUR/GBP                   17/7/2013

1 week Trend: 118577 (=)  1 month Trend:  118578 (=)
EUR/GBP intraday: intraday support around 0.864.
Pivot: 0.864

Our preference: Long positions above 0.864 with targets @ 0.871 & 0.8725 in extension.

Alternative scenario: Below 0.864 look for further downside with 0.8605 & 0.8575 as targets.

Comment: even though a continuation of the consolidation cannot be ruled out, its extent should be limited.

Key levels
0.8745
0.8725
0.871
0.86501 last
0.864
0.8605
0.8575

5000983

Gold                           17/7/2013
 

1 week Trend:  118577 (=)  1 month Trend: 118577 (=)
GOLD‏ (Spot) intraday: further upside.
Pivot: 1276.00

Our preference: LONG positions above 1276 with 1298 & 1320 in sight.

Alternative scenario: The downside penetration of 1276 will call for 1267 & 1247.

Comment: a break above 1298 would have strong bullish implications.

Trend: ST Ltd downside; MT Bearish

Key levels Comment

1338** Intraday resistance
1320** Fib retracement (61.8%)
1298*** Previous high
1284.82 Last
1276** Intraday pivot point
1267** Intraday support
1247** Intraday support

5000984

Technical Analysis – Time MetaTrader4

5000985

0 0 votes
Page Rating
Subscribe
Notify of
guest
0 Comments
Inline Feedbacks
View all comments
Testimonials - StockExchange.CO