NZD/USD                   18/7/2013

1 week Trend:  118577 (=)  1 month Trend: 118577 (=)
NZD/USD intraday: bullish bias above 0.779.
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: even though a continuation of the consolidation cannot be ruled out, its extent should be limited.

Key levels
0.805
0.8
0.797
0.7873 last
0.779
0.773
0.768

6000614

EUR/USD                   18/7/2013

1 week Trend: 118577 (=)  1 month Trend: 118578 (=)
EUR/USD intraday: intraday support around 1.309.
Pivot: 1.309

Our preference: Long positions above 1.309 with targets @ 1.3175 & 1.3205 in extension.

Alternative scenario: Below 1.309 look for further downside with 1.3045 & 1.2995 as targets.

Comment: a support base at 1.309 has formed and has allowed for a temporary stabilisation.

Key levels
1.325
1.3205
1.3175
1.31155 last
1.309
1.3045
1.2995

6000615

EUR/GBP                   18/7/2013

1 week Trend: 000300 (=)  1 month Trend:  000300 (=)
EUR/GBP intraday: break of a ST rising trendline support.
Pivot: 0.866

Our preference: Short positions below 0.866 with targets @ 0.8605 & 0.8575 in extension.

Alternative scenario: Above 0.866 look for further upside with 0.871 & 0.8725 as targets.

Comment: as long as the resistance at 0.866 is not surpassed, the risk of the break below 0.8605 remains high.

Key levels
0.8725
0.871
0.866
0.86209 last
0.8605
0.8575
0.8555

6000616

Gold                           18/7/2013

1 week Trend:  118577 (=)  1 month Trend: 118577 (=)
GOLD‏ (Spot) intraday: the downside prevails.
Pivot: 1300.00

Our preference: SHORT positions below 1300 with targets @ 1267 & 1247.

Alternative scenario: The upside breakout of 1300 will open the way to 1320 & 1338.

Comment: gold prices have broken below a rising trend line. As long as the resistance at 1300 is not surpassed, the risk of the break below 1267 remains high.

Trend: ST Ltd downside; MT Bearish

Key levels Comment

1338** Fib retracement (61.8%)
1320** Intraday resistance
1300*** Intraday pivot point
1280.3 Last
1267** Intraday support
1247** Intraday support
1226** Fib retracement (61.8%)

6000617

Technical Analysis – Time MetaTrader4

6000618

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