الاثنين، 12 مايو 2014

EUR/USD Intraday: the downside prevails. 

Pivot: 1.381

Analysis: Short positions below 1.381 with targets @ 1.373 & 1.3705 in extension.

Alternative scenario: Above 1.381 look for further upside with 1.385 & 1.388 as targets.

Comment: The pair is posting a slight rebound but stands below its resistance.
Green Lines Represent Resistances |  Red Lines Represent Support Levels |  Light Blue is a Pivot Point | Black represents the price when the report was produced

GBP/USD Intraday: the downside prevails. 

Pivot: 1.6885

Analysis: Short positions below 1.6885 with targets @ 1.683 & 1.68 in extension.

Alternative scenario: Above 1.6885 look for further upside with 1.691 & 1.6935 as targets.

Comment: The pair remains under pressure and is shaping a triangle pattern.
Green Lines Represent Resistances |  Red Lines Represent Support Levels |  Light Blue is a Pivot Point | Black represents the price when the report was produced


Gold spot Intraday: the downside prevails. 

Pivot: 1296

Analysis: Short positions below 1296 with targets @ 1273 & 1254 in extension.

Alternative scenario: Above 1296 look for further upside with 1315 & 1331 as targets.

Comment: The RSI is mixed to bullish.
Green Lines Represent Resistances |  Red Lines Represent Support Levels |  Light Blue is a Pivot Point | Black represents the price when the report was produced

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