الثلاثاء، 13 مايو 2014

EUR/USD Intraday: the downside prevails. 

Pivot: 1.3785

Analysis: Short positions below 1.3785 with targets @ 1.3745 & 1.3705 in extension.

Alternative scenario: Above 1.3785 look for further upside with 1.381 & 1.385 as targets.

Comment: The pair stands below its resistance and remains under pressure.
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: bullish bias above 1.686. 

Pivot: 1.686

Analysis: Long positions above 1.686 with targets @ 1.691 & 1.6935 in extension.

Alternative scenario: Below 1.686 look for further downside with 1.683 & 1.68 as targets.

Comment: The pair is rebounding above its support.
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: continuation of the rebound. 

Pivot: 1276

Analysis: Long positions above 1276 with targets @ 1315 & 1331 in extension.

Alternative scenario: Below 1276 look for further downside with 1254 & 1238 as targets.

Comment: A support base at 1276 has formed and has allowed for a temporary stabilisation.
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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