| PRE US OPEN, DAILY TECHNICAL ANALYSIS, 13 FEBRUARY 2013 |
|
|
|
| Please note that due to market volatility, some of the below sight prices may have already been reached and scenarios played out. |
| EUR/USD INTRADAY: FURTHER ADVANCE. |
Pivot: 1.3405
Most Likely Scenario: Long positions above 1.3405 with targets @ 1.349 & 1.3525 in extension.
Alternative scenario: Below 1.3405 look for further downside with 1.335 & 1.328 as targets.
Comment: the RSI broke above a bearish trend line.
|
|
| GBP/USD INTRADAY: BULLISH BIAS ABOVE 1.5635. |
Pivot: 1.5635
Most Likely Scenario: Long positions above 1.5635 with targets @ 1.5705 & 1.574 in extension.
Alternative scenario: Below 1.5635 look for further downside with 1.557 & 1.5525 as targets.
Comment: the RSI lacks downward momentum.
|
|
| USD/JPY INTRADAY: UNDER PRESSURE. |
Pivot: 93.6
Most Likely Scenario: Short positions below 93.6 with targets @ 92.8 & 92.4 in extension.
Alternative scenario: Above 93.6 look for further upside with 93.85 & 94.45 as targets.
Comment: as long as the resistance at 93.6 is not surpassed, the risk of the break below 92.8 remains high.
|
|
| AUD/USD INTRADAY: BULLISH BIAS ABOVE 1.0295. |
Pivot: 1.0295
Most Likely Scenario: Long positions above 1.0295 with targets @ 1.038 & 1.04 in extension.
Alternative scenario: Below 1.0295 look for further downside with 1.0255 & 1.022 as targets.
Comment: the pair is on the upside and is challenging its resistance, a pull back is expected ahead of further up move.
|
|
| GOLD (SPOT) INTRADAY: THE DOWNSIDE PREVAILS. |
Pivot: 1656.00
Most Likely Scenario: SHORT positions below 1656 with 1639 & 1625 in sight.
Alternative scenario: The upside penetration of 1656 will call for 1662 & 1673.
Comment: the price remains within a bearish channel. The RSI is below its neutrality area at 50. A new down leg is more likely, as long as 1656 is resistance.
|
|
| CRUDE OIL (MAR 13) INTRADAY: BULLISH BIAS ABOVE 96.5 |
Pivot: 96.50
Most Likely Scenario: LONG positions above 96.5 with targets @ 98.2 & 99.3.
Alternative scenario: The downside penetration of 96.5 will call for 95.85 & 95.
Comment: the RSI is supported by a rising trend line.
|
|
|
0 komentar:
Post a Comment