TECHNICAL ANALYSIS 25/10/2012

 eurusd


Pivot: 1.2945
Our preference: Long positions above 1.2945 with targets @ 1.301 & 1.3045 in extension.
Alternative scenario: Below 1.2945 look for further downside with 1.292 & 1.289 as targets.
Comment: the RSI calls for a bounce.
Key levels
1.3075
1.3045
1.301
1.29806 last
1.2945
1.292
1.289

gbpusd

pivot: 1.5985
Our preference: Long positions above 1.5985 with targets @ 1.6065 & 1.61 in extension.
Alternative scenario: Below 1.5985 look for further downside with 1.595 & 1.591 as targets.
Comment: the next resistances are at 1.6065 and then at 1.61.
Key levels
1.612
1.61
1.6065
1.6042 last
1.5985
1.595
1.591

 usdjpy


Pivot: 79.65
Our preference: Long positions above 79.65 with targets @ 80 & 80.1 in extension.
Alternative scenario: Below 79.65 look for further downside with 79.4 & 79.1 as targets.
Comment: the next resistances are at 80 and then at 80.1.
Key levels
80.35
80.1
80
79.927 last
79.65
79.4
79.1

 eurJPY

Pivot: 103.25
Our preference: Long positions above 103.25 with targets @ 104.1 & 104.45 in extension.
Alternative scenario: Below 103.25 look for further downside with 102.9 & 102.65 as targets.
Comment: the RSI is bullish and calls for further upside.
Key levels
104.75
104.45
104.1
103.766 last
103.25
102.9
102.65

 gold

Pivot: 1714.00
Our Preference: SHORT positions below 1714 with 1698 & 1688 as next targets.
Alternative scenario: The upside penetration of 1714 will call for 1723 & 1730.
Comment: as long as 1714 is resistance, look for choppy price action with a bearish bias.
Trend: ST Consolidation; MT Ltd upside
Key levels Comment
1730** Intraday resistance
1723* Intraday resistance
1714** Intraday pivot point
1706.56 Last
1698** Previous low
1688** Intraday support
1676*** Intraday support

 nzdusd

Pivot: 0.8175
Our preference: Long positions above 0.8175 with targets @ 0.824 & 0.8265 in extension.
Alternative scenario: Below 0.8175 look for further downside with 0.8155 & 0.8135 as targets.
Comment: the next resistances are at 0.824 and then at 0.8265.
Key levels
0.8285
0.8265
0.824
0.8224 last
0.8175
0.8155
0.8135

audusd

Pivot: 1.0325
Our preference: Long positions above 1.0325 with targets @ 1.039 & 1.0405 in extension.
Alternative scenario: Below 1.0325 look for further downside with 1.0295 & 1.027 as targets.
Comment: the RSI lacks downward momentum.
Key levels
1.0425
1.0405
1.039
1.03614 last
1.0325
1.0295
1.027