TECHNICAL ANALYSIS 13/11/2012

eurusd Pivot: 1.2735 Our preference: Short positions below 1.2735 with targets @ 1.2635 & 1.2605 in extension. Alternative scenario: Above 1.2735 look for further upside with 1.2775 & 1.281 as targets. Comment: the RSI has broken down its 30 level. Key levels 1.281 1.2775 1.2735 1.26855 last 1.2635 1.2605 1.256

gbpusd Pivot: 1.59 Our preference: Short positions below 1.59 with targets @ 1.583 & 1.5815 in extension. Alternative scenario: Above 1.59 look for further upside with 1.5925 & 1.5965 as targets. Comment: the RSI is bearish and calls for further downside. Key levels 1.5965 1.5925 1.59 1.5865 last 1.583 1.5815 1.579

usdjpy Pivot: 79.6 Our preference: Short positions below 79.6 with targets @ 79.05 & 78.85 in extension. Alternative scenario: Above 79.6 look for further upside with 79.8 & 80.1 as targets. Comment: the RSI is badly directed. Key levels 80.1 79.8 79.6 79.33 last 79.05 78.85 78.6

eurjpy Pivot: 101 Our preference: Short positions below 101 with targets @ 100.4 & 100.1 in extension. Alternative scenario: Above 101 look for further upside with 101.35 & 101.75 as targets. Comment: the RSI has broken down its 30 level. Key levels 101.75 101.35 101 100.62 last 100.4 100.1 99.75

gold Pivot: 1732.00 Our preference: SHORT positions below 1732 with 1711 & 1702 in sight. Alternative scenario: The upside breakout of 1732 will open the way to 1738 & 1746. Comment: the RSI advocates for further decline. Trend: ST Bullish; MT Ltd upside Key levels Comment 1746** Intraday resistance 1738** Intraday resistance 1732*** Intraday pivot point 1723.55 Last 1711** Intraday support 1702** Intraday support 1693.5** Intraday support

nzdusd Pivot: 0.819 Our preference: Short positions below 0.819 with targets @ 0.812 & 0.81 in extension. Alternative scenario: Above 0.819 look for further upside with 0.8225 & 0.825 as targets. Comment: as long as 0.819 is resistance, likely decline to 0.812. Key levels 0.825 0.8225 0.819 0.81655 last 0.812 0.81 0.807

audusd Pivot: 1.04 Our preference: Long positions above 1.04 with targets @ 1.0445 & 1.0475 in extension. Alternative scenario: Below 1.04 look for further downside with 1.0355 & 1.0325 as targets. Comment: intraday technical indicators are mixed and call for caution. Key levels 1.0495 1.0475 1.0445 1.04073 last 1.04 1.0355 1.0325