TECHNICAL ANALYSIS 14/11/2012

eurusd Pivot: 1.2675 Our preference: Long positions above 1.2675 with targets @ 1.2735 & 1.2755 in extension. Alternative scenario: Below 1.2675 look for further downside with 1.2655 & 1.2635 as targets. Comment: technically, the RSI is above its neutrality area at 50. Key levels 1.2775 1.2755 1.2735 1.27171 last 1.2675 1.2655 1.2635

gbpusd Pivot: 1.5855 Our preference: Long positions above 1.5855 with targets @ 1.5905 & 1.5925 in extension. Alternative scenario: Below 1.5855 look for further downside with 1.583 & 1.5815 as targets. Comment: a support base at 1.5855 has formed and has allowed for a temporary stabilisation. Key levels 1.5965 1.5925 1.5905 1.5884 last 1.5855 1.583 1.5815

usdjpy Pivot: 79.6 Our preference: Short positions below 79.6 with targets @ 79.15 & 79.05 in extension. Alternative scenario: Above 79.6 look for further upside with 79.8 & 80.1 as targets. Comment: as long as 79.6 is resistance, look for choppy price action with a bearish bias. Key levels 80.1 79.8 79.6 79.47 last 79.15 79.05 78.85

eurjpy Pivot: 100.75 Our preference: Long positions above 100.75 with targets @ 101.35 & 101.75 in extension. Alternative scenario: Below 100.75 look for further downside with 100.4 & 100.1 as targets. Comment: the RSI calls for a new upleg. Key levels 102.2 101.75 101.35 101.096 last 100.75 100.4 100.1

gold Pivot: 1717.00 Our preference: LONG positions above 1717 with targets @ 1738 & 1746. Alternative scenario: The downside penetration of 1717 will call for 1711 & 1702. Comment: the RSI calls for a rebound. Trend: ST Bullish; MT Ltd upside Key levels Comment 1756** Intraday resistance 1746** Intraday resistance 1738** Previous high 1728 Last 1717** Intraday pivot point 1711** Intraday support 1702** Intraday support

nzdusd Pivot: 0.815 Our preference: Long positions above 0.815 with targets @ 0.8225 & 0.825 in extension. Alternative scenario: Below 0.815 look for further downside with 0.812 & 0.81 as targets. Comment: a support base at 0.815 has formed and has allowed for a temporary stabilisation. Key levels 0.828 0.825 0.8225 0.8168 last 0.815 0.812 0.81

audusd Pivot: 1.0395 Our preference: Long positions above 1.0395 with targets @ 1.0475 & 1.0495 in extension. Alternative scenario: Below 1.0395 look for further downside with 1.0355 & 1.0325 as targets. Comment: the RSI is well directed. Key levels 1.052 1.0495 1.0475 1.0448 last 1.0395 1.0355 1.0325