TECHNICAL ANALYSIS 02/01/2013

EURUSD Pivot: 1.32 Our preference: Long positions above 1.32 with targets @ 1.331 & 1.3365 in extension. Alternative scenario: Below 1.32 look for further downside with 1.317 & 1.3145 as targets. Comment: the RSI calls for a new upleg. Key levels 1.3415 1.3365 1.331 1.32876 last 1.32 1.317 1.3145 _______

GBPUSD Pivot: 1.6225 Our preference: Long positions above 1.6225 with targets @ 1.64 & 1.6475 in extension. Alternative scenario: Below 1.6225 look for further downside with 1.618 & 1.611 as targets. Comment: the RSI calls for a new upleg. Key levels 1.65 1.6475 1.64 1.6347 last 1.6225 1.618 1.611

USDJPY Pivot: 86.75 Our preference: Long positions above 86.75 with targets @ 87.5 & 87.7 in extension. Alternative scenario: Below 86.75 look for further downside with 86.5 & 86.1 as targets. Comment: the next resistances are at 87.5 and then at 87.7. Key levels 88.1 87.7 87.5 87.242 last 86.75 86.5 86.1 ____

EURJPY Pivot: 114.5 Our preference: Long positions above 114.5 with targets @ 116.5 & 117 in extension. Alternative scenario: Below 114.5 look for further downside with 114.15 & 113.7 as targets. Comment: the RSI calls for a new upleg. Key levels 117.4 117 116.5 115.707 last 114.5 114.15 113.7

GOLD Pivot: 1665.00 Our preference: LONG positions above 1665 with targets @ 1679 & 1685. Alternative scenario: The downside penetration of 1665 will call for a slide towards 1659 & 1652. Comment: the RSI advocates for further advance. Trend: ST Ltd downside; MT Range Key levels Comment 1690** Fib retracement (61.8%) 1685** Fib retracement (50%) 1679** Fib retracement (38.2%) 1677 Last 1665*** Intraday pivot point 1659* Intraday support 1652** Intraday support

NZDUSD Pivot: 0.8275 Our preference: Long positions above 0.8275 with targets @ 0.84 & 0.845 in extension. Alternative scenario: Below 0.8275 look for further downside with 0.823 & 0.819 as targets. Comment: the next resistances are at 0.84 and then at 0.845. Key levels 0.8475 0.845 0.84 0.8362 last 0.8275 0.823 0.819

AUDUSD Pivot: 1.0405 Our preference: Long positions above 1.0405 with targets @ 1.05 & 1.052 in extension. Alternative scenario: Below 1.0405 look for further downside with 1.038 & 1.0365 as targets. Comment: the next resistances are at 1.05 and then at 1.052. Key levels 1.056 1.052 1.05 1.0471 last 1.0405 1.038 1.0365