TECHNICAL ANALYSIS 07/01/2013

eurusd Pivot: 1.3030. Our preference: LONG positions above 1.303 with 1.309 & 1.3125 in sight. Alternative scenario: The downside penetration of 1.303 will call for 1.299 & 1.2935. Comment: the pair is facing a pull back on its new support, the RSI stands above its oversold area and lacks downward momentum, caution. Trend: ST Ltd Upside; MT Range Key levels Comment 1.317*** Intraday resistance 1.3125** Intraday resistance 1.309*** Intraday resistance 1.3036 Last 1.303** Intraday pivot point 1.299*** Intraday support 1.2935** Intraday support __________________

gbpusd Pivot: 1.6110. Our preference: SHORT positions below 1.611 with 1.6 & 1.598 in sight. Alternative scenario: The upside penetration of 1.611 will call for a rebound towards 1.614 & 1.6175. Comment: the pair remains under pressure and is approaching its previous intraday low, the RSI is badly directed but stands above its oversold area. Trend: ST Ltd Upside; MT Range Key levels Comment 1.6175** Intraday resistance 1.614*** Intraday resistance 1.611** Intraday pivot point 1.6023 Last 1.6*** Intraday support 1.598** Intraday support 1.596** Intraday support

usdjpy Pivot: 87.55. Our preference: LONG positions above 87.55 with 88.35 & 88.6 as next targets. Alternative scenario: The downside penetration of 87.55 will call for a slide towards 87.35 & 87.1. Comment: the pair has struck against its previous intraday high and is facing a pull back on its new support, the RSI is on the downside and is approaching its oversold area. Trend: ST Ltd Upside; MT Range Key levels Comment 89* Intraday resistance 88.6** Intraday resistance 88.35** Intraday resistance 87.76 Last 87.55** Intraday pivot point 87.35** Intraday support 87.1*** Intraday support

eurjpy Pivot: 115.1 Our preference: Short @ 115.03 with targets @ 114.2 & 113.6 in extension. Alternative scenario: Above 115.1 look for further upside with 115.6 & 116 as targets. Comment: the pair has broken below a bearish flag lower boundary and remains under pressure. The RSI remains badly directed and advocates for further weakness as it stands above its oversold area. Key levels 116 115.6 115.1 114.46 last 114.2 113.6 113.25

gold Pivot: 1648.00 Our preference: LONG positions above 1648 with targets @ 1668 & 1674. Alternative scenario: The downside penetration of 1648 will call for 1640 & 1625. Comment: the 20 and the 50 moving averages are turning up. The RSI is bullish and calls for further upside. Further recovery seems more likely. Trend: ST Ltd downside; MT Range Key levels Comment 1682** Horizontal resistance 1674** Horizontal resistance 1668** Fib retracement (61.8%) 1659.98 Last 1648*** Intraday pivot point 1640** Intraday support 1625* Intraday support

nzdusd Pivot: 0.825 Our preference: Long positions above 0.825 with targets @ 0.832 & 0.835 in extension. Alternative scenario: Below 0.825 look for further downside with 0.8205 & 0.8155 as targets. Comment: the pair has struck against its intraday resistance and is facing a pull back on its new support, the RSI stands around its neutral area. Key levels 0.8395 0.835 0.832 0.829 last 0.825 0.8205 0.8155