TECHNICAL ANALYSIS 09/01/2013

eurusd Pivot: 1.3140. Our preference: SHORT positions @ 1.313 with targets @ 1.3055 & 1.303. Alternative scenario: The upside breakout of 1.314 will open the way to 1.317 & 1.3215. Comment: the pair is posting a rebound on an intermediary intraday support but stands below a strong resistance, the RSI stands above its neutral area but lacks upward momentum. Trend: ST Ltd Upside; MT Range Key levels Comment 1.3215** Intraday resistance 1.317*** Intraday resistance 1.314*** Intraday pivot point 1.3085 Last 1.3055*** Intraday support 1.303** Intraday support 1.299*** Intraday support __________________

gbpusd Pivot: 1.6090. Our preference: SHORT positions @ 1.608 with 1.602 & 1.6 in sight. Alternative scenario: The upside penetration of 1.609 will call for 1.613 & 1.6175. Comment: the pair has broken below a rising trend line and remains under pressure, challenging its support, the RSI stands below its neutral area. Trend: ST Ltd Upside; MT Range Key levels Comment 1.6175** Intraday resistance 1.613*** Intraday resistance 1.609** Intraday pivot point 1.6054 Last 1.602*** Intraday support 1.6*** Intraday support 1.597** Intraday support

usdjpy Pivot: 86.80. Our preference: LONG positions above 86.8 with 87.8 & 88.05 in sight. Alternative scenario: The downside penetration of 86.8 will call for a slide towards 86.5 & 86.15. Comment: the pair has broken above a declining trend line and remains on the upside, the RSI stands above its neutral area and remains well directed. Trend: ST Ltd Upside; MT Range Key levels Comment 88.35*** Intraday resistance 88.05** Intraday resistance 87.8*** Intraday resistance 87.38 Last 86.8*** Intraday pivot point 86.5*** Intraday support 86.15** Intraday support

nzdusd Pivot: 0.8345 Our preference: Long positions above 0.8345 with targets @ 0.84 & 0.842 in extension. Alternative scenario: Below 0.8345 look for further downside with 0.831 & 0.8275 as targets. Comment: the pair remains on the upside and is challenging its previous high, the RSI stands above its neutral area and remains well directed. Key levels 0.845 0.842 0.84 0.83879 last 0.8345 0.831 0.8275

gold Pivot: 1652.00 Our preference: LONG positions above 1652 with targets @ 1668 & 1674. Alternative scenario: The downside penetration of 1652 will call for a slide towards 1643 & 1635. Comment: the price and the RSI are supported by rising trend lines. Trend: ST Ltd downside; MT Range Key levels Comment 1680* Intraday resistance 1674* Intraday resistance 1668** Fib retracement (61.8%) 1662.8 Last 1652*** Intraday pivot point 1643** Intraday support 1635* Intraday support

audusd Pivot: 1.047 Our preference: Long positions above 1.047 with targets @ 1.0515 & 1.053 in extension. Alternative scenario: Below 1.047 look for further downside with 1.0455 & 1.0435 as targets. Comment: the pair remains on the upside and is challenging its strong resistance, the RSI stands above its neutral area and is well directed. Key levels 1.055 1.053 1.0515 1.05086 last 1.047 1.0455 1.0435