Market Technical Analysis-2013/03/19 Pre Asia Open FindYourFX.com

[EURUSD]
Intraday Highlight: the downside prevails
Pivot:1.298
Most Likely Scenario: Short positions below 1.298 with targets at 1.292 and 1.2875 in extension
Alternative scenario: Above 1.298 look for further upside with 1.304 and 1.3105 as targets
Comments: a break below 1.292 would trigger a drop towards 1.2875
EURUSD

[GBPUSD]
Intraday Highlight: caution.
Pivot:1.5065
Most Likely Scenario: Long positions above 1.5065 with targets at 1.5145 and 1.518 in extension
Alternative scenario: Below 1.5065 look for further downside with 1.5045 and 1.5005 as targets
Comments: intraday technical indicators are mixed and call for caution
GBPUSD

[USDJPY]
Intraday Highlight: continuation of the rebound
Pivot:94.75
Most Likely Scenario: Long positions above 94.75 with targets at 95.6 and 95.85 in extension
Alternative scenario: Below 94.75 look for further downside with 94.3 and 94.05 as targets
Comments: the RSI lacks downward momentum
USDJPY

www.findyourfx.com is always working hard to provide a detailed technical analysis report to our valuable visitors everyday, this report includes the technical analysis for 7 major currency pairs,gold and silver. The report will be published 3 times daily, such as before Aisa market opening, before EU market opening and before US market opening. Within the report, we will provide our suggestions and expectations including buy or sell and positions for short term movement. We hope this report will bring some helps and lucks to your trading.

[AUDUSD]
Intraday Highlight: continuation of the rebound
Pivot:1.034
Most Likely Scenario: Long positions above 1.034 with targets at 1.0415 and 1.044 in extension
Alternative scenario: Above 1.034 look for further upside with 1.0305 and 1.0275 as targets
Comments: technically, the RSI is above its neutrality area at 50
AUDUSD

[NZDUSD]
Intraday Highlight: bullish bias above 0.821
Pivot:0.821
Most Likely Scenario: Long positions above 0.821 with targets at 0.828 and 0.83 in extension
Alternative scenario: Below 0.821 look for further downside with 0.8185 and 0.8155 as targets
Comments: the next resistances are at 0.828 and then at 0.83
NZDUSD

[USDCHF]
Intraday Highlight: caution
Pivot:0.9475
Most Likely Scenario: Short positions below 0.9475 with targets at 0.9415 and 0.9375 in extension
Alternative scenario: Above 0.9475 look for further upside with 0.95 and 0.953 as targets
Comments: intraday technical indicators are mixed and call for caution
USDCHF

[USDCAD]
Intraday Highlight: under pressure
Pivot:1.025
Most Likely Scenario: Short positions below 1.025 with targets at 1.0195 and 1.018 in extension
Alternative scenario: Above 1.025 look for further upside with 1.0275 and 1.0295 as targets
Comments: as long as 1.025 is resistance, look for choppy price action with a bearish bias
USDCAD

[GOLDS]
Intraday Highlight: further advance
Pivot:1597
Most Likely Scenario: Long positions above 1597 with targets at 1611 and 1619 in extension
Alternative scenario: Below 1597 look for further downside with 1590 and 1584 as targets
Comments: technically, the RSI is above its neutrality area at 50
GOLDS

[SILVER]
Intraday Highlight: up turn
Pivot:28.56
Most Likely Scenario: Long positions above 28.56 with targets at 29.05 and 29.25 in extension
Alternative scenario: Below 28.56 look for further downside with 28.32 and 27.95 as targets
Comments: the RSI is above its neutrality area at 50%
SILVER

Please note that due to market volatility, some of the below sight prices may have already been reached and scenarios played out. We will not have any responsibilities for any issues caused by this analysis report.

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