GKFX Daily Technical Levels

EUR/USD Intraday: the downside prevails.

Pivot: 1.3375

Analysis: Short positions below 1.3375 with targets @ 1.335 & 1.333 in extension.

Alternative scenario: Above 1.3375 look for further upside with 1.3395 & 1.341 as targets.

Comment: The pair remains under pressure and is challenging its new support.

Green Lines Represent Resistances | Red Lines Represent Support Levels | Light Blue is a Pivot Point | Black represents the price when the report was produced

GBP/USD Intraday: the bias remains bullish.

Pivot: 1.67

Analysis: Long positions above 1.67 with targets @ 1.675 & 1.6765 in extension.

Alternative scenario: Below 1.67 look for further downside with 1.6675 & 1.665 as targets.

Comment: The pair stands above its new support and remains on the upside.

Green Lines Represent Resistances | Red Lines Represent Support Levels | Light Blue is a Pivot Point | Black represents the price when the report was produced

Gold spot Intraday: under pressure.

Pivot: 1310

Analysis: Short positions below 1310 with targets @ 1292 & 1287.7 in extension.

Alternative scenario: Above 1310 look for further upside with 1317.5 & 1322.7 as targets.

Comment: A break below 1292 would trigger a drop towards 1287.7.

Green Lines Represent Resistances | Red Lines Represent Support Levels | Light Blue is a Pivot Point | Black represents the price when the report was produced

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Analysis

8/19/14

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