CROSS ASSET TECHNICAL ANALYSIS

01 October 2013

In the Charts Forex Today’s key points

EUR/USD has given a break above the weekly channel resistance of 1.3454/20 which also

happens to be 76.4% retracement of the January to July down move. The weekly momentum

indicator RSI has also given a break above a resistance line (orange dash). However, with the

daily RSI approaching a one year resistance line, the pair could well be forming a flat pattern

with the upside limited to 1.3713,January high (See page 2).

GBP/USD is testing the multiyear channel resistance of 1.6250. With the weekly RSI at

resistance and daily RSI diverging, the current up move will face stiff resistance at 1.6382,

January high (See page 3).

Chart of the day: EUR/USD, weekly chart. Chart of the day: EUR/USD, daily chart.

Source: SG Cross Asset Research/Technical Analysis

In the Charts Forex

01 October 2013 2

EUR/USD: uptrend.

Today’s levels

3rd support 2nd support 1st support Stop loss 1st resistance 2nd resistance 3rd resistance

1.3215 1.3284/60 1.3388/80 1.3454/20 1.3601 1.3637 1.3689/1.3713

*Last price: 1.3545 as of 10/01//2013 Source: SG Cross Asset Research

EUR/USD (hourly chart)

EUR/USD has given a break

above, the key resistance level

of 1.3420/54. However, with

daily RSI at one year resistance

line, the pair could well be

forming a flat pattern and will

face stiff resistance at 1.3713,

January high. For the day, the

uptrend in the pair will continue

with immediate resistance at

1.3601.

1 to 3 months

1.3104

1.3057

1.3713

1.3637

USD/CHF: only a decisive close below 0.9020 will lead to

further correction.

Today’s levels

3rd support 2nd support 1st support Stop loss 1st resistance 2nd resistance 3rd resistance

0.8862 0.8929 0.9020 0.9105 0.9168 0.9224 09280

*Last price: 0.9011 as of 10/01//2013 Source: SG Cross Asset Research

USD/CHF (hourly chart)

USD/CHF has been evolving

within a channel drawn from

July 2012 high. The pair has

given a break below a one and a

half year trend line is now

testing the key support of

0.9020, January lows. For the

day, only a decisive close below

0.9020 will trigger the next leg of

down move towards 0.8929.

1 to 3 months

0.9020 0.9555

Bear Bull

Bear Bull

In the Charts Forex

01 October 2013 3

GBP/USD: testing the four year channel resistance.

Today’s levels

3rd support 2nd support 1st support Stop loss 1st resistance 2nd resistance 3rd resistance

1.5840 1.5937/10 1.6024 1.6104 1.6250 1.6319 1.6382

*Last price: 1.6240 as of 10/01/2013 Source: SG Cross Asset Research

GBP/USD (hourly chart)

GBP/USD is testing the

multiyear channel resistance of

1.6250 drawn from January

2009 highs. With the weekly RSI

approaching a three year

resistance, the current up move

will face stiff resistance at

1.6382, January highs. For the

day, a break above 1.6250 will

stretch the uptrend to 1.6319.

1 to 3 months

1.5330

1.6382

1.6250

EUR/GBP: downtrend to accelerate.

Today’s levels

3rd support 2nd support 1st support Stop loss 1st resistance 2nd resistance 3rd resistance

0.8160 0.8210 0.83/0.8287 0.8476 0.8500 0.8551 0.8604

*Last price: 0.8343 as of 10/01/2013 Source: SG Cross Asset Research

EUR/GBP (hourly chart)

EUR/GBP has confirmed a

double top at the multiyear

channel resistance of 0.8780 as

well as a H&S pattern. The pair

has also breached below a one–

year trend line support. The pair

is now poised to drift lower

towards 0.8210 and possibly

even 0.8160. For the day,

immediate support is seen at

0.83/0.8287.

1 to 3 months

0.8674

0.8550

0.8160

Bear Bull

Bear Bull

In the Charts Forex

01 October 2013 4

USD/JPY: range bound configuration.

Today’s levels

3rd support 2nd support 1st support Stop loss 1st resistance 2nd resistance 3rd resistance

94.29 94.90 95.79/60 97.20/96.95-98.73 99.05 99.85 100.62/88

*Last price: 98.20 as of 10/01/2013 Source: SG Cross Asset Research

USD/JPY (hourly chart)

USD/JPY tested the lower limit

of a triangle drawn from June

lows after retracing from the

upper limit of a short term

bullish channel. With weekly and

daily RSI approaching graphical

supports, the pair is now poised

to test 101.55/90. For the day,

the pair will continue to

consolidate within the limits of

97.20/96.95 and 98.73.

1 to 3 months

95.79

95.60

101.55

101.90

AUD/USD: 0.9436/61 to limit any short term pullback.

Today’s levels

3rd support 2nd support 1st support Stop loss 1st resistance 2nd resistance 3rd resistance

0.9107 0.9220 0.9279 0.9436/61 0.9530/80 0.9675 0.9730

*Last price: 0.9401 as of 09/30/2013 Source: SG Cross Asset Research

AUD/USD (hourly chart)

AUD/USD bounced from the

multiyear channel support of

0.8850 and gave a break above

a five month declining channel.

However, with weekly RSI

approaching a multiyear

resistance, the current pullback

will find resistance at 0.9730.

For the day, the pair will move

lower towards recent lows at

0.9279.

1 to 3 months

0.8850

0.9730

Bear Bull

Bear Bull

In the Charts Forex

01 October 2013 5

USD/CAD: 1.0330/45, an immediate resistance.

Today’s levels

3rd support 2nd support 1st support Stop loss 1st resistance 2nd resistance 3rd resistance

1.0134 1.0160 1.0190/80 1.0243 1.0330/45 1.0403 1.0422/56

*Last price: 1.0315 as of 10/01/2013 Source: SG Cross Asset Research

USD/CAD (hourly chart)

USD/CAD retraced from the

upper limit of the channel drawn

from January lows & has tested

the neckline support of a major

three-year inverted H&S pattern.

The pair is now poised to inch

higher towards 1.0422/56 and

possibly even 1.0521. For the

day, for the uptrend to continue,

the pair must establish itself

above1.0330/45.

1 to 3 months

1.0134

1.0680

Bear Bull