EUR/USD Weekly Technical Report
A break above 38.2% Fibonacci of the downside wave from 1.3485 to the significant trough of 1.2285 will confirm the bullish scenario.
Monday June 18 , 2012 04:51 GMT
GBP/USD Weekly Technical Report
A breakout above 1.5780 will confirm the suggested bullish scenario mainly targeting 1.5900 zones.
Monday June 18 , 2012 04:52 GMT
USD/JPY Weekly Technical Report
more upside movements might be witnessed during this week and a breakout above 79.55 is required to support our constructive bullish outlook
Monday June 18 , 2012 04:55 GMT
USD/CHF Weekly Technical Report
The upside move is expected to return this week as far as 61.8% correction at 0.9320 remains intact.
Monday June 18 , 2012 06:18 GMT
USD/CAD Weekly Technical Report
Overall, trading below 1.0290 keeps the downside move likely this week where the Linear Regression Indicators 55 & 89 support the negative expectations.
Monday June 18 , 2012 06:23 GMT
NZD/USD Weekly Technical Report
Stochastic is trading in overbought areas and that might cause heavy volatility and downside correction, yet generally trading above 0.7785 keeps the upside move valid this week.
Monday June 18 , 2012 06:39 GMT
AUD/USD Weekly Technical Report
Stability is above the psychological 1.0000 barrier and the 1.0025 support which keep our expectations for the general upside move to prevail this week.
Monday June 18 , 2012 06:32 GMT
Gold Weekly Technical Report
Momentum has reversed from negative to positive as MACD crossed above zero level while RSI is steady above 50. Thus, the bullish bias pushed price to the 38.2% Fibonacci correctional level around 1625.00 which is currently forming a strong resistance. In general, we remain bullish on gold over the near term,
Monday June 18 , 2012 06:16 GMT
Silver Weekly Technical Report
Silver has been fluctuating heavily for a while, failing to maintain a directional bias, where 29.00 has been forming a strong upside barrier for the metal within the past weeks. Meanwhile, Bollinger Bands has started
Monday June 18 , 2012 06:30 GMT
WTI Crude Oil Weekly Technical Report
The price continues to fluctuate around the main support of the ascending channel that was breached recently, which turns now into resistance at 85.35. Over the lower time frames, we find that price continues to trade within a minor ascending channel
Monday June 18 , 2012 06:39 GMT
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