EUR/USD Morning Technical Report
Yesterday, the pair has closed negatively below the psychological level of 1.2500
Wednesday June 13 , 2012 04:46 GMT
GBP/USD Morning Technical Report
The pair has formed a bearish candlestick structure that nay bring the intraday bearish picture back into focus. A breakout below 1.5460 will be a very negative catalyst.
Wednesday June 13 , 2012 04:49 GMT
USD/JPY Morning Technical Report
Finally, RSI 14 has surpassed the momentum resistance level of 50.00
Wednesday June 13 , 2012 04:58 GMT
USD/CHF Morning Technical Report
We might see and upside move today as far as the pair is stable above 0.9520 and preferably above 0.9590 for more confirmation.
Wednesday June 13 , 2012 05:33 GMT
NZD/USD Morning Technical Report
We prefer to stay aside for now awaiting the confirmation for the breach of 0.7785 areas.
Wednesday June 13 , 2012 05:51 GMT
AUD/USD Morning Technical Report
We will remain neutral for now and await more confirmations for the next move
Wednesday June 13 , 2012 05:43 GMT
USD/CAD Morning Technical Report
Consolidating below 1.0290 offers an intraday restriction to the upside move, especially as the Linear Regression Indicator 55 and 89 are still biased to the downside
Wednesday June 13 , 2012 05:38 GMT
Gold Morning Technical Report
The metal is trading back above the neckline of the double bottom pattern shown on chart, where price has found resistance at the 61.8%(1616.00), however stabilizing back above the neckline of the pattern in addition to the ascending channel favors further upside
Wednesday June 13 , 2012 05:26 GMT
Silver Morning Technical Report
Silver is stuck among 28.75-29.00 resistance cluster. The upside tendency is clear, however we need to see a clear breach and steady trading above 28.90-29.00 to confirm further
Wednesday June 13 , 2012 05:34 GMT
WTI Crude Oil Morning Technical Report
Oil acquired some upside correction yesterday where it printed a high at 83.70 before reversing again currently around 83.00, thus the suggested negative scenario remains valid and likely
Wednesday June 13 , 2012 05:41 GMT
EUR/GBP Morning Technical Report
Stability below the critical resistance levels suggests further downside movement.
Wednesday June 13 , 2012 06:29 GMT
EUR/JPY Morning Technical Report
We maintain our neutral stance today as well awaiting more confirmations.
Wednesday June 13 , 2012 06:24 GMT
GBP/JPY Morning Technical Report
Breaching the first target mentioned at 123.70 will likely push the pair further to the upside.
Wednesday June 13 , 2012 06:21 GMT
Opinions expressed at ICN.com are those of the individual authors and do not necessarily represent the opinion of ICN.com or its management. ICN.com has not verified the accuracy of any claim or statement made by any independent. Any opinions, news, research, analysis, prices or other information contained on this website, by ICN.com, its employees, partners or contributors, is provided as general market commentary and does not constitute investment advice. ICN.com will not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information. The data contained in this website is not necessarily real-time or accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. ICN.com does not bear any responsibility for any trading losses you might incur as a result of using this data.
No comments:
Post a Comment