EUR/USD Morning Technical Report
Yesterday's bounce from 23.6% Fibonacci retracement level of the wave from 1.3485 to 1.2285 has been limited below 38.2% level as well
Wednesday June 20 , 2012 04:35 GMT
GBP/USD Morning Technical Report
Yesterday's retreat from 38.2% Fibonacci territories has been limited below SMA 50 and SMA 100
Wednesday June 20 , 2012 04:42 GMT
USD/JPY Morning Technical Report
The pair remains stable above the previous broken resistance line –turned into support- of the descending channel
Wednesday June 20 , 2012 04:45 GMT
USD/CHF Morning Technical Report
The downside move seen yesterday negated our intraday expectations with the breach of 0.9480; nevertheless, it still did not cancel our weekly positive scenario with stability above 0.9405
Wednesday June 20 , 2012 05:42 GMT
NZD/USD Morning Technical Report
We prefer to remain neutral especially with the overbought signs on momentum indicators
Wednesday June 20 , 2012 06:01 GMT
AUD/USD Morning Technical Report
The resumption of the upside move remain valid to test areas of 1.0285 (78.6% correction)
Wednesday June 20 , 2012 05:55 GMT
USD/CAD Morning Technical Report
Trading below 1.0260 supports the bearish outlook that might push the pair towards the correction level shown on the chart above at 1.0120 and 1.0045.
Wednesday June 20 , 2012 05:48 GMT
Gold Morning Technical Report
In general, the double bottom formation in addition to stability above the aforementioned levels support the idea of maintaining the bullish bias today.
Wednesday June 20 , 2012 05:17 GMT
Silver Morning Technical Report
In general, the sideways range is still intact, and thus we may see another upside attempt to retest to the resistance of the triangle at 29.00 areas.
Wednesday June 20 , 2012 05:25 GMT
WTI Crude Oil Morning Technical Report
On the main image, trading continues to settle below the support of the main ascending channel, accordingly, we hold onto our negative intraday expectations, targeting
Wednesday June 20 , 2012 05:33 GMT
EUR/GBP Morning Technical Report
Stability above the main support of the correctional bullish formation at 0.8020 keeps the possibility for us to see the extension of the upside wave
Wednesday June 20 , 2012 06:27 GMT
EUR/JPY Morning Technical Report
We remain neutral for today as well awaiting more confirmations.
Wednesday June 20 , 2012 06:23 GMT
GBP/JPY Morning Technical Report
The pair is currently trading above the first target of the bullish harmonic Bat Pattern at 123.70 and accordingly we still expected the upside move to continue
Wednesday June 20 , 2012 06:16 GMT
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