EUR/USD Morning Technical Report
Despite achieving a bullish wave yesterday but we have three technical obstacles that force us to stay aside
Thursday June 7 , 2012 04:39 GMT
GBP/USD Morning Technical Report
The pair has been able to achieve a very positive closing above 76.4% Fibonacci retracement
Thursday June 7 , 2012 04:47 GMT
USD/JPY Morning Technical Report
The bullish scenario discussed several times this week remains valid over intraday basis supported by the positive candlesticks formations
Thursday June 7 , 2012 04:54 GMT
USD/CHF Morning Technical Report
We prefer staying aside today until more accurate signs appear to pinpoint the upcoming move.
Thursday June 7 , 2012 05:01 GMT
NZD/USD Morning Technical Report
The pair has broken the range bound, invalidating the ranging scenario, meanwhile a potential double bottom formation has completed by breaking the neckline of the pattern at 0.7675, which will extend the upside target for the bullish wave initially towards
Thursday June 7 , 2012 05:56 GMT
AUD/USD Morning Technical Report
Aussie maintained the bullish bias after breaking above the descending resistance shown on image, where its currently testing 0.9965 horizontal resistance. The break above the descending resistance could push price higher,
Thursday June 7 , 2012 05:48 GMT
USD/CAD Morning Technical Report
Loonie continued the decline, the pair has broken 1.0310 support in addition to the ascending trend line for the whole bullish wave, and that indicates further intraday bearishness is likely today.
Thursday June 7 , 2012 05:37 GMT
Silver Morning Technical Report
Silver inclined yesterday; however the metal wasn't able to provide a closing above 23.6% Fibonacci correction around 29.30
Thursday June 7 , 2012 05:22 GMT
Gold Morning Techncial Analysis
Gold inclined reaching the level of 1640.00 as expected, but then reversed to the downside
Thursday June 7 , 2012 05:04 GMT
WTI Crude Oil Morning Technical Report
Trading settles between the 20 and 50 Exponential moving averages. although price settles within the descending channel; it is difficult to confirm the intraday direction, especially that RSI fails to break above 50 while
Thursday June 7 , 2012 06:04 GMT
EUR/GBP Morning Technical Analysis
The pair provided a daily closing above 0.8100, which supports the suggested positive scenario to remain valid
Thursday June 7 , 2012 05:42 GMT
EUR/JPY Morning Technical Analysis
The pair approaches 38.2% Fibonacci correction at 100.30, as SMA 50 supports the current upside correction
Thursday June 7 , 2012 05:35 GMT
GBP/JPY Morning Technical Report
The pair continues to incline approaching 38.2% Fibonacci correction which resides the resistance of the descending main channel
Thursday June 7 , 2012 05:29 GMT
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