Technical Report

Tuesday July 10 , 2012 06:51 GMT

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Latest technical updates

• EUR/USD Morning Technical Report

  Only a break above 1.2400 should worry us over the sustainability of the bearish wave.

  Tuesday July 10 , 2012 05:12 GMT

• GBP/USD Morning Technical Report

  A sustained break below 1.5480 is necessary to maintain the bearish wave

  Tuesday July 10 , 2012 05:23 GMT

• USD/JPY Morning Technical Report

  We still see upside potential supported by the recently formed higher highs and lows and stability above the 200-days SMA

  Tuesday July 10 , 2012 05:31 GMT

• USD/CHF Morning Technical Report

  The possibility for the pair to continue the upside move remains valid supported by the previous breach of 0.9680

  Tuesday July 10 , 2012 06:08 GMT

• USD/CAD Morning Technical Report

  The pair was able to stabilize above 1.0200 and that supports the resumption of the upside wave.

  Tuesday July 10 , 2012 06:13 GMT

• AUD/USD Morning Technical Report

  We will remain neutral for now awaiting confirmations whether the pair will breach the support or fail.

  Tuesday July 10 , 2012 06:20 GMT

• NZD/USD Morning Technical Report

  We expect the pair to extend the downside move as far as stability remains below the previous top at 0.8077 and preferably below 0.7985.

  Tuesday July 10 , 2012 06:26 GMT

• Gold Morning Technical Report

  We will continue to count on this range-bound;

  Tuesday July 10 , 2012 05:40 GMT

• Silver Morning Technical Report

  Although the metal has been trading within a range, it seems like it's finding difficulties to maintain a bullish bias

  Tuesday July 10 , 2012 05:55 GMT

• WTI Crude Oil Morning Technical Report

  Oil successfully reached the first target for yesterday

  Tuesday July 10 , 2012 06:01 GMT

• EUR/GBP Morning Technical Report

  We still expect an upside correction while breaching 0.7850 is sufficient to fail our expectations.

  Tuesday July 10 , 2012 06:50 GMT

• EUR/JPY Morning Technical Report

  The downside bias remains intact affected by the double top pattern shown above.

  Tuesday July 10 , 2012 06:40 GMT

• GBP/JPY Morning Technical Report

  The downside move was halted in areas near 38.2% correction at 123.15 yet the general negative signals are still intact

  Tuesday July 10 , 2012 06:34 GMT

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