NZD/USD Midday Technical Report
The pair is approaching the targets of the downside move which is likely to continue with stability below 23.6% correction shown above at 0.7930
Thursday July 12 , 2012 11:45 GMT
AUD/USD Midday Technical Report
Stability below 1.0153 shown above formed a Double Top pattern and that might extend the downside move.
Thursday July 12 , 2012 11:40 GMT
USD/CAD Midday Technical Report
The risk to reward ratio is now high and according we prefer to stay aside for the rest of the session.
Thursday July 12 , 2012 11:36 GMT
USD/CHF Midday Technical Report
The pair moved higher from areas around 0.9870 resistance areas that might be the reversal areas for the downside correction
Thursday July 12 , 2012 11:31 GMT
USD/JPY Midday Technical Report
We prefer to monitor price action at 79.00 area for now and negate our morning expectations
Thursday July 12 , 2012 10:49 GMT
GBP/USD Midday Technical Report
The pair is attempting to break the neckline of the bearish double top pattern
Thursday July 12 , 2012 10:44 GMT
EUR/USD Midday Technical Report
The bearish bias is strong and expected to remain dominant
Thursday July 12 , 2012 10:39 GMT
Silver Midday Technical Report
Our morning expectation remains valid, and requires steady trading above 26.00
Thursday July 12 , 2012 11:01 GMT
Gold Midday Technical Report
We still see the range bound valid, and thus hold onto our morning scenario
Thursday July 12 , 2012 10:54 GMT
EUR/GBP Midday Technical Report
The pair failed to hold above 0.7930 and that makes us expect the downside move to extend further.
Thursday July 12 , 2012 12:11 GMT
EUR/JPY Midday Technical Report
The downside move is likely to extend to test the second target mentioned at 96.25.
Thursday July 12 , 2012 12:04 GMT
GBP/JPY Midday Technical Report
The pair declined sharply and breached 122.89 areas and that pushed it to approach our first set target.
Thursday July 12 , 2012 11:53 GMT
WTI Crude Oil Midday Technical Report
Stochastic is gradually losing the bullish momentum supporting the negative scenario.
Thursday July 12 , 2012 11:05 GMT
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