EUR/USD Morning Technical Report
The pair has bounced from areas above 1.2440 support but until now it couldn't take the previous recorded important level at 1.2590
Wednesday August 29 , 2012 04:45 GMT
GBP/USD Morning Technical Report
Moving between 50% and 61.8% Fibonacci retracement of the entire downside rally from 1.6300 to 1.5265 forces us to stand aside
Wednesday August 29 , 2012 04:47 GMT
USD/JPY Morning Technical Report
The pair remains locked in a consolidation mode above 76.4% Fibonacci level
Wednesday August 29 , 2012 04:49 GMT
USD/CHF Morning Technical Report
We expect the downside move today to extend as far as trading remains below 0.9655.
Wednesday August 29 , 2012 06:17 GMT
USD/CAD Morning Technical Report
We see that trading above 0.9870 might trigger a new upside move to test 0.9935
Wednesday August 29 , 2012 06:26 GMT
AUD/USD Morning Technical Report
Trading below 1.0440 supports the downside move for today supported by the negativity on the Linear Regression Indicators.
Wednesday August 29 , 2012 06:33 GMT
NZD/USD Morning Technical Report
The Linear Regression Indicators are negative but so far remain neutral and accordingly we still hold our neutral stance and observe trading around 0.8037.
Wednesday August 29 , 2012 06:37 GMT
Gold Morning Technical Report
The metal retested the broken descending resistance, which turned into support around 1655.00 level, where price rebounded again and currently approaching the recent highs.
Wednesday August 29 , 2012 05:14 GMT
Silver Morning Technical Report
The downside pullback was shallow and limited to 30.50 areas yesterday, before the metal headed to the upside again.
Wednesday August 29 , 2012 05:24 GMT
EUR/GBP Morning Technical Report
The upside bias remains valid with stability above 0.7925 which turned into good support.
Wednesday August 29 , 2012 07:02 GMT
EUR/JPY Morning Technical Report
The pair managed to hold above 98.60 which is considered positive and might trigger a new upside wave
Wednesday August 29 , 2012 06:55 GMT
GBP/JPY Morning Technical Report
The upside move stopped as the pair entered overbought areas over intraday basis as seen on Stochastic which might trigger some downside correctional movement.
Wednesday August 29 , 2012 06:50 GMT
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