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Monday, October 8, 2012

Technical Report

Monday October 8 , 2012 13:04 GMT
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Latest technical updates
  • NZD/USD Midday Technical Report

    Trading below 0.8255 this week makes us hold onto the bearish outlook and stability below 0.8185 offers further confirmations for the bearishness.

    Monday October 8 , 2012 11:34 GMT

  • AUD/USD Midday Technical Report

    The pair is retest areas of 1.0165 and Stochastic is preventing the pair from turning to the downside.

    Monday October 8 , 2012 11:30 GMT

  • USD/CAD Midday Technical Report

    The upside move remains limited below 0.9800 areas and below the main resistance for the downside wave

    Monday October 8 , 2012 11:27 GMT

  • USD/CHF Midday Technical Report

    The pair is gradually trending higher and now approaching the main resistance for the downside wave

    Monday October 8 , 2012 11:19 GMT

  • USD/JPY Midday Technical Report

    SMA 20 should provide intraday traders with a good long opportunity

    Monday October 8 , 2012 10:44 GMT

  • GBP/USD Midday Technical Report

    The pair is moving comfortably below the previous placed trough of 1.6135

    Monday October 8 , 2012 10:40 GMT

  • EUR/USD Midday Technical Report

    The EUR/USD pair is presently attacking SMA 20.

    Monday October 8 , 2012 10:34 GMT

  • EUR/GBP Midday Technical Report

    The positive trading is still seen for the pair and that supports the possible formation of an Inverted Head and Shoulders pattern.

    Monday October 8 , 2012 11:52 GMT

  • EUR/JPY Midday Technical Report

    The pair declined and returned to trade below 101.60 and this downside move might push the pair to test 100.75 areas.

    Monday October 8 , 2012 11:48 GMT

  • GBP/JPY Midday Technical Report

    The pair is trading sharply lower and approaching 125.30; breaching this level will confirm the breach of the main ascending support and shows the formation of a double top pattern.

    Monday October 8 , 2012 11:44 GMT

  • Silver Midday Technical Report

    The metal has settled below the intraday support at 34.20-34.30, and thus could continue to gather further bearish momentum towards the previous low at 33.30

    Monday October 8 , 2012 10:43 GMT

  • Gold Midday Technical Report

    A break below the ascending support could confirm the bearish divergence effect mentioned in our weekly report, and result in further downside

    Monday October 8 , 2012 10:43 GMT

  • WTI Crude Oil Midday Technical Report

    Oil has broken the pivotal support at 89.00, adding further negativity and confirmation to the suggested negative scenario,

    Monday October 8 , 2012 10:51 GMT

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