Technical Report

Wednesday January 16 , 2013 07:12 GMT

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Latest technical updates

• EUR/USD European Session Update

  Stochastic offers negative crossover supporting the possible negativity during today's session

  Wednesday January 16 , 2013 05:35 GMT

• GBP/USD European Session Update

  Momentum indicators and Linear Regression Indicators offer negative signals as shown on the graph in line with the pair's decline

  Wednesday January 16 , 2013 05:43 GMT

• USD/JPY European Session Update

  Breaking 88.20 levels shown on the graph has taken the pair out of the ascending channel, delaying the upside

  Wednesday January 16 , 2013 05:54 GMT

• USD/CHF European Session Update

  The upside rush extended and the pair touched the first extended target of the bullish AB=CD harmonic Pattern

  Wednesday January 16 , 2013 06:03 GMT

• NZD/USD European Session Update

  Trading above 0.8355 levels force us to hold on to our positive expectations

  Wednesday January 16 , 2013 06:26 GMT

• AUD/USD European Session Update

  Trading above 1.0490 levels will force us hold onto the bullish expectations.

  Wednesday January 16 , 2013 06:19 GMT

• USD/CAD European Session Update

  Areas of 0.9780 must hold for our positive expectations to prevail.

  Wednesday January 16 , 2013 06:13 GMT

• Gold European Session Update

  unless we see a clear break at least above the 1685.00 level, we will continue to stand on the sidelines

  Wednesday January 16 , 2013 05:25 GMT

• Silver European Session Update

  Holding below 31.50 keeps the bearish resumption scenario possible

  Wednesday January 16 , 2013 05:33 GMT

• WTI Crude Oil European Session Update

  We still believe there still some room to the downside

  Wednesday January 16 , 2013 05:43 GMT

• EUR/GBP European Session

  The bearish candlestick confirmed yesterday suggests the pair is entering a downside correction for a short period of time.

  Wednesday January 16 , 2013 07:04 GMT

• EUR/JPY European Session Update

  Overall bullishness has not been cancelled, yet we opine chances for extending downside correction very likely throughout today's session.

  Wednesday January 16 , 2013 06:55 GMT

• GBP/JPY European Session Update

  Downtrend rolled on as expected in our previous report. Today, we consider any trading below 142.60 reason for more negativity.

  Wednesday January 16 , 2013 06:48 GMT

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