Technical Report

Monday February 18 , 2013 09:39 GMT

Latest technical updates EUR/USD Weekly Report The pair is still trading negatively, kick starting the week below 50% correction of CD Leg of the AB=CD bearish harmonic Pattern Monday February 18 , 2013 06:04 GMT GBP/USD Weekly Report The pair is still stable below 1.5525 which is negative and can negate any oversold signals the pair might show Monday February 18 , 2013 06:14 GMT USD/JPY Weekly Session This week's trading started positively with a bullish opening gap that pushed Stochastic into overbought areas Monday February 18 , 2013 06:31 GMT USD/CHF Weekly Report The pair managed to stay positive consolidating above Linear Regression Indicators since it stabilized above key resistance level of the downside move as shown on the graph Monday February 18 , 2013 06:39 GMT NZD/USD Weekly Report The pair dropped again and trading below 0.8480 and 0.8450 resistance levels weakening positivity Monday February 18 , 2013 07:00 GMT AUD/USD Weekly Report The downside move seen remains limited above 1.0270 levels. Meanwhile, Stochastic and Linear Regression Indicators offer negativity Monday February 18 , 2013 06:51 GMT USD/CAD Weekly Report Despite the fact that the pair didn't breach 1.0085 levels till now, Friday's closing above 1.0055 levels weakens the bearish possibility Monday February 18 , 2013 06:46 GMT Gold Weekly Report We expect further bearish bias eying 1680.00-1685.00 as the next potential target and support level. Monday February 18 , 2013 05:38 GMT Silver Weekly Report A pullback towards the broken ascending support and the 200-days SMA may provide another opportunity to short the metal Monday February 18 , 2013 05:54 GMT WTI Crude Oil Weekly Report The double top if completed would signal a serious sell-off in the near term Monday February 18 , 2013 06:09 GMT EUR/GBP Weekly Report Extension of the bearish correction did not succeed last week as we have seen the pair hovering around 0.8575 Monday February 18 , 2013 07:22 GMT EUR/JPY Weekly Report EUR/JPY rebounded bullishly from levels surrounding the uptrend's key support, and it has settled above Linear Regression Indicators Monday February 18 , 2013 07:10 GMT GBP/JPY Weekly Report GBP/JPY dropped to a low at 142.78 last week, and before touching 142.60 it rebounded upwards back into the ascending channel Monday February 18 , 2013 06:57 GMT

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