Technical Report

Thursday February 21 , 2013 13:29 GMT

Latest technical updates EUR/USD U.S. Session The pair broke the key support level of the upside move strengthening the possibility of achieving extended targets Thursday February 21 , 2013 12:12 GMT GBP/USD U.S. Session By examining the four-hour interval graph, we see the pair moving to the upside, trading above 1.5225 levels Thursday February 21 , 2013 12:28 GMT USD/CAD U.S. Session The pair is facing difficulty in breching key resistance of the ascending channel Thursday February 21 , 2013 12:52 GMT USD/CHF U.S. Session The pair is extending the upside move benefiting from stability above 0.9270 Thursday February 21 , 2013 12:43 GMT USD/JPY U.S. Session The pair is moving to the downside in response to our negative expectations Thursday February 21 , 2013 12:35 GMT NZD/USD U.S. Session The pair is trading with a bullish bias benefiting from the key support level of the ascending channel Thursday February 21 , 2013 13:16 GMT AUD/USD U.S. Session The pair is trading with slight positivity, but stability below 1.0275 levels makes us think that the possibility of extending negativity is valid Thursday February 21 , 2013 13:03 GMT Gold U.S. Session Update We still see further downside for gold Thursday February 21 , 2013 11:44 GMT Silver U.S. Session Update Overall, we maintain our previously suggested bearish scenario unchanged. Thursday February 21 , 2013 11:50 GMT WTI Crude Oil U.S. Session Update The completion of the double top pattern hints further weakness in the near term. Thursday February 21 , 2013 11:58 GMT EUR/GBP U.S. Session EMA 50 has blocked the EUR/GBP pair's bearish impetus, and Stochastic has entered oversold areas. Thursday February 21 , 2013 13:06 GMT EUR/JPY U.S. Session EUR/JPY dropped touching all targets suggested in our previous report. Thursday February 21 , 2013 12:58 GMT GBP/JPY U.S. Session GBP/JPY trades negatively, as stability below 142.50 threatens to prolong the negativity. Thursday February 21 , 2013 12:53 GMT

Advertisement

www.icn.com  | contact us: info@icn.com

Risk Disclaimer: All information on this page is subject to change. The use of this website constitutes acceptance of our Privacy Policy and Terms of Service. Please read our Privacy Policy and legal disclaimers. Please note that Forex trading (OTC Trading) involves substantial risk of loss, and may not be suitable for everyone.
Opinions expressed at ICN.com are those of the individual authors and do not necessarily represent the opinion of ICN.com or its management. ICN.com has not verified the accuracy of any claim or statement made by any independent. Any opinions, news, research, analysis, prices or other information contained on this website, by ICN.com, its employees, partners or contributors, is provided as general market commentary and does not constitute investment advice. ICN.com will not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information. The data contained in this website is not necessarily real-time or accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. ICN.com does not bear any responsibility for any trading losses you might incur as a result of using this data.