Technical Report

Tuesday February 26 , 2013 08:12 GMT

Latest technical updates EUR/USD European Session The pair fell sharply achieving the AB=CD bearish harmonic Pattern's target and currently stable below 88.6% of CD Leg Tuesday February 26 , 2013 05:56 GMT GBP/USD European Session The pair moved higher to return above 1.5185 shown on graph trying to cover the bearish opening gap provided with the kickstart of the week Monday Tuesday February 26 , 2013 06:19 GMT USD/JPY European Session The pair dropped sharply achieving all the suggested negative targets mentioned in our previous reports Tuesday February 26 , 2013 06:28 GMT USD/CHF European Session The pair consolidated yesterday above Linear Regression Indicators despite heavy volatility Tuesday February 26 , 2013 06:51 GMT AUD/USD European Session Trading also between Linear Regression Indicators makes us prefer to remain neutral today Tuesday February 26 , 2013 07:06 GMT NZD/USD European Session The pair dropped below 0.8355 levels weakening the positive expectations mentioned yesterday Tuesday February 26 , 2013 07:18 GMT Gold European Session Update We maintain our expectations for a potential downside move today Tuesday February 26 , 2013 05:36 GMT Silver European Session Update We expect price to resume the downside attempts today Tuesday February 26 , 2013 05:48 GMT WTI Crude Oil European Session Update The next potential support and target level is at 91.50 area. Tuesday February 26 , 2013 05:56 GMT EUR/GBP European Session EUR/GBP plunged accomplishing all of the technical objectives delivered in the weekly report. Tuesday February 26 , 2013 07:19 GMT EUR/JPY European Session EUR/JPY dropped severely yesterday meeting all of our technical objectives and has now settled below 122.15. Tuesday February 26 , 2013 07:13 GMT GBP/JPY European Session GBP/JPY dipped sharply after breaking the ascending channel's support earlier, forming a technical setup similar to that of the Double-Top Pattern. Tuesday February 26 , 2013 06:51 GMT

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