Technical Report

Friday March 1 , 2013 09:17 GMT

Latest technical updates EUR/USD European Session We will rely on stability below the aforementioned area to favor the extention of the downside move Friday March 1 , 2013 05:36 GMT GBP/USD European Session The pair stabled within a narrow range during throughout the week, mostly trading below 1.5190 levels Friday March 1 , 2013 05:46 GMT USD/JPY European Session The pair is gradually extending the upside move but still limited below the previously broken ascending channel's support Friday March 1 , 2013 05:58 GMT USD/CHF European Session The pair touched 0.9375 levels yesterday, breaching this level is very important to push the pair further to the upside as we previously mentioned Friday March 1 , 2013 06:19 GMT USD/CAD European Session The pair rose yesterday and the upside move is getting closer to 1.0355 levels where it will complete the bearish harmonic Bat Pattern Friday March 1 , 2013 06:26 GMT AUD/USD European Session The pair returned to the downside trading now below 1.0245 levels, reactivating negative pressures once more Friday March 1 , 2013 06:30 GMT NZD/USD European Session The pair moved lower yesterday after failing to stabilize above 0.8355 levels, the bearish bias will extend Friday March 1 , 2013 06:36 GMT Gold European Session Update Holding below 1585.00 resistance will keep the bias negative over intraday basis Friday March 1 , 2013 06:04 GMT Silver European Session Update This is a key support level that should be broken to confirm further downside. Friday March 1 , 2013 06:15 GMT WTI Crude Oil European Session Update We prefer to remain on the sidelines this morning. Friday March 1 , 2013 06:25 GMT EUR/GBP European Session Trading above 0.8575 is viewed as positive, as we see Stochastic displaying a positive crossover. Friday March 1 , 2013 07:23 GMT EUR/JPY European Session Yesterday's bullish movement was weak and was limited below 122.15, maintaining the general downside bias. Friday March 1 , 2013 07:17 GMT GBP/JPY European Session After rising yesterday, the GBP/JPY touched the first proposed target of the bullish correction at 140.80, and it is stable above 140.00 today. Friday March 1 , 2013 07:11 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.