Technical Report

Monday March 11 , 2013 07:58 GMT

Latest technical updates EUR/USD Weekly Report The pair failed last week to stable above key resistance of the descending channel that organized trading from the top formed at point D of the AB=CD bearish harmonic Pattern Monday March 11 , 2013 05:44 GMT GBP/USD Weekly Report The pair continues to trade within the descending channel that has dominated trading since the breakout below 1.5300 areas Monday March 11 , 2013 06:05 GMT USD/JPY Weekly Session Breaching 95.50 extended the upside move that might carry the pair over the medium-term toward 99.85 levels close to the psychological 100.00 areas Monday March 11 , 2013 06:24 GMT USD/CHF Weekly Report The pair managed to breach 50% correction as shown on graph extending the upside move toward 61.8% correction Monday March 11 , 2013 06:32 GMT USD/CAD Weekly Report The bearish harmonic Bat Pattern is still affecting the pair, trading now below 1.0355 levels, considered a Potential Reversal Zone (PRZ) Monday March 11 , 2013 06:50 GMT AUD/USD Weekly Report This week's trading kick started below 1.0225 levels, but now we find the pair trying to return again above key resistance of the descending channel. Monday March 11 , 2013 06:57 GMT NZD/USD Weekly Report The pair is still trading negatively since the key support levels of the medium-term ascending channel was breached Monday March 11 , 2013 07:05 GMT Gold Weekly Report We will wait for stability above 1585.00-1587.00 before expecting a move higher. Monday March 11 , 2013 05:28 GMT Silver Weekly Report We expect further upside attempts towards 29.50 and 29.85 levels this week. Monday March 11 , 2013 05:38 GMT WTI Crude Oil Weekly Report The bullish bias is likely this week Monday March 11 , 2013 05:52 GMT EUR/GBP Weekly Report EUR/GBP couldn't maintain its position above the bullish channel's key support, weakening the outlook for positivity Monday March 11 , 2013 07:22 GMT EUR/JPY Weekly Report EUR/JPY surged significantly but the Linear Regression Indicator 55 managed to repel the bullish movement Monday March 11 , 2013 07:15 GMT GBP/JPY Weekly Report GBP/JPY rose and settled above 142.50, beyond which stability could sustain the uptrend in an attempt to retest the ascending channel's key support Monday March 11 , 2013 07:08 GMT

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