Technical Report

Wednesday March 13 , 2013 07:43 GMT

Latest technical updates EUR/USD European Session The pair moved to the upside benefiting from stability above 1.3000 levels again, this rise remained limited below 1.3080 levels Wednesday March 13 , 2013 05:54 GMT GBP/USD European Session The pair rose yesterday in a correctional move powered by consolidation above key support level of the descending channel Wednesday March 13 , 2013 06:12 GMT USD/JPY European Session The pair is trading with downside bias that pushed Stochastic toward oversold areas on intraday basis Wednesday March 13 , 2013 06:32 GMT USD/CHF European Session The negative bias extended yesterday in response to negativity on momentum indicators, but remained limited above 0.9375 Wednesday March 13 , 2013 06:38 GMT USD/CAD European Session The negative trading extends affected by the bearish harmonic Bat Pattern which we think might trigger a bearish correction Wednesday March 13 , 2013 06:57 GMT AUD/USD European Session The pair stabilized above 1.0300 levels after breaching key resistance of the descending channel which is considered positive Wednesday March 13 , 2013 07:08 GMT NZD/USD European Session By examining the pair's movement we find that it's still stable below key resistance level of the downside move Wednesday March 13 , 2013 07:18 GMT Gold European Session Update Holding above 1585.00 favors further upside for gold in the near term Wednesday March 13 , 2013 05:32 GMT Silver European Session Update We maintain our previous bullish expectations Wednesday March 13 , 2013 05:38 GMT WTI Crude Oil European Session Update We remain constructive on oil Wednesday March 13 , 2013 05:45 GMT

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