Technical Report

Friday March 15 , 2013 08:31 GMT

Latest technical updates EUR/USD European Session The pair rose sharply yesterday after it traded around 1.2905 levels but remains limited below key resistance of the descending channel Friday March 15 , 2013 06:10 GMT GBP/USD European Session The pair moved to the upside yesterday and breached key resistance level of the descending channel as shown on graph Friday March 15 , 2013 06:19 GMT USD/JPY European Session The pair's upside trading extended benefiting from stability above Linear Regression Indicators. Friday March 15 , 2013 06:33 GMT USD/CHF European Session The pair failed to maintain gains and stable above 0.9495 weakening positivity without cancelling it Friday March 15 , 2013 06:48 GMT USD/CAD European Session The pair dropped yesterday affected by the bearish harmonic Bat Pattern touching the minor support 23.6% correction Friday March 15 , 2013 06:56 GMT AUD/USD European Session The pair extended its positive trading since breaching resistance level of the downside move, today we find it stable above 50% correction at 1.0355 Friday March 15 , 2013 07:04 GMT NZD/USD European Session The pair rose yesterday due to stability above 0.8155 levels which might extend the upside move Friday March 15 , 2013 07:27 GMT Gold European Session Update We expect upside bias today. Friday March 15 , 2013 05:41 GMT Silver European Session Update we prefer to wait for a clearer signs for the next potential direction over intraday basis. Friday March 15 , 2013 05:48 GMT WTI Crude Oil European Session Update We prefer to wait for confirmation by breaking this key resistance at 93.45. Friday March 15 , 2013 05:54 GMT EUR/GBP European Session EUR/GBP's negative trades continue as a result of its position below Linear Regression Indicators as well as below the Exponential Moving Average 50. Friday March 15 , 2013 07:30 GMT EUR/JPY European Session The bullish key support managed to push the EUR/JPY above Linear Regression Indicator 34, favoring potential extension of positivity. Friday March 15 , 2013 07:23 GMT GBP/JPY European Session GBP/JPY rose higher benefiting of its position above 144.10, where stability is considered impetus to more gains. Friday March 15 , 2013 07:11 GMT

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