Technical Report

Thursday March 7 , 2013 07:37 GMT

Latest technical updates EUR/USD European Session The pair dropped and stable now below 1.3000 psychological barrier, representing also bottom C of AB=CD bearish harmonic Pattern Thursday March 7 , 2013 05:55 GMT GBP/USD European Session The pair resumed bearishness to hover around 1.50 psychological barrier with clear bearish bias Thursday March 7 , 2013 06:03 GMT USD/JPY European Session Breaching 94.50 levels might trigger a new bullish wave, while a breakout below 93.05 levels might revive suggested negativity Thursday March 7 , 2013 06:10 GMT USD/CHF European Session We do not rule out bearish correctional moves as momentum indicators offer overbought signals but we will hold on to our positive expectations Thursday March 7 , 2013 06:18 GMT USD/CAD European Session The pair moved to the upside yesterday but remained limited below the Potential Reversal Zone (PRZ) of the bearish Bat Pattern Thursday March 7 , 2013 06:25 GMT AUD/USD European Session The pair dropped during the past few hours but remains limited above 1.0225 levels with four-hour closing Thursday March 7 , 2013 06:41 GMT NZD/USD European Session The pair dropped sharply yesterday after failing to stabilize above Linear Regression Indicator 55 and remained below 0.8355 levels Thursday March 7 , 2013 06:47 GMT Gold European Session Update A break above 1585.00 is needed to confirm the potential bullish rebound, Thursday March 7 , 2013 06:39 GMT Silver European Session Update The previously suggested bullish setup is still intact Thursday March 7 , 2013 06:45 GMT WTI Crude Oil European Session Update We will wait for confirmation before expecting a move higher. Thursday March 7 , 2013 06:54 GMT EUR/GBP European Session EUR/GBP's trades are still critical and undefined. The pair istrading above Linear Regression Indicators as well as above the Exponential Moving Average 50. Thursday March 7 , 2013 07:11 GMT EUR/JPY European Session Upside-biased trading rolled on however it falls within a bearish technical setup, potentially a Rising Wedge Thursday March 7 , 2013 07:05 GMT GBP/JPY European Session GBP/JPY trades in a tight range, despite stability above Linear Regression Indicator 34 Thursday March 7 , 2013 06:51 GMT

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