Technical Report

Tuesday March 12 , 2013 13:23 GMT

Latest technical updates EUR/USD U.S. Session The pair's trading is still limited in a narrow range below key resistance level of the descending channel Tuesday March 12 , 2013 12:00 GMT GBP/USD U.S. Session The pair rebounded to the upside again from key support level of the downside move as shown on graph Tuesday March 12 , 2013 12:12 GMT USD/JPY U.S. Session The pair dropped quickly but still limited above 95.50 levels, as stability above this level might revive the upside move Tuesday March 12 , 2013 12:22 GMT USD/CAD U.S. Session The pair moved slightly to the upside yet stability below 1.0355 levels will keep negative possibility valid Tuesday March 12 , 2013 12:36 GMT AUD/USD U.S. Session The pair rose sharply breaching 1.0300 -38.2% correction- and likely to extend the move toward 50% and maybe 61.8% correction Tuesday March 12 , 2013 12:52 GMT USD/CHF U.S. Session The pair is trading with a bearish bias affected by negativity on momentum indicators Tuesday March 12 , 2013 12:29 GMT NZD/USD U.S. Session Thin trading is seen for the pair and Linear Regression Indicators are also trading negatively Tuesday March 12 , 2013 13:08 GMT Gold U.S. Session Update We expect the upside move to extend towards 1602.00 and 1618.00 levels. Tuesday March 12 , 2013 11:31 GMT EUR/GBP U.S. Session EUR/GBP preserved positive trades despite the occurrence of a temporary bearishness; it was confined in levels above LRI 55. Tuesday March 12 , 2013 12:51 GMT EUR/JPY U.S. Session EUR/JPY is still revolving around LRI 55 but there are no confirmation that it resided above it yet. Tuesday March 12 , 2013 12:46 GMT GBP/JPY U.S. Session All of the suggested objectives surrounding 142.00 have been met, and now the GBP/JPY pair rebound upside. Tuesday March 12 , 2013 12:43 GMT

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