Technical Report

Wednesday April 3 , 2013 09:33 GMT

Latest technical updates EUR/USD European Session The pair fell sharply to trade again around 1.2805 in an attempt to consolidate below this level and below Linear Regression Indicator 34 Wednesday April 3 , 2013 06:42 GMT GBP/USD European Session The pair dropped and is currently trading around 1.5080 levels after failing to stable above 1.5190 earlier Wednesday April 3 , 2013 06:52 GMT USD/JPY European Session The pair might form a Falling Wedge formation. But key resistance level of the downside move halted the upside move yesterday Wednesday April 3 , 2013 07:07 GMT USD/CHF European Session The pair rebounded to the upside and is currently trading above 0.9495 increasing the possibility of positivity Wednesday April 3 , 2013 07:20 GMT USD/CAD European Session The pair is still trying to move to the downside and is now trading close to the first target of the bearish harmonic Bat Pattern Wednesday April 3 , 2013 07:27 GMT AUD/USD European Session AUD/USD failed to sustain the downtrend Tuesday, and on Wednesday it settles above Linear Regression Indicators, which will help it surge once again. Wednesday April 3 , 2013 08:14 GMT NZD/USD European Session NZD/USD settles above Linear Regression Indicators and above the support at 0.8385, attempting to rise again. Wednesday April 3 , 2013 08:20 GMT Gold European Session Update Over intraday basis, the bearish bias may remain dominant. Wednesday April 3 , 2013 06:33 GMT Silver European Session Update At the current level the risk is pretty high, Wednesday April 3 , 2013 06:45 GMT EUR/GBP European Session Update 0.8500 has to be broken to upside to negate the bearish bias for the pair Wednesday April 3 , 2013 07:40 GMT EUR/JPY European Session Update We hold onto our bearish expectations unchanged Wednesday April 3 , 2013 07:31 GMT GBP/JPY European Session Update We still hold onto our downside bias for the pair Wednesday April 3 , 2013 07:19 GMT WTI Crude Oil European Session Update We prefer to remain neutral this morning, and wait for a clear breakout. Wednesday April 3 , 2013 06:51 GMT

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