Technical Report

Thursday April 11 , 2013 08:17 GMT

Latest technical updates EUR/USD European Session The pair touched 38.2% correction at 1.3115 yesterday and moved back to the downside affected by overbought signals on Stochastic Thursday April 11 , 2013 06:02 GMT GBP/USD European Session The pair's attempts to the downside remained limited yesterday, yet we find it today trading slightly above Linear Regression Indicator 55 but failed to stabilize below it Thursday April 11 , 2013 06:20 GMT USD/JPY European Session The pair approached 99.85 and also key resistance of the upside move -the psychological barrier- at 100.00 Thursday April 11 , 2013 06:43 GMT USD/CHF European Session The pair is still affected by the negativity of the Double Top Pattern and the breakout of the ascending channel Thursday April 11 , 2013 07:10 GMT USD/CAD European Session The thin trading stable around the first target of the bearish harmonic Bat Pattern at 1.0140, as Stochastic is showing a negative bias Thursday April 11 , 2013 07:20 GMT AUD/USD European Session AUD/USD rebounded downside from levels around the resistance 1.0545, which represents 88.6% correction. Thursday April 11 , 2013 07:29 GMT NZD/USD European Session NZD/USD's steady position above 0.8500 helped it roll on its bullish trend but, overbought signals are reflected by momentum indicators. Thursday April 11 , 2013 07:35 GMT Gold European Session Update The intraday bias is bearish Thursday April 11 , 2013 05:23 GMT Silver European Session Update We will wait for a break below 28.40 support for confirmation. Thursday April 11 , 2013 05:29 GMT WTI Crude Oil European Session Update We will monitor price action around this level for now. Thursday April 11 , 2013 05:39 GMT EUR/GBP European Session Update We need a clear break of this tight range to confirm the next potential move Thursday April 11 , 2013 06:24 GMT EUR./JPY European Session Update The short term bullish trend remains intact Thursday April 11 , 2013 06:17 GMT GBP/JPY European Session Update There is no reason to abandon the bullish view Thursday April 11 , 2013 06:10 GMT

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