Technical Report

Tuesday April 9 , 2013 08:12 GMT

Latest technical updates EUR/USD European Session Stability above 1.3040 signals a possible new bullish wave Tuesday April 9 , 2013 06:15 GMT GBP/USD European Session The downside move remained limited yesterday above 1.5240 levels as stability above it will trigger another attempt Tuesday April 9 , 2013 06:26 GMT USD/JPY European Session The pair is trading around 161.8% Fibonacci at 99.25 as shown on graph, meanwhile RSI is trading in overbought areas Tuesday April 9 , 2013 06:43 GMT USD/CHF European Session The pair is still stable below 38.2% correction at 0.9360 accordingly likely to test 50% correction at 0.9290 Tuesday April 9 , 2013 06:51 GMT AUD/USD European Session AUD/USD rose confirming stability above Linear Regression Indicators after touching 38.2% correction at 1.0350. Tuesday April 9 , 2013 07:32 GMT NZD/USD European Session NZD/USD is retesting the bullish channel's key resistance – earlier broken support – around 0.8510. Tuesday April 9 , 2013 07:40 GMT USD/CAD European Session The pair attempted to rise but remained limited below 23.6% CD Leg of the bearish harmonic Bat Pattern Tuesday April 9 , 2013 06:01 GMT Gold European Session Update We still see further upside for gold over the near term Tuesday April 9 , 2013 05:14 GMT Silver European Session Update We may see an extension of the bullish rebound if price manages to hold above the aforementioned resistance. Tuesday April 9 , 2013 05:20 GMT WTI Crude Oil European Session Update The risk to reward is inappropriate at the current levels Tuesday April 9 , 2013 05:28 GMT EUR/GBP European Session Update We expect the bullish move to extend towards the 50-days SMA Tuesday April 9 , 2013 06:12 GMT EUR./JPY European Session Update We expect further upside for the pair. Tuesday April 9 , 2013 06:08 GMT GBP/JPY European Session Update we will continue to anticipate a minor pullback before expecting a bullish move Tuesday April 9 , 2013 06:03 GMT

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