Technical Report

Monday May 6 , 2013 08:48 GMT

Latest technical updates EUR/USD Weekly Report The EURUSD pair is showing signs of consolidation around 38.2% Fibonacci retracement level following the sharp collapse seen last Thursday Monday May 6 , 2013 05:29 GMT GBP/USD Weekly Report The pair continues to head upwards after experiencing the initial support of 1.5480 last Friday as seen on the provided daily graph Monday May 6 , 2013 05:49 GMT USD/JPY Weekly Report Risk versus reward is inexpedient Monday May 6 , 2013 06:46 GMT USD/CHF Weekly Report USDCHF pair continues to show signs of consolidation after re-testing the support line connecting the movements Monday May 6 , 2013 06:07 GMT USD/CAD Weekly Report Mixed USDCAD trading remained stable below 1.0075 and below Linear Regression Indicators, forcing us to extend our bearish expectations Monday May 6 , 2013 08:13 GMT NZD/USD Weekly Report NZD/USD fluctuates in a sideways range settling above 0.8500, breaking which is necessary to confirm negative expectations. Monday May 6 , 2013 07:19 GMT AUD/USD Weekly Report AUD/USD is now trading below 1.0295 but is stranded between Linear Regression Indicators Monday May 6 , 2013 07:11 GMT Silver Weekly Report Silver dipped sharply on Friday, however rebounded again after testing the support of the ascending channel Monday May 6 , 2013 05:40 GMT Gold Weekly Report Holding above 1478.00 will open the door for another leg higher probably to levels above 1500.00, Monday May 6 , 2013 05:33 GMT WTI Crude Oil Weekly Report We look to short oil near those levels, looking for a minor downside correction. Monday May 6 , 2013 05:50 GMT EUR/GBP Weekly Report We need further confirmation for the upcoming potential direction. Monday May 6 , 2013 06:23 GMT EUR/JPY Weekly Report The bullish bias is favored this week. Monday May 6 , 2013 06:17 GMT GBP/JPY Weekly Report The bullish scenario continues to be favored, Monday May 6 , 2013 06:06 GMT

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