Technical Report

Wednesday August 21 , 2013 07:55 GMT

Latest technical updates USD/CAD European Session The pair is trading around 50% correction at 1.0425 which will be the intraday interval for today Wednesday August 21 , 2013 07:25 GMT USD/CHF European Session Stability below 0.9205 supports the possibility of extending the downside move Wednesday August 21 , 2013 07:10 GMT USD/JPY European Session The pair is currently retesting 50% correction at 97.65 levels, confirming the sideways range dominating trading for almost the past week Wednesday August 21 , 2013 06:42 GMT GBP/USD European Session Yesterday's candle opened and closed above 1.5645 represented in 88.6% correction supporting the upside move Wednesday August 21 , 2013 06:24 GMT NZD/USD European Session Update A clear break and stability below this support is required to confirm further downside. Wednesday August 21 , 2013 06:14 GMT EUR/USD European Session The pair managed to move to the upside and is currently stable above Linear Regression Indicator Wednesday August 21 , 2013 06:13 GMT AUD/USD European Session Update So long as this resistance area is holding back bullish attempts the bearish scenario will remain favored Wednesday August 21 , 2013 06:08 GMT Silver European Session Update So long as above the aforementioned support, we will maintain our bullish bias. Wednesday August 21 , 2013 05:57 GMT Gold European Session Update The bullish scenario remains favored. Wednesday August 21 , 2013 05:52 GMT WTI Crude Oil European Session A break below 104.25 clears the way for further losses. Wednesday August 21 , 2013 06:02 GMT Dow Jones Futures Technical Analysis European Session The Dow Jones futures traded negatively throughout Tuesday's session, and today we mark a slight bullish correction. Wednesday August 21 , 2013 07:53 GMT EUR/JPY Technical Analysis European Session The EUR/JPY pair is in a volatile state near the 130.85--breaching that level would offer confirmations to the continuation of the uptrend. Wednesday August 21 , 2013 07:20 GMT GBP/JPY Technical Analysis European Session The GBP/JPY pair holds above the Moving Average 50, backing the continuation of our positive expectations. Wednesday August 21 , 2013 07:15 GMT EUR/GBP European Session Update This resistance area should limit further upside and push price back lower Wednesday August 21 , 2013 06:20 GMT

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