Technical Report

Thursday August 8 , 2013 07:35 GMT

Latest technical updates NZD/USD European Session Update The pair has broken above the 50-days SMA, reversing the bias to bullish Thursday August 8 , 2013 07:10 GMT AUD/USD European Session Update Holding above 0.9000 keeps the bullish rebound scenario intact. Thursday August 8 , 2013 07:05 GMT AUD/USD European Session Update Holding above 0.9000 keeps the bullish rebound scenario intact. Thursday August 8 , 2013 07:05 GMT USD/CAD European Session Trading above 1.0385 is still considered positive and accordingly we will favor the extension of the upside move Thursday August 8 , 2013 06:48 GMT USD/CHF European Session Despite the downside move, the pair remains limited within the same trading range between 78.6% correction at 0.9265 and 88.6% correction at 0.9200 Thursday August 8 , 2013 06:42 GMT USD/JPY European Session The pair moved lower yesterday and currently trading below 96.75 which supports the extension of the downside move Thursday August 8 , 2013 06:37 GMT GBP/USD European Session The pair moved sharply higher Wednesday and we expect the upside wave to extend today Thursday August 8 , 2013 06:32 GMT EUR/USD European Session The bullish bias remains favored with stability above 1.3270 Thursday August 8 , 2013 06:24 GMT Silver European Session Update Despite the rebound, the bearish scenario remains favored, Thursday August 8 , 2013 06:40 GMT Gold European Session Update The bearish bias remains favored so long as below 1308.00. Thursday August 8 , 2013 06:33 GMT WTI Crude Oil European Session Update We expect further downside today Thursday August 8 , 2013 06:47 GMT EUR/JPY European Session Update Holding below 129.30-129.75 resistance area is necessary for the bearish scenario to remain dominant. Thursday August 8 , 2013 07:34 GMT SPX Futures for SEP Settlement We prefer to stay on the sidelines again today as we need further confirmations on the ability of 1686.00 in supporting bullishness Thursday August 8 , 2013 07:34 GMT GBP/JPY European Session Update We maintain our neutral stance for today as well, awaiting a clear breakout of this range. Thursday August 8 , 2013 07:26 GMT Dow Futures for SEP Settlement (DJ13SEP) The risk limit for today is set below 15405.00 and trading above this level supports the positive outlook Thursday August 8 , 2013 07:23 GMT EUR/GBP European Session Update We suggest a bullish rebound over intraday basis, and so long as 0.8575 support level is holding. Thursday August 8 , 2013 07:16 GMT

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