Technical Report

Thursday September 12 , 2013 07:15 GMT

Latest technical updates EUR/USD European Session EURUSD managed to hold above 23.6% correction shown on graph at 1.3290 which is considered positive and supports the extension of bullishness Thursday September 12 , 2013 06:00 GMT GBP/USD European Session The pair resumed the upside move as GBPUSD benefited from stability above 1.5750. We expect GBPUSD to resume bullishness Thursday September 12 , 2013 06:19 GMT USD/JPY European Session We expect the downside move to extend, especially as Linear Regression Indicators turned lower Thursday September 12 , 2013 06:23 GMT AUD/USD European Session Update Further bearish correctional movement is probable today. Thursday September 12 , 2013 06:26 GMT USD/CAD European Session The breakout below the harmonic support connecting points A to C shows the possibility of extending bearishness Thursday September 12 , 2013 06:40 GMT NZD/USD European Session Update We prefer to move to the sidelines, awaiting a clear break above 0.8160 and preferably the 200-days SMA at 0.8180. Thursday September 12 , 2013 06:35 GMT USD/CHF European Session We need a breakout below 0.9290 to confirm the extension of the downside move Thursday September 12 , 2013 06:30 GMT Silver European Session The bullish wave remains intact so long as 22.30 is support. Thursday September 12 , 2013 06:03 GMT Gold European Session Update Technically, we should maintain the bullish view so long as this area is holding. Thursday September 12 , 2013 05:50 GMT WTI Crude Oil European Session Update We look to short the commodity as we expect another attempt towards the average, Thursday September 12 , 2013 06:16 GMT S&P 500 Futures Technical Analysis European Session S&P futures continued rising and are now around 78.6% correction at 1687.75, more or less. Thursday September 12 , 2013 07:10 GMT Dow Jones Futures Technical Analysis European Session Dow Jones futures returned steadily above the bullish channel's main support, and managed to consolidate above 61.8% correction at 15275.00. Thursday September 12 , 2013 07:03 GMT EUR/JPY Technical Analysis European Session EUR/JPY pair is trading with an evident downside bias since Thursday opening, and is below 132.70 now. Thursday September 12 , 2013 06:52 GMT GBP/JPY Technical Analysis European Session GBP/JPY pair is adding negative pressure on the bullish channel's support, aiming at retesting 156.70. Thursday September 12 , 2013 06:47 GMT EUR/GBP European Session Update A break below 0.8400 is necessary to confirm the extension of the bearish wave. Thursday September 12 , 2013 06:47 GMT

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