Technical Report

Thursday October 10 , 2013 08:18 GMT

Latest technical updates USD/CAD European Session The pair managed to breach 1.0380 levels strengthening the upside move Thursday October 10 , 2013 07:21 GMT USD/CHF European Session The pair managed to stabilize above 113% correction at 0.9110 shown on graph Thursday October 10 , 2013 07:15 GMT USD/JPY European Session The pair managed to move to the upside trading stably above 61.8% correction at 97.65 Thursday October 10 , 2013 06:51 GMT GBP/USD European Session The pair's downside move pushed it to trade today below 38.2% correction at 1.5940 as shown on graph Thursday October 10 , 2013 06:42 GMT NZD/USD European Session Update Further downside over intraday basis is likely Thursday October 10 , 2013 06:23 GMT EUR/USD European Session The pair moved to the downside and broke 1.3505 levels and stabilized below it Thursday October 10 , 2013 06:22 GMT AUD/USD European Session Update We move from bullish to neutral, awaiting a confirmation signal. Thursday October 10 , 2013 06:16 GMT Silver European Session Update Holding above 21.50 horizontal support should keep the bullish pattern valid. Thursday October 10 , 2013 05:52 GMT Gold European Session Update We may see a move back towards the main descending resistance. Thursday October 10 , 2013 05:44 GMT WTI Crude Oil European Session Update We prefer to wait for a confirmation signal of a downside reversal over the lower time intervals. Thursday October 10 , 2013 06:08 GMT SPX Futures (SP13DEC) EU Session A slight upside correction does not affect the downside trend triggered with the breakout below the main ascending support as we mentioned in our report yesterday Thursday October 10 , 2013 08:10 GMT Dow Futures (DJ13DEC) EU Session Dow futures moved lower yesterday trading around 113% correction shown on graph at 14625.00 before rebounding higher Thursday October 10 , 2013 08:00 GMT EUR/JPY European Session The pair approached 131.00 areas yesterday from where it rebounded to the upside once again above 50% Fibonacci correction at 131.45 Thursday October 10 , 2013 07:29 GMT GBP/JPY European Session The breakout attempt below 155.20 failed as the pair couldn't stabilize for long below it Thursday October 10 , 2013 07:25 GMT EUR/GBP European Session Update We prefer to wait for more stability above 0.8465 to confirm further upside. Thursday October 10 , 2013 06:32 GMT

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