Technical Report

Wednesday October 30 , 2013 07:31 GMT

Latest technical updates EUR/USD European Session The pair dropped yesterday Wednesday October 30 , 2013 06:24 GMT GBP/USD European Session The pair dropped affected by the bearish harmonic Crab Pattern Wednesday October 30 , 2013 06:46 GMT USD/JPY European Session The bullish harmonic Bat Pattern's targets extended and the pair is stable above 78.6% correction of CD Leg Wednesday October 30 , 2013 06:55 GMT USD/CAD European Session Despite the pair's weak trading, the pair is still moving to the upside benefiting from stabilizing earlier above 1.0375 Wednesday October 30 , 2013 07:12 GMT USD/CHF European Session In the U.S. session report yesterday we changed our expectation from negative to positive and the pair touched around 0.9000 levels today Wednesday October 30 , 2013 07:06 GMT NZD/USD European Session Update The price reacted to this support by forming a strong bullish hammer candle, Wednesday October 30 , 2013 06:41 GMT AUD/USD European Session Update Extending the upside pullback further is likely now, Wednesday October 30 , 2013 06:32 GMT Gold European Session Update The move is considered correctional so far, and the bullish scenario remains favored. Wednesday October 30 , 2013 06:04 GMT Silver European Session Update Holding above this area should keep the bullish scenario favored. Wednesday October 30 , 2013 06:10 GMT WTI Crude Oil European Session Update We look for another upside attempt towards the average over intraday basis, although we maintain our general bearish bias. Wednesday October 30 , 2013 06:20 GMT SPX Futures (SP13DEC) EU Session SPX futures reached new records high and stability above 1749.75 is required to keep the upside wave intact Wednesday October 30 , 2013 07:30 GMT Dow Futures (DJ13DEC) EU Session Dow futures extended bullishness yesterday approaching again records high set. Linear Regression Indicators are positive and momentum indicators Wednesday October 30 , 2013 07:25 GMT EUR/JPY European Session The pair attempted again to breach 134.95 and was faced with strong resistance as momentum indicators approached overbought areas Wednesday October 30 , 2013 07:18 GMT GBP/JPY European Session The pair is still caught between 157.05 support and the MA 50 resistance at 157.70, keeping the neutral bias intact Wednesday October 30 , 2013 07:15 GMT EUR/JPY European Session Update We expect the bullish bias to remain dominant. Wednesday October 30 , 2013 06:46 GMT

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