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Midday update for Gold 06/03/2013
Gold price shows some slight bearish bias since morning, where EMA50 is pressing negatively on the intraday trading, to continue in preferring the main bearish trend which requires a clear break for 1567.00 to confirm it.
Expected trading range for today is between: 1555.00 support and 1600.00 resistance.
Expected trend for today: Bearish
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Midday update for GBP USD 06/03/2013
The pair bounced lower according to our expectations, where the price remains below 1.5190, to approach from the initial target at 1.5000
MoreMidday update for EUR USD 06/03/2013
The pair shows some bearish bias affected by the critical resistance that mentioned this morning at 1.3075, and might be forced to lean on the psychological barrier 1.3000
MoreEUR JPY settles at the support 6/3/2013
The pair settles in tight range above the support level to keep the positive trading until this moment, we remain in our positive expectation to achieve 122.60 followed by 123.70 conditioned by the support level 121.00.
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