|
Midday 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
In general, the suggested positive scenario will remain valid and active for today unless 1.2990 was broken and held below it.
Expected trading range for today is between: 1.2900 support and 1.3200 resistance.
Expected trend for today: Bullish
Thanks for your feedback.
EUR 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.
MoreGBP JPY moves calmly 6/3/2013
The pair continued in its bullish bias to settle around 141.10 calmly without achieving the suggested targets at 142.20, and by the chart we notice the stability of the price within the bullish channel, therefore we remain in our previous expectation to reach 142.20 if the channel’s support level settled at 140.40 today.
MorePlatinum is above the support 6/3/2013
Platinum remains in its positive level by settling above 1560.00, which represents the initial support level for the current trading.
More