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Midday update for NZD USD 05/03/2013
The pair fluctuates around the morning mentioned resistance levels, and the price finds solid resistance by EMA50 and Stochastic.
Until now, our neutral attitude remains valid until being certain from the price behavior according to the critical levels between 0.8280- 0.8290.
Expected trading range for today is between: 0.8200 support and 0.8415 resistance.
Expected trend for today: Neutral
Thanks for your feedback.
Midday update for AUD USD 05/03/2013
The pair provides positive trading to reach the falling wedge resistance line at 1.0270, while Stochastic keeps offering the positive signals on the daily time frame.
MoreMidday update for Crude Oil 05/03/2013
Crude oil price shows some positive attempts since morning, where it is approaching calmly towards 91.75, to keep our expectations for the bullish bias valid for today, and we remind you that the trading is limited inside falling wedge which breaching it represents a key for the cancelation of the bearish correction that its details appears by the above chart.
MoreMidday update for Silver 05/03/2013
Silver trades positively approaching from the retest level 29.20, and affected by the positive signal that was explained this morning of Stochastic, while the suggested bearish trend scenario remains valid and active unless breaking 29.20- 29.60
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