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Silver technical levels and trading recommendations for August 27, 2013 27 Aug 2013 | 08:37 pm

Overview The H4 chart demonstrates that Silver would take an upward move after its rebound from the Support level 23.90 and currently is testing the Resistance level 24.40 trying to break it throu...

GBP/JPY technical levels and trading recommendations for August 27, 2013 27 Aug 2013 | 08:36 pm

Overview From the attached H4 chart, the price is closing below the support area of 152.85-152.15 after it moved out of the bullish channel. It gave a new opportunity for more bearish signals today.....

GBP/USD intraday technical levels and trading recommendations for August 27, 2013 27 Aug 2013 | 07:46 pm

Strong bullish pressure was seen during retesting 50% Fibonacci, resulting in bullish engulfing candlestick extending further above 1.5400 (61.8% Fibonacci). This opened the way directly to 78% Fibona...

USD/CAD intraday technical levels and trading recommendations for August 27, 2013 27 Aug 2013 | 07:14 pm

The USD/CAD pair rose steeply approaching the key resistance level of the ascending channel around 1.0530 as depicted in the chart. This happened when the pair established a consolidation range bet...

USDCHF: Downside (Aug 27, 2013) 27 Aug 2013 | 07:12 pm

Overview: USD/CHF is trading with descending risk. It is undermined by the weaker dollar sentiment; flows to the safe-haven franc on increased expectations of U.S. military action against Syria. Dail...

GBP/USD intraday technical levels and trading recommendations for August 27, 2013 27 Aug 2013 | 07:12 pm

Strong bullish sentiment was expected to be found at the support zone around 1.4830 which pushed the pair to the upside reaching 50% Fibonacci level around 1.5275, 1.5400 corresponding to 61.8% Fib...

USD/JPY: Downside (Aug 27 , 2013) 27 Aug 2013 | 07:10 pm

Overview: USD/JPY is consolidating with risks skewed lower as U.S. data focus shift to 14:00 GMT U.S. August consumer confidence index (expected 79.1 versus July's 80.3). USD/JPY is undermined by wea...

GBPJPY: Bearish bias (Aug 27, 2013) 27 Aug 2013 | 07:09 pm

Overview: GBP/JPY is trading with downward risks. It is undermined by negative risk sentiment, Japan exporter sales. But GBP/JPY downside movement is limited by demand from Japan importers. Daily cha...

NZD/USD: Bearish bias (Aug 27, 2013) 27 Aug 2013 | 07:09 pm

Overview: NZD/USD is in range-trade. The rate is supported by weaker dollar sentiment; buoyant commodity prices; reduced worries over China slowdown; Kiwi demand on retreating AUD/NZD cross. But NZD/...

EUR/USD intraday technical levels and trading recommendations for August 27, 2013 27 Aug 2013 | 07:07 pm

Consolidation above the previously broken downtrend depicted in the chart goes on for the 9th day in a row. This took place after finding solid supply around 1.3200. The previous weekly candlestick ....

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