Technical analysis

Pair USD/JPY remains under pressure, close to the upper boundary of a short-term descending channel, slightly below resistance area 80.10-80.30 and below 50% Fibonacci extension level for the growth wave February-March 2012. Negative outlook for the pair is confirmed by the head and shoulders pattern formation with a target at 77.00. However momentum and stochastic indicators are showing signs of divergence, confirming deceleration in the downward movement. Possible support levels can be settled at 79.40, 61.8% Fibonacci extension – 79.15, and also at 78.25.

Levels Value
RES 3 81.80
RES 2 81.05
RES 1 80.30
SUP 1 79.40
SUP 2 78.25
SUP 3 77.00


Forex
  Symbol Bid Ask
AUDJPY 78.99 79.04
AUDNZD 1.2975 1.2987
AUDUSD 0.9891 0.9894
CADJPY 78.57 78.62
CHFJPY 84.87 84.91
EURAUD 1.2899 1.2909
EURCAD 1.2970 1.2979
EURCHF 1.2010 1.2013
EURGBP 0.8090 0.8092
EURJPY 101.95 101.98
EURSEK 9.0817 9.0867
EURUSD 1.2765 1.2767
GBPAUD 1.5945 1.5955
GBPCAD 1.6031 1.6042
GBPCHF 1.4844 1.4851
GBPJPY 126.00 126.07
GBPNZD 2.0689 2.0719
GBPSEK 11.2238 11.2308
GBPUSD 1.5778 1.5781
NZDCAD 0.7740 0.7750
NZDCHF 0.7166 0.7176
NZDJPY 60.83 60.92
NZDUSD 0.7619 0.7624
USDCAD 1.0161 1.0165
USDCHF 0.9408 0.9411
USDDKK 5.8193 5.8233
USDJPY 79.86 79.89
USDNOK 5.9268 5.9318
USDSEK 7.1136 7.1186
USDSGD 1.2689 1.2697

Metals
  Symbol Bid Ask
XAGUSD 28.227 28.291
XAUUSD 1580.85 1581.50

CFDs on Stock Indices
  Symbol Bid Ask
CAC40 3062.19 3067.19
DAX 6396.40 6401.40
DJI 12532.7 12539.7
FTSE100 5370.82 5375.82
Nd100 2552.85 2553.85
SP500 1321.03 1321.78

Commodities
  Symbol Bid Ask
OIL 92.88 92.98

Interest rates
Country Value
USA 0.25%
Japan 0.10%
Eurozone 1.00%
UK 0.50%
Switzerland 0.25%
Australia 3.75%
Canada 1.0%
Norway 1.5%
New Zealand 2.5%
Sweden 1.5%

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