13.06.2012 / 17:30
The EUR/USD currency pair continues moving inside the ascending channel, the closest target of the growth is the area of 1.2650. One can consider buying Euro with the tight stop from the current levels. At shorter time frames we can see that the price has formed “upside down head & shoulders” reversal pattern. The final target of the growth is the area of 1.2810. If Euro falls down lower than 1.2450, this scenario will be cancelled. We recommend to increase the amount of long positions only after the price breaks the level of 1.2565.
13.06.2012 / 12:22
The NZD/USD currency pair is still being corrected. It looks like wave  is taking the form of zigzag pattern with wave (C) being formed inside it. In the near term, we can expect the price to complete the fourth wave and then start falling down again.
13.06.2012 / 14:59
The EUR/JPY currency pair hasn’t been able to stay above the 4/8 level for a long time and right now the market is consolidating between the Super Trends’ lines. If the price breaks the daily Super Trend in the nearest future, the pair will continue falling down towards the 0/8 level.
13.06.2012 / 14:01
GBPUSD, Time Frame Н4 – Tenkan-Sen and Kijun-Sen intersected below Kumo Cloud forming “Golden Cross”, Tenkan Sen turned upwards, and Kijun-Sen is horizontal. Kumo Cloud is going up (2), Senkou Span A is horizontal, and Senkou Span B is directed downwards. Chinkou Lagging Span is above the chart, the price is above the indicator’s lines. In the near term, we can expect the price to return to the cloud’s broken border.
13.06.2012 / 13:16
The H4 chart of the EUR/USD currency pair shows a bearish tendency on the descending trend, which is indicated by black candlesticks. A new ascending closed Window is a resistance level. Three Line Break and Heiken Ashi candlestick charts indicates the correction.