Forex Technical Analysis (11 Apr 2013)

MACD Settings:- First EMA = 12 | Second EMA = 26 | Signal EMA = 9

Stochastic Settings:- Period = 5 | Average Period Fast = 7 | Average Period Full =7

Bollinger Bands Settings:- Average = 20 | Standard Deviation = 2

Date: 11 April 2013

Time: 7:06 PM (+8 GMT)

GBP-USD
Technical Indicators	4 Hourly	Daily	Weekly	Monthly
MACD	Up	Up	Down	Down
Full Stochastic	Up	Up	Up	Down
Bollinger Bands	Top	Top	Middle	Bottom
Chart Formation	N/A	N/A	N/A	Head/Shoulder
Market Direction	Up	Up	Up	Sideway
Market Comments	Short and Mid-Term moving upwards for correction whereas the long-term direction looks sideway

GBP-USD Monthly Candlestick Chart: Bollinger Bands, Stochastic, MACD Indicators

GBP-JPY
Technical Indicators	4 Hourly	Daily	Weekly	Monthly
MACD	Up	Up	Up	Up
Full Stochastic	Up	Up	Up	Up
Bollinger Bands	Top	Top	Top	Top
Chart Formation	N/A	N/A	N/A	N/A
Market Direction	Up	Up	Up	Up
Market Comments	All indicators from short to long-term are heading upwards, this is obviously indicates the bullish trend of the GBP-JPY pairs

GBP-JPY Monthly Candlestick Chart: Bollinger Band, Stochastic, MACD indicators

EUR-JPY
Technical Indicators	4 Hourly	Daily	Weekly	Monthly
MACD	Up	Up	Up	Up
Full Stochastic	Up	Up	Up	Up
Bollinger Bands	Top	Top	Top	Top
Chart Formation	N/A	N/A	N/A	N/A
Market Direction	Up	Up	Up	Up
Market Comments	Identical to GBP-JPY the direction for EUR-JPY is also heading upward direction. Strong bullish indication as all indicators going upwards direction