Daily Technical Analysis - 15 May 2012

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: 15 May 2012

Time: 9:12 AM (+8 GMT)

EUR-USD
Technical Indicators	4 Hourly	Daily	Weekly	Monthly
MACD	Down	Down	Up	Down
Full Stochastic	Down	Down	Down	Down
Bollinger Bands	Bottom	Bottom	Bottom	Bottom
Chart Formation	Rally downward	Flag Downward	Head/Shoulder	Flag Downward
Market Direction	Down	Down	Down	Down
Market Comments	Short-Term Down | Long-term Down

GBP-USD
Technical Indicators	4 Hourly	Daily	Weekly	Monthly
MACD	Down	Down	Up	Up
Full Stochastic	Down	Down	Up	Up
Bollinger Bands	Middle	Middle	Top	Middle
Chart Formation	Flag Downward	Flag Upward	Flag Upward	Head/Shoulder
Market Direction	Down	Down	Up	Up
Market Comments	Short-Term Down | Long-Term Gradual and Up

GBP-JPY
Technical Indicators	4 Hourly	Daily	Weekly	Monthly
MACD	Up	Down	Up	Up
Full Stochastic	Up	Up	Down	Up
Bollinger Bands	Middle	Bottom	Middle	Middle
Chart Formation	Flag Downward	Flag Downward	Sideway Trending	Sideway Trend
Market Direction	Down	Down	Up	Up
Market Comments	Short-Term Up | Long-term downward and sideway trending

EUR-JPY
Technical Indicators	4 Hourly	Daily	Weekly	Monthly
MACD	Down	Down	Down	Up
Full Stochastic	Down	Down	Down	Up
Bollinger Bands	Bottom	Bottom	Middle	Bottom
Chart Formation	Rally Downward	Head/Shoulder	Sideway Downward Trend	Head/Shoulder
Market Direction	Down	Down	Down	Down
Market Comments	Short-term and Long-term gradual sideway downtrend

AUD-USD
Technical Indicators	4 Hourly	Daily	Weekly	Monthly
MACD	Down	Down	Down	Down
Full Stochastic	Down	Down	Down	Down
Bollinger Bands	Bottom	Bottom	Bottom	Middle
Chart Formation	Rally Downward	Head/Shoulder	Double Top	Upward Trend
Market Direction	Down	Down	Down	Down
Market Comments	Short and Intermediate term down | Long-term upward trending

USD-CAD
Technical Indicators	4 Hourly	Daily	Weekly	Monthly
MACD	Down	Up	Down	Up
Full Stochastic	Down	Up	Up	Down
Bollinger Bands	Top	Top	Middle	Middle
Chart Formation	Rally Upward	Sideway trend	Sideway Trend	Double Bottom
Market Direction	Up	Up	Neutral	Neutral
Market Comments	Short-term Upward movement | Long-term neutral and possibly breakout up