Daily Technical Analysis - 15 Jul 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 July 2012

Time: 12:29 PM (+8 GMT)

EUR-USD
Technical Indicators	4 Hourly	Daily	Weekly	Monthly
MACD	Up	Down	Down	Down
Full Stochastic	Up	Down	Up	Down
Bollinger Bands	Middle	Bottom	Bottom	Bottom
Chart Formation	Unknown	Unknown	Head/Shoulder	Flag Downward
Market Direction	Up	Down	Down	Down
Market Comments	Overall direction is down trend

GBP-USD
Technical Indicators	4 Hourly	Daily	Weekly	Monthly
MACD	Up	Up	Down	Up
Full Stochastic	Up	Down	Up	Up
Bollinger Bands	Top	Middle	Bottom	Bottom
Chart Formation	Unknown	Head/Shoulder	Unknown	Head/Shoulder
Market Direction	Up	Neutral	Neutral	Neutral
Market Comments	The quiet movement keeps market flat but beware of major downtrend

GBP-JPY
Technical Indicators	4 Hourly	Daily	Weekly	Monthly
MACD	Up	Up	Down	Up
Full Stochastic	Up	Down	Up	Up
Bollinger Bands	Top	Bottom	Bottom	Bottom
Chart Formation	Unknown	Head/Shoulder	Head/Shoulder	Unknown
Market Direction	Up	Neutral	Neutral	Neutral
Market Comments	As the market already already at the bottom, the major trend is flat.

EUR-JPY
Technical Indicators	4 Hourly	Daily	Weekly	Monthly
MACD	Up	Down	Down	Flat
Full Stochastic	UP	Down	Up	Up
Bollinger Bands	Middle	Bottom	Bottom	Bottom
Chart Formation	Unknown	Head/Shoulder	Head/Shoulder	Head/Shoulder
Market Direction	Up	Down	Down	Down
Market Comments	The major trend is - gradual downtrend

AUD-USD
Technical Indicators	4 Hourly	Daily	Weekly	Monthly
MACD	Up	Up	Up	Down
Full Stochastic	Up	Up	Up	Down
Bollinger Bands	Middle	Top	Middle	Middle
Chart Formation	Unknown	Head/Shoulder	Head/Shoulder	Unknown
Market Direction	Up	Up	Up	Down
Market Comments	Despite of all the short and intermediate term goes uptrend the long-term is downtrend

USD-CAD
Technical Indicators	4 Hourly	Daily	Weekly	Monthly
MACD	Down	Down	Up	Up
Full Stochastic	Down	Up	Down	Down
Bollinger Bands	Bottom	Bottom	Top	Top
Chart Formation	Unknown	Unknown	Unknown	Head/Shoulder
Market Direction	Down	Neutral	Neutral	Neutral
Market Comments	The long-term future is major up-trend