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Daily Technical Analysis 11.1.2013 ACFX.com

AtlasCapitalFX

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Daily Technical Analysis for Gold as at 11th January 2013

DAILY OVERVIEW
Trend : Short
Ambush Zone : 1660 – 1680
Target 1 : 1625
Target 2 : 1590
Stop : >1695



Comments
Yesterday we saw a strong positive move into Fibonacci resistance. We continue to monitor the price action
for signs of weakness and possible resumption of the prior down trend.

Definitions
Trend : Current trend as defined by technical Swing Analysis
HH : Higher High
HL : Higher Low
LL : Lower Low
LH : Lower High
CofT : Change of Trend



Daily Technical Analysis for USDJPY as at 11th January 2013

DAILY OVERVIEW
Trend : Long
Ambush Zone : -
Target 1 : -
Target 2 : -
Stop : -



Comments
USDJPY continues to trade higher with only brief pauses of consolidation. Our bias is long but with no Swing
set up for the time being.

Definitions
Trend : Current trend as defined by technical Swing Analysis
HH : Higher High
HL : Higher Low
LL : Lower Low
LH : Lower High
CofT : Change of Trend

Daily Technical Analysis for EURUSD as at 11thJanuary 2013

DAILY OVERVIEW
Trend : Long
Ambush Zone : 1.3090 – 1.2965
Target 1 : 1.3310
Target 2 : 1.3385
Stop : < 1.2875



Comments
Yesterday afternoon we saw a strong move away from Fibonacci support into the direction of Target 1. We
continue to monitor a possible move and breach of Target 1.

Definitions
Trend : Current trend as defined by technical Swing Analysis
HH : Higher High
HL : Higher Low
LL : Lower Low
LH : Lower High
CofT : Change of Trend

Daily Technical Analysis for USDCHF as at 11th January 2013

DAILY OVERVIEW
Trend : Short
Ambush Zone : 0.9230 – 0.9320
Target 1 : 0.9080
Target 2 : 0.9040
Stop : 0.9380



Comments
USDCHF yesterday experienced a strong negative move away from Fibonacci resistance. We continue to monitor
the price action for a possible move to and breach of Target 1.

Definitions
Trend : Current trend as defined by technical Swing Analysis
HH : Higher High
HL : Higher Low
LL : Lower Low
LH : Lower High
CofT : Change of Trend

Daily Technical Analysis for Oil (WTI) as at 11th January 2013

DAILY OVERVIEW
Trend : Long
Ambush Zone : 89.55 – 87.00
Target 1 : 93.80
Target 2 : 100.40
Stop : <85.20



Comments
Oil attempted to breach the downward sloping trend line only for the move to be rejected. We are monitoring
the price action for a number of possible scenarios the most obvious being a further attempt to breach
resistance or a pull back towards Fibonacci support.

Definitions
Trend : Current trend as defined by technical Swing Analysis
HH : Higher High
HL : Higher Low
LL : Lower Low
LH : Lower High
CofT : Change of Trend


Daily Technical Analysis for GBPUSD as at 11th January 2013

DAILY OVERVIEW
Trend : Long
Ambush Zone : 1.6105 – 1.5945
Target 1 : 1.6385
Target 2 : 1.6620
Stop : <1.5825



Comments
GBPUSD yesterday saw a strong positive reaction and move away from Fibonacci support. We continue to monitor
a possible move to Target 1.

Definitions
Trend : Current trend as defined by technical Swing Analysis.
HH : Higher High
HL : Higher Low
LL : Lower Low
LH : Lower High
CofT : Change of Trend
 
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