acfx

Daily Technical Analysis from ACFX 08/13/2013 Daily Technical Analysis for EURUSD as at 13th August 2013 DAILY OVERVIEW Trend : Short Ambush Zone : - Target 1 : - Target 2 : - Stop : - Comments EURUSD is this morning trading higher from the open after yesterdays down day. Following the break of trend line resistance EURUSD traded lower off its highs and this move has continued back to the downward sloping trend line and the 8 period moving averages where support and buyers could potentially enter the market. However as the swing bias is still bearish we are monitoring the possibility of a move to the 34 period moving averages. In terms of the bigger picture the swing bias is negative. The following factors are confirming or reinforcing this market bias: 1. The swing bias is negative. 2. The price action is trading around the area of trend line resistance. 3. The RSI is confirming the move. 4. The weekly time frame is in gear with the daily time frame. Alternative counter trend bullish factors: 1. The price action has retraced into the 8 period moving averages which could offer a buying opportunity. 2. The price action has broken and retraced to trend line resistance. 3. The averages have crossed positively. Scenario 1 As the dominant daily trend is down retracements into resistance could be viewed as selling opportunities Scenario 2 Alternatively as the price action is trading above the 8 period moving averages approaches back to this average could offer support and a buying area. Daily Technical Analysis for GBPUSD as at 13th August 2013 DAILY OVERVIEW Trend : Long Ambush Zone : - Target 1 : - Target 2 : - Stop : - Comments GBPUSD is this morning trading lower from the open after yesterdays down day. Following the breach of the prior swing high, the trend has turned positive. However further upward momentum is finding resistance on its approach to Fibonacci resistance. We are monitoring a potential move to the 8 period moving averages. In terms of the bigger the swing bias is positive. The following factors are confirming or reinforcing this market bias: 1. The swing bias has turned positive. 2. The price action is retracing to the positively layered averages which could offer a buying opportunity. 3. The averages have crossed positively. 4. The RSI is confirming the move. 5. The weekly time frame is in gear with the daily time frame. 6. The price action traded through the 1.5250 resistance level. Alternative counter trend bearish factors: 1. The price action is extended from the averages. Scenario 1 As the dominant daily trend is up retracements into support could be viewed as buying opportunities with the initial area of interest being the 8 period moving averages. Scenario 2 Alternatively the price action extended from the averages could offer short term shorting opportunities. Daily Technical Analysis for USDCHF as at 12th August 2013 DAILY OVERVIEW Trend : Short Ambush Zone : - Target 1 : - Target 2 : - Stop : - Comments USDCHF is this morning trading higher from the open after yesterdays up day USDCHF has found support at the 0.9200 area and trend line support. This moving the positivity has continued with a move that has breached the 8 period moving averages. In terms of the bigger picture the swing bias is negative. The following factors are confirming or reinforcing this market bias: 1. The swing bias remains negative. 2. The weekly time frame continues to have a negative bias. 3. The RSI is in gear with the move. 4. The averages are negatively layered. Alternative counter trend bullish factors: 1. USDCHF has bounced off the 0.9200 level. 2. USDCHF has bounced of trend line support. Scenario 1 As the dominant daily trend is down the 8 period moving averages may possibly offer shorting opportunities. Scenario 2 Alternatively the current bounce off support could potentially move to the area of the 34 period moving averages. Daily Technical Analysis for USDJPY as at 13th August 2013 DAILY OVERVIEW Trend : Short Ambush Zone : - Target 1 : - Target 2 : - Stop : - Comments USDJPY is this morning trading higher from the open after yesterdays up day. USDJPY has experienced a strong bounce after a somewhat extended move down. The price action has this morning corrected to the 8 period moving averages. We are monitoring the potential for a negative rotation and return to the down trend at this average. In terms of the bigger picture the swing bias is negative. The following factors are confirming or reinforcing this market bias: 1. The swing bias remains negative. 2. The moving averages have crossed negatively. 3. The price action has broken below the significant 100 level. 4. The RSI is confirming the move. 5. The price action has managed to break below the upward sloping trend line. 6. Fibonacci resistance is offering down side pressure. Alternative counter trend bullish factors: 1. The weekly time remains with a positive bias. 2. The price action is extended from the averages. Scenario 1 As the dominant daily trend is down retracements into resistance could be viewed as selling opportunities Scenario 2 Alternatively as the price action is extended from the averages there is the possibility of a corrective up move back to Fibonacci resistance and the 34 period moving averages. Daily Technical Analysis for Gold as at 13th August 2013 DAILY OVERVIEW Trend : Short Ambush Zone : - Target 1 : - Target 2 : - Stop : - Comments Gold is this morning trading higher from the open after yesterdays up day. Gold is trading above the positively layered averages as this metal attempts to print a higher low swing. However the price action continues to trade within the Fibonacci resistance area and would require a swing high breach to confirm a reversal to an upside bias. In terms of the bigger picture the swing bias is negative. The following factors are confirming or reinforcing this market bias: 1. The swing bias is negative. 2. The price action is trading above the averages which could be viewed as an overbought opportunity. 3. The weekly time frame continues to point down. 4. The price action is trading within the Fibonacci resistance zone. 5. The RSI is diverging negatively. Alternative counter trend bullish factors: 1. The price action is attempting to print a higher low. 2. The moving averages are layered positively. 3. The price action is trading above the averages. 4. The price action is trading above the 1322 support level. Scenario 1 As the dominant daily trend is down as Fibonacci resistance may offer a shorting opportunity. Scenario 2 Alternatively retracements to the averages may potentially offer buying opportunities. Daily Technical Analysis for Oil (WTI) as at 13th August 2013 DAILY OVERVIEW Trend : Short Ambush Zone : - Target 1 : - Target 2 : - Stop : - Comments Oil is this morning trading higher from the open after yesterdays up day. Following Oils 8th August down spike that breached the prior swing low the price action has since bounced off the 34 and is now trading above the 8 period moving averages. Although the down spike has effectively turned the swing bias to negative the subsequent bullish reversal could indicate that break down was nothing more than a fake out. A breach of the prior swing high or swing low will confirm the bullish or bearish bias. In terms of the bigger picture the swing bias remains negative. The following factors are confirming or reinforcing this market bias: 1. The swing bias is negative. Alternative counter trend bullish factors: 1. The prior down spike has been reversed. 2. The price action is trading above the averages. 3. The averages are layered positively. 4. The price action is forming a possible corrective zigzag consolidation pattern. 5. The price action is trading above the large monthly converging triangle. 6. The weekly RSI diverging positively. Scenario 1 As the dominant daily trend is down retracements to resistance areas could possibly be viewed as selling opportunities. Scenario 2 Alternatively following the bounce off the 8th August down spike we are monitoring the possibility of a move to the 2nd August high.

Daily Market Outlook from ACFX 08/12/2013 Important Financial Indicators of the day JPY - 02:50 (GMT) - Prelim GDP q/q Forecast 0.9% Previous 1.0% Currencies •EUR/USD The Dollar Index climbed for a second day before U.S. data forecast to show retail sales rose a fourth-straight month, adding to the case for the Federal Reserve to reduce monetary stimulus.•The greenback rose 0.3 percent to 96.51 yen, after dropping to 95.81 on Aug. 8, the lowest since June 19. It added 0.1 percent to $1.3325 per euro. Europe’s shared currency rallied 0.2 percent to 128.60 yen after earlier reaching 127.98, the weakest since June 27. •NZD/USD New Zealand’s two-year swap rate was near the highest since 2011 after a private report showed housing prices remained close to an all-time high in the South Pacific nation. •New Zealand’s currency was little changed at 80.31 U.S. cents, while the Aussie fell 0.2 percent to 91.86 U.S. cents. The kiwi climbed 2.6 percent and the Aussie jumped 3.4 percent last week, the biggest gain for both currencies since December 2011. Commodities •Oil West Texas Intermediate crude swung between gains and losses after the biggest rally in more than a week as hedge funds cut bullish bets. •WTI for September delivery was at $106.07 a barrel in electronic trading on the New York Mercantile Exchange, up 10 cents at 2:40 p.m. Singapore time. The contract advanced $2.57 to settle at $105.97 on Aug. 9. The volume of all futures traded was 13 percent below the 100-day average. Prices fell 0.9 percent last week. •Brent for September settlement slid 14 cents to $108.08 a barrel on the London-based ICE Futures Europe exchange. The European benchmark crude traded at a premium of $2.02 to WTI contracts. The spread narrowed on Aug. 9 for the first time in six days to $2.25 •Gold climbed to the highest level this month after holdings in the biggest bullion-backed exchange-traded product expanded for the first time since June. Platinum advanced for a fourth day to a two-month high. •Bullion for immediate delivery rallied as much as 1.5 percent to $1,333.94 an ounce, the highest price since July 31, and traded at $1,331.69 at 2:05 p.m. in Singapore. Gold for December delivery climbed as much as 1.6 percent to $1,333 an ounce on the Comex in New York and was at $1,330.40. Equities •Asian stocks outside Japan rose as Chinese property developers and commodities companies climbed. Japanese shares fell after growth in the world’s third-largest economy slowed more than forecast. •The MSCI Asia Pacific excluding Japan Index advanced 1 percent to 444.77 as of 2:30 p.m. in Hong Kong. All 10 groups on the gauge rose. More than two stocks climbed for each that dropped. China’s Shanghai Composite Index (SHCOMP), now at the cheapest valuation of the world’s top 10 stock markets, added 2 percent, on course for the highest closing level in two months •European stocks have risen half as much as global benchmarks this year, leaving them cheaper than equities in the U.S. and Asia as the region’s economy starts to recover from the longest recession on record. •After a 7.2 percent gain in 2013, the Euro Stoxx 50 Index (SX5E) trades at 12.5 times projected earnings, 6.7 percent less than in 2009, the last time the euro area was in the final quarter of a contraction, data compiled by Bloomberg show. In the U.S., where the economy is in its 10th straight quarter of growth, the Standard & Poor’s 500 Index is valued at 15.3 times estimated profit and Japan’s Topix trades at 14.2 times income after Prime Minister Shinzo Abe vowed to end two decades of deflation. •U.S stocks fell for the week, with benchmark indexes posting the worst losses since June, as better-than-estimated data on trade and service industries fueled concern the Federal Reserve may reduce its stimulus. •The Standard & Poor’s 500 Index dropped 1.1 percent to 1,691.42. The Dow Jones Industrial Average slid 232.85 points, or 1.5 percent, to 15,425.51. Both gauges capped their worst week since June 21 after closing at records on Aug. 2.

Quick Technical Analysis from ACFX 08/12/2013 EURUSD Pivots R3 1.34329 R2 1.34114 R1 1.33751 Pivot Point 1.33536 S1 1.33173 S2 1.32958 S3 1.32595 Comments Trend: Upwards RSI: Above 50 and over brought Bollinger Band: Positive GBPUSD Pivots R3 1.56042 R2 1.55810 R1 1.55423 Pivot Point 1.55191 S1 1.54804 S2 1.54572 S3 1.54185 CommentsTrend: Upwards RSI: Above 50 and over brought Bollinger Band: Positive USDJPY Pivots R3 97.598 R2 97.281 R1 96.753 Pivot Point 96.436 S1 95.908 S2 95.591 S3 95.063 CommentsTrend: Down RSI: Below 50 and oversold Bollinger Band: Negative USDCHF Pivots R3 0.92755 R2 0.92523 R1 0.92368 Pivot Point 0.92136 S1 0.91981 S2 0.91749 S3 0.91594 Comments Trend: Down RSI: Below 50 and oversold Bollinger Band: Negative

Daily Market Outlook from ACFX 08/09/2013 Important Financial Indicators of the day CAD - 15:30 (GMT) - Employment Change Forecast 6.2K Previous -0.4K CAD - 15:30 (GMT) - Unemployment Rate Forecast 7.1% Previous7.1% Currencies •EUR/USD The dollar is poised to drop against most of its major peers this week before Chinese data that will probably add to signs of stabilization in the Asian economy, buoying demand for higher-yielding assets. •The euro was little changed from yesterday at $1.3384 and set for a 0.8 percent weekly gain. It yesterday reached $1.34, the strongest level since June 19. The shared currency dropped 0.2 percent to 129.06 yen, set for a 1.7 percent decline since Aug. 2. The dollar slid 0.3 percent to 96.43 yen, heading for a 2.5 percent weekly loss, the most since the middle of June •GBP/USD The pound strengthened to a seven-week high against the dollar after Bank of England Governor Mark Carney reiterated policy makers’ commitment to bring down inflation, fueling speculation interest rates will rise. •The pound advanced 0.4 percent to $1.5550 at 4:32 p.m. London time after rising to $1.5574, the highest level since June 19. Sterling was little changed at 86.10 pence per euro after advancing to 85.79 pence yesterday, the strongest since July 10. •USD/CAD Canada’s dollar strengthened the most in almost a month after improved trade data from China and Germany added to signs the global economy is recovering, fueling speculation demand for the nation’s commodities will increase. •Canada’s currency, nicknamed the loonie for the image of the bird on the C$1 coin, appreciated 0.9 percent, the most on a closing basis since July 11, to C$1.0328 per U.S. dollar at 5 p.m. in Toronto. It gained as much as 1.1 percent to C$1.0304, the strongest level since Aug. 1, after sliding yesterday to C$1.0445, the weakest since July 11. One Canadian dollar purchases 96.82 U.S. cents Commodities •Oil West Texas Intermediate crude rose for the first time in six days, trimming a weekly decline before government data forecast to show that retail sales climbed last month in China, the second-biggest oil consumer. •WTI for September delivery advanced as much as 96 cents to $104.36 a barrel in electronic trading on the New York Mercantile Exchange and was at $104.25 at 1:16 p.m. Sydney time. The volume of all futures traded was 26 percent below the 100-day average. The contract fell 97 cents to $103.40 yesterday. Prices are down 2.5 percent this week. •Brent for September settlement rose as much as 52 cents to $107.07 a barrel on the London-based ICE Futures Europe exchange. The European benchmark was at a premium of $2.87 to WTI futures, down from $3.28 yesterday. •Gold traded near its highest in four days after climbing the most in more than two weeks yesterday as investors weighed speculation the Federal Reserve will pare bond purchases. Platinum rose to the highest in two months. •Bullion for immediate delivery added as much as 0.3 percent to $1,317.10 an ounce and was at $1,314.74 by 10:59 a.m. in Singapore. Prices rose 2 percent yesterday, the most since July 22, and are set to gain 0.2 percent this week. Gold for December increased 0.3 percent at $1,313.90 on the Comex in New York. Equities •Asian stocks index is on course to snap its longest weekly winning streak since January after Nikon Corp. (7731) cut its profit forecast and as investors await Chinese industrial production data. •The MSCI Asia Pacific Index slid 0.2 percent to 133.56 as of 12:48 p.m. in Tokyo, with four stocks falling for every three that rose. The gauge is headed for a 1.5 percent decline this week, ending six weeks of gains. That was the longest run of weekly gains since the first week of this year. •U.S stocks rose, with the Standard & Poor’s 500 Index halting a three-day drop, as Chinese trade data topped estimates and jobless claims fell to the lowest monthly rate since before the recession. •The S&P 500 climbed 0.4 percent to 1,697.48 at 4 p.m. in New York, paring the index’s weekly drop to 0.7 percent. The Dow Jones Industrial Average gained 27.65 points, or 0.2 percent, to 15,498.32. About 5.9 billion shares changed hands on U.S. exchanges, 6.9 percent below the three-month average

Quick Technical Analysis from ACFX 08/09/2013 EURUSD Pivots R3 1.34830 R2 1.34414 R1 1.34104 Pivot Point 1.33658 S1 1.33378 S2 1.32962 S3 1.32652 Comments Trend: Upwards RSI: Above 50 and over brought Bollinger Band: Positive GBPUSD Pivots R3 1.56692 R2 1.56214 R1 1.55793 Pivot Point 1.55315 S1 1.54894 S2 1.54416 S3 1.53995 Comments Trend: Upwards RSI: Above 50 and over brought Bollinger Band: Positive USDJPY Pivots R3 98.280 R2 97.603 R1 97.155 Pivot Point 96.478 S1 96.030 S2 95.253 S3 94.908 Comments Trend: Down RSI: Below 50 and oversold Bollinger Band: Negative USDCHF Pivots R3 0.92837 R2 0.92263 R1 0.92287 Pivot Point 0.92013 S1 0.91737 S2 0.91463 S3 0.91187 Comments Trend: Down RSI: Below 50 and oversold Bollinger Band: Negative

Daily Market Outlook Important Financial Indicators of the day JPY - Tentative - BOJ Press Conference USD - 15:30 (GMT) - Unemployment Claims Forecast 336K Previous 326K Currencies •AUD/USD Australia’s dollar surged to the highest this month against the greenback after imports in China, the South Pacific nation’s biggest trading partner, rose more than expected in July. •The Australian dollar gained 0.6 percent to 90.56 U.S. cents as of 1:45 p.m. in Sydney from yesterday, after reaching 90.71, the highest since July 31. New Zealand’s currency slipped 0.2 percent to 79.57 U.S. cents, after touching 79.98 yesterday, also the highest since July 31. •USD/JPY The yen rose to a seven-week high versus the dollar amid bets the Bank of Japan at its policy meeting tomorrow will refrain from adding to stimulus that’s helped weaken the currency 11 percent this year. •The yen added 1.4 percent to 96.33 per dollar at 5 p.m. in New York, the strongest level since June 20. Japan’s currency climbed 1.2 percent to 128.47 per euro. The euro added 0.2 percent to $1.3336 after touching $1.3345, matching a six-week high set July 31. •USD/CAD Canada’s dollar slid to the lowest in almost four weeks as commodities fell for a fourth day and stocks sank amid bets the Federal Reserve may slow quantitative-easing stimulus in the nation’s biggest trade partner. •The loonie, as the currency is nicknamed for the image of the aquatic bird on the C$1 coin, depreciated 0.4 percent to C$1.0423 per U.S. dollar at 5 p.m. in Toronto. It touched C$1.0445, the weakest level since July 11. One Canadian dollar buys 95.91 U.S. cents. Commodities •Oil West Texas Intermediate crude rose for the first time in five days as exports and imports climbed last month in China, the world’s second-biggest oil consumer •WTI for September delivery gained as much as 51 cents to $104.88 a barrel in electronic trading on the New York Mercantile Exchange and was at $104.82 at 1:45 p.m. Sydney time. The volume of all futures traded was 20 percent below the 100-day average. The contract decreased 93 cents to $104.37 yesterday, the lowest since July 30. •Brent for September settlement rose 41 cents to $107.85 a barrel on the London-based ICE Futures Europe exchange. The European benchmark was at a premium of $3.01 to WTI futures, down from $3.07 yesterday. •Gold advanced before a report today that may show U.S. jobless claims increased, potentially delaying moves by the Federal Reserve to slow the pace of bond purchases. Silver and platinum climbed. •Bullion for immediate delivery gained as much as 0.6 percent to $1,294.85 an ounce and was at $1,292.77 by 10:12 a.m. in Singapore. Prices touched $1,273.02 yesterday, the lowest since July 17. Gold for December delivery rose 0.5 percent to $1,291.40 an ounce on the Comex. Equities •Asian stocks rose, led by health-care companies, after the Bank of Japan maintained its stimulus policy and Chinese exports grew more than forecast. • The MSCI Asia Pacific Index gained 0.6 percent to 134.14 as of 11:15 a.m. in Hong Kong, with all 10 industry groups on the gauge advancing. Two shares rose for each that declined. •European stocks fell as the Bank of England said it won’t raise interest rates or reduce bond purchases until the U.K.’s jobless rate falls to 7 percent, sparking concern it expects the economic recovery to be slow. •The Stoxx Europe 600 Index declined 0.2 percent to 302.81 at the close of trading, as Bank of England Governor Mark Carney said the U.K. economy hasn’t reached “escape velocity.” The benchmark gauge has rallied 9.9 percent since June 24 as the Federal Reserve, the European Central Bank and the Bank of England pledged to continue stimulus. •U.S stocks declined, giving the Standard & Poor’s 500 Index (SPX) its first three-day drop since June 12, amid growing speculation the Federal Reserve will pare bond purchases this year as the economy strengthens. •The S&P 500 slid 0.4 percent to 1,690.91 at 4 p.m. in New York. The benchmark gauge has fallen 1.1 percent this week after closing at a record on Aug. 2. The Dow Jones Industrial Average decreased 48.07 points, or 0.3 percent, to 15,470.67 today. About 5.5 billion shares changed hands on U.S. exchanges, 12 percent below the three-month average.

EURUSD Pivots R3 1.34452 R2 1.33951 R1 1.33653 Pivot Point 1.33152 S1 1.32854 S2 1.32253 S3 1.32055 Comments Trend: Upwards RSI: Above 50 and over brought Bollinger Band: Positive GBPUSD Pivots R3 1.59358 R2 1.57333 R1 1.56099 Pivot Point 1.54074 S1 1.52840 S2 1.50815 S3 1.49581 Comments Trend: Upwards RSI: Above 50 and over brought Bollinger Band: Positive USDCHF Pivots R3 0.93493 R2 0.93187 R1 0.92679 Pivot Point 0.92373 S1 0.91865 S2 0.91559 S3 0.91051 Comments Trend: Down RSI: Below 50 and oversold Bollinger Band: Negative USDJPY Pivots R3 98.795 R2 98.298 R1 97.314 Pivot Point 96.817 S1 95.833 S2 95.336 S3 94.352 Comments Trend: Down RSI: Below 50 and oversold Bollinger Band: Negative

Now you can get a 10% extra bonus from the leading broker ACFX only by liking our ACFX Facebook page. This will give you access via Facebook to daily market insights, analyses, trading tips and exclusive offers. All you have to do is Like our page here then copy the coupon code in the next page. Enter that coupon code in My Atlas before deposit to get your free 10% bonus. For more information about this offer and other offers check ACFX website.

Attention please, traders! Our ACFX Fx Warrior DEMO Account Competition is starting! This is a big opportunity for all types of traders to improve their Forex trading strategies and to participate in risk-free contest. It doesn’t matter how skilled you are, just JOIN US NOW in our Fx Warrior DEMO competition and trade like a PRO. Register for FREE and win one of our alluring real money prizes by trading using virtual funds. Registration lasts until March 25th when we are officially starting the competition. PRIZE DISTRIBUTION First Place $ 5,000 Second Place $ 3,000 Third Place $ 2,000 Fourth Place $ 1,000 JOIN US NOW!!! http://www.forexcompetitions.com/competitions/FX_Warriors

Daily Technical Analysis for EURUSD as at 26th February 2013 DAILY OVERVIEW Trend : - Ambush Zone : - Target 1 : - Target 2 : - Stop : - Comments EURUSD did trade higher off the lows and at one point was up over 120 points on the day which actually exceeds one daily Average True Range only for Euro to rapidly lose value during the New York session and brake down aggressively through the down trend line. Technically EURUSD is swing long as it is still trading above the last isolated HL of the 4th January which is at the 1.3000 area. It would not be a surprise if this downward momentum is halted around this significant price level however the aggressiveness of the move down has to be allowed for especially after the break of trend line support. As the current price level is extended from the 8 period moving averages we are monitoring the possibility that EURUSD trades back to the area of this average which also coincides with the bottom of the uptrend line where we would expect to see a reaction that either rejects this price level and we see a possible downward bounce off resistance or EURUSD breaches and closes above resistance. Alternatively through the force of its own momentum EURUSD continues to trade lower from this current level in the direction of 1.3000 areas. 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 26th February 2013 DAILY OVERVIEW Trend : Short Ambush Zone : - Target 1 : - Target 2 : - Stop : - Comments GBPUSD continues to trade beneath prior support but is this morning attempting to trade back up towards this area. This may offer the possibility for bears add additional shorts. 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 26th February 2013 DAILY OVERVIEW Trend : Long Ambush Zone : - Target 1 : - Target 2 : - Stop : - Comments Yesterday morning initial upward momentum reversed and collapsed in what was one of the biggest moves of the past 12 months. The loss of value in the USD was significant as it is completely opposite to what happened with both the EURUSD and USDCHF and possibly points to a bigger picture that includes what is happening to both the US Bond and Equities markets. Although we are still Swing Positive the aggressiveness of the move has to be allowed for therefore more down side momentum should not be a surprise. Alternatively that USDJPY has actually bounced off the 34 period moving averages could see a reaction that pushes the price higher at least to the 8 period moving averages. 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 26th February 2013 DAILY OVERVIEW Trend : Short Ambush Zone : 0.9205 – 0.9310 Target 1 : 0.9020 Target 2 : 0.8930 Stop : >0.9390 Comments Yesterday morning’s initial sell off in USDCHF was strong with a 70 pip down move which is roughly in line with one daily Average True Range move. However as with EURUSD the weakness in the USD was reversed during the New York session. We continue to monitor the price action to see if USDCHF can follow through higher during the London session. A failure to push higher will of course give the bears encouragement to short these levels. 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 Gold as at 26th February 2013 DAILY OVERVIEW Trend : Short Ambush Zone : - Target 1 : - Target 2 : - Stop : - Comments As mentioned yesterday we pin pointed the 8 period moving averages as the initial target area where additional shorts could possibly be considered. This morning Gold has reached this target and is showing initial signs of negativity. We are monitoring the price action at this levels for confirmation of this negative rotation. 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 26th February 2013 DAILY OVERVIEW Trend : Long Ambush Zone : - Target 1 : - Target 2 : - Stop : - Comments Oil has traded lower but has not significantly breached the downward sloping trend line. We continue to monitor the price action at these levels so as to identify the possibility that Oil is building a base where it can at least trade up to the 8 period moving averages. Alternatively a break of support may see Oil move to the Fibonacci area where the price action will be monitored for a possible positive rotation. 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 25th February 2013 DAILY OVERVIEW Trend : Long Ambush Zone : 1.3485 -1.3360 Target 1 : 1.3710 Target 2 : 1.4250 Stop : <1.3263 Comments EURUSD experienced an indecisive day right on the upward sloping trend line. This could be a clue that the Bears may have lost confidence in further shorting this market. This morning’s open has been has been positive. We continue to monitor the price action to see if the uptrend line does in fact become an important area for 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 25th February 2013 DAILY OVERVIEW Trend : Short Ambush Zone : - Target 1 : - Target 2 : - Stop : - Comments The bounce in GBPUSD was short lived as the price action slashed through the 1.5230 to 1.5270 support area. We continue to have a negative bias but have a preference to look at opportunities near the 8 period moving averages. 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 25th February 2013 DAILY OVERVIEW Trend : Long Ambush Zone : - Target 1 : - Target 2 : - Stop : - Comments The scenario mentioned on Friday of buying at the 8 period moving averages support area is possibly in play with the price action making an attempt to breach the last isolated HH. We continue to monitor the price action to see if USDJPY does actually breach horizontal resistance in its unrelenting upward march. 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 25th February 2013 DAILY OVERVIEW Trend : Short Ambush Zone : 0.9205 – 0.9310 Target 1 : 0.9020 Target 2 : 0.8930 Stop : >0.9390 Comments USDCHF bullish momentum stalled on Friday and Monday’s session thus far is experiencing a negative open. We continue to monitor the price action on multiple time frames so as to indentify Swing Low or Swing High failures that may give us clues to the next possible market direction. 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 Gold as at 25th February 2013 DAILY OVERVIEW Trend : Short Ambush Zone : - Target 1 : - Target 2 : - Stop : - Comments Gold continued to rise off the lows and this upward movement has followed through to today’s session. The 8 period moving averages as mentioned previously is the initial target where shorts may possible be considered. 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 25th February 2013 DAILY OVERVIEW Trend : Long Ambush Zone : - Target 1 : - Target 2 : - Stop : - Comments Oil made its first attempt to touch the downward sloping trend line but this initial move was rejected. If support can hold around these levels Oil may experience a possible bullish pop in price at least until the area of the 8 period moving averages. Alternatively a break of support may see Oil move to the Fibonacci area where the price action will be monitored for a possible positive rotation. 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

ACFX is proud to present our brand new Forex Competition – Ultimate Fx Fight, made to please all the competitive traders out there. This is a live account competition of trading skill and knowledge. Competition started on February 1st and it will last until February 28th 2013, so you will be able to show your trading skills and win incredible prizes we prepared for you. One lucky and skilled trader will win $20,000 and that is not all, second, third, fourth and fifth place will split another $20,000. Till now five traders started game and still you can join them. During this real account competition traders can enjoy 1.5 pips VIP fixed spreads. We also prepared generous bonuses up to 40% Welcome and 50% Redeposit. For more information you can visit our Forex Competitions - Forex Trading Competitions or you can contact our friendly support for any questions and doubts. Trade smart, win the Jackpot! Refuse to lose!

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 http://i1359.photobu...zpscf6513ce.gif 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 : - http://i1359.photobu...zps60d7f5d3.gif 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 http://i1359.photobu...zpsb21a1029.gif 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 http://i1359.photobu...zps4e02e598.gif 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 http://i1359.photobu...zps354b26b4.gif 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 http://i1359.photobu...zps5cd554ab.gif 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

8]Daily Technical Analysis for EURUSD as at 10thJanuary 2013 DAILY OVERVIEW Trend : Long Ambush Zone : 1.3090 – 1.2965 Target 1 : 1.3310 Target 2 : 1.3385 Stop : < 1.2875 http://i1359.photobu...zps0d17444a.gif Comments As posted yesterday. EURUSD continues to trade around the Fibonacci support area. A reaction may also occur as the price action approaches the upward sloping trend line. 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 8]Daily Technical Analysis for GBPUSD as at 10th January 2013 DAILY OVERVIEW Trend : Long Ambush Zone : 1.6105 – 1.5945 Target 1 : 1.6385 Target 2 : 1.6620 Stop : <1.5825 http://i1359.photobucket.com/albums/q783/acfxuser1/DTA%20acfx%201012013/gbp_zps17a4e38c.gif Comments GBPUSD has opened negatively this morning of what maybe the third straight down day. However we are still very early into the session with London yet to open therefore reasonably this pair still has time to close higher. The price action continues to trade within Fibonacci support. We are monitoring a possible move to Target 1. If GBPUSD breaks down from these levels there is a possibility of a bounce off the downward sloping trend line. 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 8]Daily Technical Analysis for USDJPY as at 10th January 2013 DAILY OVERVIEW Trend : Long Ambush Zone : 85.05 – 83.10 Target 1 : 88.35 Target 2 : 85.50 Stop : <81.65 http://i1359.photobucket.com/albums/q783/acfxuser1/DTA%20acfx%201012013/jpy_zpsd7f3527d.gif Comments The close beneath the low of the last isolated high was negated by subsequent price action with the 8 period moving average offering support. We are monitoring the possibility USDJPY trading above the last high. A failure to achieve new highs however may herald a move to Fibonacci support. The bias is to the long side with the preferred entry points being around the 8 and 34 period moving averages and the then Fibonacci support. However with such strong news based move further upside momentum is possible. 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 8]Daily Technical Analysis for USDCHF as at 10th January 2013 DAILY OVERVIEW Trend : Short Ambush Zone : 0.9230 – 0.9320 Target 1 : 0.9080 Target 2 : 0.9040 Stop : 0.9380 http://i1359.photobucket.com/albums/q783/acfxuser1/DTA%20acfx%201012013/chf_zpsd36a1017.gif Comments USDCHF has this morning open positively with an open above the downward sloping trend line. We are however still trading within Fibonacci resistance. We continue to monitor the price action at these levels for weakness which would signal a possible resumption of the 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 8]Daily Technical Analysis for Gold as at 10th January 2013 DAILY OVERVIEW Trend : Short Ambush Zone : 1660 – 1680 Target 1 : 1625 Target 2 : 1590 Stop : >1695 http://i1359.photobu...zpsbdba5b79.gif Comments After such high recent volatility Gold has experienced a fairly tight range. We are now in Fibonacci resistance. We are monitoring the price action for signs of weakness that may indicate a possible resumption of the down trend into the direction 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 8]Daily Technical Analysis for Oil (WTI) as at 10th January 2013 DAILY OVERVIEW Trend : Long Ambush Zone : 89.55 – 87.00 Target 1 : 93.80 Target 2 : 100.40 Stop : <85.20 http://i1359.photobucket.com/albums/q783/acfxuser1/DTA%20acfx%201012013/oil_zps2c62386c.gif Comments Oil is experiencing a tight consolidation at the highs. As previously posted, our bias on Oil is long but with a preference to enter the market at Fibonacci support. However Oil has continued to trade at its highs which may possibly indicate further upside momentum. 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