Technical Analysis

G-7 F/X Weekly Report

Tuesday, February 12th, 2013
Volume 3 Issue 6

Highlights
.EUR/USD Longs remain favored above the trend line support targeting a retest of recent highs at 1.3705 with further resistance/target at 1.3878 in extension. Near-term price action is vulnerable to a further retracement down to 1.3280 should price fail to break above 1.3490. GBP/USD Shorts are favored below 1.5825. Below support at 1.5721, look for a further decline into 1.5458 with further support/target at 1.5256-1.5320. USD/JPY Look for continued longs above the center trend line and pullback longs at the lower trend line of the channel. There is key long-term resistance between 93.80-94.90 so watch for a pause here or a retracement. AUD/CHF has broken below the bottom of its HVA rotational range between .9630 and .9900 and has reached its support/target at .9410-28. Look for continuation shorts below .9410 or retracement shorts at .9630 targeting .9330. AUD/JPY Look for continued longs above 94.70 with little resistance until 105. CAD/CHF Remains bearish. Shorts continue to be favored below .9287 CAD/JPY Continues to act strong. Look for continuation longs above 91.10 with further resistance/target at 92.50 and then 95.which are the highs back in March 10. CHF/JPY Look for continued upside action above 100.50 and pullback longs against support at 98.00 targeting 104.10.

EUR/AUD A break above 1.3150-90 would target a continued move higher into 1.3880-1.4080.
EUR/CAD has bounced off the previously broken trend line and continues to act bullish which favors a continued move higher into 1.3600-1.3700 near-term with further resistance/target at 1.4125-1.4375 in extension. EUR/GBP has bounced off the previously broken trend line on a retracement and continues to act bullish targeting further upside to retest recent highs at .8713. EUR/JPY Continuation longs are favored above 127.15 or pullback longs at 122.90. GBP/AUD broken below the bottom of the HVA. At 1.5255, which favors shorts down to 1.4900/1.4705. GBP/JPY continues to act strong. Look for continuation longs above 144.65 targeting 147.90 with the next area of resistance/target at 157.95-162.95.
This report is copyrighted by i10Research. It is authorized for subscribers ONLY. Do not photocopy, otherwise copy or further distribute this information. i10research strictly prohibits these practices. i10Research employs tracing technologies and, for the protection of all subscribers, will prosecute violators. Jeremy Berkovits, CMT(Compliance) (212) 879-0596 jberkovits@i10research.com David Truffelman(Analyst) (919) 267-3974 dtruffelman@i10research.com Aaron Uitenbroek(Analyst) (646) 535-1012 auitenbroek@i10research.com .

i10 Research LLC | New York, NY

Table of Contents

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AUD/USD, USD/CAD USD/CHF, EUR/USD GBP/USD, USD/JPY AUD/CAD, AUD/CHF AUD/JPY, CAD/CHF CAD/JPY, CHF/JPY EUR/AUD, EUR/CAD EUR/CHF, EUR/GBP EUR/JPY, GBP/AUD GBP/CAD, GBP/CHF GBP/JPY About i10 Research Disclaimer

AUD/USD has broken below its ascending trend line and below support at 1.0317-37 which now favors a continued decline to support at 1.0138-64.which is the bottom of the larger rotation since July 12.

AUD/USD

Spot Currency

Daily Bar Chart

Volume-at-Price overlay

USD/CAD has bounced of the high volume node of the larger rotation at .9920 and is attempting to break back outside the top of the rotation at 1.0054 If successful it would favor longs up to resistance at 1.0300 otherwise expect a decline back to .9920 and possibly .9832.

USD/CAD

Spot Currency

Daily Bar Chart

Volume-at-Price overlay

USD/CHF remains in a down trend and is trading below the bottom of the HVA at .9230 which favors shorts back down to .9065 with further support at .8920.

USD/CHF

Spot Currency

Daily Bar Chart

Volume-at-Price overlay

EUR/USD remains in an uptrend since making lows at the end of July. Longs remain favored above the trend line support targeting a retest of recent highs at 1.3705 with further resistance/target at 1.3878 in extension. Near-term failure to regain1.3490 would target a retracement back to the lower ascending trend line around 1.3280...

EUR/USD

Spot Currency

Daily Bar Chart

Volume-at-Price overlay

GBP/USD continues to act weak since making highs at 1.6380. Shorts remain favored below 1.5825 targeting a further decline into 1.5458 with further support/target at 1.5256-1.5320.

GBP/USD

Spot Currency

Daily Bar Chart

Volume-at-Price overlay

USD/JPY Continues to act strong. Look for continued longs above the center trend line and pullback longs at the lower trend line of the channel. There is key long-term resistance between 93.80-94.90 so watch for a pause here or a retracement.

USD/JPY

Spot Currency

Daily Bar Chart

Volume-at-Price overlay

AUD/CAD has bounced off the bottom of its rotational range at 1.0260 which favors a move higher back to the top of the rotation at 1.0415-1.0467. A breach of the rotational range in either direction is necessary for any directional price action to occur.

AUD/CAD

Spot Currency

Daily Bar Chart

Volume-at-Price overlay

AUD/CHF has broken below the bottom of its HVA rotational range between .9630 and .9900 and has reached its support/target at .9410-28. Look for continuation shorts below .9410 or retracement shorts at .9630 targeting .9330

AUD/CHF

Spot Currency

Daily Bar Chart

Volume-at-Price overlay

AUD/JPY continues to act strong. Look for continued longs above 94.70 with little resistance until 105.

AUD/JPY

Spot Currency

Daily Bar Chart

Volume-at-Price overlay

CAD/CHF has broken below .9140 which favors continued shorts down to .8928-.9003. Retracements back to .9287 may also be used to enter shorts. The trend remains bearish.

CAD/CHF

Spot Currency

Daily Bar Chart

Volume-at-Price overlay

CAD/JPY continues to act strong and trade higher. Look for continuation longs above 91.10 with further resistance/target at 92.50 and then 95.which are the highs back in March 10.

CAD/JPY

Spot Currency

Daily Bar Chart

Volume-at-Price overlay

CHF/JPY Look for continued upside action above 100.50 and pullback longs against support at 98.00 targeting 104.10

CHF/JPY

Spot Currency

Daily Bar Chart

Volume-at-Price overlay

EUR/AUD has broken the upper end of its rotational range above 1.2820 and has now breached resistance, now support at 1.2991-1.3027 which target a retest of 1.3150-90. A break above 1.3150-90 would target a continued move higher into 1.3880-1.4080.

EUR/AUD

Spot Currency

Daily Bar Chart

Volume-at-Price overlay

EUR/CAD has bounced off the previously broken trend line and continues to act bullish which favors a continued move higher into 1.3600-1.3700 near-term with further resistance/target at 1.4125-1.4375 in extension.

EUR/CAD

Spot Currency

Daily Bar Chart

Volume-at-Price overlay

EUR/CHF has broken below its wedge and has reached support at 1.2246. Expect rotational action between 1.2246-1.2470.

EUR/CHF

Spot Currency

Daily Bar Chart

Volume-at-Price overlay

EUR/GBP has bounced off the previously broken trend line on a retracement and continues to act bullish targeting further upside to retest recent highs at .8713.

EUR/GBP

Spot Currency

Daily Bar Chart

Volume-at-Price overlay

10

EUR/JPY continues to trade higher breaking above resistance, now support at 122.90 but has reached long term resistance at 127.15 so expect a pause or a pullback from this level Continuation longs remains favored above 122.90

EUR/JPY

Spot Currency

Daily Bar Chart

Volume-at-Price overlay

GBP/AUD broken below the bottom of the HVA. At 1.5255, which favors shorts down to 1.4900/1.4705.

GBP/AUD

Spot Currency

Daily Bar Chart

Volume-at-Price overlay

11

GBP/CAD is trading in the middle of its rotational range Below the trend line favors a move to the bottom of the rotation..

GBP/CAD

Spot Currency

Daily Bar Chart

Volume-at-Price overlay

GBP/CHF is in a near-term down trend and has breached previous HVA support at 1.4370-1.4610. We expect the GBP/CHF to find near-term support in this area and are looking for a near-term bounce. .

GBP/CHF

Spot Currency

Daily Bar Chart

Volume-at-Price overlay

12

GBP/JPY continues to act strong. Look for continuation longs above 144.65 targeting 147.90 with the next area of resistance/target at 157.95-162.95 .

GBP/JPY

Spot Currency

Daily Bar Chart

Volume-at-Price overlay

13

Disclaimer & Analyst Certification

The views expressed in this research report accurately reflect the personal views of the research analysts responsible for the content of this report, Jeremy Berkovits, David Truffelman and Aaron Uitenbroek. The research analysts further certifies that he receives no compensation that is directly or indirectly related to the specific recommendations or views contained within this report. This publication does not constitute and should not be construed as an offer or the solicitation of any transaction to buy or sell any securities or any instruments or any derivatives of the securities mentioned herein or to participate in any particular trading strategies. Although the information contained herein has been obtained from recognized services, and sources believed to be reliable, its accuracy or completeness cannot be guaranteed. Opinions, estimates or projections expressed in this report may make assumptions regarding economic, industry and political considerations and constitute current opinions, at the time of issuance, which are subject to change without notice. The products or securities mentioned in this report may not be eligible for sale in some states or countries. Their value and any income which they may produce may fluctuate and / or be adversely affected by interest rates, exchange rates and other factors. This information is being furnished to you for informational purposes only, and on the condition that it will not form a primary basis for any investment decision. Any recommendation contained in this report is not intended to be, nor should it be construed or inferred to be, investment advice, as such investments may not be suitable for all investors. When preparing this report, no consideration to ones investment objectives, risk tolerance or other individual factors was given; as such, as with all investments, purchase or sale of any securities mentioned herein may not be suitable for all investors. By virtue of this publication, neither the Firm nor any of its employees shall be responsible for any investment decisions. Before committing funds to ANY investment, an investor should seek professional advice. Any information relating to the tax status of financial instruments discussed herein is not intended to provide tax advice, or to be used by anyone to provide tax advice. Investors are urged to consult an independent tax professional for advice concerning their particular circumstances. Past performance should not be taken as an indication or guarantee of future performance, and no representation or warranty, either expressed or implied, is made regarding future performance.

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