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G-7 F/X Weekly ReportTuesday, February 5th, 2013

Volume 3 Issue 5

i10 Research LLC | New York, NY

Technical Analysis

Highlights

USD/CAD has broken back below rotational resistance at 1.0021 which indicates the USD/CAD is not ready to break higher and

remains in a rotational state which leaves it vulnerable for a further decline to .9832. Longs are open at 1.0025 with a .9950 stop.

EUR/USD remains in an uptrend since making lows at the end of July and has now broken above resistance, now support at1.3490, which if held, targets a continued move higher to 1.3878 in extension.

GBP/USD Shorts remain favored below 1.5825. Below support at 1.5721, look for a further decline into 1.5490 with further

support/target at 1.5256-1.5320. Short entries at 1.5890 hit a protective stop at 1.5860.

USD/JPY Continues to act strong. Look for continued longs above the top of the trend channel. Below 90.15 would negate the

near-term bullish bias and favor aggressive shorts down to 86.70.

AUD/CAD has broken back into its previous rotational range after a brief break above. The bias is now rotational instead of bullish.

Longs at 1.0470 were stopped at 1.0390.

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 continues to act strong, breaching 94.70 and is breaking out on the longer term charts. Look for continued longs above

94.70 with little resistance until 105.

CAD/CHF Short positions are now open at. 9215 with a stop at 9300 and a target of .8935

CAD/JPY Look for continuation longs above 91.06 with further resistance/target at 92.50/95.00 (March 10 highs).

CHF/JPY Look for continued upside action above 100.50 targeting 104.10.

EUR/CAD has now broken above the top of its trend channel . Above 1.3475 targets a continued move higher with the next area

of key resistance at 1.4125-1.4375.. Pullbacks to 1.3330 may be used to enter new longs.

EUR/GBP has breached the top of the trend channel. Pullback longs are favored above .8500.

EUR/JPY Continuation longs are favored above 127.15 or pullback longs at 122.90.

GBP/AUD Shorts are open at 1.5140 with a stops currently at 1.5265 targeting 1.4715.

GBP/JPY Expect continuation longs above 144.65 targeting 147.90. Pullback longs may be considered at l142.65 and 139.50..

J eremy Berkovits, CMT(Compliance)

(212) 879-0596jberkovits@i10research.com

David Truffelman(Analyst)

(919) 267-3974

dtruffelman@i10research.com

Aaron Uitenbroek(Analyst)

(646) 535-1012

auitenbroek@i10research.com

.

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.

mailto:jberkovits@i10research.commailto:dtruffelman@i10research.commailto:auitenbroek@i10research.commailto:auitenbroek@i10research.commailto:dtruffelman@i10research.commailto:jberkovits@i10research.com

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Table of Contents

Page 3: Trade Update Summary

Page 4: AUD/USD, USD/CAD

Page 5: USD/CHF, EUR/USD

Page 6: GBP/USD, USD/JPY

Page 7: AUD/CAD, AUD/CHF

Page 8: AUD/JPY, CAD/CHFPage 9: CAD/JPY, CHF/JPY

Page 10: EUR/AUD, EUR/CAD

Page 11: EUR/CHF, EUR/GBP

Page 12: EUR/JPY, GBP/AUD

Page 13: GBP/CAD, GBP/CHF

Page 14: GBP/JPY

Page 15: About i10 Research

Page 16: Disclaimer

2

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AUD/USD Spot Currency Daily Bar Chart Volume-at-Price overlay

4

USD/CAD has broken above, then back below rotational resistance at 1.0021which indicates the USD/CAD is not ready to

break higher and remains in a rotational state which leaves it vulnerable for a further decline to .9832. Longs are open at

1.0025 but keep stops tight at .9950. Failure to break back above 1.0021-54 would present a reason to flatten the position.

USD/CAD Spot Currency Daily Bar Chart Volume-at-Price overlay

AUD/USD is trading in a rotational range between 1.0317 and 1.0620.. Price has been rejected at HVA resistance at 1.0620

forcing price back down to the ascending trend line. Above this trend line favors another test of HVA resistance and a

possible break above. Below the trend line would target further declines into 1.0317-37 with further support at the bottom of

the larger rotation at 1.0138-64.

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USD/CHF Spot Currency Daily Bar Chart Volume-at-Price overlay

5

EUR/USD remains in an uptrend since making lows at the end of July and has now broken above resistance, now support at

1.3490, which if held, targets a continued move higher to 1.3878 in extension. Below 1.3490 would target a retracement back

to the lower ascending trend line where new longs may be considered as well..

EUR/USD Spot Currency Daily Bar Chart Volume-at-Price overlay

USD/CHF has broken back below the bottom of the High Value Area (HVA) at .9230 which favors shorts on retracements

targeting .8920.

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GBP/USD Spot Currency Daily Bar Chart Volume-at-Price overlay

6

USD/JPY Continues to act strong. Look for continued longs above the upper trend line. A break back inside the trend line

would target a brief retracement back to the lower trend line of the channel.

USD/JPY Spot Currency Daily Bar Chart Volume-at-Price overlay

GBP/USD has broken its uptrend on a break below 1.5990 and has breached support, now resistance at1.5825. Shorts

remain favored below 1.5825. Below support at 1.5721, look for a further decline into 1.5490 with further support/target at

1.5256-1.5320. Short entries at 1.5890 hit a protective stop at 1.5860.

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AUD/CAD Spot Currency Daily Bar Chart Volume-at-Price overlay

7

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/CAD has broken back into its previous rotational range after a brief break above. The bias is now rotational instead of

bullish. Longs at 1.0470 were stopped at 1.0390.

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AUD/JPY Spot Currency Daily Bar Chart Volume-at-Price overlay

8

AUD/JPY continues to act strong, breaching 94.70 and is breaking out on the longer term charts. Look for continued longs

above 94.70 with little resistance until 105.

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. Short positions are now open at. 9215 with a stop at 9300 and a target of .8935.

CAD/CHF Spot Currency Daily Bar Chart Volume-at-Price overlay

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CAD/JPY Spot Currency Daily Bar Chart Volume-at-Price overlay

CHF/JPY Spot Currency Daily Bar Chart Volume-at-Price overlay

9

CAD/JPY continues to act strong and trade higher. Look for continuation longs above 91.06 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 targeting 104.10

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EUR/AUD Spot Currency Daily Bar Chart Volume-at-Price overlay

EUR/CAD Spot Currency Daily Bar Chart Volume-at-Price overlay

10

EUR/AUD has broken the upper end of its rotational range above 1.2820 and has pulled back after reaching resistance at

1.2991-1.3027. There is too much longer-term resistance to enter new longs at these levels.

EUR/CAD remains in an uptrend since August 2012 and has now broken above the top of its trend channel . Above 1.3475

targets a continued move higher with the next area of key resistance at 1.4125-1.4375.. Pullbacks to 1.3330 may be used to

enter new longs.

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EUR/CHF Spot Currency Daily Bar Chart Volume-at-Price overlay

EUR/GBP Spot Currency Daily Bar Chart Volume-at-Price overlay

11

EUR/CHF has broken below its wedge and has reach support at 1.2246 which favors continued shorts down to 1.2147-83..

EUR/GBP has been modestly trending higher since July 12 and has now breached the top of the trend channel. Pullback

ongs are favored above .8500.

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EUR/JPY Spot Currency Daily Bar Chart Volume-at-Price overlay

GBP/AUD Spot Currency Daily Bar Chart Volume-at-Price overlay

12

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

GBP/AUD broken below the bottom of the HVA. At 1.5255, which favor shorts down to 1.4900/1.4705. Shorts are open at

1.5140 with a stops currently at 1.5265 targeting 1.4715.

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GBP/CAD Spot Currency Daily Bar Chart Volume-at-Price overlay

GBP/CHF Spot Currency Daily Bar Chart Volume-at-Price overlay

13

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/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. .

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GBP/JPY Spot Currency Daily Bar Chart Volume-at-Price overlay

14

GBP/JPY continues to act strong. Look for continuation longs above 144.65 targeting 147.90. Pullback longs may be

considered at l142.65 and 139.50.

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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, DavidTruffelman 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

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