Kumaresan Selvaraj pillai


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Wednesday, June 6, 2012

Technical Report

Wednesday June 6 , 2012 07:00 GMT
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Latest technical updates
  • EUR/USD Morning Technical Report

    The pair has retraced upwards to the upside during the Asian session reflecting a case of indecision

    Wednesday June 6 , 2012 04:25 GMT

  • GBP/USD Morning Technical Report

    The pair has found a good support around our yesterday's detected technical support of 1.5310

    Wednesday June 6 , 2012 04:28 GMT

  • USD/JPY Morning Technical Report

    In line with our yesterday's proposed scenario, the pair has soared after touching the solid support around 78.20

    Wednesday June 6 , 2012 04:30 GMT

  • USD/CHF Morning Technical Report

    The pair has moved to the downside after achieving sharp incline during the European session yesterday

    Wednesday June 6 , 2012 04:31 GMT

  • NZD/USD Morning Technical Report

    A potential range-bound could be forming over here; price has reached the first tier resistance of the possible range at 0.7635-1.7640 area, thus a bearish wave could start soon

    Wednesday June 6 , 2012 06:01 GMT

  • AUD/USD Morning Technical Report

    In general, we may see a downside attempt affected by the aforementioned resistance, but further upside attempts are expected over intraday basis, as momentum indicators still have some room to the upside.

    Wednesday June 6 , 2012 05:52 GMT

  • USD/CAD Morning Technical Report

    The anticipated bearish correctional move has accelerated with the start of today's session, price is heading towards the first targeted support at 1.0310, where the main ascending trend line for the whole bullish wave resides.Thus we prefer to

    Wednesday June 6 , 2012 05:40 GMT

  • Gold Morning Technical Analysis

    Gold inclined today in line with our previous expectations, reaching the first target after confirming stability above 61.8% Fibonacci correction

    Wednesday June 6 , 2012 05:14 GMT

  • Silver Morning Technical Analysis

    Silver inclined reaching the first target yesterday, providing a daily closing above 28.60 and also above EMA 20

    Wednesday June 6 , 2012 05:17 GMT

  • WTI Crude Oil Morning Technical Report

    Price fails to settle above the main support of the descending channel which turned into resistance as shown on image.thus we maintain our negative expectations, especially that stochastic is deeply overbought,

    Wednesday June 6 , 2012 06:08 GMT

  • EUR/GBP Morning Technical Analysis

    The pair settled around the neckline of the bullish technical structure shown above at 0.8100, starting the session today with slight positivity

    Wednesday June 6 , 2012 05:39 GMT

  • EUR/JPY Morning Technical Analysis

    The pair trades positively, breaching 23.6% Fibonacci correction at 98.50

    Wednesday June 6 , 2012 05:37 GMT

  • GBP/JPY Morning Technical Report

    The pair rebounds to the upside with the start of the session today, approaching 23.6% Fibonacci correction of the downside wave

    Wednesday June 6 , 2012 05:35 GMT

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