Kumaresan Selvaraj pillai


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Friday, June 8, 2012

Technical Report

Friday June 8 , 2012 07:07 GMT
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Latest technical updates
  • EUR/USD Morning Technical Report

    The pair has touched the pivotal resistance areas of 1.2625 where it started to move sharply to the downside once more

    Friday June 8 , 2012 04:54 GMT

  • GBP/USD Morning Technical Report

    Just a few pips separated between yesterday's recorded high and the proposed technical target

    Friday June 8 , 2012 05:00 GMT

  • USD/JPY Morning Technical Report

    The pair was very close to the psychological level of 80.00

    Friday June 8 , 2012 05:04 GMT

  • USD/CHF Morning Technical Report

    The lower line of Keltner channel has provided the pair with the support it needs to limit the bearish correctional actions

    Friday June 8 , 2012 05:07 GMT

  • USD/CAD Morning Technical Report

    The pair has reached our full correctional target just above 1.0205,We think the downside correction has completed and a bullish move could follow now,and price is testing the intraday resistance around 1.0310, where a push back above this level will extend the move further. Thus, we expected bullishness to dominate

    Friday June 8 , 2012 05:33 GMT

  • NZD/USD Morning Technical Report

    price reversed to trade back below the neckline for the double bottom pattern and this is a negative sign per se. Meanwhile Stochastic has turned clearly negative. Settling below 0.7650-0.7675 which is the neckline of the pattern suggests further downside

    Friday June 8 , 2012 05:48 GMT

  • AUD/USD Morning Technical Report

    Aussie failed to maintain the bullish bias, where it's currently losing the bullish steam, however price is testing the breached descending resistance shown above, alongside the short term ascending trend line the carried the recent bullish wave. Meanwhile

    Friday June 8 , 2012 05:40 GMT

  • Gold Morning Techncial Analysis

    Gold declined sharply yesterday after reaching the level of 1641.00. Now, the metal returned to trade below the main resistance of the descending channel

    Friday June 8 , 2012 05:30 GMT

  • Silver Morning Technical Report

    Silver failed to remain stable above 28.60, which weakened the suggested bullish wave yesterday

    Friday June 8 , 2012 05:37 GMT

  • WTI Crude Oil Morning Technical Report

    After the incline yesterday and testing 87.00, the price reversed sharply to settle and trade back below the main support for the descending channel and below the

    Friday June 8 , 2012 05:53 GMT

  • EUR/GBP Morning Technical Analysis

    The pair breached 0.8100 and provided a daily closing below it, reflecting the negativity of SMA 50 and Stochastic over intraday basis.

    Friday June 8 , 2012 05:56 GMT

  • EUR/JPY Morning Technical Analysis

    The pair was able to breach the first target yesterday at 100.30 and then reversed to the downside after it failed to settle above 38.2% Fibonacci correction

    Friday June 8 , 2012 05:49 GMT

  • GBP/JPY Morning Technical Report

    The pair reached the resistance yesterday at 123.75 and settled below it

    Friday June 8 , 2012 05:43 GMT

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