Kumaresan Selvaraj pillai


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Tuesday, June 12, 2012

Technical Report

Tuesday June 12 , 2012 12:33 GMT
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Latest technical updates
  • NZD/USD Midday Technical Report

    We hold onto our morning expectations as long as 0.7660 areas remain intact.

    Tuesday June 12 , 2012 11:42 GMT

  • AUD/USD Midday Technical Report

    We need to see stability above 0.9940 to confirm the resumption of the upside move and to negate any possible negative crossover on the Linear Regression Indicator 34 and 55

    Tuesday June 12 , 2012 11:36 GMT

  • USD/CAD Midday Technical Report

    The pair declined to breach 1.0290 areas and that activates our bearish expectations.

    Tuesday June 12 , 2012 11:27 GMT

  • USD/JPY Midday Technical Report

    The pair has been trapped within a very tight range but remains stable above 61.8% Fibonacci

    Tuesday June 12 , 2012 11:25 GMT

  • USD/CHF Midday Technical Report

    We hold onto our expectations as far as areas of 0.9680 remain intact.

    Tuesday June 12 , 2012 11:20 GMT

  • GBP/USD Midday Technical Report

    The pair has been locked in a consolidation mode after re-testing the important support zones between 1.5440 and 1.5460

    Tuesday June 12 , 2012 11:03 GMT

  • EUR/USD Midday Technical Report

    We continue to depend on yesterday's long black candlestick and the bearish formation on Stochastic to suggest more downside action

    Tuesday June 12 , 2012 10:49 GMT

  • Silver Midday Technical Report

    The metal is trading within a tight range as well, where price settles below the key resistance area among 28.80-28.90, we need to see a clear breach above this level for the bullish bias to accelerate. Otherwise

    Tuesday June 12 , 2012 11:06 GMT

  • Gold Midday Technical Report

    Gold is trading within a narrow range this morning, where price remains steady above the 38.2% Fibonacci level as shown on chart, while trading near the bottom of the ascending channel which is expected to command

    Tuesday June 12 , 2012 10:52 GMT

  • WTI Crude Oil Midday Technical Report

    The commodity has shown some bearish tendency before heading to the upside again in a correctional move, approaching the

    Tuesday June 12 , 2012 11:11 GMT

  • EUR/GBP Midday Technical Report

    We do not rule out the possibility for a slight downside move as far as stability is below 0.8100, and stability below 0.8080 further supports the bearish expectations.

    Tuesday June 12 , 2012 12:05 GMT

  • EUR/JPY Midday Technical Report

    We prefer to stay neutral for the rest of the session today awaiting more confirmations.

    Tuesday June 12 , 2012 12:00 GMT

  • GBP/JPY Midday Technical Report

    The Linear Regression Indicator 34 is still attempting to turn positive and that supports the possible upside move for today.

    Tuesday June 12 , 2012 11:56 GMT

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