Kumaresan Selvaraj pillai


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Wednesday, June 13, 2012

Technical Report

Wednesday June 13 , 2012 12:10 GMT
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Latest technical updates
  • NZD/USD Midday Technical Report

    The pair is still attempting to move to the upside affected by the harmonic Bat Pattern shown above.

    Wednesday June 13 , 2012 11:40 GMT

  • AUD/USD Midday Technical Report

    The pair is stable between the 55 and 34 Linear Regression Indicators and contains any upside or bearish movement.

    Wednesday June 13 , 2012 11:36 GMT

  • USD/CAD Midday Technical Report

    The Linear Regression Indicators are negative and the pair is moving with the 55 indicator and stability above it weakens the negativity.

    Wednesday June 13 , 2012 11:31 GMT

  • USD/CHF Midday Technical Report

    The Linear Regression Indicator is still positive and accordingly the chance is still valid to return to the upside as far as 0.9520 remains intact.

    Wednesday June 13 , 2012 11:27 GMT

  • USD/JPY Midday Technical Report

    Our suggested bullish scenario remains valid for the rest of the day and a break above 80.10 will confirm the move.

    Wednesday June 13 , 2012 11:07 GMT

  • GBP/USD Midday Technical Report

    We hold onto our bearish scenario noting that a break below 1.5515 followed by 1.5460 is required to activate it.

    Wednesday June 13 , 2012 10:57 GMT

  • EUR/USD Midday Technical Report

    t this phase, we still prefer the bearish scenario based on the solidity of the aforementioned technical resistance. Coming below 1.2460-1.2440 will confirm and accelerate the move.

    Wednesday June 13 , 2012 10:41 GMT

  • Gold Midday Technical Report

    Gold continued to move higher this morning to test 1616.00 resistance one more time, currently hovering below the level. In general, the bullish double

    Wednesday June 13 , 2012 10:48 GMT

  • Silver Midday Technical Report

    The metal fails to break above 29.00 so far; however the bullish bias remains valid but required a break above this level to confirm extending the bullish move,

    Wednesday June 13 , 2012 10:56 GMT

  • WTI Crude Oil Midday Technical Report

    Oil is trading positively since morning to touch the awaited level at 83.15 and currently trading above it, thus activating our morning scenario

    Wednesday June 13 , 2012 11:00 GMT

  • EUR/GBP Midday Technical Report

    We hold onto our morning expectations and the upside move seen might be to unload the positivity on Stochastic before reversing to the downside again.

    Wednesday June 13 , 2012 12:08 GMT

  • EUR/JPY Midday Technical Report

    The pair has been trading sideways over the past six sessions, and what is more complicated now is trading between the Linear Regression Indicator 55 from above and 34 from below.

    Wednesday June 13 , 2012 12:01 GMT

  • GBP/JPY Midday Technical Report

    We expect an upside move till the end of the session while do not rule out heavy volatility due to the buying saturation on Stochastic.

    Wednesday June 13 , 2012 11:55 GMT

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