Kumaresan Selvaraj pillai


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Thursday, June 14, 2012

Technical Report

Thursday June 14 , 2012 11:48 GMT
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Latest technical updates
  • NZD/USD Midday Technical Report

    Stability above the mentioned correction at 0.7785 might extend the upside move today.

    Thursday June 14 , 2012 11:38 GMT

  • AUD/USD Midday Technical Report

    Our morning expectations remain positive and now the pair faces the psychological 1.0000 areas followed by 1.0025.

    Thursday June 14 , 2012 11:32 GMT

  • USD/CAD Midday Technical Report

    After reaching 1.0290 resistance area, the pair declined quickly to confirm the continued negative effect from the breach of the ascending channel.

    Thursday June 14 , 2012 11:28 GMT

  • USD/CHF Midday Technical Report

    Stability below 0.9590 and 0.9600 will extend the downside move for the USD/CHF to retest 38.2% correction

    Thursday June 14 , 2012 11:23 GMT

  • USD/JPY Midday Technical Report

    RSI 14 started to show a sign of bearish tendency but trading remains stable above the key support level of 61.8% Fibonacci level as seen on the provided daily chart.

    Thursday June 14 , 2012 11:06 GMT

  • GBP/USD Midday Technical Report

    Stochastic is gradually approaching overbought areas and that may assist bears to support their short positions. Coming below 1.5480 will bring further downside actions.

    Thursday June 14 , 2012 11:01 GMT

  • EUR/USD Midday Technical Report

    The pair continued fluctuating between 1.2550 and 1.2580 during the previous session

    Thursday June 14 , 2012 10:58 GMT

  • Silver Midday Technical Report

    The metal maintained the thin trading range among 29.00-28.75, and thus our morning scenario was activated after

    Thursday June 14 , 2012 10:46 GMT

  • Gold Midday Technical Report

    Gold has been trading within a very tight range since morning, above the 61.8% Fibonacci corecctional level, thus no changes to our morning scenario.

    Thursday June 14 , 2012 10:40 GMT

  • WTI Crude Oil Midday Technical Report

    The price moved slightly to the downside to touch the support of the short term pattern we suggested this morning and shown on the minor image, while we wait for a clear break below this support

    Thursday June 14 , 2012 10:51 GMT

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