Kumaresan Selvaraj pillai


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Thursday, June 21, 2012

Technical Report

Thursday June 21 , 2012 11:56 GMT
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Latest technical updates
  • NZD/USD Midday Technical Report

    Stability above the main ascending support at 0.7930 makes us favor another bullish attempt

    Thursday June 21 , 2012 11:47 GMT

  • AUD/USD Midday Technical Report

    Stability above 1.0130 which is the 61.8% correction takes the pair back to positivity as far as the main support of the ascending channel around 1.0100 remains intact.

    Thursday June 21 , 2012 11:40 GMT

  • USD/CAD Midday Technical Report

    Stability below 1.0200 supports the likelihood of forming a Head and Shoulders pattern while breaching 1.0220 resistance and confirmed with the breach of 1.0260 might help form a Rising Wedge

    Thursday June 21 , 2012 11:36 GMT

  • USD/CHF Midday Technical Report

    Trading remains stable above the Linear Regression Indicators and accordingly we hold onto our positive expectations for the pair

    Thursday June 21 , 2012 11:29 GMT

  • USD/JPY Midday Technical Report

    Our morning anticipations remain valid; noting that area of 79.55 has turned into good support

    Thursday June 21 , 2012 10:54 GMT

  • GBP/USD Midday Technical Report

    We see chances for a new technical try to achieve a decisive breakout below the aforesaid level

    Thursday June 21 , 2012 10:42 GMT

  • EUR/USD Midday Technical Report

    The pair has been trading within a narrow range since morning; whilst the price behaviors reflect the conflict between bulls and bears

    Thursday June 21 , 2012 10:40 GMT

  • Silver Midday Technical Report

    Silver rebounds slightly after testing the ascending support of the broadening formation shown on image. In general, trading continues to be confined within narrow ranges, and thus we hold onto our morning expectations

    Thursday June 21 , 2012 10:46 GMT

  • Gold Midday Technical Report

    Gold is hovering within a tight range since morning around 1600.00, thus activating the suggested bullish scenario we mentioned this morning

    Thursday June 21 , 2012 10:43 GMT

  • WTI Crude Oil Midday Technical Report

    Trading has been mixed since morning, where price tested 80.00 level before rebounding again. In general, we are still waiting for a minor correction before

    Thursday June 21 , 2012 10:51 GMT

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