Kumaresan Selvaraj pillai


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Friday, June 22, 2012

Technical Report

Friday June 22 , 2012 11:51 GMT
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Latest technical updates
  • NZD/USD Midday Technical Report

    The pair move slightly higher yet the negativity remains clear on the Linear Regression Indicators and we can see that the breach of the main ascending support

    Friday June 22 , 2012 11:29 GMT

  • AUD/USD Midday Technical Report

    Trading is still around 50% correction as shown on the chart above, yet the technical conditions are still the same.

    Friday June 22 , 2012 11:22 GMT

  • USD/CAD Midday Technical Report

    Trading above 1.0200 makes us hold onto our positive bias especially with the breach of the main resistance for the Falling Wedge

    Friday June 22 , 2012 11:18 GMT

  • USD/CHF Midday Technical Report

    Stability above 0.9490 makes us suggested an upside move in the coming period

    Friday June 22 , 2012 11:14 GMT

  • USD/JPY Midday Technical Report

    The stable move above the psychological level of 80.00 may assist it to breach SMA 100 supported by the bullish momentum on RSI 14

    Friday June 22 , 2012 10:14 GMT

  • GBP/USD Midday Technical Report

    The pair has found a support around 1.5585 zones which slowed down the bearish wave

    Friday June 22 , 2012 10:10 GMT

  • EUR/USD Midday Technical Report

    We keep our bearish outlook intact supported by the negative technical factors discussed in the morning report

    Friday June 22 , 2012 10:08 GMT

  • Gold Midday Technical Report

    The metal's ability to hold below 1570.00 suggests dominant downside pressure

    Friday June 22 , 2012 10:45 GMT

  • Silver Midday Technical Report

    Silver is holding below 27.00 level, where we anticipate further downside action

    Friday June 22 , 2012 10:50 GMT

  • WTI Crude Oil Midday Technical Report

    we prefer to remain neutral today, as we mentioned this morning; we have reached a critical level that if breached will lead to further losses.

    Friday June 22 , 2012 11:12 GMT

  • EUR/GBP Midday Technical Report

    We hold onto our morning expectations and remind that the breach of 0.8000 areas will reverse the direction for the pair and revive the general downtrend.

    Friday June 22 , 2012 11:45 GMT

  • EUR/JPY Midday Technical Analysis

    We hold onto our morning expectations based on the breach of the resistance for the downside wave and the positivity on the Linear Regression Indicators.

    Friday June 22 , 2012 11:39 GMT

  • GBP/JPY Midday Technical Report

    We still see the effect of the bullish Bat Pattern valid and stability above areas of 125.25 keeps the chances to the upside valid.

    Friday June 22 , 2012 11:36 GMT

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