Kumaresan Selvaraj pillai


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Sunday, June 24, 2012

Technical Report

Monday June 25 , 2012 06:50 GMT
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Latest technical updates
  • EUR/USD Weekly Technical Report

    The pair has achieved a weekly closing below 23.6% Fibonacci retracement

    Monday June 25 , 2012 04:40 GMT

  • GBP/USD Weekly Technical Report

    The pair continues battling the initial support level of 1.5585 as seen on the provided daily chart.

    Monday June 25 , 2012 04:45 GMT

  • USD/JPY Weekly Technical Report

    After touching one of our previous proposed technical objectives at SMA 100, the pair started to show some kind of bearish tendency

    Monday June 25 , 2012 04:51 GMT

  • USD/CHF Weekly Technical Report

    The breach of the main resistance for the downside trend shown on the chart above signals the possible end of the downside correction and the return to the upside.

    Monday June 25 , 2012 05:30 GMT

  • USD/CAD Weekly Technical Report

    The Linear Regression Indicators are positive and we have a technical formation that might turn later into an Inverted Head and Shoulders and that is also accompanied by a positive crossover on Stochastic.

    Monday June 25 , 2012 05:36 GMT

  • NZD/USD Weekly Technical Report

    We expect a downside move this week as far as trading is stable below 0.8000 with four-hour closing.

    Monday June 25 , 2012 05:53 GMT

  • AUD/USD Weekly Technical Report

    We have one of the new technical patterns which is derived from the Harmonic 0-5 pattern known as the Shark Pattern. Usually, the pattern acquires the 50% target and for the pair it will be a downside attempt

    Monday June 25 , 2012 05:45 GMT

  • Gold Weekly Technical Report

    In general, trading above the key horizontal support around 1525.00 keeps the bullish possibilities and provides an attractive risk-reward ratio

    Monday June 25 , 2012 05:30 GMT

  • Silver Weekly Technical Report

    The commodity has reached the main ascending support and key horizontal support area, thus a rebound is possible

    Monday June 25 , 2012 05:41 GMT

  • WTI Crude Oil Weekly Technical Report

    An upside pullback towards the breached triangle is possible now

    Monday June 25 , 2012 05:49 GMT

  • EUR/GBP Weekly Technical Report

    On the chart above, we can see how sensitive the conditions are for the pair. The attempts to breach the main ascending support are still seen but the pair did not breach 0.8020-00 areas

    Monday June 25 , 2012 06:49 GMT

  • EUR/JPY Weekly Technical Report

    The downside move seen after the re-test of 101.60 areas took the pair to trade below 100.65 which is the proposed neckline for a bullish technical pattern close to a double bottom.

    Monday June 25 , 2012 06:44 GMT

  • GBP/JPY Weekly Technical Report

    The pair failed to stabilize once again above 50% correction at 125.30 shown on the chart of the CD leg of the bullish Bat Pattern.

    Monday June 25 , 2012 06:38 GMT

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