Kumaresan Selvaraj pillai


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Thursday, June 28, 2012

Technical Report

Thursday June 28 , 2012 12:05 GMT
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Latest technical updates
  • EUR/USD Midday Technical Report

    In line with our bearish outlook, the pair has slipped violently after approaching our detected entry point.

    Thursday June 28 , 2012 10:22 GMT

  • GBP/USD Midday Technical Report

    The pair has plummeted during the previous session after breaching the key support -turned into resistance- at 1.5585 with a four-hour closing below it.

    Thursday June 28 , 2012 10:37 GMT

  • USD/JPY Midday Technical Report

    The contrarian between the price behaviors and the positivity on momentum indicators is the main reason that forces us to remain neutral

    Thursday June 28 , 2012 10:44 GMT

  • NZD/USD Midday Technical Report

    The downside move is still limited above 0.7885 and the technical conflict is still seen

    Thursday June 28 , 2012 11:42 GMT

  • AUD/USD Midday Technical Report

    Once again the pair is offering a bearish tendency with trading below 1.0070 which might revive the downside possibility especially as Stochastic is currently biased to the downside.

    Thursday June 28 , 2012 11:30 GMT

  • USD/CAD Midday Technical Report

    We will remain neutral for now awaiting more confirmations for the coming move.

    Thursday June 28 , 2012 11:25 GMT

  • USD/CHF Midday Technical Report

    We return to the positive outlook as far as stability is above 0.9570 that confirmed its strength.

    Thursday June 28 , 2012 11:16 GMT

  • Gold Midday Technical Report

    The price could be forming a potential symmetrical triangle

    Thursday June 28 , 2012 10:58 GMT

  • Silver Midday Technical Report

    Breaking back above 27.10 could push price higher again

    Thursday June 28 , 2012 11:06 GMT

  • WTI Crude Oil Midday Technical Report

    The price declined to retest the previously breached resistance which turned into support at 79.70

    Thursday June 28 , 2012 11:20 GMT

  • EUR/GBP Midday Technical Report

    The likelihood is for the downside move to continue but we need a breach of 0.7980 to support the scenario.

    Thursday June 28 , 2012 12:02 GMT

  • EUR/JPY Midday Technical Report

    We can see heavy volatility and that was capable of pushing the pair to trade below 98.60 which failed our morning expectations

    Thursday June 28 , 2012 11:58 GMT

  • GBP/JPY Midday Technical Report

    we can't confirm the negative move as Stochastic is attempting to crossover positive in oversold areas

    Thursday June 28 , 2012 11:52 GMT

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