Kumaresan Selvaraj pillai


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Wednesday, July 4, 2012

Technical Report

Wednesday July 4 , 2012 11:50 GMT
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Latest technical updates
  • EUR/USD Midday Technical Report

    The pair has been trading within a very tight range since morning

    Wednesday July 4 , 2012 10:18 GMT

  • GBP/USD Midday Technical Report

    SMA 50 continued to act as a solid technical obstacle for bulls

    Wednesday July 4 , 2012 10:28 GMT

  • USD/JPY Midday Technical Report

    The positivity of RSI 14 and the bullish channel discussed this morning are enough technical reasons that encourage us to keep our bullish outlook

    Wednesday July 4 , 2012 10:37 GMT

  • USD/CHF Midday Technical Report

    We will hold onto our morning expectations especially as the Linear Regression Indicators did not confirm the change to positivity.

    Wednesday July 4 , 2012 10:56 GMT

  • NZD/USD Midday Technical Report

    The likelihood remains valid for the pair to start a new upside move eying the first extended target of the pattern at 0.8135.

    Wednesday July 4 , 2012 11:08 GMT

  • AUD/USD Midday Technical Report

    Our positive outlook remains valid as far as trading remains above the aforementioned level.

    Wednesday July 4 , 2012 11:05 GMT

  • USD/CAD Midday Technical Report

    Trading below 1.0200 keeps the downside possibility valid as the pair forms the CD leg of the harmonic pattern

    Wednesday July 4 , 2012 11:00 GMT

  • Silver Midday Technical Report

    As we discussed this morning, Parabolic SAR has the ability to slow down the upside movements

    Wednesday July 4 , 2012 11:00 GMT

  • Gold Midday Technical Report

    It seems that the metal is taking a breath after yesterday's inclines

    Wednesday July 4 , 2012 10:52 GMT

  • WTI Crude Oil Midday Technical Report

    Oil has approached our suggested entry point at 86.00

    Wednesday July 4 , 2012 11:15 GMT

  • EUR/GBP Midday Technical Report

    The attempts to stabilize above the MA 50 failed and that added further support to our negative outlook for the pair.

    Wednesday July 4 , 2012 11:34 GMT

  • EUR/JPY Midday Technical Analysis

    The conditions did not change in the European session as stability remains below 100.65 resistance level and Stochastic remains negative

    Wednesday July 4 , 2012 11:28 GMT

  • GBP/JPY Midday Technical Report

    We might see new downside attempts affected by the formation that is close to the Rising Wedge which requires stability below 125.30.

    Wednesday July 4 , 2012 11:14 GMT

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