Kumaresan Selvaraj pillai


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Monday, July 9, 2012

Technical Report

Monday July 9 , 2012 08:08 GMT
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Latest technical updates
  • EUR/USD Weekly Technical Report

    The overall trend continues to be bearish and the recent price action suggest further bearishness

    Monday July 9 , 2012 05:10 GMT

  • GBP/USD Weekly Technical Report

    We may see a slight rebound affected by 1.5480 support level, which should be broken soon to confirm the bearish scenario

    Monday July 9 , 2012 05:25 GMT

  • USD/JPY Weekly Technical Report

    The pair retreated to settle back above the 200 and 50-days simple moving averages

    Monday July 9 , 2012 05:37 GMT

  • USD/CHF Weekly Technical Report

    Stability above 0.9680 might help extend the upside move to test areas around 0.9820 and 0.9865

    Monday July 9 , 2012 06:10 GMT

  • USD/CAD Weekly Technical Report

    The Linear Regression Indicators are biased positively and that can support the extension of the upside move eying the test of the main resistance for the descending channel

    Monday July 9 , 2012 06:19 GMT

  • AUD/USD Weekly Technical Report

    The pair now needs to confirm the upside move by stability above 1.0225 as the breach of 1.0135 areas will extend the downside move before any upside attempt.

    Monday July 9 , 2012 06:25 GMT

  • NZD/USD Weekly Technical Report

    Breaching the support makes us expect an extension of the downside move which depends mainly on stability below 0.8080.

    Monday July 9 , 2012 06:32 GMT

  • Gold Weekly Technical Report

    The metal is trading below the key resistance at 1630.00 and that favors further intraday downside attempts,

    Monday July 9 , 2012 05:53 GMT

  • Silver Weekly Technical Report

    The trading range is getting narrower among the 50-days SMA and the pivotal long term support at 26.00

    Monday July 9 , 2012 06:07 GMT

  • EUR/GBP Weekly Technical Report

    We will depend on this pattern this week and the mentioned level as stability above it might trigger an upside correction

    Monday July 9 , 2012 07:12 GMT

  • EUR/JPY Weekly Technical Report

    The Linear Regression Indicators support our expectations for the downside move to extend this week.

    Monday July 9 , 2012 07:04 GMT

  • GBP/JPY Weekly Technical Report

    We expect a downside move eying the breach of the latter level with the negativity on the Linear Regression Indicators and stability below the MA 50

    Monday July 9 , 2012 06:58 GMT

  • WTI Crude Oil Weekly Technical Report

    We expect an intraday bullish move targeting a retest of 86.20 followed by

    Monday July 9 , 2012 06:17 GMT

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