Kumaresan Selvaraj pillai


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Wednesday, July 18, 2012

Technical Report

Wednesday July 18 , 2012 12:06 GMT
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Latest technical updates
  • NZD/USD Midday Technical Report

    The downside move did not find a bottom till now and the pair is approaching 0.7930 areas

    Wednesday July 18 , 2012 11:45 GMT

  • AUD/USD Midday Technical Report

    Stochastic is trading in overbought areas and offered a negative crossover and accordingly we prefer to remain neutral for now

    Wednesday July 18 , 2012 11:40 GMT

  • USD/CAD Midday Technical Report

    In general, we hold onto our morning expectations supported by Stochastic.

    Wednesday July 18 , 2012 11:34 GMT

  • USD/CHF Midday Technical Report

    The pair is biased to the upside in choppy trading and the Linear Regression Indicators remain negative

    Wednesday July 18 , 2012 11:29 GMT

  • USD/JPY Midday Technical Report

    The pair continued to consolidate below 61.8% Fibonacci level

    Wednesday July 18 , 2012 10:55 GMT

  • GBP/USD Midday Technical Report

    A sustained breakout below 1.5510 will bring the negative picture back into focus

    Wednesday July 18 , 2012 10:50 GMT

  • EUR/USD Midday Technical Report

    The pair has showed signs of exhaustion despite yesterday's sharp bounce

    Wednesday July 18 , 2012 10:48 GMT

  • Silver Midday Technical Report

    Holding below 28.00 keeps the expected bearish bias intact for now.

    Wednesday July 18 , 2012 10:46 GMT

  • Gold Midday Technical Report

    We prefer to remain on the sidelines awaiting further confirmations.

    Wednesday July 18 , 2012 10:41 GMT

  • EUR/GBP Midday Technical Report

    Stability above the mentioned level supports the likelihood for a new upside attempt

    Wednesday July 18 , 2012 12:03 GMT

  • EUR/JPY Midday Technical Report

    The general technical conditions remain positive yet momentum indicators are negative and accordingly we need stability above 95.60

    Wednesday July 18 , 2012 12:00 GMT

  • GBP/JPY Midday Technical Report

    We still see chance for the pair to return to the upside and require mainly stability above 122.30.

    Wednesday July 18 , 2012 11:56 GMT

  • WTI Crude Oil Midday Technical Report

    Stability above 88.40 keeps the bullish scenario probable, but we should see a break above 90.00 psychological barrier to extend the bullish direction.

    Wednesday July 18 , 2012 11:27 GMT

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