Kumaresan Selvaraj pillai


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Friday, July 27, 2012

Technical Report

Friday July 27 , 2012 08:13 GMT
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Latest technical updates
  • EUR/USD Morning Technical Report

    Risk versus reward ratio becomes too high

    Friday July 27 , 2012 05:30 GMT

  • GBP/USD Morning Technical Report

    We should be patient since risk versus reward ratio is very high today!

    Friday July 27 , 2012 05:31 GMT

  • USD/JPY Morning Technical Report

    The edges for intraday traders are 77.95 and 78.50

    Friday July 27 , 2012 05:33 GMT

  • USD/CHF Morning Technical Report

    The pair rushed to the downside steeply to reached the second target of the bearish Butterfly Pattern

    Friday July 27 , 2012 07:03 GMT

  • USD/CAD Morning Technical Report

    The risk-to-reward ratio is too high today and accordingly we prefer to remain aside for now.

    Friday July 27 , 2012 07:09 GMT

  • AUD/USD Morning Technical Report

    The upside move might extend to test 1.0585 supported by the ascending channel

    Friday July 27 , 2012 07:23 GMT

  • NZD/USD Morning Technical Report

    We remain neutral today due to the inappropriate risk-to-reward ratio and wait for more confirmation signals

    Friday July 27 , 2012 07:29 GMT

  • Gold Morning Technical Report

    Gold has finally surpassed the triangle consolidation pattern. The breakout now suggests extending the bullish direction towards the top of the rectangular range

    Friday July 27 , 2012 06:39 GMT

  • Silver Morning Technical Report

    The metal is retesting 27.65-27.70 horizontal resistance level, attempting to breach it, maintaining trading above this key resistance is necessary to confirm further upside

    Friday July 27 , 2012 06:51 GMT

  • WTI Crude Oil Morning Technical Report

    In general, extending the bullish direction is likely today, supported by steady trading above 89.00

    Friday July 27 , 2012 07:00 GMT

  • EUR/GBP Morning Technical Report

    The stability above 0.7820 is considered positive and stability above this level might extend the upside move

    Friday July 27 , 2012 07:50 GMT

  • EUR/JPY Morning Technical Report

    Trading above 93.90 is now supportive of further bullish movement.

    Friday July 27 , 2012 07:45 GMT

  • GBP/JPY Morning Technical Report

    Stability above the second target which is 61.8% correction shown above at 122.70 might extend the upside move

    Friday July 27 , 2012 07:40 GMT

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