Kumaresan Selvaraj pillai


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Monday, August 20, 2012

Technical Report

Monday August 20 , 2012 07:50 GMT
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Latest technical updates
  • EUR/USD Weekly Technical Report

    Stochastic and MACD indicators point at depreciation of the bullish momentum

    Monday August 20 , 2012 05:27 GMT

  • GBP/USD Weekly Technical Report

    Stochastic reflects a clear bearish tendency

    Monday August 20 , 2012 05:49 GMT

  • USD/JPY Weekly Technical Report

    SMA 100 was our technical target and it touched during the Asian session today.

    Monday August 20 , 2012 06:17 GMT

  • USD/CHF Weekly Technical Report

    The possibility for a downside wave is valid this week

    Monday August 20 , 2012 06:59 GMT

  • USD/CAD Weekly Technical Report

    Trading below 0.9935 (78.6% correction shown above) keeps the downside move valid for the coming period.

    Monday August 20 , 2012 07:07 GMT

  • AUD/USD Weekly Technical Report

    The breach of the ascending trend line triggered a limited downside move to areas above 1.0400.

    Monday August 20 , 2012 07:13 GMT

  • NZD/USD Weekly Technical Report

    Despite the intraday negativity seen with the formation of the descending channel, the general outlook remains positive

    Monday August 20 , 2012 07:17 GMT

  • Gold Weekly Technical Report

    The metal has formed a bottom-like formation, however confirmation for a bottom is still needed;

    Monday August 20 , 2012 06:37 GMT

  • Silver Weekly Technical Report

    Momentum turns positive as seen on MACD trading back above Zero. A break above 28.40-28.50 level could confirm further upside and resume the break of the falling wedge bullish pattern.

    Monday August 20 , 2012 06:47 GMT

  • WTI Crude Oil Weekly Technical Report

    Oil successfully acquired the first awaited target at 95.80 and maintains the incline surpassing 96.00 level. Meanwhile, the 50-EMA is forming a good support for price, and thus we continue to expect bullishness this week,

    Monday August 20 , 2012 06:53 GMT

  • EUR/GBP Weekly Technical Report

    The Linear Regression Indicators are positive and stability above the MA 50 makes us favor the intraday positive outlook

    Monday August 20 , 2012 07:39 GMT

  • EUR/JPY Weekly Technical Report

    The upside bias remains supported by trading above 97.75 which is the 50% correction

    Monday August 20 , 2012 07:31 GMT

  • GBP/JPY Weekly Technical Report

    The pair is trading positively above the first extended target of the bullish harmonic butterfly pattern

    Monday August 20 , 2012 07:24 GMT

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