Kumaresan Selvaraj pillai


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Wednesday, August 22, 2012

Technical Report

Wednesday August 22 , 2012 06:59 GMT
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Latest technical updates
  • NZD/USD Morning Technical Report

    The pair is still trading above the breached downside wave resistance and above 0.8080

    Wednesday August 22 , 2012 06:35 GMT

  • AUD/USD Morning Technical Report

    The upside move yesterday was halted and the pair returned to stabilize below the main ascending support

    Wednesday August 22 , 2012 06:27 GMT

  • USD/CAD Morning Technical Report

    We might see an upside rebound today that initially targets a retest of the breached support that turned into resistance

    Wednesday August 22 , 2012 06:20 GMT

  • USD/CHF Morning Technical Report

    The pair stabilized below the second target of the pattern at 61.8% correction of CD leg of the pattern

    Wednesday August 22 , 2012 06:10 GMT

  • USD/JPY Morning Technical Report

    SMA 100 continued to prevent the pair from reaching the psychological level of 80.00.

    Wednesday August 22 , 2012 04:48 GMT

  • GBP/USD Morning Technical Report

    It is the first time to witness a daily closing above SMA 100 since the second week of May, 2012.

    Wednesday August 22 , 2012 04:41 GMT

  • EUR/USD Morning Technical Report

    With a break above the key support of 1.2440, the pair has formed a long white candlestick formation

    Wednesday August 22 , 2012 04:34 GMT

  • Silver Morning Technical Report

    Momentum is strongly bullish and thus we may see silver extend gains towards the aforementioned levels, before slowing down again.

    Wednesday August 22 , 2012 05:36 GMT

  • Gold Morning Technical Report

    Gold has breached 1630.00 resistance yesterday, to close the trading session on a strong bullish note. The metal could extend gains after breaking this key resistance,

    Wednesday August 22 , 2012 05:27 GMT

  • EUR/GBP Morning Technical Report

    The Linear Regression Indicators 34 & 55 are positive and support further upside movement.

    Wednesday August 22 , 2012 06:27 GMT

  • EUR/JPY Morning Technical Report

    Stability above the main support of the ascending channel at 96.90 will keep the upside move valid

    Wednesday August 22 , 2012 06:25 GMT

  • GBP/JPY Morning Technical Report

    We expect that stability above the mentioned levels will extend the upside move toward 113% correction of CD leg

    Wednesday August 22 , 2012 06:23 GMT

  • WTI Crude Oil Morning Technical Report

    The bullish direction is expected to continue over intraday basis, supported by the 50-EMA, taking into consideration that stability above 95.00 is necessary for the bullish scenario to remain intact.

    Wednesday August 22 , 2012 05:43 GMT

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