Kumaresan Selvaraj pillai


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Friday, August 24, 2012

Technical Report

Friday August 24 , 2012 07:10 GMT
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Latest technical updates
  • NZD/USD Morning Technical Report

    The possibility to return to the upside remains valid but we need a four-hour closing above 0.8135 to support this possibility.

    Friday August 24 , 2012 06:41 GMT

  • AUD/USD Morning Technical Report

    The pair failed to hold above 1.0440 and now trading above this level

    Friday August 24 , 2012 06:33 GMT

  • USD/CAD Morning Technical Report

    The pair moved sharply higher to reach 0.9935 reaching our first target in the previous report

    Friday August 24 , 2012 06:27 GMT

  • USD/CHF Morning Technical Report

    Trading within a tight range between 78.6% and 88.6% correction of CD leg of the pattern at 0.9570 and 0.9520 which forces us to stay aside for today.

    Friday August 24 , 2012 06:22 GMT

  • USD/JPY Morning Technical Report

    We should witness a sustained breakout below 77.95

    Friday August 24 , 2012 05:09 GMT

  • GBP/USD Morning Technical Report

    Stochastic has achieved a new negative crossover inside overbought territories

    Friday August 24 , 2012 05:05 GMT

  • EUR/USD Morning Technical Report

    The pair has been trapped within a tight range following Wednesday's incline

    Friday August 24 , 2012 05:00 GMT

  • Silver Morning Technical Report

    although the short term outlook is bullish, it is likely that we see a downside pullback before attempting to the upside again.

    Friday August 24 , 2012 06:02 GMT

  • Gold Morning Technical Report

    We maintain our positive expectation for gold. But price is clearly overbought, and thus we may see a downside correction toward 1640.00 areas first.

    Friday August 24 , 2012 05:51 GMT

  • WTI Crude Oil Morning Technical Report

    This decline pushes stochastic to oversold areas, and thus an upside rebound from levels around 94.90 support is likely.

    Friday August 24 , 2012 06:10 GMT

  • EUR/GBP Morning Technical Report

    We will hold onto our positive outlook as far as the pair is stable over intraday basis above 0.7880.

    Friday August 24 , 2012 07:05 GMT

  • EUR/JPY Morning Technical Report

    We will remain neutral for today waiting for more confirmations.

    Friday August 24 , 2012 07:01 GMT

  • GBP/JPY Morning Technical Report

    We can't bet on the extension of the downside move, especially after the pair failed to hold below 124.50

    Friday August 24 , 2012 06:57 GMT

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