Kumaresan Selvaraj pillai


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Monday, August 27, 2012

Technical Report

Monday August 27 , 2012 07:21 GMT
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Latest technical updates
  • EUR/USD Weekly Technical Report

    Stochastic remains clearly negative suggesting further pullbacks.

    Monday August 27 , 2012 04:55 GMT

  • GBP/USD Weekly Technical Report

    Risk versus reward ratio is currently very high.

    Monday August 27 , 2012 05:10 GMT

  • USD/JPY Weekly Technical Report

    Stability above 76.4% Fibonacci retracement is good for bulls!

    Monday August 27 , 2012 05:29 GMT

  • USD/CHF Weekly Technical Report

    We can see MACD biased negatively supporting the continuation of the downside move toward the extended harmonic targets.

    Monday August 27 , 2012 06:21 GMT

  • USD/CAD Weekly Technical Report

    We expect a new downside move affected by the descending channel that started from the top at 1.0446

    Monday August 27 , 2012 06:31 GMT

  • AUD/USD Weekly Technical Report

    In all cases, we will depend on stability below 1.0475 to confirm further downside movement this week.

    Monday August 27 , 2012 06:45 GMT

  • NZD/USD Weekly Technical Report

    Our weekly outlook for now is neutral and we will wait for more confirmations to recommend the next best move.

    Monday August 27 , 2012 06:50 GMT

  • Gold Weekly Technical Report

    a bullish breakout has been confirmed, however, another key resistance is expected around 1700.00-1725.00 level, we retain our bullish expectations for gold

    Monday August 27 , 2012 05:40 GMT

  • Silver Weekly Technical Report

    Silver maintains trading above the 200-days SMA and the main descending trend line, and that hints we may see a prolonged bullish trend within the upcoming period.

    Monday August 27 , 2012 06:06 GMT

  • WTI Crude Oil Weekly Technical Report

    The price resumes the positivity after retesting the support of the ascending channel shown on image which is also supported by the 50-EMA

    Monday August 27 , 2012 06:14 GMT

  • EUR/GBP Weekly Technical Report

    We hold onto our positive expectations and stability above 0.7810 is required to keep the upside bias intact this week.

    Monday August 27 , 2012 06:44 GMT

  • EUR/JPY Weekly Technical Report

    The downside move is normal with trading within the ascending channel and that keeps our general positive expectations intact for this week

    Monday August 27 , 2012 06:40 GMT

  • GBP/JPY weekly Technical Report

    Trading this week above 123.20 make us hold onto our general bullish expectations for the pair.

    Monday August 27 , 2012 06:37 GMT

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