Kumaresan Selvaraj pillai


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Monday, August 27, 2012

Technical Report

Monday August 27 , 2012 12:32 GMT
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Latest technical updates
  • AUD/USD Midday Technical Report

    We will depend on the stability below 1.0440 and 1.0475 as we mentioned in the weekly report to expect more downside movement before any new upside attempts.

    Monday August 27 , 2012 12:06 GMT

  • NZD/USD Midday Technical Report

    The pair needs to confirm the stability above the mentioned level and until we have this confirmation we will remain neutral.

    Monday August 27 , 2012 11:58 GMT

  • USD/CAD Midday Technical Report

    The downside pressure is still seen on the pair from the negative crossover and stability below the ascending support

    Monday August 27 , 2012 11:42 GMT

  • USD/CHF Midday Technical Report

    Since we did not see anything with the start of the week we will hold onto our bearish expectations and stability below 0.9655 further supports the downside bias.

    Monday August 27 , 2012 11:36 GMT

  • USD/JPY Midday Technical Report

    We will stay aside as far as trading remains between 76.4% Fibonacci and 61.8% Fibonacci of the wave from 76.00 to 84.15.

    Monday August 27 , 2012 10:41 GMT

  • GBP/USD Midday Technical Report

    Stochastic remains negative suggesting further pullbacks

    Monday August 27 , 2012 10:30 GMT

  • EUR/USD Midday Technical Report

    Stability above 1.2440 contradicts with the negativity on Stochastic and thus, we keep our neutrality unchanged

    Monday August 27 , 2012 10:21 GMT

  • Silver Midday Technical Report

    A pullback towards the broken descending trend line and the 200-days around 30.00 areas could provide another opportunity the upside

    Monday August 27 , 2012 10:47 GMT

  • Gold Midday Technical Report

    In general, we maintain our overall positive expectations for gold.

    Monday August 27 , 2012 10:40 GMT

  • EUR/GBP Midday Technical Report

    The pair faces 0.7925 since the start of the week and we can see its stable above the Linear Regression Indicators and above the MA 50

    Monday August 27 , 2012 12:28 GMT

  • EUR/JPY Midday Technical Report

    The possibility for a downside correction before the upside move is still valid

    Monday August 27 , 2012 12:20 GMT

  • GBP/JPY Midday Technical Report

    We hold onto our positive outlook for this week affected by the bullish Butterfly Pattern

    Monday August 27 , 2012 12:15 GMT

  • WTI Crude Oil Midday Technical Report

    Crude is fluctuating around 97.00 since morning and within a narrow range, accordingly, our weekly scenario remains unchanged

    Monday August 27 , 2012 10:51 GMT

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