Kumaresan Selvaraj pillai


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Thursday, August 23, 2012

Technical Report

Thursday August 23 , 2012 12:05 GMT
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Latest technical updates
  • NZD/USD Midday Technical Report

    MACD and Linear Regression Indicators are positive. Therefore, we hold onto our morning expectations for today.

    Thursday August 23 , 2012 11:44 GMT

  • AUD/USD Midday Technical Report

    Stability above 1.0440 and 1.0400 makes us hold onto our positive outlook

    Thursday August 23 , 2012 11:40 GMT

  • USD/CAD Midday Technical Report

    We might see the extension of the upside move and Stochastic is trading positively supporting our expectations.

    Thursday August 23 , 2012 11:34 GMT

  • USD/CHF Midday Technical Report

    We prefer to stay aside for the rest of the day to see how the pair will react around 0.9570 areas.

    Thursday August 23 , 2012 11:28 GMT

  • USDJPY Midday Technical Report

    The pair is taking a breath after yesterday's violent decline.

    Thursday August 23 , 2012 10:52 GMT

  • GBP/USD Midday Technical Report

    A new bearish technical formation appeared on the four-hour interval

    Thursday August 23 , 2012 10:48 GMT

  • EUR/USD Midday Technical Report

    Bulls couldn't take the initial resistance between 1.2550 and 1.2565.

    Thursday August 23 , 2012 10:45 GMT

  • Silver Midday Technical Report

    The price looks hesitant around the key resistance area at 30.50, where the main descending trend line and the 200-days SMA are located.

    Thursday August 23 , 2012 10:45 GMT

  • Gold Midday Technical Report

    Drilling into the four-hour chart, we find that price has formed a spinning top candle pattern, while Stochastic is providing strong overbought signals.

    Thursday August 23 , 2012 10:39 GMT

  • WTI Crude Oil Midday Technical Report

    Oil trades within a tight range around 98.00, while Momentum indicators are losing the bullish momentum, pushing price to trade slightly lower.

    Thursday August 23 , 2012 10:50 GMT

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