Kumaresan Selvaraj pillai


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Friday, September 14, 2012

Technical Report

Friday September 14 , 2012 07:25 GMT
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Latest technical updates
  • NZD/USD Morning Technical Report

    We expect the upside move to extend further in the coming period and we do not rule out any downside correction or heavy volatility due to the oversold signs on momentum indicators.

    Friday September 14 , 2012 06:53 GMT

  • AUD/USD Morning Technical Report

    Stability above 1.0500 is essential over intraday basis to keep the upside move intact over all timeframes.

    Friday September 14 , 2012 06:47 GMT

  • USD/CAD Morning Technical Report

    We remained neutral today with stability above 0.9715, nevertheless the pair declined and reached all our previous targets set in the weekly report.

    Friday September 14 , 2012 06:34 GMT

  • USD/CHF Morning Technical Report

    We hold onto our general downside expectations and prefer to remain neutral today due to the inappropriate risk to reward ratio.

    Friday September 14 , 2012 06:27 GMT

  • USD/JPY Morning Technical Report

    RSI 14 indicator is currently very close to oversold regions

    Friday September 14 , 2012 05:42 GMT

  • GBP/USD Morning Technical Report

    The overbought condition appearing on Stochastic could activate downside movements

    Friday September 14 , 2012 05:33 GMT

  • EUR/USD Morning Technical Report

    Yesterday's printed high at 1.3000 psychological level represents the suggested technical objective of the weekly report

    Friday September 14 , 2012 05:17 GMT

  • EUR/GBP Morning Technical Report

    For now we will hold onto our positive expectations even over intraday basis yet possible fluctuations and volatility are likely to be seen due to the overbought signs on Stochastic.

    Friday September 14 , 2012 07:19 GMT

  • EUR/JPY Morning Technical Report

    The pair today is approaching 101.40 resistance close the main resistance for the upside wave and accordingly we remain neutral over intraday basis as the pair offers conflicting signals

    Friday September 14 , 2012 07:10 GMT

  • GBP/JPY Morning Technical Report

    The pair turned to the upside yesterday and confirmed the stability above 125.30 once again with a long bullish channel above the Linear Regression Indicators 34 & 55.

    Friday September 14 , 2012 06:59 GMT

  • Silver Morning Technical Report

    After settling above the 61.8% correction level, the metal rallied yesterday acquiring our first upside target and approaching the next potential resistance and second target at the 78.6%

    Friday September 14 , 2012 06:09 GMT

  • Gold Morning Technical Report

    Gold jumped more than $35 yesterday after testing 1725.00 level which was our trigger for the bullish scenario yesterday

    Friday September 14 , 2012 05:59 GMT

  • WTI Crude Oil Morning Technical Report

    Price has surpassed 99.00 level, and thus the door could be open now for further upside today,

    Friday September 14 , 2012 06:15 GMT

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