Kumaresan Selvaraj pillai


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Tuesday, September 4, 2012

Technical Report

Tuesday September 4 , 2012 06:59 GMT
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Latest technical updates
  • NZD/USD Morning Technical Report

    The pair is stable below 0.7985 and that is negative pressure that will push the pair further to the downside.

    Tuesday September 4 , 2012 06:29 GMT

  • AUD/USD Morning Technical Report

    The downside move stopped at the Potential Reversal Zone (PRZ) that was suggested yesterday at 1.0220 and the pair now is trading positively affected by the positive Bat Pattern.

    Tuesday September 4 , 2012 06:22 GMT

  • USD/CAD Morning Technical Report

    Despite the tight trading range but we can see stability below 88.6% correction at 0.9870 which keeps the possibility for the downside move intact.

    Tuesday September 4 , 2012 06:11 GMT

  • USD/CHF Morning Technical Report

    The pair provided a daily closing below 0.9520 and that further supports the pressure from the Butterfly Pattern.

    Tuesday September 4 , 2012 06:04 GMT

  • USD/JPY Morning Technical Report

    The pair didn't show any big move since the opening of this week creating a case of indecision as it remains stable above 76.4% Fibonacci retracement

    Tuesday September 4 , 2012 05:46 GMT

  • GBP/USD Morning Technical Report

    The positivity on Stochastic couldn't assist traders to send the pair higher above 61.8% Fibonacci

    Tuesday September 4 , 2012 05:13 GMT

  • EUR/USD Morning Technical Report

    Bulls have the ability now to retest 1.2700 followed by 1.2750

    Tuesday September 4 , 2012 04:54 GMT

  • Silver Morning Technical Report

    The technical breakout above the main two descending trend line shown on image suggests the bullish direction should continue

    Tuesday September 4 , 2012 05:30 GMT

  • Gold Morning Technical Report

    Gold is hanging in the air, after breaking-out of the recent consolidation period; the metal has been pushing to new highs. there is no rational technical reason to stop being bullish on gold in the short term,

    Tuesday September 4 , 2012 05:22 GMT

  • EUR/GBP Morning Technical Report

    For today, we expect an upside move as far as we did not see the breach of 0.7880 and stability below it.

    Tuesday September 4 , 2012 06:50 GMT

  • EUR/JPY Morning Technical Report

    Stability above the mentioned level might support the extension of the upside move

    Tuesday September 4 , 2012 06:47 GMT

  • GBP/JPY Morning Technical Report

    We hold onto our positive expectations for today, while the breach of 125.00 might trigger a clearer upside move.

    Tuesday September 4 , 2012 06:44 GMT

  • WTI Crude Oil Morning Technical Report

    Price has completed the bullish continuation flag pattern, this pattern is another catalyst for price to head higher

    Tuesday September 4 , 2012 05:36 GMT

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