Kumaresan Selvaraj pillai


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Wednesday, October 17, 2012

Technical Report

Wednesday October 17 , 2012 07:40 GMT
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Latest technical updates
  • NZD/USD Morning Technical Report

    After the pair reached the medium term ascending support, it rebounded to the upside sharply to settle around 0.8185 areas once again

    Wednesday October 17 , 2012 06:19 GMT

  • AUD/USD Morning Technical Report

    We have a formation that can be considered an inverted Head & Shoulders pattern and it failed our expectations yesterday

    Wednesday October 17 , 2012 06:12 GMT

  • USD/CAD Morning Technical Report

    The pair failed to stabilize yesterday below 0.9785 which ended the downside correction and triggered an upside move

    Wednesday October 17 , 2012 06:04 GMT

  • USD/CHF Morning Technical Report

    The downside move for the pair offers a possible harmonic Butterfly Pattern and this pattern requires the extension of the bearishness to complete the CD leg of the pattern.

    Wednesday October 17 , 2012 05:57 GMT

  • USD/JPY Morning Technical Report

    The battle continues around the resistance line of the potential falling wedge pattern

    Wednesday October 17 , 2012 05:41 GMT

  • GBP/USD Morning Technical Report

    Unlike its cousin-EURO- it couldn't prove the strength of the bullishness!

    Wednesday October 17 , 2012 05:37 GMT

  • EUR/USD Morning Technical Report

    Potential butterfly pattern over four-hour interval

    Wednesday October 17 , 2012 05:31 GMT

  • EUR/GBP Morning Technical Report

    The pair breached the main support for the downside wave and that increases the possibility for forming an Inverted Head & Shoulders pattern which will trigger a new upside wave

    Wednesday October 17 , 2012 06:51 GMT

  • EUR/JPY Morning Technical Report

    The pair extended the upside move affected by the breach of the main resistance for the ascending Symmetrical Triangle and we remind you of the possible harmonic Shark Pattern formation

    Wednesday October 17 , 2012 06:47 GMT

  • GBP/JPY Morning Technical Report

    The pair returned to the downside from the main resistance for the downside correction that was seen

    Wednesday October 17 , 2012 06:40 GMT

  • Silver Morning Technical Report

    We remain bullish on silver so long as 32.40-support level is holding.

    Wednesday October 17 , 2012 05:20 GMT

  • Gold Morning Technical Report

    Gold bounced after testing the potential reversal zone and main support area we mentioned yesterday

    Wednesday October 17 , 2012 05:13 GMT

  • WTI Crude Oil Morning Technical Report

    We expect oil to maintain the bullish bias today, supported as well by the 50-EMA.

    Wednesday October 17 , 2012 05:27 GMT

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