Kumaresan Selvaraj pillai


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Friday, October 26, 2012

Technical Report

Friday October 26 , 2012 11:37 GMT
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Latest technical updates
  • NZD/USD Midday Technical Report

    Trading is caught in areas around the Linear Regression Indicators, below the main resistance for the downside wave and above the main ascending support

    Friday October 26 , 2012 11:10 GMT

  • AUD/USD Midday Technical Report

    What risks our outlook is the positive crossover attempt on Stochastic which might fail the downside move

    Friday October 26 , 2012 11:07 GMT

  • USD/CAD Midday Technical Report

    The pair confirmed the stability above 0.9945 and that might extend the upside move, especially as the Linear Regression Indicators are positive

    Friday October 26 , 2012 11:03 GMT

  • USD/CHF Midday Technical Report

    Trading is still biased to the upside affected by the breach of the resistance for the downside wave and stability above the Linear Regression Indicators

    Friday October 26 , 2012 11:00 GMT

  • USD/JPY Midday Technical Report

    The pair is holding below 80.00 pivot, heading towards the 200-days SMA around 79.65.

    Friday October 26 , 2012 10:29 GMT

  • GBP/USD Midday Technical Report

    The pair continues to fluctuate below the main descending resistance for the wedge pattern,

    Friday October 26 , 2012 10:29 GMT

  • EUR/USD Midday Technical Report

    The pair is pushing below 1.2920 low, attempting to breach it and head towards the next potential support at 1.2885 then 1.2825.

    Friday October 26 , 2012 10:29 GMT

  • Silver Midday Technical Report

    Silver pushed one more time towards 31.50 level, while stochastic is lagging price action

    Friday October 26 , 2012 10:07 GMT

  • Gold Midday Technical Report

    Gold retested 1700.00 level this morning, and thus activated our previous bullish scenario.

    Friday October 26 , 2012 10:06 GMT

  • EUR/GBP Midday Technical Report

    Even with the bearish signals the pair remains stable above the mentioned support and accordingly we prefer to stay aside and observe trading around those levels.

    Friday October 26 , 2012 11:34 GMT

  • EUR/JPY Midday Technical Report

    A sharp decline was seen for the pair, but remained limited above 102.60 areas which make us hold onto our positive expectations.

    Friday October 26 , 2012 11:25 GMT

  • GBP/JPY Midday Technical Report

    The pair dropped below 129.05 which is a critical intraday barrier for today

    Friday October 26 , 2012 11:18 GMT

  • WTI Crude Oil Midday Technical Report

    The bearish bias is still likely for the rest of the day.

    Friday October 26 , 2012 10:28 GMT

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