Kumaresan Selvaraj pillai


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Sunday, November 18, 2012

Technical Report

Monday November 19 , 2012 07:27 GMT
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Latest technical updates
  • NZD/USD Weekly Technical Report

    The pair returned above 0.8100, but at the same time continues to trade below the Linear Regression Indicators and accordingly we will stay aside

    Monday November 19 , 2012 06:29 GMT

  • AUD/USD Weekly Technical Report

    After reaching the first Potential Reversal Zone (PRZ) at 1.0290 the pair returned sharply higher affected by the bullish Butterfly Pattern expected earlier

    Monday November 19 , 2012 06:19 GMT

  • USD/CAD Weekly Technical Report

    The bearish Butterfly Pattern controls trading and we can see that the upside move seen was limited below 1.0040

    Monday November 19 , 2012 06:14 GMT

  • USD/CHF Weekly Technical Report

    Areas of 0.9400 halted the upside move and trading today started with a downside bias; this signals that the bearish Butterfly Pattern continues to influence trading

    Monday November 19 , 2012 06:08 GMT

  • USD/JPY Weekly Technical Report

    Risk versus reward ratio is very high for intraday traders.

    Monday November 19 , 2012 05:34 GMT

  • GBP/USD Weekly Technical Report

    A bearish momentum channel has been drawn on RSI 14 indicator.

    Monday November 19 , 2012 05:19 GMT

  • EUR/USD Weekly Technical Report

    The EUR/USD pair has consolidated below the previous broken neckline of our detected double top pattern for the most of the previous week

    Monday November 19 , 2012 05:11 GMT

  • EUR/GBP Weekly Technical Report

    The pair returned to trade below 0.8030 after failing to breach the 0.8070 level, which gives a strong probability that the upside move seen was just a retest

    Monday November 19 , 2012 07:15 GMT

  • EUR/JPY Weekly Technical Report

    Breaching that level could cause the pair to surge to the upside upside to complete forming the BC leg of a suggested Harmonic Shark or 0-5 Harmonic pattern.

    Monday November 19 , 2012 07:05 GMT

  • GBP/JPY Weekly Technical Report

    The pair surged to trade again above the first extended target of the bullish Harmonic Bat Pattern.

    Monday November 19 , 2012 06:50 GMT

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