Kumaresan Selvaraj pillai


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Monday, December 10, 2012

Technical Report

Tuesday December 11 , 2012 07:35 GMT
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Latest technical updates
  • NZD/USD European Session Update

    The pair is still trading positively benefiting from breaching the resistance level of the minor bearish move

    Tuesday December 11 , 2012 07:00 GMT

  • AUD/USD European Session Update

    The thin weak trading prevails within the sideways range; trading is confined within the minor ascending channel shown on the graph

    Tuesday December 11 , 2012 06:49 GMT

  • USD/CAD European Session Update

    The pair touched the second target of the bearish Butterfly Pattern which is the barrier for extending the downside move

    Tuesday December 11 , 2012 06:42 GMT

  • USD/CHF European Session Update

    We can see signs of an Impulsive Wave (IM) formation completed at the bottom around 0.9240 levels

    Tuesday December 11 , 2012 06:31 GMT

  • USD/JPY European Session Update

    The technical negative conditions remains valid as momentum indicators are biased to the downside

    Tuesday December 11 , 2012 06:17 GMT

  • GBP/USD European Session Update

    The pair rose failing our expectations with four-hour closing above 1.6065-1.6070, but we don't want to confirm the extension of the upside move

    Tuesday December 11 , 2012 05:56 GMT

  • EUR/USD European Session Report

    The pair rose as we expected in our previous report, where stability at 1.2895 and 1.2905 levels pushed it to the upside

    Tuesday December 11 , 2012 05:44 GMT

  • EUR/GBP European Session Update

    The pair`s stability below the Exponential Moving Average (EMA) 50 compels us to stay aside

    Tuesday December 11 , 2012 07:10 GMT

  • EUR/JPY European Session Update

    We are anticipating closing below 106.25 to support expectations of forming the BC leg of the proposed harmonic pattern

    Tuesday December 11 , 2012 07:02 GMT

  • GBP/JPY European Session Update

    The pair failed to provide a four-hour closing below 131.85 yesterday and rebounded to the upside

    Tuesday December 11 , 2012 06:50 GMT

  • Silver European Session Update

    Our technical view remains unchanged today as well, looking for the rebound to continue.

    Tuesday December 11 , 2012 05:41 GMT

  • Gold European Session Update

    Price has broken the bullish falling wedge pattern , suggesting further short term upside potential

    Tuesday December 11 , 2012 05:32 GMT

  • WTI Crude Oil European Session Update

    The commodity is trading among a clear sideways range within the context of a bigger bearish trend

    Tuesday December 11 , 2012 05:53 GMT

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