Oil Prices Climb above $111 a Barrel
April 8, 2011 7:27 am by Anton EljwizatCrude oil prices rose significantly yesterday and peaked at $111.36 per barrel. However, the daily chart is suggesting that a recent upwards trend is loosing steam and a bearish correction is impending. Forex traders involved with commodities like this can ...
USD May See Bullish Reversal Against NOK
April 6, 2011 8:08 am by Anton EljwizatAfter tumbling throughout the last week, technical indicators are now showing that the USD/NOK may be due for an upward correction. As we will see, now may be a good time for traders to open long positions for ...
GBP Rises on All Fronts
April 6, 2011 7:07 am by Anton EljwizatThe GBP experienced one of its most bullish trading days in recent weeks on Tuesday. The GBP made significant gains against many of its most traded currency pairs, such as the EUR, JPY and USD.
Sell Signals on AUD/USD
March 25, 2011 8:51 am by Anton EljwizatThe AUD/USD experienced much bullishness in the past few days, as it now stands at 1.0240. However; it seems that this trend may be coming to an end. I will illustrate below that the AUD/USD may very well be heading ...
EUR Rises on All Fronts
March 25, 2011 7:50 am by Anton EljwizatThe EUR experienced one of its most bullish trading days in recent weeks on Thursday. The EUR made significant gains against many of its most traded currency pairs, such as the GBP, JPY and USD.
European Debt Concerns Reemerge
March 24, 2011 6:30 am by Anton EljwizatAs debt concerns reemerge in Europe especially in Portugal, the euro appears to have dipped against its primary currency rivals in trading yesterday. The euro zone’s Economic Summit is due to meet today to discuss euro support mechanisms and government ...
Euro Continues To Surge and Hits 4-Month High vs. Dollar
March 22, 2011 7:23 am by Anton EljwizatThe two main topics in the market are still the ongoing Japanese nuclear crisis and the conflict in Libya. Over the past few days it has been said that officials have made progress in cooling nuclear reactors at a crippled ...
EUR/CAD Uptrend Might be Near the End
March 21, 2011 7:44 am by Anton EljwizatThe volatile of the EUR/CAD pair continues to be affected by the volatile forex market. The last two weeks has seen a lot of bullish strength in the EUR/CAD pair. However, as I demonstrated below, it seems that the pair’s ...
Crude Oil Trades near $103.50 Level
March 18, 2011 8:32 am by Anton EljwizatCrude oil prices rose significantly yesterday and peaked at $103.63 per barrel. However, the 4-hour chart is suggesting that a recent upwards trend is loosing steam and a bearish correction is impending. Forex traders involved with commodities like this can ...
Yen Slides after G7 Decides to Intervene in Yen’s Trading
March 18, 2011 7:24 am by Anton EljwizatThe Japanese yen continues to dominate economic news. After several days on which the yen appreciated on all fronts, the Group of seven industrial nations has decided to aid Japan by actively intervening in yen’s trading.
