Technical Indicators Show: GBP/JPY About To Tumble
03/19/10 12:49 PM by Yan PettersFor the past 6 months, the GBP/JPY cross has dropped constantly, eventually reaching a year low at the rate of 132.02. However, promptly after falling so far, the pair began to correct upwards, and has reached the 139.35 level two ...
Gold Hits $1125 Level
03/18/10 10:34 PM by Anton EljwizatGold rose slightly today after having gained more than 1% on Tuesday as a US Federal Reserve decision to hold interest rates unchanged burnished the metal's investment appeal.
Forex Technical Analysis – EUR/USD Daily Chart
03/18/10 11:59 AM by Russell GlaserAfter consolidating just above the 50% retracement level of the previous uptrend, the EUR/USD has begun to fall back inline with its long term downward trend line. A Forex technical analysis indicates further downward movement in the pair could be ...
Forex Technical Analysis – EUR/USD Entry Opportunity at the Long Term Trend Line
03/16/10 6:59 PM by Russell GlaserForex traders that are looking for opportunities to enter into the market at a good time may find one in the EUR/USD. The forex technical analysis of the EUR/USD daily chart shows the price may have risen to a level ...
Technical Data Indicates USD May Advance on SEK
03/16/10 4:26 PM by Anton EljwizatUSD has continued to trade between the prices levels of 7.0400-7.1400 against the SEK during the last two days. Currently, the pair seems to be fluctuating between these trading levels, within a broader downwards channel, as can be seen on ...
Gold’s Bullishness Coming to an End
03/16/10 4:21 PM by Yan PettersFor the past several weeks there has been a very distinct pattern formed in gold's 4-hour trading chart. The general trend is clearly bearish, yet what makes this formation interesting is that after every drop, a modest bullish correction is ...
USD/ZAR Provides Signs for Reversal
03/16/10 11:03 AM by Anton EljwizatThe USD/ZAR has recorded much bearish behavior in the past 3 weeks. However, the technical data indicates that this trend may reverse anytime soon. For example as described below, the daily chart’s signals that a bullish reversal is imminent. This ...
GBP/AUD Freefalls with No Apparent Stops
03/16/10 12:45 AM by Yan PettersThe GBP/AUD pair is dropping quite constantly for almost two years now. Normally, traders are advised to stay away from this pair as it is considered to be too volatile, and is even named by several analysts as an exotic ...
Potential Reversal for AUD/JPY
03/15/10 11:30 AM by Anton EljwizatThe volatility of the AUD/JPY pair continues to be affected by the action in the forex market. The last three weeks has seen much bullish strength in the AUD/JPY pair. However, as I demonstrate below, it seems that the pair’s ...
USD/CAD Freefall Bottoms Out
03/12/10 7:52 PM by Anton Eljwizat• Below is the daily chart of the USD/CAD currency pair. • The technical indicators used are the Relative Strength Index (RSI), MACD, and Williams Percent Range.
