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Sell Signals on NZD/USD

February 2, 2011 7:41 pm by Anton Eljwizat

This pair's sustained upward movement has finally pushed its price into the over-bought territory on the 4-hour chart's RSI. Not only that, but there actually appears to be a bearish cross on the Slow Stochastic pointing to an imminent downward ...

USD/SEK Expected to go Bullish

January 28, 2011 7:52 am by Anton Eljwizat

The USD has dropped significantly versus the SEK in the past 3 weeks, and it is currently traded around 6.4430. And now as evident in the data below, the daily chart is giving bullish signals, indicating that USD/SEK pair might ...

GBP/AUD Reversals in the Making

January 17, 2011 10:51 am by Anton Eljwizat

A bullish movement of the GBP/AUD cross hasn’t received much support as of late. Below, I will demonstrate that the GBP/AUD pair has already commenced a downward trend for today, as a bearish cross has taken place on the Slow ...

Sell Signals on GBP/CHF

January 13, 2011 11:35 am by Anton Eljwizat

Last week's bullish movement in GBP/CHF has pushed a number of technical indicators into the over-bought territory. As I will demonstrate below, the GBP/CHF may very well be heading for a reversal, as a bearish cross has taken place on ...

Gold Trades Near $1410 an Ounce

December 29, 2010 4:38 pm by Anton Eljwizat

Gold prices rose significantly in the last week and peaked at $1408 an ounce. However, the 4 hour chart is suggesting that a recent upwards trend is loosing steam and a bearish correction is impending. Forex traders can take advantage ...

Gold Support at $1280 an Ounce

November 23, 2010 10:36 am by Anton Eljwizat

The price of gold has been rising steadily for the past several months with what appears to be no end in sight, and has been range-trading widely between $1280 and $1400 these past few weeks. The expectation among many analysts ...

DAX 30 Index Reversals in the Making

October 26, 2010 11:02 am by Anton Eljwizat

The DAX 30 Index has recorded much bullish behavior in the past several days. However, the technical data indicates that this trend may reverse anytime soon. For example, as I demonstrate below, the 8-hour chart signals that a bearish reversal ...

EUR/CHF Bullish Correction in the Making

June 23, 2010 10:49 am by Anton Eljwizat

The EUR/CHF has recorded much bearish behavior in the past several days. However, the technical data indicates that this trend may reverse anytime soon. For example, as I demonstrate below, the 8-hour chart signals that a bullish reversal is imminent, ...

Give the Gift of Forex this Holiday Season!

December 15, 2009 2:54 pm by Greg Holden

Silver Reversal in the Works

October 12, 2009 2:51 pm by Anton Eljwizat

Silver prices gained sharply in last week's trading session and touched a record high of $17.94 per ounce, as a weaker dollar provided support to the upside. However, as I demonstrate below, that the silver may very well be heading ...