Technical Update – Silver Continues its Decline
January 26, 2011 7:38 am by Russell GlaserThe price of spot silver once again found support at a previously identified price level and a breach of $26.50 may set the stage for a significant retracement of the August to January move.
EUR/USD – New Price Target
September 28, 2010 12:30 pm by Russell GlaserThe EUR/USD is currently testing a technical resistance level that once breached should solidify the rising trend and a retracement of the December to June bearish trend.
GBP/USD Technical Forecast
September 24, 2010 12:05 pm by Russell GlaserPrice action combined with a Fibonacci retracement level that coincides with a big round number should serve as traders’ target for the GBP/USD.
EUR/USD – Ascending Triangle Pattern
September 14, 2010 1:37 pm by Russell GlaserThe EUR/USD is caught in a range trading environment and has headed lower from the resistance level that forms a consolidation pattern beginning in mid-August. Traders should be looking to short the EUR/USD now that the upward movement has ceased ...
EUR/USD – New Bearish Trend
August 23, 2010 11:57 am by Russell GlaserDuring the past two weeks’ trading we have seen a shift in the technicals of the EUR/USD to the downside.
USD/CHF Range Trading Opportunity
August 12, 2010 11:22 am by Russell GlaserFollowing a dramatic downtrend for the USD/CHF, the pair has been caught in a range trading environment. This provides an opportunity to short the USD/CHF between two previously tested support and resistance levels.
EUR/USD Targets 200-Day Moving Average
August 10, 2010 11:50 am by Russell GlaserThe EUR/USD has been testing the 200-day moving average line. Following yesterday's decline in the price combined with using multiple time periods, an opportunity exists to enter the market with this target in mind.
Forex Technical Analysis – EUR/USD Fibonacci
April 19, 2010 11:35 am by Russell GlaserThe dollar has significantly gained against the euro and has paused in the recent downward trend at the support line which coincides with the 23.6% Fibonacci retracement level on the 4-hour chart.
Forex Technical Analysis – EUR/USD – Fibonacci Retracement
April 12, 2010 1:48 pm by Russell GlaserThe long term downward sloping trend line is being tested after the euro appreciated versus the dollar. The rise in the pair coincides with the release of the EU rescue package for Greece. The daily chart below shows to what ...
How to Use the Fibonacci Retracement?
October 27, 2009 12:35 am by Yan PettersThe Fibonacci Retracement Lines are a fantastic tool that our platform provides you in order to detect future movements. In case you don't know how to use it, do yourself a favor and read the rest of this article.
