EUR/SEK Likely to Drop Following Spike
October 26, 2010 6:58 pm by Dan EduardEUR/SEK saw a massive spike of almost 1500 pips on Tuesday, following comments from Sweden's central bank regarding future interest rate hikes. While the pair is still moving up, technical indicators are showing that a downward correction is likely ...
Gold Set for a Bearish Correction
August 30, 2010 11:27 am by Dan EduardGold prices have been rising substantially over the last few weeks, as the commodity is being seen more and more as a safe haven while the pace of the global economic recovery is being questioned. As we will show ...
Oil Drops Below $72
August 25, 2010 9:27 am by Anton EljwizatThe Oil prices are once again dropping, and it is currently traded around $71.65 per barrel. However, there is much technical data that supports a bullish move for today as described below. Forex traders involved with commodities like this can ...
GBP/USD Price Action Reaches Turning Point
July 9, 2010 11:58 am by Russell GlaserThe GBP/USD has taken a pause this week while forming a rising channel line before making its next move. Technical indicators show the momentum of this bullish move is wavering, which could set up for a downward move in the ...
USD/CAD Bullish Correction May Be in the Making
June 10, 2010 9:32 am by Anton EljwizatThe pair has recorded much bearish behavior in the past week. However, the technical data indicates that this trend may reverse anytime soon. For example, as I demonstrate below, the 4-hour chart signals that a bullish reversal is imminent, and ...
Potential Reversal for GBP/JPY
May 28, 2010 10:07 am by Anton EljwizatThe pair has recorded much bullish behavior yesterday. However, the technical data indicates that this trend may reverse anytime soon. For example, as I demonstrate below, the 4-hour chart signals that a bearish reversal is imminent, and the cross may ...
USD/CHF Expected to go Bearish
May 26, 2010 10:06 am by Anton EljwizatThe volatile of the USD/CHF pair continues to be affected by the volatile forex market. The last three weeks has seen a lot of bullish strength in the USD/CHF pair. However, as I demonstrated below, it seems that the pair’s ...
MSCI Taiwan Index May Go Bullish
May 10, 2010 11:26 am by Anton EljwizatThe MSCI Taiwan Index has been in a downward trend throughout the past 2 weeks, dropping from 292.75 to as low as 262.30. Yesterday, however, saw the beginning of an upward correction, a trend that is expected to continue. Forex ...
USD/SEK May Go Bearish
March 23, 2010 11:39 am by Anton EljwizatThe USD/SEK cross has been experiencing much bullish behavior in the last few days. However, there is much technical data that supports a bearish move for today. As I demonstrate below, that the USD/SEK may very well be heading for ...
Forex Technical Analysis – EUR/USD Daily Chart
March 18, 2010 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 ...
