AUD/NZD May See Bullish Reversal
April 6, 2011 6:58 am by Dan EduardOver the last week and a half, the AUD/NZD has experienced a bearish trend that has brought the pair down over 300 pips. Technical indicators are now showing that the pair may be in store for a bullish correction ...
EUR/SEK Likely to See Downtrend
March 29, 2011 1:08 pm by Dan EduardFollowing the recent bullish session the euro saw against the Swedish krona, it now appears that the pair has reached its peak and may turn downward. Technical indicators are showing that a prolonged bearish correction is likely to occur, ...
Silver Set for a Bullish Correction
January 25, 2011 8:12 am by Dan EduardSince markets opened this week, the price of silver has dropped over 130 pips and is currently trading around the 26.60 level. Technical indicators are now showing that the precious metal may be due for a bullish correction in ...
EUR Gains against CAD Likely in Near Future
January 12, 2011 8:05 am by Dan EduardThe euro has been stuck in a prolonged bearish trend against its Canadian rival for well over a week. Technical indicators are now showing that an impending bullish trend is on the horizon, providing traders with an excellent opportunity ...
AUD/JPY Poised for Serious Bullish Movement
January 5, 2011 7:38 am by Dan EduardAfter tumbling close to 100 pips in yesterday's trading session, the AUD/JPY appears to be on the verge of an upward correction. Currently trading just above the 82.00 level, technical indicators are currently showing that a bullish move is ...
Is Gold’s Bullish Trend Coming to An End?
December 22, 2010 6:04 pm by Dan EduardIn yesterday's gold analysis, we spoke about how the technical indicators were slightly inconclusive regarding the direction the commodity was taking (and rightly so, considering how little gold has moved in the last day). Since that analysis was published, ...
Forex News USDJPY Near 15-Year Low.avi
August 9, 2010 2:24 pm by Dan EduardFollowing Friday's disappointing U.S. jobs report, rumors have begun to circulate that the Fed will move in and further ease monetary policy this week. The greenback has tumbled against its major counterparts as a result, and has even begun ...
Technical Indicators Show Bullish Correction Likely for GBP/NZD
June 17, 2010 11:40 am by Dan EduardFor our technical analysis today, we will be looking at a not so frequently traded pair. While GBP/NZD has been steadily declining over the last 10 days, it appears that sterling is now poised for a comeback.
Forex Technical Analysis – EUR/USD Tests Resistance Level
March 12, 2010 12:39 pm by Russell GlaserThe range trading that the EUR/USD has experienced over the past month may continue. The price is approaching a significant resistance level and the 4-hour chart is showing technical resistance building, hinting at potential drop in the price.
EUR/AUD Poised For Bearish Trend
February 1, 2010 3:17 pm by Dan EduardThe EUR/AUD pair has been steadily increasing in value for the last 24 hours. As will be shown through a number of technical indicators, the pair is in overbought territory and is poised for a downward correction in the near ...
