Oil Prices Climb above $111 a Barrel
April 8, 2011 7:27 am by Anton EljwizatCrude oil prices rose significantly yesterday and peaked at $111.36 per barrel. However, the daily chart is suggesting that a recent upwards trend is loosing steam and a bearish correction is impending. Forex traders involved with commodities like this can ...
Sell Signals on AUD/USD
March 25, 2011 8:51 am by Anton EljwizatThe AUD/USD experienced much bullishness in the past few days, as it now stands at 1.0240. However; it seems that this trend may be coming to an end. I will illustrate below that the AUD/USD may very well be heading ...
EUR/CAD Uptrend Might be Near the End
March 21, 2011 7:44 am by Anton EljwizatThe volatile of the EUR/CAD pair continues to be affected by the volatile forex market. The last two weeks has seen a lot of bullish strength in the EUR/CAD pair. However, as I demonstrated below, it seems that the pair’s ...
Crude Oil Trades near $103.50 Level
March 18, 2011 8:32 am by Anton EljwizatCrude oil prices rose significantly yesterday and peaked at $103.63 per barrel. However, the 4-hour chart is suggesting that a recent upwards trend is loosing steam and a bearish correction is impending. Forex traders involved with commodities like this can ...
USD/CHF Likely to Enter Upward Correction
March 16, 2011 8:51 am by Anton EljwizatThe USD has dropped significantly versus the CHF in the past few days, and it is currently traded around 0.9180. And now as evident in the data below, the 8-hour chart is giving bullish signals, indicating that USD/CHF pair might ...
GBP/CAD- Technical Update
March 10, 2011 9:56 am by Anton EljwizatThis pair's indicators appear to be revealing an upward corrective signal. The 8 hour chart Stochastic (slow) show impending and fresh bullish crosses, respectively, which highlights the impending upward movement of this pair. The Relative Strength Index also show that ...
EUR/CAD May Rebound Today
March 10, 2011 8:10 am by Anton EljwizatThe pair 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. ...
USD/CAD Set for Bullish Correction
March 9, 2011 1:48 pm by Anton EljwizatThe USD has dropped significantly versus the CAD in the past few days, and it is currently traded around 0.9677. And now as evident in the data below, the 4-hour chart is giving bullish signals, indicating that USD/CAD pair might ...
Bearish Move Predicted for EUR/CAD
March 7, 2011 8:53 am by Dan EduardThe euro has seen significant upward movement against its Canadian counterpart over the last several months. The EUR/CAD pair, currently trading just above the 1.3580 price line, has gone up over 800 pips since January.
Silver Hits $34.40 Level
March 1, 2011 7:49 am by Anton EljwizatSilver prices rose significantly in the past month and peaked at $34.40 an ounce. However, the daily chart is suggesting that a recent upwards trend is loosing steam and a bearish correction is impending. Forex traders involved with commodities like ...
