USD May See Bullish Reversal Against NOK
April 6, 2011 8:08 am by Anton EljwizatAfter tumbling throughout the last week, technical indicators are now showing that the USD/NOK may be due for an upward correction. As we will see, now may be a good time for traders to open long positions for ...
USD/DKK May Finally Be Set For a Downward Correction
August 23, 2010 12:00 pm by Dan EduardThe U.S. dollar has steadily been making gains against the Danish krone since the first week of August. In the last 3 weeks or so, the pair has gone up around 2600 pips. As we will illustrate through ...
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.
Spot Gold Technicals Showing Sell Signals
July 1, 2010 7:31 pm by Russell GlaserSpot gold prices have come off of their record high and continue to show more bearish signals. Momentum for the bullish trend appears to be wavering as a strengthening euro adds to the bearish prospects in gold prices.
GBP/USD Currently Overvalued
April 12, 2010 11:48 am by Anton EljwizatThe sustained upward movement of the GBP/USD pair doesn’t seem to be receiving much resistance lately. As I will demonstrate below, the price of GBP/USD may very well be heading for a correction, and it might have the potential of ...
Forex Technical Analysis – EUR/USD – Time to Cover Short
April 8, 2010 1:44 pm by Russell GlaserThe 4-hour EUR/USD chart is showing technical signs that the bearish streak has overextended itself and the price of the pair may rise in the near term.
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.
Forex Technical Analysis – EUR/USD Trend Line – Part II
February 25, 2010 12:20 pm by Russell GlaserA continuation of the previous Forex Technical Analysis of the EUR/USD 4-hour chart shows that it may be time to close out those short positions that were opened two days ago.
AUD/CHF Bearish Correction in the Making
February 18, 2010 8:43 pm by Anton EljwizatThe sustained upward movement of the AUD/CHF pair doesn’t seem to be receiving much resistance lately. As I will demonstrate below, the price of CAD/JPY may very well be heading for a correction, and it might have the potential of ...
EUR/AUD Provides Signs for Reversal
February 15, 2010 11:24 am by Anton EljwizatThe EUR has dropped significantly versus the AUD in the past week, and it is currently trading around 1.5335. And now as evident in the data below, the daily chart is giving bullish signals, indicating that the EUR/AUD pair might ...
