Forex Technical Analysis – GBP/USD Buying Opportunity
February 1, 2010 4:46 pm by Russell GlaserA potential buying opportunity may exist in the GBP/USD. The daily chart shows the pair has been range trading for the past 8-months between the levels of 1.6740 and 1.5830. This can be used to a trader's advantage for reliable ...
Crude Oil Volatility on the Way
January 8, 2010 10:18 am by Anton EljwizatCrude oil prices rose significantly in the last two weeks and peaked at $82.30 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 ...
Crude Oil Hits $81 Level
January 5, 2010 12:38 pm by Anton EljwizatCrude oil rose above$81 a barrel on Tuesday as the dollar weakened, prompting investors to once again buy into commodities. However, as I will demonstrate below, Crude Oil may very well be heading for a reversal later today. Forex traders ...
EUR/NOK Downtrend Might be Near the End
January 4, 2010 5:30 pm by Anton Eljwizat• The Chart below is the 4-hour chart for EUR/NOK by ForexYard. • The technical indicators used are the Slow Stochastic, Relative Strength Index (RSI) and Williams Percent Range.
USD/DKK Provides Bearish Signals
December 23, 2009 1:24 pm by Anton EljwizatThe USD/DKK has recorded much bullish 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 daily chart signals that a bearish reversal is imminent, ...
GBP/CHF Bearish Correction in the Making
December 16, 2009 3:26 pm by Anton EljwizatLast week's bullish movement in GBP/CHF pair has pushed a number of technical indicators into the over-bought territory. As I will demonstrate below, the price of GBP/CHF may very well be heading for a reversal. Forex traders can take advantage ...
Crude Oil Prices Set to Increase
December 15, 2009 8:02 pm by Anton EljwizatCrude Oil has been experiencing much bearish behavior in the last month. However, there is much technical data that supports a bullish move for today. I will illustrate below that the oil may very well be heading for a reversal, ...
AUD/JPY on Course for Bearish Correction
December 11, 2009 10:28 pm by Anton EljwizatThe volatile of the AUD/JPY pair continues to be affected by the volatile forex market. The last week has seen a lot of bullish strength in the AUD/JPY pair. However, as I demonstrated below, it seems that the pair’s bullish ...
Crude Oil Falls Below $74
December 8, 2009 2:19 pm by Anton EljwizatCrude oil prices have dropped significantly yesterday and peaked at $73.50 per barrel. However, as I will demonstrate below, the price of crude oil may very well be heading for a reversal. Forex traders can take advantage of this impending ...
USD/CHF Currently Overvalued
December 7, 2009 4:52 pm by Anton EljwizatIn last week trading, the USD/CHF experienced much bullishness, as it now stands at $1.0225. However; it seems that this trend may be coming to an end. I will illustrate below that the USD/CHF may very well be heading for ...
