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 ...
Buy Signals on Platinum
March 11, 2011 8:09 am by Anton EljwizatThe platinum prices are once again dropping, and it is currently traded around $1770 an ounce. 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/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 ...
Weekly Chart Indicates Silver Will Break Record High This Week
March 8, 2011 3:03 pm by Yan PettersSilver prices saw a little bearish correction yesterday and the precious metal fell from an all-time record high of $36.72 an ounce to as low as the $35.80 level. However, as the weekly chart indicates, the bearish move was nothing ...
GBP/CHF Bouncing Off 1.5000 Support Line
March 8, 2011 7:30 am by Greg HoldenThe GBP/CHF has recently found solid support at the 1.5000 price level. Technical indicators, and the pair’s general trend, now seem to suggest a steady upward movement is expected.
Silver Corrects Gains, Might Fall To $35.0 an Ounce
March 7, 2011 5:55 pm by Yan PettersAfter going through an extraordinary bullish trend, silver prices have begun to show downward corrections as of today, dropping almost 100 pips. Silver peaked today at an all-time record high of $36.72, however, once American equity markets have opened, ...
EUR/JPY May Turn Bearish
March 4, 2011 10:45 am by Anton EljwizatA bullish movement in EUR/JPY has pushed a number of technical indicators into the over-bought territory. As I will demonstrate below, the EUR/JPY may very well be heading for a reversal, as a bearish cross has taken place on the ...
EUR/GBP Set for Bearish Correction
March 4, 2011 8:06 am by Anton EljwizatThe volatile of the EUR/GBP pair continues to be affected by the volatile forex market. The last two days has seen a lot of bullish strength in the EUR/GBP pair. However, as I demonstrated below, it seems that the pair’s ...
