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 ...
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, ...
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.
AUD/USD Likely to Turn Bearish
February 28, 2011 8:09 am by Dan EduardAfter spending the last week in a prolonged upward trend, it appears that the AUD/USD pair may have finally hit a significant resistance line. Technical indicators are showing that the pair is likely to turn bearish in the near ...
EUR/SEK Signals Mixed, Expecting Mild Retracement
February 15, 2011 12:00 pm by Greg HoldenThe technical indicators for the EUR/SEK reveal an impending retracement to the latest price downturn, but these signals appear weak.
EUR/GBP Set for Bullish Correction
February 15, 2011 7:54 am by Dan EduardAfter falling well over 100 pips since late last week, the EUR/GBP pair seems poised for a bullish reversal in the near future. Long term technical indicators are showing a potentially significant upward correction, giving forex traders a great ...
Silver Likely to Enter Downward Trend
February 3, 2011 7:28 am by Dan EduardAfter more than a week of bullish behavior, it looks like silver may have finally peaked, and is likely to see downward movement in the near future. Technical indicators are showing that the precious metal is in overbought territory, ...
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/CAD Set for Downward Correction
January 24, 2011 8:20 am by Dan EduardThe EUR/CAD pair has seen substantial bullish momentum as of late, moving up over 400 pips in the last week alone. Technical indicators are now showing that a downward correction is likely to occur in the near future, proving ...
