CHF/JPY Likely to See Downward Reversal
January 17, 2011 8:19 am by Dan EduardOver the last week, the Swiss franc has steadily been making gains on its Japanese counterpart. While the market is still very much in favor of riskier assets, technical indicators are showing that the safe-haven yen may be due for ...
EUR Gains against CAD Likely in Near Future
January 12, 2011 8:05 am by Dan EduardThe euro has been stuck in a prolonged bearish trend against its Canadian rival for well over a week. Technical indicators are now showing that an impending bullish trend is on the horizon, providing traders with an excellent opportunity ...
Danish Kroner Set to Correct Losses against Dollar
January 11, 2011 11:34 am by Dan EduardOver the last week, the US dollar has moved up more than 2000 pips against its Danish counterpart, largely due to positive fundamental data that has caused investors to flock to the greenback. At the same time, technical data ...
EUR Forecasted to Enter Bullish Trend vs. GBP
January 10, 2011 8:04 am by Dan EduardThe last few days have seen the euro drop against most of its main currency rivals, including the UK pound. Since the 4th of January, the EUR/GBP pair has tumbled some 330 pips, and is currently trading at the ...
USD Set to Reverse Gains on ZAR
January 6, 2011 11:18 am by Dan EduardWhile the dollar has made some fairly impressive gains on the rand as of late, the pair may be in store for a downward correction according to technical indicators. Since the 3rd of this month, the USD/ZAR has gone ...
CHF/JPY May Turn Bullish
January 6, 2011 11:15 am by Dan EduardAfter spending the better part of the last two days stuck in a downward spiral, technical indicators are now showing that the Swiss franc is poised to turn bullish against its Japanese counterpart.
EUR/CHF Likely to See a Downward Reversal
January 6, 2011 7:50 am by Dan EduardOver the last two days, the euro has been making substantial gains against its Swiss counterpart. The EUR/CHF pair has gone up more than 250 pips in that time, largely due to the recent surge in risk taking following ...
Is the GBP/NZD Due for a Reversal?
January 5, 2011 10:29 am by Dan EduardWhile the UK pound has been steadily moving up against the kiwi over the last few days, technical indicators are now saying that the trend is likely to end in the near future. Not only is there a bearish ...
Aussie Set for Bullish Run against the Greenback
January 5, 2011 10:24 am by Dan EduardWhile the Australian dollar has dropped substantially against its US counterpart since the beginning of the week, technical signs are now pointing to a possible bullish reversal for the pair. The Williams Percent Range and Relative Strength Index ...
AUD/JPY Poised for Serious Bullish Movement
January 5, 2011 7:38 am by Dan EduardAfter tumbling close to 100 pips in yesterday's trading session, the AUD/JPY appears to be on the verge of an upward correction. Currently trading just above the 82.00 level, technical indicators are currently showing that a bullish move is ...
