http://www.forexyard.com/en/market-analysis/ Headlines en analysis@forexyard.com newsletter@forexyard.com Mon, 22 Mar 2010 06:45:21 +0000 ForexYard Newsletter 2 RSS Generator Oil: Oil prices are once again dropping, and are currently traded around $80.50 per barrel. And now, the 4-hour chart's RSI is giving bullish signals, indicating that Oil prices might go up. This might give forex traders a great opportunity to enter a very popular trend. http://www.forexyard.com/en/market-analysis/is_the_eur-usd_on_its_way_towards_a_new_low-2010-03-22 Mon, 22 Mar 2010 06:45:21 +0000 NZD/JPY: The pair may experience some downward correction today as the 8 hour and daily chart's RSI is floating in the overbought territory, signaling an imminent downward movement. Forex traders may be advised to go short on the pair. http://www.forexyard.com/en/market-analysis/dollar_wins_amid_greek_debt_concerns-2010-03-19 Fri, 19 Mar 2010 06:16:49 +0000 Oil: The price of spot crude oil continues to push towards its yearly high of $83.90. and yesterday the price climbed as high as 83.31. However, the price of the commodity may be overextended. The price is falling as the 4-hour chart shows the 7-day Relative Strength Indicator has breached below the 70 line, indicating the potential for a price decline. The MACD histogram is also trending lower, providing further support for a bearish price move. Forex and commodity traders may want to cover any long positions they may have as the price of spot crude oil could fall today. http://www.forexyard.com/en/market-analysis/unemployment_claims_in_focus_today-2010-03-18 Thu, 18 Mar 2010 07:16:27 +0000 Gold: Bullish trends were initiated around the $1118 level, and have continued with full steam as currently an ounce of gold is valued at $1126. Currently, gold is reaching towards a very strong resistant level placed at the $1130 level. If the resistant level will be breached, another sharp bullish move might take place. This could be a great opportunity for forex traders to join a very popular trend. http://www.forexyard.com/en/market-analysis/gbp_gains_heavily_for_first_time_in_weeks-2010-03-17 Wed, 17 Mar 2010 06:54:39 +0000 GBP/NZD: The pair's hourly and 2 hour chart's RSI is floating in the oversold territory with a bullish cross evident on the hourly, 2 hour and 4 hour charts' Slow Stochastic. Furthermore, a breach of the lower Bollinger Band is evident on the hourly chart. Forex traders are advised to go long for the day http://www.forexyard.com/en/market-analysis/eur_falls_on_risk_aversion;_rebound_expected-2010-03-16 Tue, 16 Mar 2010 05:58:01 +0000