Chart of the Day - 3/16/2010 – GOLD
Price action on spot gold, a daily chart of which is shown, has made a swift and pronounced bounce off a long-term uptrend support line. This long-term trendline was falsely breached in early February, but has subsequently been respected since th
EURUSD bullish wave detailed analysis
Today's elliott wave analysis of eurusd
RBA Minutes Suggest A Pause
The RBA released its minutes of the March meeting at 20:30 GMT today and the overall tone of the report suggested that Australian monetary authorities will proceed cautiously with any further rate hikes in the near term. The RBA policy officials
Pound Turnaround on Short Squeeze
The pound staged a massive short covering rally in morning London trade piercing the 1.5100 figure after tumbling to 1.4980 a few hours earlier. The fall was triggered by critical comments from the European Commission which stated that, “"The ove
Fed Weighs How, When To Signal Higher Rates
Debate is heating up within the Federal Reserve over how and when to signal that the days of record-low interest rates are numbered.
Evening forex signals 50 pips daily !
Evening Signals - Tuesday, 16 Mar -2010 11:30 AMEUR/USD
Trend: Upward
Buy EUR/USD at 1.3712 SL 1.3672 TP 1.3742
GBP/USD
Trend: Upward
Buy GBP/USD at 1.5122 SL 1.5082 TP 1.5152
Will the SNB Hit the Brakes?
Last week, traders were on the lookout for possible currency intervention by the Swiss National Bank (SNB). With the EURCHF now falling below a key support level, are the SNB sharks getting ready to snap their jaws and attack the markets?
forex signals 50 pips daily !
Daily Signals - Tuesday, 16 Mar -2010 7:30 AMEUR/USD
Trend: Downward
Sell EUR/USD at 1.3664 SL 1.3704 TP 1.3634
GBP/USD
Trend: Downward
Sell GBP/USD at 1.5005 SL 1.5045 TP 1.4975
Forex Daily Outlook – March 16th 2010
The week opened with dollar strength on a rather light calendar. Today is already very bust: major releases in Europe are followed by the rate decision in the US: will Bernanke send new signals? Here’s the daily outlook.
Forecast on Spot Gold (Spot Gold, NZDUSD, USDSGD)
SPOT GOLD closed @ 11090 which was ABOVE the open and was within prior day's trading range. The High was 2.5 Dollars from Precise Trader's Res Tgt 1 and the Low was PRECISELY at Precise Trader's Sup Zone 1. The Hourly Oscillators are MIXED and
Forecast on JPY Crosses (EURJPY, GBPJPY, AUDJPY)
EURJPY closed @ 12380 which was BELOW the open and was within prior day's trading range. The High was PRECISELY at Precise Trader's Res Tgt 1 and the Low was PRECISELY at Precise Trader's Sup Zone 5 (U Turn Zone). The Hourly Oscillators are Bea
Forecast on USD Minors (USDCHF, AUDUSD, USDCAD)
USDCHF closed @ 10620 which was ABOVE the open and was within prior day's trading range. The High was 10 pips from Precise Trader's Res Tgt 1 and the Low was 15 pips from Precise Trader's Sup Zone 1. The Hourly Oscillators are MIXED and the pri


