Gold Reaches For Even Loftier Levels
Gold (daily chart) as of Tuesday (8/02/2011) has once again established yet a new all-time high, which has been occurring regularly for the past three weeks, this time around the 1640 price region. This occurs within the context of a very clear a
Head And Shoulders Pattern GBP/USD 25/8/11 Analysis
Cable has printed a complex head and shoulders formation, beneath the key 1.6500 resistance level, and the pattern triggered yesterday afternoon. This came after the trend line break we identified earlier this week had triggered short and moved
How To Trade With Bollinger Bands Indicator
For anyone to be successful in the business of currency trading, the main goal has not changed and it is hinges around investors buying an instrument when it is low to sell at a high price or buy when high to sell at a low price. A lot of trading
Stock market updates|stock market outlook
stock market looks very weak this hour and the stock market sectors traded at red zone.Sensex is trading at 17471, down 234 points , and the Nifty is at 5261, down 66 points.In this blog You will get Intraday Tips For Today,Stock tips For today
Technical Focus: EURJPY
EURJPY- With a follow through lower on the back of its last week weakness seeing EURJPY breaking below its strong support at the 113.49 level, its Jun 16’2011 low on Monday, further bearish momentum is expected in the days ahead.
Forecast on JPY Crosses (EURJPY, GBPJPY, AUDJPY)
EURJPY closed @ 11555 which was ABOVE the open and was within prior day's trading range. The High was PRECISELY at Precise Trader's Res Tgt 2 and the Low was PRECISELY at Precise Trader's Sup Tgt 1. The Hourly Oscillators are Turning Bearish an
Technical Focus: EURUSD
EURUSD: EUR continues to build up on its recovery started from the 1.3604 level, closing higher on Thursday and paving the way for further upside.
EURUSD: Builds Bull Pressure.
EURUSD: Although EUR maintains a bullish bias into the new week, it has a lot of overhead resistance to clear before returning to the 1.4279 level.
Euro Analysis May 2nd
Euro Analysis May 2nd
Forecast on USD Majors (EURUSD, GBPUSD, USDJPY)
EURUSD closed @ 14235 which was ABOVE the open and was within prior day's trading range. The High was PRECISELY at Precise Trader's Res Zone 1 and the Low was PRECISELY at Precise Trader's Sup Zone 1. The Hourly Oscillators are Bullish but Weak
EUR/CHF Daily European Technicals 07/04
(Dow Jones via #eFXnews.com)Intraday EUR/CHF: A major recovery is underway, which targets significant resistance in the 1.2400 area. The sharp bull wave off the June 27 reaction low at 1.1808 has scope to
USD/CHF Completes Head and Shoulder Pattern
This is a follow up on yesterday’s USD/CHF update where we were monitoring the development of the head and shoulder in USD/CHF. Today the head and shoulder completed breaking below neckline, below 4H 200SMA and rising trendline. RSI back below 40


