EUR/USD Forecast for the Week of May 21, 2012, Technical Ana
The EUR/USD pair fell most of the week but got a boost on Friday in order to form a hammer. The hammer isn’t the prettiest one, but it does suggest that a bounce could be coming. The G8 meeting over the weekend at Camp David in Maryland will have
GBP/USD Forecast for the Week of May 21, 2012, Technical Ana
The GBP/USD pair had a horrible week over the last five sessions. The pair started out as the 1.61 level, only to lose over 300 pips for the week. However, the Friday candle turned out to be a hammer, and at the 50% Fibonacci retracement level as
EUR/GBP Forecast for the Week of May 21, 2012, Technical Ana
The EUR/GBP pair had a bullish week after first suffering for the previous week. The resulting candle is a hammer, and it appears that there is a real chance for a bounce in this pair. The 0.81 level above will be a hurdle to overcome in order to
AUD/USD Forecast for the Week of May 21, 2012, Technical Ana
The AUD/USD pair fell hard for most of the week as the “risk off” trade is now back in full force. The pair is now well under the parity level, and now looks as if it is pressing to break down to the 0.95 level. However, the fall has been strong
USD/CAD Forecast for the Week of May 21, 2012, Technical Ana
The USD/CAD pair skyrocketed during the week as the 1.01 barrier finally gave way. The oil markets are falling as well, and the large green candle for the week in this pair is a dead obvious signal that leaves little doubt about how the pair is a
Silver Forecast May 21, 2012, Technical Analysis
The silver markets rose on Friday as the bounce from the $27 level continues to power forward. However, the market is without a doubt very bearish overall, and the move should only set up the market for the bears to reenter with shorts from a hig
Silver Forecast for the Week of May 21, 2012, Technical Anal
The silver markets fell for much of the week over the last five sessions. The metal is suffering right along with its yellow cousin gold, but also has had a bit of industrial demand destruction wearing on it as well. The market has not only the f
Gold Forecast for the Week of May 21, 2012, Technical Analys
The gold markets fell for most of the week but managed to close just above the open. The market is suffering right along with all risk assets like oil, as the “anti-Dollar” play is suffering. However, with the global economy looking to possibly s
Special Focus: USDCHF (Week Ahead)
USDCHF: Although USDJPY continues to hold on to its recovery tone while holding above the 0.9334 level, it faces the risk of a turn lower.
EURUSD Analysis – Buyers Seen At Double Bottom Area
EURUSD Analysis – Buyers Seen At Double Bottom Area.
GBPUSD Price Action Pinbar Follows Bearish Week
GBPUSD Price Action Pinbar Follows Bearish Week.
Dow Theory
Dow TheoryCharles Dow is often considered as the founder of the technical analysis. Jointly with his companion he implemented the famous Dow Jones industrial average, created one of the leading world financial information agencies and began t


