GBPAUD Technical analysis
GBP/AUD continues to decline after the recent completion of the Rising Wedge chart pattern identified by Autochartist on the 4-hour charts.
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EUR/USD Forecast May 16, 2012, Technical Analysis
The EUR/USD pair continued to fall on Tuesday as the markets worry about the various problems facing Europe. The breakdown over the last couple of weeks has been brutal, and there shouldn’t be much of a debate on what direction the trend is headi
EUR/GBP Forecast May 16, 2012, Technical Analysis
The EUR/GBP pair attempted to rally for the session on Tuesday, but failed miserably. The 0.80 level had been support previously, and during the session acted as resistance. The failure to recapture the 0.80 handle suggests to us that we have far
EUR/CHF Forecast May 16, 2012, Technical Analysis
EUR/CHF continues to be dead money for the most part. The Swiss have put in place a “floor” in this market of 1.20, and the market is respecting it so far. If the pair does manage to fall below that level, the Swiss National Bank is very likely t
AUD/USD Forecast May 16, 2012, Technical Analysis
The AUD/USD pair attempted to rally on Tuesday, only to fail and fall further. The resulting candle from the session is a shooting star, and it is formed at the bottom of the down move we have seen over the last couple of weeks. This suggests tha
NZD/USD Forecast May 16, 2012, Technical Analysis
The NZD/USD pair fell very hard during the session on Tuesday to continue to slide in this pair. The candle looks very weak as the market closed towards the very bottom of the range, and it suggests that we are going to see continued weakness in
Binary Options Daily Analysis – Fear Continue to Rise as Gre
Binary Options Daily Analysis – Fear Continue to Rise as Greece Fails to Form a GovernmentEquities
Asian markets dropped on Tuesday, as fears of a Greek exit from the euro escalated. The Nikkei lost .8% to 9901, the ASX 200 fell .7%, and the
Light Sweet Crude Forecast May 16, 2012, Technical Analysis
The Light Sweet Crude markets fell hard during the Tuesday session as the fears of a global slowdown come into play. The world worries about the situation in Europe, and as long as the US dollar continues to gain overall, this market will do the
Natural Gas Forecast May 16, 2012, Technical Analysis
The natural gas markets rose on Tuesday as the markets continue to try and rally. The $2.60 level looks like s significant resistance level to us and the 100 day exponential moving average is just above it. This should continue to keep the buyers
Gold Forecast May 16, 2012, Technical Analysis
The gold markets continued to fall on Tuesday as the risk off trade is in full force. The $1,500 level below is our last line of support at the moment, and it does in fact look like we are going to test it. However, shorting at this point is prob
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