11 Apr 2013 @ 23:02
GOLD Dominant bias: Bearish Since the year 2012, the outlook on the world-famous gold has been bearish. This highly-sought precious metal has plummeted by more than 13500 points since December 2012, when the model used for this analysis gave a long term short signal. The outlook is bearish and the price would continue to respect […]
11 Apr 2013 @ 14:20
The EURUSD has been moving in sideways, like other pairs who are waiting to define their trends for the coming days. The EURUSD has met with the strong resistance at the level of 1.3085, which coincides with the 200 day moving average, that is currently doing dynamic resistance on this pair. In yesterday’s session, there […]
11 Apr 2013 @ 10:34
For now, we expect from the AUDUSD, to develop a lower high pattern, because this pair is overbought and a consolidation at current levels it is possible, but we must be very careful with the fundamental’s news in Australia for today’s session. The AUDUSD broke a strong resistance level at 1.0486, with a long bullish […]
10 Apr 2013 @ 10:05
In the yesterday session, the GBPUSD was moving in ranging, showing an unclear trend in the short term for this pair. The GBPUSD is facing with a resistance level at 1.5369. The cable is currently developing a lower high pattern, which, if it does a breakout at the resistance level in 1.5369, the cable can […]
09 Apr 2013 @ 10:05
The EURUSD had a week very bullish, which, provided many opportunities for traders to place buy orders in this pair though, we must be careful with this sudden “change of trend” because it could be a “false positive” . The EURUSD has started this week, moving in range and currently, is facing a resistance level […]
09 Apr 2013 @ 10:03
The Aussie had a week with ups and downs, but the last week closed with the domination of the bears against the bulls. ¿Will the bears continuing to maintain control over the AUDUSD for this week? The AUDUSD found support at the 200 day moving average, causing there a bullish rebound, which is leading to […]
08 Apr 2013 @ 12:50
EURUSD Primary trend: Bearish Although the EURUSD went upwards recently, the major bearish bias remains unchanged, and for it to be rendered invalid (for it is being threatened), the price would need to trend further upwards for at least, a few trading days. Even, should the price touch the resistance level at 1.3000, it is […]
08 Apr 2013 @ 10:20
The GBPUSD made significant resistance breakouts last week, which led to this pair to take a very bullish way. The cable is developing a lower high pattern in this graph, after having made a breakout of resistance at 1.5307. It is very possible that the GBPUSD rises to 1.5416 resistance, but we must be careful […]
08 Apr 2013 @ 10:10
The NZDUSD was very bullish the last week, breaking important resistance’s levels but we must pay attention to this currency pair, because the kiwi is showing some overbought conditions. The NZDUSD is forming a lower high pattern on the daily chart. Currently, is near at the resistance on the upside in 0.8437, that in case […]
07 Apr 2013 @ 05:02
GBPCHF: SELL The outlook on the GBPCHF cross was bullish until recently. In most part of February 2013, the price trended upwards, but it is noteworthy that it could not trend higher than the resistance level at 1.4473 (which means that further bullish run was rejected at that level). After this incident, the next bullish […]
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