Forex Analysis
Felipe Erazo
2013-05-20 06:00:49 UTC+00 1 hour, 35 min. ago
Daily chart: On Friday, the loonie had a very bullish session, climbing over 100 pips, closing the weekly price near the 1.0281 resistance level. Because of this large rise, this pair may do a consolidation during the first days of the week to form a lower high pattern to continue rising, but we must be careful with the resistance at the 1.0281 level, because that resistance is very strong, along with resistance at the 1.0321 level and possibly in that resistance, this pair could do a bearish rebound to fall to the support at the 1.0199 level. If the loonie manages to break the 1.0321 level, it is very possible that this pair rise to the 1.0411 level in the medium term. The MACD indicator is in the positive territory.
Arief Makmur
2013-05-20 05:53:06 UTC+00 1 hour, 42 min. ago
Buy stop (pending order) at 132.01. Stop loss at 131.91. Take profit at 132.15.
Azeez Mustapha
2013-05-20 05:50:56 UTC+00 1 hour, 44 min. ago
There were significant movements in the markets recently. The greenback is particularly strong at the moment, and it should be able to maintain that strength.
Ahsan Aslam
2013-05-17 15:37:17 UTC+00 2 days, 15 hours, 58 min. ago
GBP/JPY is in range-trade. The rate is undermined by euro sales from Japan exporters.
Ahsan Aslam
2013-05-17 15:36:11 UTC+00 2 days, 15 hours, 59 min. ago
USD/JPY is in range-trade. The rate is supported by renewed speculation that U.S. Federal Reserve might wind down its quantitative easing measures.
Ahsan Aslam
2013-05-17 15:34:32 UTC+00 2 days, 16 hours, 1 min. ago
USD/CHF is in range-trade. The rate is undermined by soft U.S. economic data; franc demand on retreating EUR/CHF cross.
Torben Melsted
2013-05-17 14:35:45 UTC+00 2 days, 17 hours ago
There was no time for red wave ii to develop into a deeper correction and the break above the top of red wave i indicated, that red wave iii was developing.
Ahsan Aslam
2013-05-17 14:25:11 UTC+00 2 days, 17 hours, 10 min. ago
NZD/USD is consolidating with bearish bias after hitting near-six-month low of 0.8137 on Thursday.
Hossam Soliman Ali
2013-05-17 14:23:33 UTC+00 2 days, 17 hours, 12 min. ago
From the today's H4 chart, the metal is still trading above the Support level 22.00 and below the Resistance level 23.00 after it bounced from the Support level 22.00 yesterday.
Torben Melsted
2013-05-17 14:22:36 UTC+00 2 days, 17 hours, 13 min. ago
We are still looking for the final wave higher towards the ideal target near 134.47.
Gerardo Porras Palomino
2013-05-17 14:17:27 UTC+00 2 days, 17 hours, 18 min. ago
The EUR/USD pair continues its downward move.
Gerardo Porras Palomino
2013-05-17 14:12:41 UTC+00 2 days, 17 hours, 23 min. ago
Being sustained above the daily fractal 1.5210, this morning the pound sterling has reversed to test the strength of the support.
Gerardo Porras Palomino
2013-05-17 14:08:44 UTC+00 2 days, 17 hours, 27 min. ago
The Australian dollar influenced by interest rate cut from the RBA.
Hossam Soliman Ali
2013-05-17 13:40:52 UTC+00 2 days, 17 hours, 55 min. ago
The pair is still trying to break the Support level 155.80 since yesterday and trading below the downward trendline, as shown on the today's H4 chart.
Harsh Japee
2013-05-17 12:45:56 UTC+00 2 days, 18 hours, 49 min. ago
Technical analysis and trading recommendations for silver
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