Gold – Technical Analysis (11.12.2014)
Gold’s rally is absolutely intact, and we expect the precious metal to hit fresh highs, at least in the short-term. Next target to the upside is the $1255 resistance. Initial support is offered by $1121. More...
USD/JPY – Technical Analysis (08.12.2014)
The USD/JPY’s impressive rally took the pair to 121.44 yesterday. At some point we expect a sharp correction, but until we see indications of a counter-trend movement, we remain positive. Next target for More...
Gold – Technical Analysis (05.12.2014)
The $1182.50-$1191.75 area is expected to provide reliable support for gold. The precious metal will continue its rally, with next target the $1240 resistance. More...
Silver sends a reversal signal to those who can read it!
Yesterday could have been a normal day for many, but not for precious metals traders. Silver’s breathtaking rally caught many by surprise and sent the former to as high as $16.79 from a session low of $14.12! More...
USD/JPY – Technical Analysis (12.11.2014)
The USD/JPY brutal rally is absolutely intact. Next target on the upside is 116.50, followed by the 118.15 resistance. Immediate support is offered by 115.50. More...
USD/JPY – Technical Analysis (10.11.2014)
The bearish engulfing pattern, which occurred on a daily frame on Friday, signals that the USD/JPY is set for a pullback after its impressive rally in the last 10 days. It should be noted, however, that any pullback More...
USD/JPY – Technical Analysis (10.10.2014)
Although the longer term perspective for the USD/JPY remains positive, currently we are seeing some profit taking in the forex pair. The short-term outlook is negative below the 109.20 resistance, targeting 107.38. More...
Technical signals pile up in favor of a USD/CHF correction
RSI divergence from trend combined with a bearish engulfing pattern suggest that, although the rally in USD/CHF has still more way to go on the upside, the pair is currently ripe for a correction. Recent broad More...
