You are here:Home-Forex Trading Signals

EURAUD Technical Analysis (Daily Chart) on 9th March 2017

EURAUD – On the daily time frame this pair may have found a medium term bottom at the 1.36223 level. You can see that the pair have been in a downtrend pennant since early 2016. We are in a clear downtrend for this pair over the longer term and we are not out of that yet.

By | 2017-03-12T14:41:44+00:00 March 9th, 2017|Categories: Forex Cross Pairs|Tags: |0 Comments

Gold Technical Analysis (Daily Chart) on 3rd February 2017

Gold / XAUUSD – On the daily time frame this precious metal has broken below the uptrend channel and looks heavy at the moment. The next downside target and support level can be seen at 1226.44 and below that 1216.59. 1244 is first topside resistance. If price moves back up and into the channel, it nullifies

By | 2017-03-12T14:56:59+00:00 March 3rd, 2017|Categories: Forex Trading Signals|Tags: , |0 Comments

Gold Technical Analysis (Daily Chart) on 2nd February 2017

Gold / XAUUSD – On the daily time frame this precious metal is currently within an uptrend channel. Yesterday's price action saw it testing the bottom of the channel and a quick rebound ensued as buyers came in at the 1236.63 level. Below that and we have price closing below the channel and the 15 ema. If

By | 2017-03-12T14:58:12+00:00 March 2nd, 2017|Categories: Forex Trading Signals|Tags: , |0 Comments

US Dollar Index (DXY) Daily Chart Analysis on 29th October 2016

US Dollar Index – The greenback has been on a bullish tear and in an uptrend since gaining momentum on the 11th of October. The bullish momentum continue to pick up and resistance levels continued to be broken. The price closed at 98.35 this week, probably due to profit taking. Can we expect higher prices from

By | 2017-03-12T15:00:11+00:00 October 29th, 2016|Categories: Forex Trading Signals, US Dollar|Tags: , , , |2 Comments

AUDUSD Technical Analysis (Daily Chart) on 25th October 2016

AUDUSD – On the daily time frame the Aussie dollar is seen consolidating after an attempt to break higher. The 07720 price level is a strong level that have held its ground so far. We need to see price close decisively above that level and the 0.775 level before we can say that there is

By | 2017-03-12T15:01:02+00:00 October 25th, 2016|Categories: AUD/USD, Forex Trading Signals|Tags: , , |0 Comments

Gold Technical Analysis (Daily Chart) on 25th October 2016

Gold / XAUUSD – On the daily time frame this precious metal is currently retracing from $1250 lows. The fall from above the $1300 zone have made many gold bulls afraid to enter at these levels. The downtrend line which is acting as resistance at the area above the $1300 zone has proven itself to be

By | 2017-01-01T13:00:51+00:00 October 25th, 2016|Categories: Forex Trading Signals, Oil, Gold and Silver|Tags: , |0 Comments

USDJPY Technical Analysis (Daily Chart) on 13th October 2016 – Up Cycle Ending Soon?

USDJPY – The US Dollar is gaining ground against the Japanese Yen. All looks happy and dandy for the USDJPY bulls at the moment. Every day is a Sunday and they can smell the flowers while trading on their desk. But how long can this elevated move in the USDJPY sustain itself? If you look at

By | 2017-01-01T13:00:52+00:00 October 13th, 2016|Categories: Forex Trading Signals, USD/JPY|Tags: , |0 Comments

GBPSGD Technical Analysis (Monthly Chart) on 8th October 2016

GBPSGD – The UK pound is being sold off like nobody's business. The Brexit story is now playing out and the UK pound is not the favorite currency of traders as you can see on the chart above. Anyway, the above chart is the monthly chart. You might be wondering, who looks at the monthly chart

By | 2017-01-01T13:00:52+00:00 October 8th, 2016|Categories: Forex Trading Signals|Tags: |0 Comments

US Dollar Index (DXY) Daily Chart Analysis on 5th October 2016

US Dollar Index - We are seeing the greenback being supported between 94.00 to 95.50 level and is maintaining its course above the channel base of the pitchfork. A test of R1 resistance at 96.45 was seen today. We need a break above the R1 level for the greenback to continue on its uptrend and

By | 2017-01-01T13:00:52+00:00 October 5th, 2016|Categories: US Dollar|Tags: , |0 Comments

SGDMYR Technical Analysis (Weekly Chart) on 29th September 2016

SGDMYR - If you are someone who goes to Malaysia regularly and holidays in Malaysia, you might like what I am showing you here, its the chart of the Singapore Dollar against the Malaysian Ringgit. Now what is the chart (weekly chart) telling us? There are a few things worth taking note of on this

By | 2017-01-01T13:00:56+00:00 September 29th, 2016|Categories: SGD/MYR|Tags: |0 Comments
X

Forgot Password?

Join Us

Password Reset
Please enter your e-mail address. You will receive a new password via e-mail.