Technical Analysis

0.0 00 Gold has been written about by virtually every news and reporting agency.   It has dropped in one month from 1250 to around the present of 1161.   The trend was a classic bearish …

0.0 00 We are excitedly waiting for the economic strategy from England today. As our chief analyst reported in the video segment: On the daily chart the Pound is showing on a continuing downward trend: On …

0.0 00 Gold (1156.32) The yellow metal has once again failed to bounce higher. We have met stiff resistance just below a cluster zone at 1178.85 to 1180.85. As you can see on the above daily …

0.0 00 We know that the Asian Markets and US Markets are up — traders can follow our Video Analysis from our chief analyst David frank from this morning. How will the AUD/JPY carry in this …

0.0 00 USD/JPY (¥114.310) The dollar/yen has pulled back after running out of steam neat ¥115.50. See the above daily MT 4 chart. We are now seeing the formation of a bearish engulfing candlestick just below …

0.0 00 Gold is currently trading at 1171.91 is down from the weekend close.   If we look at the daily trend here: We see in the daily the metal peaked at the beginning of October …

0.0 00 AUD/USD (0.8670) The AUD/USD is entering a key trading day. Here is what is going on, refer to the above daily MT 4 chart for now. We have a bullish engulfing candlestick which has …

0.0 00 USD/CAD — End trading was at: 1.13265 and the minute chart show that on the last day of trading (Friday) the popular currency pair was hovering with support and resistance at 1.13200 and 1.13375 …

0.0 00 Gold (1143.80) The yellow metal has pushed lower, near 10 year lows, after forming an Evening Star candlestick, which is a bearish reversal signal. Please see the above daily MT 4 chart. Sellers are …

0.0 00 GBP/CAD – 1.809 The pound is currently trading at 1.809, with resistance as low as 1.8095 and support on high as 1.81025.  It is currently trading at the bottom of the bollinger bands and …