0.0 00 Silver is mirroring Gold at the present time. We see it reaching new depths not seen since before 2010. For traders this is another lifetime! It we look at the weekly chart below we …
Read More »EUR/CHF — New Bottoms expected on the Euro and great profits emerge for you
0.0 00 EUR/CHF – 1.20313 The EUR/CHF Currency pair is continuing in a bearish path. Looking at the hourly chart below we see the bearish pattern continuing from October. There are slight waves of recovery but …
Read More »NZD/CHF — Take advantage of swings to boost your profit and diversify your account
0.0 00 The NZD/CHF (0.7444) is not in the top ten currency pairs to analyze and trade. It is not as political as the USD or the EUR. But, as an investor you want to …
Read More »Gold Prices Hit a Level Not Seen Since 2010
0.0 00 Gold (1144.86) The yellow metal has been falling through supports ever since a bearish evening star candlestick appeared below the resistance at 1255.10. This is a technical level supported by the 55 day moving …
Read More »USD/CAD — UPDATE: Trend pattern is reversing – great opportunity for traders!
0.0 00 As quoted in an earlier post, by David Frank, the USD/CAD was showing a clear bullish pattern and increasing steam forward. Now, looking at the hourly chart below, we see a peak emerging: …
Read More »The USD/CAD Blows Past 1.1220
0.0 00 USD/CAD (1.1283) The Loonie has blown back above the technical level at 1.1220 after forming a clear bullish reversal sign called a bullish engulfing candlestick. Please refer to the above daily MT 4 chart. …
Read More »The Yen Implodes After Surprise Easing
0.0 00 The Bank of Japan (BOJ) released its Monetary Base Target for 2014 back on October 31. Today they are expanding this target. In other words they are increasing the annual Japanese Government Bond (JGB) …
Read More »CAD/JPY — Don’t be fooled by the sudden change, all good things can come to an end
0.0 00 CAD/JPY (99.55) — Trading in a very bullish position, and looking at the minute chart you would be inclined to believe it will continue very fast climbing. Look at the climb — from 97.75 …
Read More »Gold Nears its Monthly Low
0.0 00 Gold (1255.10) The bottom has fallen out of the yellow metal and we are approaching its monthly low. Gold has pushed significantly lower after forming a bearish evening star last week. Please refer to …
Read More »Gold Hits a Three Week Low
0.0 00 Gold (1201.63) Well, the bottom fell out of the yellow metal and we are trading at a three week low. We turned lower as expected, then the move lower lost momentum, then all of …
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