Articles
- May 18, 2012EUR Avoids New 4-Month Low
GBP/NZD: The daily chart’s Relative Strength Index is currently in overbought territory, indicating that downward movement could occur in the near future. Additionally, a bearish cross has formed on the same chart’s Slow Stochastic. Forex traders may want to go short in their positions before market … read more - May 17, 2012Higher Yielding Currencies Maintain Bearish Trend
AUD/CAD: The Williams Percent Range on the daily chart is currently in oversold territory, indicating that upward movement could occur in the near future. Additionally, a bullish cross on the same chart’s Slow Stochastic has formed. This may be a good time for forex traders to open long positions ah … read more - May 16, 2012Greek Political Impasse Leads to Euro Losses
Crude Oil: After steadily dropping over the last several weeks, technical indicators are now showing that crude oil is in oversold territory and could see an upward correction. A bullish cross has formed on the daily chart’s Slow Stochastic, while the Relative Strength Index has dropped below 30. Fo … read more - May 15, 2012EUR/USD Hits 4-Month Low
USD/ZAR: The daily chart’s Slow Stochastic has formed a bearish cross, indicating that this pair could see downward movement in the near future. Furthermore, the Relative Strength Index on the same chart has crossed into overbought territory. Forex traders may want to open short positions ahead of a … read more - May 14, 2012Risk Aversion Continues to Weigh on Higher-Yielding Currencies
USD/NOK: A bearish cross on the daily chart’s Slow Stochastic indicates that this pair could see downward movement in the near future. Furthermore, the Williams Percent Range on the same chart is in overbought territory. This may be a good time for forex traders to open short positions ahead of a po … read more
