Dollar to be at the Forefront of Forex Trading Today
October 30, 2009 by ForexYard
Filed under Daily Forex Analysis
Gold:
Gold prices rose significantly yesterday and peaked at $1049 an ounce. And now, all oscillators on the hourly chart are giving bearish signals, indicating that Gold prices might go down. This might give forex traders a great opportunity to enter a very popular trend.
U.S. Advanced GDP Report at Forefront of Forex Trading Today
October 29, 2009 by ForexYard
Filed under Daily Forex Analysis
Crude Oil:
Yesterday’s bearish movement in Crude Oil has pushed a number of technical indicators into the over-sold territory. There appear to be fresh bullish crosses on the hourly MACD and 4-hour Slow Stochastic, indicating an impending bullish move. And the price has just left the over-sold territory on the hourly RSI and is now cascading upward. Forex traders involved with commodities like this can take advantage of this knowledge by going long on Crude Oil now, and at a great entry price!
USD Continues to Gain on Return to Risk Aversion
October 28, 2009 by ForexYard
Filed under Daily Forex Analysis
AUD/USD:
There appears to be a fresh bullish cross on the 1 hour chart’s Slow Stochastic for this pair, signaling an upward movement may be in the making. With its sustained downward movement over the past days, this pair is overdue for a rebound. With fresh bullish crosses on the MACD for the hourly, 4-hour charts, this rebound may indeed be developing. Forex traders can definitely take advantage of this swing by buying this pair now, and at a great entry price
CB Consumer Confidence Figures Set to Dominate USD Trading
October 27, 2009 by ForexYard
Filed under Daily Forex Analysis
Oil :
Oil prices are once again dropping, and a barrel of Oil is currently traded at around the 78.80 price level. And now the RSI on the 30 min chart broke above a bearish trend line indicating that oil prices might go up. This might give forex traders a great opportunity to enter a very popular trend.
The EUR/USD Trades Past $1.50 First Time in 14 Months
October 26, 2009 by ForexYard
Filed under Daily Forex Analysis
Gold:
Gold prices are once again dropping, and it is currently traded around $1054 per ounce. And now, the hourly chart’s Slow Stochastic is giving bullish signals, indicating that gold prices might go up. This might give forex traders a great opportunity to enter a very popular trend.
