EUR/CAD:
The 4 hour chart shows that after a few weeks of falling prices, the pair has entered a reversal, and been giving bullish signals for the past three days. This might give forex traders a great opportunity to join a very popular trend.
Gold:
Gold is in the midst of a very strong bullish move, as indicators are pointing up on the daily and the 4 hour chart. The Slow Stochastic on the 4 hour chart points towards a current bullish momentum. The daily Slow Stochastic strongly supports this notion. This might be a great opportunity for forex traders to join a very promising bullish trend.
Oil:
After a moderate bearish correction, this commodity is heading $117 per barrel again. The 4 hour chart is showing growing bullish momentum, while the daily studies also support that notion. This may prove to be a good opportunity for forex traders to join a potentially strong uptrend that might yield high profits.
Silver:
After experiencing a high volatility during the past 4 days, this commodity is probably heading down again. There is a very strong reversal cross forming on the slow Slow Stochastic of the 4 hour chart which indicates that the bearish trend might be back with full steam. This could be a great opportunity for forex traders to enter the market with a long position at a great entry price.
Gold:
After going through a moderate bullish correction, a bearish cross on the daily's Slow Stochastic suggests that Gold might be on the verge of resuming its general bearish trend. This might give forex traders an opportunity to enter the trend at a very convenient price.
Crude Oil:
The bullish move which was initiated this week seems to be galloping in full speed. And now, all oscillators are indicating the continuation of the bullish momentum. This might be a great opportunity for forex traders to join a very promising corrective trend.
EUR/AUD:
The 4 hour chart shows both the tightening of the Bollinger Bands, and also a bullish cross on the Slow Stochastic, suggesting that a strong bullish momentum should take place. This might give forex traders an excellent opportunity to enter a promising trend at a very early stage.
Wild - CAD/CHF:
There is a very distinct bearish channel forming on the 4 hour chart as the pair now moves down within the channel. The Slow Stochastic is showing quite a strong bearish cross; wile the RSI floats at the overbought territory further supporting the ongoing downtrend. It appears that the pair is heading 1.0100 and going short might be a preferable strategy for forex traders today.
Silver:
There has been a sharp breach through the flat channel on an hourly chart this commodity is now in the middle of its bearish corrective journey. All oscillators on the 4 hour chart are bearish as well, and forex traders have a good opportunity of taking advantage of this sharp technical event. Going short appears to be the right direction today.
EUR/CHF:
After a sharp bearish move that took place last weekend, the pair is showing potential for a reversal. The bullish momentum was originated at the lower border of the Bollinger Bands, meaning that there is still more room left for this trend. Forex traders might have a great opportunity to enter the trend at a very convenient entry price.
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