Posts filed under 'techincal analysis'
Gold Continues to Climb
While all the major currencies continue to provide mix results, there is still one extremely strong in the forex market – the bullish Gold. During last night gold reached over $1,163 an ounce, making another all time high. However, a recovery of the Dollar, if indeed takes place, has the potential to put an end to Gold’s uptrend.
Forex Highlights
USD – Is the Dollar Recovering?
EUR - Euro’s Bullishness Halts
JPY – Yen Strengthens on Positive Japanese Data
OIL – Oil’s Range Trading Continues; Tension in the Middle East Rises
Add comment November 23, 2009
Gold Continues to Rise, Reaches $1,129 an Ounce!
The strongest trend in the market appears to be the bullishness of gold. Gold continues to break new records on a daily basis, and with a week packed with publications from the U.S economy entering, the main question is, can gold reach higher?
Forex Highlights
USD - Dollar Continues to Weaken Following Disappointing Data
EUR – Euro Sees Mixed Results against the Majors
JPY – Japan’s Interest Rate Announcement Expected this Week
OIL – Crude Oil Drops on Weak U.S. Energy Demand
1 comment November 16, 2009
The Basics of Forex Swing Trading
The trading style solely depends on the individual agenda and preferences. One of the effective way to trade forex is swing trading. What is swing trading anyway? What is common misconception about swing trading? How can you swing trade efficiently?
Full article about forex swing trading here
Add comment October 15, 2009