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Music and the Market: Song and Stock Volatility 27 Aug 2013 | 01:36 pm
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NZD/USD To Regain Lead Soon? 24 Jul 2013 | 02:40 pm
The New Zealand dollar may recover from its recent losses against the USD. As you can see from the 1-hour chart of the NZDUSD pair, its rise was halted by a resistance at 0.8000. As a result, the pair...
Role Reversal To Cushion The Fiber? 23 Jul 2013 | 04:40 pm
The EURUSD pair has broken above its resistance at 1.3175 but has weakened since. Should this former resistance at 1.3175 turn to support then the euro may once again rise versus the USD. If the 1.317...
Near Term Rise Seen In Spot Gold 22 Jul 2013 | 03:23 pm
Spot gold prices or the XAUUSD may further rise in the near term as the pair breaks out from its downtrend line. The positive momentum from its recent breakout may further push higher. Still, some sel...
Rectangle Play On The Loonie 19 Jul 2013 | 10:28 am
A rectangle pattern can be spotted on the 1-hour chart of the USDCAD pair. Notice that the pair has been ranging between the 1.0360 support and the 1.0440 resistance. With the price nearing the patter...
Australian Dollar To Bounce Versus USD? 17 Jul 2013 | 03:22 pm
The Australian dollar may extend its gains against the US dollar as the AUD/USD settles at the 0.9200 marker after reaching 0.9260. As you can see from its chart above, the aussie rose versus the USD ...
Symmetrical Triangle Spotted On USDJPY 12 Jul 2013 | 05:13 am
A symmetrical triangle is spotted on the 1-hour chart of USDJPY. A breakdown from this pattern may send it down to a target of around 97.75. On the other hand, a break to the upside may send it higher...
USD To Weaken Further Vs. The EUR 11 Jul 2013 | 09:44 pm
The US dollar may weaken again against the euro if the EURUSD pair breaks our from what appears to be a falling wedge pattern that it has formed since yesterday. A breakout from this falling wedge may...
Yen To Weaken Again Versus The Kiwi 10 Jul 2013 | 06:14 am
The Japanese yen may weaken again versus the New Zealand dollar as the NZDJPY pair falls back towards its previous resistance at 79.00. An oversold condition plus the fact that the pair is drawing up ...
USD To Extend Rise Against The JPY 9 Jul 2013 | 06:36 am
The USDJPY pair may extend its uptrend as it finds support at its former resistance at 100.80. As you can see from its chart above, the pair has fallen back to 100.80 after touching a high of 101.50. ...
