- Thursday, March 29, 2012, 12:45
- Commodity, Expert Comment, Metals
- 137 views
Gold fell sharply for the second time and managed to touch the 50% Fibonacci retracement level and closed right near support level 1664.40. Analysis of gold today is expected to further bearish move, in the range 1643.45 - 1679.00. This negative sentiment came after two days and failed to penetrate the MA120 and MA24. Based on ...
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- Wednesday, March 21, 2012, 7:14
- Expert Comment, Index
- 80 views
Nikkei Futures is expected to move in the bearish channel, but still has a potential rebound. Nikkei Futures had test the 9975 low in the electronic session and closed at 10 025. Rebound potential of the Nikkei will test the resistance level of 10070/90 and if unable to exceed this then the Nikkei could go bearish ...
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- Wednesday, March 14, 2012, 6:18
- Expert Comment, Index
- 50 views
Hang Seng Index futures is expected to open a gap over the area of 21 450 and will move in sideways within a range 21270-21574. Sideways movement is possible because the Stochastic and RSI indicators are deadcross but will return bullish for the gap.
KOSPI Index futures is ...
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- Tuesday, March 13, 2012, 6:43
- Expert Comment, Index
- 75 views
Nikkei index futures had consolidate or sideways at the 23% Fibonacci retracement levels on the electronic trading session. Analysis of the KOSPI index futures expected to open Gap up in the area 9880-9900 and then make a correction or retracement. Nikkei index futures correction yesterday has reached 23% Fibonacci level drawn from the 9415 lows to ...
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- Tuesday, March 13, 2012, 1:40
- Conditional Trades, Forex
- 68 views
EURUSD is trying to rebound from the U.S. session lows at 1.3101 to the 1.3156. However, EURUSD should face resistance at 1.3166/76 MA120 and MA200 at 1.3213. Based on H1 chart, the RSI and stochastic indicators could potentially turn into bearish again. Consider SELL at 1.3160 with stop at 1.3190 level and the target at 1.3110. ...
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- Tuesday, March 13, 2012, 0:13
- Conditional Trades, Forex
- 43 views
AUDUSD continues to fall after the break support at 1.0556. RSI and stochastic indicators are bearish potential showed that the nearest target in the AUDUSD has 1.0450 as next support. The closest resistance is seen at 1.0527. Consider SELL at 1.0510 with stop at 1.0540 and the target at 1.0450. (ARS)
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- Friday, March 2, 2012, 12:03
- Commodity, Expert Comment, Metals
- 123 views
Gold rebounded on Thursday and managed to close at 1718.50 level. Gold need to go back to neutral like before the price fall on Wednesday to the half real body candle, although still strong pressure to switch safe-haven assets. The gold is expected to continue go back above the Tenkan Sen and MA24 which coincide at 1739.33 but 23% Fibo resistance at 1726.45 as the ...
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- Monday, February 27, 2012, 12:23
- Commodity, Expert Comment, Metals
- 110 views
Gold experienced the first decline since the rally four days ago. Formation lower high and lower low appeared after a short day the previous day. Today, gold is expected to remain bullish support by safe haven appetite and in stochastic technical indicators. Bullish opportunity have to pass several resistances, which are the highest level at 1782.65 yesterday and the day before 1787.15. But the emergence ...
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- Friday, February 24, 2012, 11:38
- Commodity, Expert Comment, Metals
- 95 views
Gold had performed a short day candle pattern after 2 long white days as signs of weakening trend. Formation of higher high and higher low was only formed during the six trading days. Analysis of gold estimated the price today is still surrounding by bullish sentiment. Based on technical indicators, an indication of the trend is still mixed as RSI still indicate a bearish divergence ...
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- Wednesday, February 22, 2012, 10:10
- Commodity, Expert Comment, Metals
- 66 views
Gold continued to rally yesterday and formed Marubozo candle pattern. The price of gold closed at 1758.75, overshoots 1756.20 resistance up to the highest level at 1759.80. Analysis of gold for today is expected to remain bullish supported by the stochastic break the highest level on February 3, 2012 at 1763.15 to 1778.30 next resistance. A correction moves below 1756.20 into 1742.75 is possible. Alert ...
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