USD/JPY Forecast - January 20 2014
Monday, 20 January 2014, 10:19
Last update: about 14 years ago
Malta Independent
The discussed triangle pattern in USD/JPY was resolved to the downside and we saw a drop down to 103.86 this morning. Since then we see a 30 pip recovery back above 104.10....
EUR/USD Forecast - January 20 2014
Monday, 20 January 2014, 09:11
Last update: about 14 years ago
Malta Independent
We saw our bearish outlook confirmed last Friday, especially during the North American session (“From a technical perspective there is no need to alter our bearish outlook – as long as EUR/USD is not...
GOLD Forecast - January 20 - 24 2014
Friday, 17 January 2014, 15:07
Last update: about 14 years ago
Malta Independent
Gold has been on a downward trajectory since hitting a high for 2012 at $1’796/ ounce. The precious metal has formed a downward trend line and tested a three and a half year low this month....
GOLD Forecast - January 17 2014
Friday, 17 January 2014, 12:02
Last update: about 14 years ago
Malta Independent
On Thursday we wrote that the price of gold is on the verge of establishing a bearish wedge reversal pattern....
AUD/USD Forecast - January 17 2014
Friday, 17 January 2014, 10:40
Last update: about 14 years ago
Malta Independent
The forecasted recovery in the AUD/USD did not reach the 0.8850 target as the pair already failed at horizontal resistance in the 0.8830 area and we are trading now back down at 0.88. This confirms...
USD/JPY Forecast - January 17 2014
Friday, 17 January 2014, 10:15
Last update: about 14 years ago
Malta Independent
USD/JPY saw the forecasted drop yesterday (“We expect some profit taking here after the recent rally. Expect a setback towards 104.20:50”) – the low of the setback was 104.15....
EUR/USD Forecast - January 17 2014
Friday, 17 January 2014, 10:00
Last update: about 14 years ago
Malta Independent
The drop from 1.3650 to 1.3583 in the North American session on Thursday confirmed our negative forecast from the morning (“…the dominating chart structures are bearish in nature. Sooner or later we...
Greenback remains strong, set for largest week gain in two months
Friday, 17 January 2014, 09:14
Last update: about 14 years ago
Malta Independent
The dollar clawed higher on Friday, and looked set for its largest weekly gain in two month as forex investors bet that upcoming US data will reinforce the Federal Reserve’s view on more tapering....
GOLD Forecast - January 16 2014
Thursday, 16 January 2014, 11:47
Last update: about 14 years ago
Malta Independent
Looking at the eight-hour chart in gold, we see a potential reversal structure shown by the bearish wedge pattern....