Morning technical analysis – 6 March 2014March 6, 2014 by Craig Erlam in Technical analysisEURUSDThe euro is continuing to look a little weak against the dollar, although we haven’t yet had confirmation that the trend has turned more bearish. The pair found support yesterday from a number of indicators, the middle bollinger on the daily chart, the 100-period SMA on […]
Morning technical analysis – 4 March 2014March 4, 2014 by Craig Erlam in Technical analysisEURUSDThe euro is showing some weakness against the dollar despite trading higher on the day. As you can see on the 4-hour chart below, the pair has made lower highs and lower lows since gapping lower yesterday, which in itself indicates a downtrend. It has also […]
Morning technical analysis – 3 March 2014March 3, 2014 by Craig Erlam in Technical analysisEURUSDThe euro is trading higher against the dollar this morning after gapping lower over the weekend. The flight for safety has seen the dollar strengthen against most currencies over the weekend, although we have seen the euro pare some of these losses already today. The pair […]
Get Forex buy/sell signals directly to your email and by SMS. To learn more click hereThe AUD/USD finished February higher, but the week and day lower as investors braced for what should be an active trading week.Shortly after Forex markets closed on Friday, China announced that factory activity slowed to an 8-month low in February. The government survey confirmed signs […]
Morning technical analysis – 28 February 2014February 28, 2014 by Craig Erlam in Technical analysisEURUSDThe euro has looked a little more bullish over the last 24 hours, following the sell-off that saw it break below the ascending triangle on Wednesday. The only question now is whether the move in the last 24 hours is a correction of Wednesday’s move, or […]
Morning technical analysis – 27 February 2014February 27, 2014 by Craig Erlam in Technical analysisEURUSDThe euro is looking much more bearish against the dollar this morning, having broken below the ascending triangle yesterday, before briefly consolidating and breaking lower again. As mentioned previously, ascending triangles tend to be bullish but this is not always the case. Occasionally, we will get […]
Morning technical analysis – 26 February 2014February 26, 2014 by Craig Erlam in Technical analysisEURUSDThere was quite a lot of choppiness in this pair at times yesterday and yet it still never managed to break out of the ascending triangle it entered a week ago. At one point there was plenty of pressure on the bottom of the triangle but […]
Morning technical analysis – 25 February 2014February 25, 2014 by Craig Erlam in Technical analysisEURUSDWe’ve seen some consolidation in this pair over the last week or so, ever since it failed to make new highs for the year, having come within a couple of pips of the 2 January highs. This level has been tested, and held, a few times […]
GBP/USD looking bearish – technical analysisForex News | Written By Dimitry Loukashov |
Created: Feb 24, 2014 17:30 GMT; Last Modified: Feb 24, 2014 17:32 GMT
The H4 trend has a bearish direction. Note that the likely potential for the movement will continue, until the price reaches the daily rising support line. At the moment, both ParabolicSAR and the RSI(14) confirm the […]
LTC/USD Technical Analysis – 21st Feb 2014 By Ashton Fraser on February 21, 2014 in Trading Lets take a look at the M30 Litecoin chart below: First thing we’ll notice is the strong intra-day downwards white trendline that’s holding firm so far. It’s been tested five / six times, which, for a space of less than a day, […]
