Gold close the 5th week of 2012 in negative territory at 1725 but it is still closed higher than the weekly low. It continued its ascent from Dec’11 low and the rally appears to face resistance at Nov’11 high at 1762. It rose to 1763 before sell
Read more →The EURUSD changed from a bearish head and shoulders setup into a flag-like bullish one. Earlier this week, we saw a head and shoulders setup and looks good for a continuation short in the 4-hour chart. It broke the neckline but was faded quickly. Since then, price
Read more →Only registerd users (ie TerraSeeds TflowÃ��Ã�® graduates) can view this post. Graduates please log in with your UID and password that you use for Forum. Find out how you can be part of our privileged trading community. Email forex@terraseeds.com
Read more →EURUSD bulls are seeing little light as these two charts show how its decline is accelerating. First week in the new year, the pair has lost the gains made against the US dollar in 2011. 9 months of breathless non-stop decline in terms of lower monthly highs
Read more →GBPUSD is clearly downtrend but unlike neighbor the EURUSD, is likely to be bound in a 7-week range. Until the support is breached, makes more sense to maintain range strategy. In a trend, that 7-week channel also serves clearly as a continuation pattern. Follow Soh Tiong Hum
Read more →We have been very clear since the past few weeks that the trend of EURUSD is down. In addition, we said that October low is a critical milestone for Bears and it must be tested. Now that it has come to pass, the direction is clearer than
Read more →For trend-following bears who expect some sort of climax to the crisis threatening the Euro, the month of November as well as Week 48 turned out to be a cliffhanger. Daily Chart The chart shows us that the EURUSD has been declining since May this year. The
Read more →Gold moved down for the 2nd week in a row. Bear managed to bring it down below 1700 and closed at 1680 after making a new low for November at 1666. 1666 is the current support level as price is ranging or consolidating around this region and
Read more →The EURUSD has moved South for 4 weeks in a row. Based on action in Week 47, downward pace has picked up based on the extent of movement away from Week 46 low. 4-hourly chart Bears had a relatively good time last week as there is little
Read more →Only registerd users (ie TerraSeeds TflowÃ��Ã�® graduates) can view this post. Graduates please log in with your UID and password that you use for Forum. Find out how you can be part of our privileged trading community. Email forex@terraseeds.com
Read more →Only registerd users (ie TerraSeeds TflowÃ��Ã�® graduates) can view this post. Graduates please log in with your UID and password that you use for Forum. Find out how you can be part of our privileged trading community. Email forex@terraseeds.com
Read more →Last week (week of 14 Nov), gold closed lower than the previous week (week of 7 Nov). It opened the week at 1795, hit low of 1710, and it closed at 1723. This confirms the resistance at 1800 and it forms lower high and lower low compared
Read more →AUDUSD Analysis Week 46 By Ko Siew Huey The AUDUSD weakened for the second straight week, touching the upper trendline of the downward equidistant channel on the day chart (which also corresponds to strong support and 50% Fib retracement levels) to reach the low of 1.0051 before
Read more →Hey everybody! In case some of you are wondering why there wasn’t a NZDJPY post last week, I was on a short hiatus due to the INTENSE exams period right now in NUS. So sorry for that guys. Alright, lets start with our NZDJPY Week 46 analysis!
Read more →
