Price moves the path of least resistance so our Happy New Year gap-up rally has run into a wall. Which is so like what at least two other indices i.e. FTSE 100 and Dax are doing. RELATED ARTICLES FTSE fails 2-month high; could signal bull trap Follow
Read more →This is very similar to the USDSGD chart posted earlier. Will be a medium to long term theme. A decisive move out of the triangle will determine the new trend RELATED ARTICLES USDSGD Bullish Reversal Follow Soh Tiong Hum on Twitter @sohtionghum
Read more →CADJPY is a pair that I hardly trade. But I will always switch to any pairs and look at their day/week/month price level. There will be times that I will spot one pair with such a nice Support/resistance level that it is almost non questionable. Most often,
Read more →GBPCHF Week 42 2011 –Bulls crash and burn at 2010 low In the previous week’s posting GBPCHF Week 41 2011 – ‘Bulls wonder if 2010 low is overcome‘ the bulls were eagerly anticipating to conquer the 2010 Low of 1.4375. This wasn’t mean to be – the
Read more →Massive liquidation occurs in gold last week (19-23 Sep). Within a week, it covered $198 per ounce (1826-1628) and closed at 1640. It broke double top neckline at 1702 (3rd week of Aug low), covered the gap occurred on Aug 8th and finally found support at July
Read more →We had an up and down week for AUDJPY in week 27. Coming to week 28, what are the levels to look out for? Lets take a look at the H4 chart. AUDJPY H4 Mapped out 2 resistance zones in pink and blue. Pink zone – June
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 →GBPJPY week 27 – Another bearish month ended, will July be different for GBPJPY? Recap week 26- In week 26 analysis, it was mentioned that old trendline might provide support and we might see bulls coming in picture early in week which will give us retracement to
Read more →Sentiment for AUDUSD, EURUSD, USDJPY, and GBPJPY AUDUSD Daily chart uptrend based on the 200-day moving average A falling wedge has appeared over the last months and at once also validated by the bullish breakout in the last 3 trading days of Week 26 4 hour chart
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 (20-24 June), Gold made an attempt to break 1549-1553 resistance, but it failed. Instead it went south and supported in the region of 1500 level. It closed the week at 1502. From daily chart perspective, it can be seen that gold has broke the down
Read more →Overview of AUDUSD week 25: Sentiment had been bearish since week 23. Price has been in a downwards channel and fell about 250 pips since previous week. Expectation for week 26: Wait to see price reaction when channel meets May Low 1.0440 or week 25 Low 1.0454.
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 →EURCHF – 12th June 2011, WK23 Overall Analysis Looking at the Day charts for this recent past week, we see this pair bouncing up and down, trading in the range between the “Green” and “Pink” zones of resistance. With the equidistant channel still intact and in line
Read more →