Gold bulls were raging last week, induced by Fed’s extension on the period of ultra-low interest rate. Gold broke the resistance at 1666 (Nov’11 Low) and long term trend line. At the same time, it made impressive $91 move with a week, and closed the 4th week
Read more →From this chart, support for USDJPY can be visualized differently but there is one clear resistance. The nearer we go to the apex, the higher there is a chance for a technical movement that could resolve into a trend continuation or a bullish breakout. Usually a downward
Read more →Gold moved higher in the 2nd week of Jan and it closed at 1639. Week over week, it made a series of higher high and higher low with retracement to the previous week high. The potential inverted head and shoulders described in 1st week of Jan analysis
Read more →As if great amounts of QE or quantitative easing (referred by some circles as money printing) was not enough, the market may reveal more of its perverse nature – that Happy New Year gap up rally is looking increasingly like a bull trap. As and when 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
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Read more →AUDUSD Week 43 By Ko Siew Huey The AUDUSD has stubbornly camped around a tight zone for the past week and a half. On the last day of week 42, price broke through the upper trendline of the downward equidistant channel and entered into a critical zone
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Only registerd users (ie TerraSeeds Tflow���® 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
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Only registerd users (ie TerraSeeds Tflow���® 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
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Only registerd users (ie TerraSeeds Tflow���® 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
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Only registerd users (ie TerraSeeds Tflow���® 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 →Overview Price is currently resisted at the monthly pivot with its closing value modelling the opening one @1.4400. Although price closed lower, Euro dollar actually formed a new top virtually matching that of July’s high. Expectation for Week 31 It’s the first time in three months since
Read more →Overview Having broken out from a negative equidistant channel, Euro dollar became evidently bullish upon opening. Price soar through previous week’s high only to be resisted at the monthly pivot and week 25 high @1.4440. Expectation for Week 30 Week by week, Euro concluded with a higher
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