Posts Tagged ‘Bullish’
Source: ForexYard
The US dollar had a particularly strong day today following negative news out of both Japan and the euro-zone. News that Japan has logged in a trade deficit for the first time since 1980 caused the USD/JPY pair to jump more than 100 pips throughout the day. Meanwhile, fresh concerns regarding Greece’s [...]
Here’s something to think about: How come you never see a headline like ‘Psychic Wins Lottery’? ~ Jay Leno Good morning. Euro recovered some ground after sliding to as low as $1.2945 two days ago, but the move is likely corrective and there’s more room for it to move higher. USD Index As seen below [...]
Mining Companies Driving Bullish Sentiment in Australia
by Justin Dove, Investment U Research
Thursday, September 15, 2011
As precious metal and rare earth prices remain high, so do the margins for mining companies. Thus, companies such as BHP Billiton (NYSE: BHP) and Lynas Corp. (OTC: LYSCF.PK) stand to spend plenty on increasing mining production.
Australia is a huge benefactor [...]
The EUR/USD has been forming a nice bullish flag over the past couple of months (since its highs back in May 2011 around 1.4900). While it didn’t quite “pop” through resistance at 1.5000 (a nice round number and an old peaking friend back in December 2009), it may indeed revisit in the medium term according [...]
U.S. trade gap narrowed in April, and many will see that as a bullish sign
By Elliott Wave International
“The Dow rose nearly 1 percent Thursday… Investors were encouraged by a report that [...]
Maybe I’ve had kiwi on the brain.
I have been talking about why I’ve been so bullish and I never like it when I’m only focused on one side of the trade.
So here’s a breakdown about where the NZD/USD could find some selling pressure after what’s been a strong move higher from 0.7900 to now just [...]
A lot of issues have made some great moves yesterday. Don’t fret, though, if you missed yesterday’s ride since the one of Ayala Corporation or AC in the Philippine Stock Exchange will be coming to town soon.
As you can see from the chart above, AC looks to be very much positioned [...]
Price action on AUD/USD (a 4-hour chart of which is shown) as of Wednesday (4/13/2011) has tentatively resumed its bullish trend bias after pulling back to the 1.0400 price region, which is around the 61.8% Fibonacci retracement of the last major bullish trend run (from the recent 1.0287 low to the 1.0579 record high). This [...]
Price action on USD/JPY (a daily chart of which is shown) as of Tuesday (4/05/2011) has risen above the key 84.50 price region once again after a slight pullback on Monday. This occurs within the context of more than two weeks of bullishness that followed on the heels of hitting a new all-time low around [...]
Price action on EUR/CHF (a daily chart of which is shown) as of Tuesday (3/29/2011) has been making a bullish correction rally after approaching a re-test of the all-time low just above 1.2400 around a week and a half ago. This occurs within the context of a long-term downtrend that has been in place since [...]
