The Wild Card weekly Daily Updates Archive

The Wild Card Daily Updates - May 09, 2008

GBP/JPY

There is a very interesting flat channel forming on the 4 hour chart as the pair now made its first validated breach. The break should resolve in a very sharp bearish corrective move with high momentum. Forex traders have a great opportunity to join the bearish trend at a very early stage.

The Wild Card Daily Updates - May 08, 2008

`Crude Oil

After breaking every possible resistance level, and setting all time highs on a daily basis, Oil is now traded around 124.00. The momentum is more bullish than ever, and it appears that the bonanza will continue, possible to the 126.00 level on this move. Forex traders have a great opportunity to dive into a very healthy up trend with great profit potential.

The Wild Card Daily Updates - May 07, 2008

Crude Oil

A very important key level has been breached, and Oil is now floating at an all time high level of around 122.00. The momentum is more bullish than ever, and it appears that there is much more room to run at the local level. Forex traders should try and utilize the momentum created by that violent breach and go long.