Forex Analysis
| Indicators | |||||||
| Date | Time | Country | Event | Period | Previous | Forecast | Importance |
| 2008-04-23 | 01:30:000 | AUD | CPI | q/q | 0.9% | 1.1% | *** |
| 2008-04-23 | 01:30:00 | AUD | Trimmed Mean CPI | q/q | 1.0% | 1.0%% | ** |
| 2008-04-23 | 06:45:00 | EUR | French Consumer Spending | m/m | 1.2% | -0.2% | ** |
| 2008-04-23 | 07:30:00 | EUR | German Manufacturing PMI | - | 55.1 | 54.7 | ** |
| 2008-04-23 | 08:00:00 | EUR | Manufacturing PMI | - | 52.0 | 51.6 | * |
| 2008-04-23 | 08:00:00 | EUR | Italian Retail Sales | Mar | 0.2% | -0.1% | * |
| 2008-04-23 | 08:30:00 | GBP | MPC Meeting Minutes | - | 7-2hld | - | * |
| 2008-04-23 | 09:00:00 | EUR | Industrial New Orders | Apr | 2.0% | -0.3% | ** |
| 2008-04-23 | 12:30:00 | CAD | Retail Sales | Mar | 1.5% | 0.1% | *** |
| 2008-04-23 | 12:30:00 | CAD | Core Retail Sales | Apr | 1.3% | 0.4% | **** |
| 2008-04-23 | 14:30:00 | USD | Crude Oil Inventories | Apr | -2.4M | - | * |
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The Wild Card Daily Updates - Apr 10, 2008
Crude Oil
Oil is traded in a very accurate bullish channel on the 4 hour chart and is now accumulating fresh bullish momentum. The Slow Stochastic indicates rising momentum, and the RSI supports the growing bullish notion. This is a great opportunity for forex traders to enjoy a very strong technical signal and swing into the trend.The Wild Card Daily Updates - Apr 09, 2008
Gold
The very accurate bullish channel has been breached, and gold is now in the middle of its bearish corrective journey. All oscillators are bearish, and forex traders have a great opportunity of taking advantage of this sharp technical event. Going short appears to be the right direction today.The Wild Card Daily Updates - Apr 08, 2008
Gold
There is a very distinct bullish channel forming on the 4 hour chart as gold now floats on the bottom barrier of it. It appears that if a significant breach through the 919.00 will not occur, the bullish channel will resume at full steam. This is a great opportunity for forex traders to swing into the bullish trend at a great entry price.The Wild Card Daily Updates - Apr 07, 2008
Gold
After the sharp bearish move which ended at 870.00, gold is now making a bullish comeback and is forming a tight bullish channel on the 4 hour chart. The RSI is strengthening the notion that the bullish move will continue which provides forex traders with a great opportunity to enter the market with a long position at a great entry price.The Wild Card Daily Updates - Feb 27, 2008
CRUDE OIL
Oil is traded at historical levels of more than 101.00, and shows no room for hesitation. All technical indicators on all time frames are showing that the direction is up and the momentum is extremely high. forex traders should use this momentum to swing into the trend, and join oil on its journey to fresh all time highs.The Wild Card Daily Updates - Feb 26, 2008
Gold
Gold is in the middle of a correction move that is now showing strong signs of support. It appears that it will not be able to breach through the 931.00 level which is a key Fibonacci level of the 854.70/953.20 move. The bullish cross on the hour chart is strengthening the notion that Forex traders might enjoy a great entry price for the upcoming bullish move.The Wild Card Daily Updates - Feb 20, 2008
Crude Oil
After spiking to the very impressive $100 level, it seems that Oil is the center of forex trader's focus today. The inability to breach that level violently, together with many bearish indications by various oscillators is strengthening the notion that a sharp correction move is quite imminent. Going short with tight stops and limits might provide high profit potential.The Wild Card Daily Updates - Feb 19, 2008
Crude Oil
The pair has been going through a very strong bearish trend in the past month, and has been showing some consolidation lately. The daily chart is showing a bearish cross on the slow stochastic, and together with the negative slope on the 4 hour one, it could be a great opportunity for forex traders to get in a short position, before momentum increases.The Wild Card Daily Updates - Feb 15, 2008
Crude Oil
This commodity rallied sharply yesterday peaking at the 95.53 level. All indicators show that we are now deep in overbought territory. Therefore forex traders may be able to maximize gains by entering an early short position.The Wild Card Daily Updates - Feb 13, 2008
GOLD
Gold is being traded within a very distinct channel on the daily chart, and is now floating at a strong key point of the bottom barrier. forex traders are advised to wait for a break beyond the 899.00 which will validate a sharp dropping move that might take gold prices into a deep abyss.The Wild Card Daily Updates - Feb 12, 2008
GBP/JPY
The sharp bullish move that can be seen on the 4 hour chart indicates that the positive momentum is back with regenerated energy. All oscillators are supporting the bullish notion and forex traders can enjoy the regeneration of oil's ongoing journey to the 100$ level.
The Wild Card Daily Updates - Feb 11, 2008
GBP/JPY
There is a very distinct downwards channel forming on the 4 hour chart as the pair now floats around its upper level. The RSI and slow stochastic are floating in the mid section which indicates that the next move would be towards the bottom of the channel. This could be a great opportunity for forex traders to enter the market on a short position with a chance that a bearish break beyond the channel will unleash an even stronger move.
The Wild Card Daily Updates - Feb 7, 2008
Crude Oil
There is a narrowing bearish channel forming on the 4 hour chart as Oil now floats on the upper level of it. All oscillators show that an additional bearish break through the 86.20 level will unleash a much stronger bearish move which can provide Forex traders a great opportunity of a strong swing.
The Wild Card Daily Updates - Feb 6, 2008
Crude Oil
Oil is correcting down with great momentum and initiated the first step in a bearish channel formation. The 4 hour chart is showing strong bearish momentum, and the lack of a cross in the daily slow stochastic should strengthen Forex trader's confidence in the bearish trend. Next target price might be 87.00$ a barrel.
The Wild Card Daily Updates - Feb 5, 2008
Gold
Gold has made a failed attempt to breach through the 898.60 level which is a key Fibonacci support level. The inability to breach that level generates fresh new bullish momentum with a target of 907.00 at the local level. This could be a great opportunity for Forex trader to enjoy a very strong reversal move.
The Wild Card Daily Updates - Jan 31, 2008
Gold
This commodity has been on a sharp rise over the last week and this bullish trend is likely to stick around in the near future. All charts are still giving a strong bullish signal, however there might be short term corrections during this uptrend. forex traders can maximize profits by buying on a dip and taking advantage of a sharp bullish trend.
The Wild Card Daily Updates - Jan 30, 2008
Gold
Gold is in the midst of a very strong uptrend that shows very small will to stop. All oscillators support the bullish bonanza, and it appears that an all time high breach might be quite imminent. This could be a great opportunity for forex traders to enjoy the road to a record high with very strong profit potential.
The Wild Card Daily Updates - Jan 29, 2008
Crude Oil
Oil has been traded in a very distinct bearish channel on the 4 hour chart since the beginning of January. The first breach through the upper barrier of the channel has occurred and a very strong bullish trend is expected to take Oil back into the 95.00 levels towards the beginning of next week. This is a great opportunity for forex traders to join a very strong potential trend that might yield high profits.
The Wild Card Daily Updates - Jan 24, 2008
Crude Oil
The bearish channel on the 4 hour chart continues with no exceptional breaks. Oil is floating at the upper level of it which could be a great opportunity for forex traders to get in a short position at a very early stage, before the touch at the upper barrier may send the Oil down again.
The Wild Card Daily Updates - Jan 21, 2008
Crude Oil
There is a very strong downwards channel pattern forming on the 4 hour chart as Oil now floats at the upper level. After a failed attempt to break the upper barrier, Oil is regaining some bearish momentum which provides forex traders with a great opportunity to enjoy a trend that might have a target price of 88.50.
The Wild Card Daily Updates - Jan 16, 2008
Gold
After a very clear signal for a bullish bonanza, gold now makes a local correction, but still did not break the bottom barrier of the upwards channel on the 4 hour chart. Its inability to break the 887.00 level will provide forex traders with a great entry point for a long position with great profit potential.
The Wild Card Daily Updates - Jan 15, 2008
Gold
Gold is trading at records levels with incredible momentum, as yesterday's all time high touch strengthens the notion that we might see gold hit the 920.00 level soon. This is a great opportunity for Forex traders to enjoy the very high profit potential and enter the market on a very healthy trend.