Seemingly unstoppable, the Australian dollar has been on a winning streak recently. Yet the bulls wavered in their efforts not so long ago. Is it a sign that the tide is beginning to turn? Or, is it turning already?
We wrote on...
Nadia Simmons
Nadia is a private investor and trader, dealing in currencies, commodities (mainly crude oil), and stocks. Using her background in technical analysis, she spends countless hours identifying market trends, major support and resistance zones, breakouts and failures. In her writing, she presents complex ideas with clarity that enables you to easily understand market changes, and profit on them. Nadia is the person behind Sunshine Profits' 3 premium trading services: Forex Trading Alerts, Oil Trading Alerts, and Oil Investment Updates.
Articles by Nadia Simmons
Having traded in a tight range recently, USD/JPY has broken down yesterday. The momentum goes on and the pair’s losses keep mounting. Let’s explore what kind of change in outlook have these moves brought.
Let’s recall our yesterday’...
Let’s recall our yesterday’...
Although oil bulls managed to push the futures higher and broke above the upper border of the rising green trend channel during yesterday’s session, Monday’s upswing turned out only temporary.
Earlier today, crude oil futures opened the...
Earlier today, crude oil futures opened the...
Let’s recall our Friday’s observations:
(…) Crude oil futures extended gains, breaking above the upper border of the rising green trend channel during yesterday’s session. This upswing took the futures right to the red gap. Let’s see...
(…) Crude oil futures extended gains, breaking above the upper border of the rising green trend channel during yesterday’s session. This upswing took the futures right to the red gap. Let’s see...
The Swiss franc has been trading around the green support zone recently, until it broke down earlier today. Is it a one-day event where the dollar bulls can be expected to step in shortly? Or is there some dollar-selling still ahead...
Crude oil futures extended gains, breaking above the upper border of the rising green trend channel during yesterday’s session. This upswing took the futures right to the red gap. Let’s see how this has reflected upon the daily indicators...
On Friday, we wrote:
(…) Crude oil futures moved higher once again during yesterday’s session, overcoming the upper border of the rising green trend channel for the third time in a row. While the futures finished the day above this...
(…) Crude oil futures moved higher once again during yesterday’s session, overcoming the upper border of the rising green trend channel for the third time in a row. While the futures finished the day above this...
The Canadian dollar has been growing in strength recently, yet the greenback bulls staged a rebound recently. Just a pause in the previous trend, or a change in gears looms?
Although USD/CAD moved below the black support line based...
Although USD/CAD moved below the black support line based...
Although crude oil futures again moved higher during yesterday’s session, rising above the upper border of the rising green trend channel and 78.6% Fibonacci retracement, the bulls didn’t manage to hold gained ground. This very same...
The Swiss franc certainly appears to be in high demand lately but can it keep strengthening? With today’s candle being a bearish one, it seems one question too many. But let’s take a thorough look at the situation for what it is....
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