2014 is around the corner with less than 36 hours away and the PaxForex Technical Analysis Team is pleased to announce that starting on Monday, January 6th 2014 we will provide an analysis for gold and silver as trading opportunities arise. 2014 is set to be a very exciting time right here at PaxForex for all our traders and we will make some changes which are aimed and creating an even better service for all our clients. Don’t miss out on all our trading ideas and we welcome you to subscribe to out PaxForex Trading Recommendations...
First at all, PaxForex's team wishes a great new year for traders and readers! Thank you for continue trusting on our services and we are looking to provide the best trading environment conditions in next year to support our business. Traders are noticing a nice bullish trend for currencies like AUD/USD and NZD/USD. Particularly, the New Zealand's economy is showing better improvements and the kiwi can continue to bright even more higher if the developments remains for 2014. Pay attention for: 1. NZ GDP; 2. RBNZ interests...
European Technical Outlook 12/27/13 EURUSD is now rising R3: 1.3721 R2: 1.3711 R1: 1.3700 S1: 1.3679 S2: 1.3669 S3: 1.3658 For Monday, the EURUSD is now showing strong bullish signals in its candlestick sentiment from yesterday’s median levels, as prices are now moving in a relatively upward pattern in its momentum; its Bollinger Bands 21 lines are now opening its lines in its pattern. Currently, prices are now moving now at 1.3798 and penetrated all its major resistance levels and might stay from this range due to the opening of...