{"id":9261,"date":"2010-05-10T07:55:52","date_gmt":"2010-05-10T11:55:52","guid":{"rendered":"http:\/\/countingpips.com\/fx\/?p=9261"},"modified":"2010-05-10T07:55:52","modified_gmt":"2010-05-10T11:55:52","slug":"msci-taiwan-index-may-go-bullish","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/fx\/2010\/05\/10\/msci-taiwan-index-may-go-bullish\/","title":{"rendered":"MSCI Taiwan Index May Go Bullish"},"content":{"rendered":"<p><strong>By Anton Eljwizat<\/strong> &#8211; The MSCI Taiwan Index has been in a downward trend throughout the  past 2 weeks, dropping from 292.75 to as low as 262.30. Yesterday,  however, saw the beginning of an upward correction, a trend that is  expected to continue. Forex traders can take advantage of this impending  movement by having their Entry Orders in place to capture this  reversal.<\/p>\n<p>\u2022\tBelow is the 4-hour chart of the MSCI  Taiwan Index.<\/p>\n<p>\u2022\tThe technical indicators that are used are the Relative Strength  Index (RSI), Slow Stochastic and MACD.<\/p>\n<p>\u2022\tPoint 1: The Slow Stochastic indicates a bullish cross, signaling  that the next move may be in an upward direction.<\/p>\n<p>\u2022\tPoint 2: The Relative Strength Index (RSI) indicates that the price  of this cross currently floats in the oversold territory, signaling  upward pressure.<\/p>\n<p>\u2022\tPoint 3:  The MACD indicates an impending bullish cross, signaling  that the next move may be in an upward direction.<\/p>\n<p>\u2022\tThe volatile downward movement which occurred prior to this upward  correction has generated these indicators, and there appears to be room  for this correction to continue.<\/p>\n<p>MSCI Taiwan Index 4-Hour Chart<\/p>\n<p><a href=\"http:\/\/www.forexyard.com\/blog\/en\/wp-content\/uploads\/2010\/05\/MSCI.JPG\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone\" src=\"http:\/\/www.forexyard.com\/blog\/en\/wp-content\/uploads\/2010\/05\/MSCI.JPG\" alt=\"\" width=\"470\" height=\"557\" \/><\/a><\/p>\n<p><strong><em>Forex Market  Analysis<\/em> provided by\u00a0<a href=\"http:\/\/www.forexyard.com\/?zone_id=1398\" target=\"_blank\">Forex                                 Yard.<\/a><\/strong><\/p>\n<p>\u00a9 2006 by FxYard Ltd<\/p>\n<p>Disclaimer: Trading Foreign Exchange carries a high level of risk and                                 may not be suitable for all investors.     There    is  a              possibility      that     you   could     sustain a  loss   of  all   of    your         investment and          therefore  you        should   not    invest   money  that   you          cannot afford to         lose. You    should    be      aware of   all       the    risks      associated with     Foreign      Exchange       trading.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>By Anton Eljwizat &#8211; The MSCI Taiwan Index has been in a downward trend throughout the past 2 weeks, dropping from 292.75 to as low as 262.30. Yesterday, however, saw the beginning of an upward correction, a trend that is expected to continue. Forex traders can take advantage of this impending movement by having their &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.investmacro.com\/fx\/2010\/05\/10\/msci-taiwan-index-may-go-bullish\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;MSCI Taiwan Index May Go Bullish&#8221;<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-9261","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/posts\/9261","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/comments?post=9261"}],"version-history":[{"count":0,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/posts\/9261\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/media?parent=9261"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/categories?post=9261"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/tags?post=9261"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}