30 Apr 2015 @ 05:53
NZDUSD = Sell NZDJPY = Sell NZDCAD = Sell NZDCHF = Sell EURNZD = Buy GBPNZD = Buy AUDNZD = Buy NB: Every trade could be entered with a stop loss of 100 pips and a take profit of 200 pips. Only 0.5% is risked per trade. With an account balance of $20,000, a position […]
30 Apr 2015 @ 01:11
The US dollar has been trading softer on near-term strategies, but the longer-term view points to higher levels or consolidation. We call it Ms USA at Invest Diva and monitor her dance moves closely on the forex dance floor. But what are important pillars of the US economy that can have major impacts on the US […]
27 Apr 2015 @ 00:42
Price news A sharp ten dollar rally on Tuesday could not be sustained and the price still seems to be trending downwards. Seven-day average price: $229.29 End of week market cap: $3.1 billion (Prices quoted according to Coindesk Bitcoin Price Index) There was quite a few things happening in the exchange space this week: Exchange […]
26 Apr 2015 @ 23:40
AUDUSD is strong in the current bullish bias, as the pair is already consolidated above the 200 SMA in H1 chart. The current structure is favoring the bullish formations above the daily pivot point level of 0.7809 and the focus remains at the resistance zone of 0.7854 in the near term. In the other side, […]
26 Apr 2015 @ 23:17
The EUR/JPY first consolidated last week, but it broke upwards on April 23, 2015. The upward break has enabled a Bullish Confirmation Pattern to form in the market, and the price might reach the supply levels at 130.50 and 131.00. This outlook would be valid as long as the EUR does not sustain exponential weakness. […]
25 Apr 2015 @ 09:18
Here’s the market outlook for the week: EURUSD Dominant bias: Bullish Within the first few trading days of the last week, this pair moved in a tight range. On April 23, there was a breakout in favor of the bulls, enabling price to go above the support line at 1.0850. It is possible for the […]
23 Apr 2015 @ 09:01
INSIGHTS INTO THE MINDSET OF SUPER TRADERS – Part 3 “I was born with a fierce need for independence.” – Michelle Williams Name: Michelle Williams Date of birth: September 9, 1980 Nationality: American Profession: Actress Career Michelle is a popular actress, just as her dad, Larry Williams is a popular trader. Although, she’s best known […]
21 Apr 2015 @ 02:00
The pair found strong resistance around the zone of 0.7708 and now it’s trading below the daily pivot point level of 0.7674. Currently, NZDUSD is trying to reach the support level of 0.7626 in the short term and if breaks it, we could expect a fall until the 200 SMA, which is located around the […]
20 Apr 2015 @ 06:02
The Cable skyrocketed by 450 pips last week, rising from the accumulation territory at 1.4600 and testing the distribution territory at 1.5050. In spite of the shallow southward correction in the market, the outlook for the Cable this week is bright. The distribution territory at 1.5050 would be tested again and get breached to the […]
20 Apr 2015 @ 02:41
Price news The bitcoin price has fallen for yet another week, with little expected good news on the horizon. It’s also been a fairly quiet week on the financial news front, with few stories to select from for the roundup. Seven-day average price: $222.87 End of week market cap: $3.2 billion (Prices quoted according to […]