Financial Guides

The JPY pairs opened with gap-downs and later rebounded upwards. The outlook on the JPY pairs for this week is thus bullish. EURUSD: The EURUSD is a bull market, with the possibility that the market would keep on going upwards (though not without bearish retracements). The price line at 1.3550, which has been tested constantly […]

Pound Sterling The Pound began the week softer against the Euro after Angela Merkel won a landslide victory in the German elections. The result was seen as a positive for stability in Europe and sent the Euro slightly higher against Sterling. Disappointing economic data releases for the UK and negative comments from a Bank of […]

After much consolidation, the markets ended the last week trending according to the dominant biases. EURUSD: This pair closed at 1.3522, being in a bullish mode. The price trended upwards last week, and it is supposed to do so this week. Although this would not be without serious struggle between buyers and sellers, it is […]

This week is best described as being indecisive and turbulent, as far as the dominant biases are concerned. EURUSD: The EURUSD is in a bullish mode, but not really decisive in its movement. The price even could not touch the resistance line at 1.3550, although there is possibility that the line would be tested on […]

For the rest of this month, Gulf Keystone (LSE:GKP) is expected to continue going in the direction of the bulls, just as it has been doing since the beginning of July 2013. Prices are pushed by Smart Money. It is even more interesting that, usually, the stock that has trended northwards seriously would continue to […]

Soco international (LSE:SIA) has long been a wonderful market – an investors’ dream. Therefore, anyone who has gone long in the market since July 2013 when a long signal is generated in the midst of the continuous turbulence in the market should be smiling to their bank right now. Based on the model used here, […]

The USDJPY is trading below the supply level of 99.00. The next target is at the demand level of 98.00. EURUSD: This pair is currently moving sideways in the context of an uptrend. There is a support line at 1.3450, while it is expected that the price could rise further towards the resistance line of […]

Although currently ranging, the JPY pairs ended being bullish last week. The bullish outlook remains valid for this week. EURUSD: The EURUSD moved upwards last week by around 200 pips, topping at the resistance line of 1.3550 before retracing downwards a little. The aforementioned resistance line would still be tested again, and would be overcome, […]

LEARN FROM GENERALS OF THE MARKETS – PART 37 “I knew now that I had to keep rigidly to the system I had carved out for myself.” – Nicolas Born in 1920, in Hungary, Nicolas Darvas was a popular dancer, self-educated trader and an accomplished author. He was a good economist at the University of […]

Pound Sterling While the Pound began the week trading in the region of multi-month highs against both the US Dollar and Euro, the British asset broadly softened on Thursday as an unexpected decline in UK retail sales dented investor confidence in the nation’s economic recovery. To ask a currency expert a question direct, click HERE […]