25 Aug 2013 @ 21:54
The JPY pairs ended with bullish bias last week, and this is expected to continue. EURUSD: On Friday, this pair closed at 1.3381, in a bullish mode. There is still much room for the price to continue going upwards; possibly touching the resistance line of 1.3450 – even breaching it to the upside. For this […]
23 Aug 2013 @ 12:45
Pound Sterling The Pound spent most of the week higher against its major peers and on Monday it continued to ride higher against the US Dollar and Euro thanks to last week’s positive economic data releases. House price data released in the afternoon showed that prices had fallen for the first time in six-months in […]
22 Aug 2013 @ 05:09
Triad Group stock (
LSE:TRD) has become a bullish market following some historical weakness and then an equilibrium phase which was dragged out too long. The historical bearish trend could have been caused by nothing other than the herd mentality. On the chart, the EMAs 10, 20, 50 and 200 are used: the color that represents […]
22 Aug 2013 @ 04:58
CPP Group shares (
LSE:CPP) are now favorable to buyer. The price has broken upwards after a protracted sideways movement which lasted several months following a bearish bias. It can be seen that the price eventually broke out of a protracted sideways bias – to the upside. Since then, the price has closed above the upper […]
21 Aug 2013 @ 09:34
Yesterday, the EURUSD tested the resistance level at 1.3450, and was corrected downwards. However, the bullish trend is still in place. EURUSD: Yesterday, the EURUSD tested the resistance level at 1.3450, and was corrected downwards. However, the bullish trend is still in place. The current pullback, as indicated by the Williams’ % Range period 20, […]
20 Aug 2013 @ 09:50
The Cable has broken the former distribution territory at 1.5650 to the upside. Right now, it is trading above that territory. EURUSD: The EURUSD is not very strong but the northward bias on the Cable is helping it to remain in the bullish zone (for the duo tends to be positively correlated). Though the price […]
19 Aug 2013 @ 07:12
The JPY pairs ended in equilibrium zones, but there would be significant breakouts in the prices this week. EURUSD: This pair is currently bullish (though not without turbulence). The price closed at 1.3327 on Friday and may go on to test the resistance line at 0.9400 this week. There would be bearish threats along the […]
17 Aug 2013 @ 08:18
LEARN FROM GENERALS OF THE MARKETS – PART 35 James Harry Simons (sometimes known as Jim Simons) is a great American funds manager, philanthropist and mathematician. He was born in 1938 and raised in Massachusetts. He got his BSc in math at the age of 20 and his PhD in math at the age of […]
16 Aug 2013 @ 10:29
Pound Sterling The Pound made a second weekly gain after the UK currency received support from a host of positive economic data releases. On Monday Sterling made gains against the Euro as data showed that British banks increased the number of mortgages being approved .The data added credence to the belief that the UK recovery […]
15 Aug 2013 @ 11:12
@UK shares (
LSE:ATUK) has been going north in what is likely the beginning of a long-term bullish trend. Here, the bear got no chance, for the bull is in control. Would the dog ever waylay the tiger? On the chart, the ADX period 14 is hovering around the level 60 (meaning that the buying pressure […]