Financial Guides

GOLD (XAUUSD) Dominant Bias: Bullish There is an established bullish bias on this market, with the greater probability that the price would continue going higher. However, there could be some temporary pullbacks along the way, which should not take the price below the demand levels at 1299.00 and 1288.00, so that the bullish bias could […]

Since the EUR is strong and the USD is weak, it is no wonder that the EUR/USD pair is making some commendable bullish efforts. Currently, the resistance line at 1.3650 is under siege. The price would break that resistance line to the upside. EUR/USD: This is a bull market, which should continue to be bullish. […]

Here’s the market outlook for the week: EURUSD Dominant bias: Bullish This pair is now in an uptrend, though the movement is tardy and shaky. The price has been very volatile as the bulls and the bears fight for control. As a result of the Bullish Confirmation Pattern in the market, it is more likely […]

“Being profitable in the long run with trading, and all investing for that matter, is about cutting losses and letting profits run. Although it’s a hearsay thing of ages, statistical expectancy actually proofs the saying mathematical. It’s not about being right or wrong but handling both profits and losses well.” – Dirk Vandycke Whether you’re […]

Empyrean Energy stock (LSE:EME) is in a long-term bullish trend. The bullish trend is not expected to end soon, since there could only be consolidation and bearish correction phases in the markets, after which the trend would resume. It is clear that the bullish outlook started before this year: the trend in this year has […]

Gulf Keystone shares (LSE:GKP) are in a major downtrend; though the price has been consolidating to the downside since April 2014. The downside consolidation is very slow and tardy because the bears themselves have not made substantial gains since April 2014. The ADX period 14 is almost below the level 20 (showing that the market […]

GOLD (XAUUSD) Dominant Bias: Bullish Gold has bottomed at 1240.50 because it has moved from there upwards, testing the supply zone at 1321.50. This is an upward move of over 7600 points in a few weeks. The price may go further upwards; but as it is normally expected, it may first pull back (either in […]

On Friday, June 20, 2014, the EUR/JPY cross closed at 138.81on a bullish note. The bullish signal is valid and the movement above the demand level at 138.50 supports the possibility of the price going higher. EUR/USD: This pair was able to generate a ‘buy’ signal last week. But there is now a dip in […]

Here’s the market outlook for the week: EURUSD Dominant bias: Bullish Within the last few weeks, the EUR/USD broke below the support line at 1.3550, but it was unable to stay below it. Eventually, the price rose seriously, closing above the support line at 1.3600. This price action has resulted in a Bullish Confirmation Pattern, […]

“I knew that it was a golden opportunity and that I had screwed it up. I swore to learn everything I could to achieve complete mastery in this field [trading].” There are crucial factors that contribute to the trader’s permanent success in the markets. You probably know some of them; but the one which is […]