Financial Guides

Royal Mail (LSE:RMG) has become a hot cake in that it offers investing possibilities to interested ones. However, a closer look at the current price action suggests that bearish attempts cannot be overruled. Generally, the bias on the chart is bullish. The price is now in a sort of consolidation, while the RSI period 14 […]

Most JPY pairs opened with minor gaps at the beginning of the week. Overall, the JPY pairs may go further northward. EURUSD: The EURUSD moved indecisively yesterday; whereas the bullish signal on it is still valid (given the position of the indicators). The resistance line at 1.3600 would soon be broken to the upside, because […]

The JPY pairs are currently in a bullish mode, and that is what would likely be the bias for this week. EURUSD: The EURUSD has been moving in a highly volatile manner – giving room for palpable turbulence. There are mixed signals in the market and it is advisable to wait for a clearer direction […]

“I knew that, if I wanted to be successful, I needed to work smart, not hard.” – Marcello Arrambide Do not place too much emphasis on the trade you just opened. It might win or lose –and that’s how it’ll always be. If it wins, the gain should be decent if you let your profit […]

It is now suicidal to buy long on Gulf Keystone (LSE:GKP), for the price has been making lower lows and lower highs. It is thus better to trade with the flow of the market instead of trading contrarily to the trend. Speculators are aware of the dangers of mean reversion trading; yet they trade in […]

Phorm Corp (LSE:PHRM) is a highly promising market for profit seekers irrespective of its recent indecision which dragged on for several months. The price has been bottoming for months, reaching an all-time low at the accumulation zone of 2.00. One would see that the ADX period 14 is at the level 50 (meaning a strong […]

The EURJPY is now in a bullish retracement, and there is a supply level at 132.00. EURUSD: Irrespective of the range movement that has been characteristic of this pair so far, the overall bias is still bullish. The EMA 11 is above the EMA 56: the Williams’ % Range is close to the oversold area, […]

The vivid southward reversal on the cable has resulted in a new bearish bias on the pair. Right now, the accumulation territory at 1.6000 is about to be breached. EURUSD: This pair trended upwards last week, but the current southward reversal in the market is a threat to the bulls’ interest. Should this go further […]

In the face of the general weakness of the greenback, the EURUSD has been able to move upwards this week. EURUSD: In the face of the general weakness of the greenback, the EURUSD has been able to move upwards this week. The price has moved upwards by roughly 140 pips. There is a possibility that […]

Mobile Streams shares (LSE:MOS) are hopeless at the present. Looking at the recent historical data, one would see that buy-and-hold investors are suffering in this market. The bulls are heavyhearted and would be advised to smooth their orders before the shares become brutally oversold; just as they were in June 2013. Short trades would reap […]