06 Aug 2013 @ 05:51
The EURUSD continues at a very crucial for the development of its trend. For now, we can not say with certainty what their current general trend is. The EURUSD continues to consolidate above the 200 day moving average and above the support at the 1.3200 level. If this pair managed to break the resistance level […]
05 Aug 2013 @ 07:28
The reversals that happened last week have resulted in new signals in most cases. The EURUSD has continued its bullish journey. EURUSD: The bearish threats that happened on the EURUSD last week did not succeed in pushing the price below the support line of 1.3200. From the point of ‘nearly resulting in a bearish confirmation,’ […]
05 Aug 2013 @ 03:50
The USDJPY has no clear trend in this chart and it is likely that this week is very crucial for the development of the general trend of this pair. The USDJPY is trying to consolidate above support at 98.64 level and now this pair is forming a lower high pattern. Is likely that the USDJPY […]
03 Aug 2013 @ 09:40
GBPUSD: Sell There is now a bearish signal on the Cable, following the Bearish Confirmation Pattern that has occurred on the chart since Tuesday 2013. The price has gone below the EMA 21 and the RSI period 14 is below the level 50. With some informed chart analysis, it could be said that the price […]
02 Aug 2013 @ 12:16
A TASK THAT MUST BE DONE A good trading track record is a noble achievement that’s being aspired to. It’s a proof of your trading prowess – an absolute requirement that must be provided before you’re viewed as a pro, whose trading strategy is worthy of emulation or who could possibly be considered as a […]
02 Aug 2013 @ 10:16
Pound Sterling – At the start of the week the Pound saw little movement against its most traded peers, but did make gains against the US Dollar. The rise came after the Bank of England released data showing that lending to small UK firms hit a record high in June. To ask a currency expert a […]
31 Jul 2013 @ 01:34
USDJPY stays in a range that will produce many irregular movements, to which we must be vigilant. The USDJPY is forming a higher low pattern, above the 200 day moving average and above the support at the 97.53 level. If the pair manages to break that level, it is expected to fall to the level […]
29 Jul 2013 @ 09:14
In the last several trading days, we can see that the GBP, the CHF, and the EUR have continued showing strength, while the USD has continued to be weakened against them. The JPY pairs are also showing signs of noteworthy pullbacks, following their testing of major supply levels. The more overextended and protracted the current […]
29 Jul 2013 @ 00:05
The GBPUSD remains very strong on a bullish trend, but eventually the situation could change in this pair. Now this pair is in very critical levels. The cable continues forming a lower high pattern, below the resistance level of 1.5387. If the pair manages to break that level, it is expected to rise to the […]
27 Jul 2013 @ 06:27
AUDUSD: Buy Following what could be rightly termed a Bullish Confirmation Pattern, the AUDUSD has given a clear indication of a bullish signal. Since last week, the price has closed above the EMA 56, while the RSI period 14 moved above the level 50. Within the same week, the novel bias was morbidly threatened during […]
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