26 Jul 2015 @ 23:01
What is happening on the USD/JPY signifies a serious battle between bulls and bears. Although the recent bullish bias in the market remains intact, it is wise to stay away from this pair until there is a clean directional bias in the market. This clean directional bias should be seen this week. EUR/USD: EUR/USD rose […]
25 Jul 2015 @ 10:26
Here’s the market outlook for the week: EURUSD Dominant bias: Bearish Although the dominant bias is bearish, this pair made some commendable bullish attempts last week. Price moved upwards by almost 200 pips, testing the resistance line at 1.1000. That resistance line is an important price area, since it must be broken to the upside […]
23 Jul 2015 @ 23:05
“Nobody can predict the future. A Harvard PhD and a high school dropout have equal skills at prophecy.” – James Altucher It’s no longer a secret that Forex market is the biggest and the fastest-growing market in the world. It’s also not a secret that majority of Forex traders end up sustaining negativity, simply because […]
23 Jul 2015 @ 07:38
Buyers are encouraged to continue holding Jubilee Platinum stock (
LSE:JLP) because it has a good potential to continue going further upwards, considering the recent short-term dip in the context of an uptrend and what price action is saying. 4 EMAs are used for this analysis and they are EMAs 10, 20, 50 and 200. The […]
23 Jul 2015 @ 07:29
In most of this year, the price on Castle Street (
LSE:CSI) has enjoyed a very sexy northward movement. Indeed, buyers should have held this stock several months ago and as a result of that get generously rewarded. It is good to continue looking for opportunities to buy here, especially when the price enters into a […]
23 Jul 2015 @ 00:42
NZDUSD has been trading higher, above the 200 SMA at H1 chart and technically it’s looking to test the resistance level of 0.6676. The other side, which is the powerful here, is already telling us about a possible lower continuation towards the support level of 0.6592, which is the current pivot point level. A breakout […]
20 Jul 2015 @ 00:17
EUR/USD: The EUR/USD dropped by 280 pips last week, closing below the resistance line at 1.0850. The next targets for the bears are located around the support lines at 1.0800 and 1.0750. The recalcitrant resistance lines at 1.0950 and 1.0900 were successfully broken by the bears and thus, they might resist any rally attempts this […]
18 Jul 2015 @ 09:38
Here’s the market outlook for the week: EURUSD Dominant bias: Bearish EURUSD dropped by 280 pips last week, going below the resistance lines at 1.0950 and 1.0900. The resistance line at 1.0900 (and of course the resistance line at 1.0900) was an adamant obstacle to bears’ interest. Now that the obstacle has been overcome, the […]
15 Jul 2015 @ 22:34
INSIGHTS INTO THE MINDSET OF SUPER TRADERS – Part 9 “The best strategy loses its effectiveness when you trade from a place of fear.” – Mercedes Oestermann van Essen Name: Lawrence D. Hite Nationality: American Profession: Funds manager, trading systems developer, philanthropist Career: Larry Hite is an award-winning funds manager who’s one of the forefathers […]
14 Jul 2015 @ 09:32
Northcote stock (
LSE:NCT) is virtually worthless as it continues to lose value, going towards zero. Although some bulls see this stock as a wonderful opportunity to go long at very cheap prices, the bears would continue to fight for supremacy, and this may cause a considerable amount of volatility. Speed + magnitude = volatility. Markets […]