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Daily analysis of major pairs for June 15, 2015

15 Jun 2015 @ 01:11
In spite of the struggles of the bulls, the USD/JPY is still bearish in the short-term. The only factor that can render the bearish trend useless is an event in which the price goes above the supply level at 125.00; otherwise the bearish outlook would be valid for most part of this week. EUR/USD: There […]
 

Weekly Trading Forecasts on Major Pairs (June 15 - 19, 2015)

13 Jun 2015 @ 09:44
Here’s the market outlook for the week: EURUSD Dominant bias: Bullish This pair is still in a bullish mode in spite of the effort of bears to pull price down. There are support lines at 1.1100 and 1.1050 and a downside breach of the support lines would result in a new bearish outlook. There are […]
 

48-hour Movement Trader – Part 2

11 Jun 2015 @ 08:42
A Rule-based Swing Trading Method “I’ve become more and more selective, sometimes to a fault. I used to always want to be in the market. I’ve learned that you’re much better off letting the market prove itself before entering.”* Snapshot of the Trading Method Strategy name: 48-hour Movement Trader Suitability: Good for both full-time and […]
 

NZDUSD down at 0.7050 because RBNZ cut interest rates to 3.25%

10 Jun 2015 @ 23:48
NZDUSD is currently touching new lows below the 0.7100 level, as the pair reacted negatively to the Reserve Bank of New Zealand’s decision to cut the rates to 3.25%. The official cash rate from the RBNZ was 3.5%, but the current decision to cut the interest rates kept open the doors to ease the monetary […]
 

Sirius Minerals to Continue Moving Upwards

09 Jun 2015 @ 10:35
Sirius Minerals shares (LSE:SXX) are expected to continue to going upwards in the context of an established uptrend. The price action supports this view as this analysis shows. From the beginning of January to the end of March 2015, the price moved in a tight consolidation phase, but it broke upwards significantly in April, moving […]
 

Should You Sell Short Bacanora Minerals?

09 Jun 2015 @ 10:26
The situation on Bacanora Minerals stock (LSE:BCN) looks dicey, making traders wonder whether they should buy or sell. The recent bias was bullish but the price has been coming down since last month. The trend has turned bearish in the short-term. In the chart, 4 EMAs are used and they’re EMAs 10, 20, 50, and […]
 

Daily analysis of major pairs for June 8, 2015

08 Jun 2015 @ 07:08
The USD/JPY moved sideways last week and it later broke upwards significantly as a result of the employment figures coming out of the US. The upwards break happened in the context of an uptrend and thus, further upward movement is possible this week. EUR/USD: The popular Non-Farm Employment Change and other employment figures coming out […]
 

EURUSD looking to make a rebound but the bearish bias is still alive

08 Jun 2015 @ 00:01
EURUSD is trying to do another rebound above the 200 SMA at H1 chart, but the risk to the downside is still there. Currently, the pair is forming a lower low pattern below the daily pivot point level of 1.1147 and we could expect a test of the support around the 1.1015 level. In the […]
 

Weekly Trading Forecasts on Major Pairs (June 8 - 12, 2015)

06 Jun 2015 @ 23:23
Here’s the market outlook for the week: EURUSD Dominant bias: Bullish The popular Non-Farm Employment Change and other employment figures coming out of the US and Canada caused significant impact on the markets on June 5, 2015. The figures had positive effects on USD and CAD and therefore, other USD pairs and CAD pairs were […]
 

Monthly Forecast on Gulf Keystone (June 2015)

04 Jun 2015 @ 23:59
Gulf Keystone shares (LSE:GKP) are now in a tight equilibrium zone. This is a condition that has been going on since March 2015; and a breakout is expected very soon. There would either be a breakout to the upside or a breakout to the downside. The ADX period 14 and its DM+ and DM- are […]
 
 
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