13 Apr 2015 @ 03:33
The EUR/JPY plunged by roughly 350 pips last week, as forecasted. The price reached a high of 131.29 and a low of 127.20. The outlook for this week is also bearish, as long as the EUR is weak. The next targets for the bears are located at the demand levels at 127.00 and 126.50. EUR/USD: […]
11 Apr 2015 @ 20:05
Here’s the market outlook for the week: EURUSD Dominant bias: Bearish This pair plunged by 400 pips last week, owing to the very weak condition of EUR. In fact, most EUR pairs are weak – hence the justification of the ongoing bearish movement. The market is expected to keep going further downwards next week, reaching […]
10 Apr 2015 @ 00:56
The EURJPY is still developing a bearish structure below the 200 SMA at H1 chart. There are already various bearish patterns formed below that moving average and now it’s doing a consoliation below the daily pivot point level of 128.84. The next target in the downside would be the support zone of 127.92. Also, we […]
09 Apr 2015 @ 20:37
INSIGHTS INTO THE MINDSET OF SUPER TRADERS – Part 2 “All predictions are about the future. And, a lot of stuff can happen between now and then.” – Dave Landry Name: Dirk Vandycke Country: Belgium Profession: Trader, lecturer and software developer Website: Chartmill.com Career Dirk Vandycke has been a trader and market researcher since the […]
09 Apr 2015 @ 12:45
Blinkx stock (
LSE:BLNX) is currently a choppy market in which buyers and sellers go through rough times. Looking at the market closely, there is a kind of subtle consolidation. There is no serious confirmation pattern here, but when a breakout does occur, it would probably favor the bears. In the chart, the ADX period 14 […]
09 Apr 2015 @ 12:36
Wincanton shares (
LSE:WIN) are not favorable to buyers at the present. Although the price rallied in the past, until the end of March 2015, things have now turned bearish. What we even saw in March was largely a sideways movement, for there was a tug of war between the bulls and the bears. In the […]
08 Apr 2015 @ 10:09
AUDJPY = Buy AUDUSD = Buy EURAUD = Sell AUDCAD = Buy AUDCHF = Buy GBPAUD = Sell AUDNZD = Buy NB: Every trade could be entered with a stop loss of 100 pips and a take profit of 200 pips. Only 0.5% is risked per trade. With an account balance of $20,000, a position […]
07 Apr 2015 @ 03:32
At the H1 chart, the AUD/USD found strong dynamic resistance at 200 SMA and now it’s looking to reach new weekly lows. The current structure is very bearish, which coincides with the overall trend of the Aussie, so we could expect a fall until the support zone of 0.7557, if the AUDUSD finds strong resistance […]
06 Apr 2015 @ 07:04
The USD/CHF went upwards last week – just in opposite of what the EUR/USD was doing. The market first made some bullish attempt, reaching the resistance level at 0.9750. Further bullish journey was rejected at that resistance level and price plunged by 250 pips, testing the support level at 0.9500. The bearish movement this week […]
05 Apr 2015 @ 22:55
GOLD (XAUUSD) Dominant Bias: Bullish The dominant bias on Gold has turned bullish as bulls are making effort to push price north. This fact has proven to be true in the last few weeks. There is a Bullish Confirmation Pattern in the market and it is likely that bears effort will often be frustrated, enabling […]