19 Sep 2014 @ 08:00
Here’s the market outlook for the week: EURUSD Dominant bias: Bearish The bias on the EURUSD is still very bearish irrespective of the shallow rally the market is currently experiencing. In this market, rallies have proffered opportunities to sell short in the context of a downtrend. The continuation of the bearish bias may force the […]
19 Sep 2014 @ 04:11
The EURGBP has been strongly consolidated below 200-day moving average and the daily pivot point. Now, this pair is trying to form a lower low pattern below the resistance level of 0.7881. If the EURGBP manages to make a breakout at the support level of 0.7821, expected to fall to the level of 0.7790. For […]
16 Sep 2014 @ 08:14
African Minerals shares (
LSE:AMI) have crashed – dropping significantly for the most part of the year. The bearish bias is so strong that anyone that goes long in this market would be sliced up. In the chart, the ADX period 14 is above the level 50, showing a very powerful trend. The DM+ is below […]
16 Sep 2014 @ 08:03
Aminex stock (
LSE:AEX) has made sudden and substantial gains, breaking upwards from a long-term base that was building for several months. This is the kind of signal that professional speculators want to trade! The price is now trading far above the EMA 21 as the Williams’ % Range period 20 has already gone into the […]
15 Sep 2014 @ 21:30
GOLD (XAUUSD) Dominant Bias: Bearish Gold has been trending downwards in a significant mode since the middle of July 2014. From the supply level at 1344.80, the price has tested the demand level at 1225.50. This is a downward movement of close to 2000 points. The weakness in the market remains valid and the price […]
15 Sep 2014 @ 06:08
The EUR/JPY continues to be strong as a result of the weakness in the Yen and further bullish determination in the Euro. The Bullish Confirmation Pattern in the market is very conspicuous and one supply zone after the other has been breached. Right now, the price is moving above the demand zone at 139.00, going […]
15 Sep 2014 @ 00:00
The AUDUSD continues to strengthen the bearish trend below the 200 SMA on the H1 chart. This pair is trying to find support at 0.9270 level, though the AUDUSD could be forming a lower low pattern to fall to the support level of 0.9249, which is below the daily pivot point level of 0.9292. The […]
12 Sep 2014 @ 06:36
Here’s the market outlook for the week: EURUSD Dominant bias: Bearish The EURUSD has been consolidating recently – neither going upwards nor downwards significantly. A breakout is expected very soon, which may likely be in the direction of the dominant bias. This southward break may take the price towards the resistance levels at 1.2850 and […]
11 Sep 2014 @ 21:08
The EURJPY has consolidated above the daily pivot point level of 137.82. Now, this pair is trying to make a breakout at the resistance level of 138.35 although this area is quite front and could halt the bullish trend in the EURJPY intraday. However, this pair remains above the 200-day moving average, so it is […]
10 Sep 2014 @ 21:24
LEARN FROM THE GENERALS OF THE MARKETS – PART 52 “I have been taught the emotional pain of large losses when my ego wanted me to trade too big, and the pain of missing a huge move due to fear of entering a trade.” – Steve Burns Born in 1969, in Denmark, Tom Hougaard later […]