15 Jul 2014 @ 11:02
Oilex shares (
LSE:OEX) go further upwards, moving above the 4 EMAs that are used in this analysis. This is a bull market and the market has resumed its upwards journey, as it should. In the chart, the 4 EMAs used are EMAs 10, 20, 50 and 200. The color that stands for each EMA is […]
15 Jul 2014 @ 10:47
Alba Mineral Resources stock (
LSE:ALBA) has been given a new lease of energy. This means the price has gotten some stamina and should continue going upwards, following the sudden jump up (a significant bullish breakout). The price broke out significantly from the area of the Upper Trendline. This ended the many months of boring equilibrium […]
15 Jul 2014 @ 05:51
The EURGBP is consolidating above the support level of 0.7964, which is above the 200 SMA. This pair is forming a lower high pattern, so it is very likely that the next target is the road bullish resistance level of 0.7986. If the EURGBP manages to make a breakout at that level would be expected […]
15 Jul 2014 @ 01:11
Instrument: USDJPY Order: Sell Entry date: July 14, 2014 Entry price: 101.528 Stop loss: 102.538 Take profit: 99.538 Instrument: AUDJPY Order: Sell Entry date: July 14, 2014 Entry price: 95.356 Stop loss: 96.378 Take profit: 93.378 Instrument: CADJPY Order: Sell Entry date: July 14, 2014 Entry price: 94.777 Stop loss: 95.795 Take profit: 92.795 Instrument: […]
14 Jul 2014 @ 01:43
The AUD/USD had a bullish momentum at the start of the day today. Now this pair is consolidating above the daily pivot point of 0.9391, so the next target would be the resistance level of 0.9408. If the AUDUSD manages to make a breakout at that level would be expected to rise to the level […]
13 Jul 2014 @ 23:17
The USD/JPY is still in a bearish mode, although the price is making some rally attempts. The rally may be contained at the supply level of 101.50. This is an area from which the price may go further downwards. EUR/USD: The bias on this market is bearish and the price is expected to go further […]
11 Jul 2014 @ 10:09
Here’s the market outlook for the week: EURUSD Dominant bias: Bearish Although the EUR/USD remains a weak pair, the direction on it has not been significantly bearish (neither has the price been able to go upwards significantly). However, this kind if market is great for scalpers and intraday traders, but not for swing and position […]
11 Jul 2014 @ 04:32
The Light Sweet Crude Oil has been on a long decline from the level of 107.40, due to the global uncertainty about the current conflict between Israel and Palestine, so Oil could have a bullish momentum in the coming days. This is because there are rumors on the internet about a possible military ground operation […]
10 Jul 2014 @ 04:36
A STEP BETWEEN PENURY AND SOLVENCY “Once you take the desire to make money out of your trading and put in the desire to do what good traders do, your mindset shifts and allows you to make more good decisions.” – Craig Cobb Alan* has reached the end of his tether. His handiwork is not […]
08 Jul 2014 @ 23:31
Quadrise stock (
LSE:QFI) has started a new northward outlook, as it rises. The northward outlook could last for several months. The recent bias was bearish and the price has been extremely volatile – making wide stops sensible in this market. In the chart, the price broke above the EMA 21, gapped upwards and closed above […]