25 Nov 2013 @ 07:07
The conditions on the market are favorable to trend-followers, especially in the face of new signals and directional movements that are currently happening. For instance, the USDCHF has assumed a strong southward bias and the price could reach the support level of 0.9000 this week. EURUSD: The EURUSD has assumed a strong northward bias and […]
22 Nov 2013 @ 23:23
The AUD/USD had a fairly bearish week in which this pair was able to consolidate a strong bearish trend in big charts as the daily chart. The aussie managed to fall to the weekly support level of 0.9175. Now, it is very likely that this pair begin to form a higher low pattern near this […]
22 Nov 2013 @ 20:39
LEARN FROM GENERALS OF THE MARKETS – PART 41 “What you do not believe, you can never become.” Born in June 11, 1956, Steven A. Cohen is an American funds manager. He grew up in New York, where his parents worked. He began to play poker while still in high school – something that could’ve […]
20 Nov 2013 @ 12:50
Mariana Resources (
LSE:MARL) which broke northward in a significant mode at the beginning of November 2013, is currently being pulled back. This is a good opportunity for the bulls to go long at cheaper prices. Here, the ADX period 14 is sloping above the level 50 (signifying a very strong bias), while the DM+ is […]
20 Nov 2013 @ 12:39
Beacon Hill Resources (
LSE:BHR) can be sold at 0.80 and later exited at 0.20 in what could potentially be a profitable short trade. The long-term bias is downwards and the bulls are too weak to effect any meaningful changes, until further notice. The price has been trending downwards for several months, breaking new lows, even […]
19 Nov 2013 @ 09:49
The perpetual southward movement on the USDCHF has resulted in a renewed bearish signal. The price may break the support level of 0.9100 to the downside. EURUSD: The slow and tardy bullish movement on the EURUSD has resulted in a clean bullish signal in the market. This is a result of the perpetual northward bias […]
19 Nov 2013 @ 00:43
The kiwi found strong resistance near the 0.8407 level and now this pair is dominated by the bears. The NZD/USD is falling below the monthly pivot is located at the 0.8332 level and now, it is likely that this pair fall to support at the 0.8287 level. However, the bullish outlook still alive in this […]
18 Nov 2013 @ 06:30
The Cable is now trading above the accumulation territory of 1.6100, in what is called a bullish mode. This week, the price may reach the distribution territory of 1.6200, even possibly breaching it to the upside. EURUSD: There is not yet a clear signal on the EURUSD, but it is much more likely that the […]
15 Nov 2013 @ 20:27
LEARN FROM GENERALS OF THE MARKETS – PART 40 “True success is the only thing that you cannot have unless and until you have offered it to others.” Charles Thomas Munger was delivered as a baby boy on January 1, 1924, in Omaha, Nebraska, USA (Warren Buffet is also a native of Omaha). He’s a […]
15 Nov 2013 @ 03:04
The EUR/JPY has strengthened in the current bullish trend and is likely to continue to rise for the rest of the week. This pair has a strong bullish rebound on the moving average of 200, which gave a great impetus to consolidate the current bullish trend. During yesterday’s session, the EURJPY broke the resistance at […]