05 Aug 2013 @ 02:50
The USDJPY has no clear trend in this chart and it is likely that this week is very crucial for the development of the general trend of this pair. The USDJPY is trying to consolidate above support at 98.64 level and now this pair is forming a lower high pattern. Is likely that the USDJPY […]
03 Aug 2013 @ 08:40
GBPUSD: Sell There is now a bearish signal on the Cable, following the Bearish Confirmation Pattern that has occurred on the chart since Tuesday 2013. The price has gone below the EMA 21 and the RSI period 14 is below the level 50. With some informed chart analysis, it could be said that the price […]
02 Aug 2013 @ 11:16
A TASK THAT MUST BE DONE A good trading track record is a noble achievement that’s being aspired to. It’s a proof of your trading prowess – an absolute requirement that must be provided before you’re viewed as a pro, whose trading strategy is worthy of emulation or who could possibly be considered as a […]
01 Aug 2013 @ 04:44
The EURUSD continues forming bullish patterns and for now, this pair is very strong in the current bullish trend. The ERUSUD is forming a lower high pattern below the resistance level 1.3299. If the pair manages to break that level, it is expected to climb to the 1.3400 psychological level. We should note that the […]
31 Jul 2013 @ 00:34
USDJPY stays in a range that will produce many irregular movements, to which we must be vigilant. The USDJPY is forming a higher low pattern, above the 200 day moving average and above the support at the 97.53 level. If the pair manages to break that level, it is expected to fall to the level […]
30 Jul 2013 @ 04:33
ACTA shares (
LSE:ACTA) do not look attractive right now, and the best option is to stay away from the market until a clear bias is formed. The market is currently in an equilibrium phase and there no significant victory between the bulls and the bears. The ADX line is below the level 20, showing a […]
30 Jul 2013 @ 04:24
The indicators on Sefton Resources (
LSE:SER) are screaming out in what is another buying opportunity of a lifetime. In the recent bear market, the price has largely moved sideways from March 2013 until the latter part of the month of July 2013. It is known that the stock is very cheap right now. From the […]
29 Jul 2013 @ 08:14
In the last several trading days, we can see that the GBP, the CHF, and the EUR have continued showing strength, while the USD has continued to be weakened against them. The JPY pairs are also showing signs of noteworthy pullbacks, following their testing of major supply levels. The more overextended and protracted the current […]
28 Jul 2013 @ 23:05
The GBPUSD remains very strong on a bullish trend, but eventually the situation could change in this pair. Now this pair is in very critical levels. The cable continues forming a lower high pattern, below the resistance level of 1.5387. If the pair manages to break that level, it is expected to rise to the […]
27 Jul 2013 @ 05:27
AUDUSD: Buy Following what could be rightly termed a Bullish Confirmation Pattern, the AUDUSD has given a clear indication of a bullish signal. Since last week, the price has closed above the EMA 56, while the RSI period 14 moved above the level 50. Within the same week, the novel bias was morbidly threatened during […]
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