03 May 2013 @ 02:37
The EURUSD had a bearish session yesterday, approaching to the support at the psychological level of 1.30, a very important zone. The EURUSD fell 200 pips since the economic data released yesterday, which favored the U.S. Dollar. For today’s session will be published the now famous Non-Farm Employment Change (Previous: 88K / Forecast: 146K). If […]
02 May 2013 @ 05:27
In yesterday’s session, there were no significant changes in the EURUSD, indicating that this pair is preparing to receive the impact of economic data that will be published in the coming hours. The EURUSD is near a strong resistance at the 1.3194 level and is a very crucial this levale because if the EURUSD break […]
01 May 2013 @ 16:33
From this week AIM Stocks Charting will be providing a daily rundown of the top three volume stocks which in the case of May 1st means West African Minerals (
LSE:WAFM) will appear with Gulf Keystone (
LSE:GKP) and Range Resources (
LSE:RRL). I will throw in number 4, Sirius Minerals (
LSE:SXX) as well, as a special. Yesterday’s […]
01 May 2013 @ 03:32
The AUDUSD is approaching a critical level. If the pair manages to overcome this barrier, would have a very clear bullish way in the medium term. There is a very strong resistance level 1.0391, which coincides clearly with the 200 day moving average. If the AUDUSD breaks this resistance, it is very possible that the […]
30 Apr 2013 @ 05:14
The bulls are now very aggressive on Coms (
LSE:COMS) as the stock broke out of a recalcitrant equilibrium zone. This is a big blow to the bears, which were trying to maneuver the price towards the downside during the recent consolidation. For the most part of this year so far, the stock moved in a […]
30 Apr 2013 @ 05:07
The technical reasons given below show why it is not a surprise that the bulls are interested in pushing Vialogy shares (
LSE:VIY) further northward. Following some perpetual downward pressure in recent times, the price now appears to be making bullish attempts. Two Trendlines are drawn to show where the price was recently consolidating. There was […]
30 Apr 2013 @ 04:20
The USDJPY had a start to the week without significant movement for that reason, has not yet defined the trend for this week. The USDJPY is close to important technical levels. On the one hand, there is a strong resistance at the 98.07 level, if the USDJPY breaks this resistance, it is likely that this […]
29 Apr 2013 @ 12:24
Pro-cyclical currency instruments would normally go northward in bull markets, as prices are breaking more and more supply levels. On the other hand, anti-cyclical currency instruments tend to exhibit a measure of strength only in bear markets, as prices are breaking more and more demand levels. Sometimes a confirmed bias may last longer than one […]
29 Apr 2013 @ 00:12
In today’s session, several companies in the United States will publish their first-quarter earnings report of the 2013, including the one that attracts attention: Herbalife Ltd (
NYSE:HLF). According to a survey by FactSet company, it is possible that the company Herbalife will issue a favorable report first quarter earnings this year, about $ 1.07 per […]
28 Apr 2013 @ 05:03
Position trading means long term trading. You open your trades and run them for weeks or months. The more experienced you’re, the more you’ll likely let your profits run. Why would you go for 50 pips when the markets still have the room to move in your favor by 500 pips? That’s position trading. The […]