13 Apr 2013 @ 07:04
GBPJPY: SELL Last week, from the low of 140.360, the GBPJPY rose by more than 1150 pips. This happened in less than one trading week, but would it continue? Many traders are now bullish on the GBPJPY (and other JPY pairs) whereas the instruments are now at critical supply levels. The masses’ irrationality here is […]
12 Apr 2013 @ 00:57
The news regarding the economy in Japan, have not been very good and that reason has led to sharply devalue the yen against the U.S. dollar, in order to help “recover” the Japanese economy in the medium term. The USDJPY has been consolidating in recent days, after having had significant increases, leading the USDJPY to […]
11 Apr 2013 @ 13:02
GOLD Dominant bias: Bearish Since the year 2012, the outlook on the world-famous gold has been bearish. This highly-sought precious metal has plummeted by more than 13500 points since December 2012, when the model used for this analysis gave a long term short signal. The outlook is bearish and the price would continue to respect […]
11 Apr 2013 @ 04:20
The EURUSD has been moving in sideways, like other pairs who are waiting to define their trends for the coming days. The EURUSD has met with the strong resistance at the level of 1.3085, which coincides with the 200 day moving average, that is currently doing dynamic resistance on this pair. In yesterday’s session, there […]
11 Apr 2013 @ 00:34
For now, we expect from the AUDUSD, to develop a lower high pattern, because this pair is overbought and a consolidation at current levels it is possible, but we must be very careful with the fundamental’s news in Australia for today’s session. The AUDUSD broke a strong resistance level at 1.0486, with a long bullish […]
10 Apr 2013 @ 05:59
It is expected that the shares of Motive Television (
LSE:MTV) would continue going upwards, following an overextended bearish run in the market. There is now a valid bullish bias on the chart. One should not short this market any longer: an ounce of restraint can frequently prevent a pound of regret. On the chart the […]
10 Apr 2013 @ 05:46
Aminex stock (LSE: AEX) is wrapped in valid optimism right now. The price has constantly found a bottom around the accumulation territories of 4.00 and 3.50. Since those accumulation territories are too strong for the bears, the price would eventually go up. The price is below the EMA 21 and the Williams’ % Range period […]
10 Apr 2013 @ 00:27
The Crude Oil found a good support on the uptrend line, causing bullish rebounds on this commodity. The Crude Oil (NYMEX:CL) respected the dynamic support of the moving average of 200 and the uptrend line, which means it is very possible that this commodity continues its path towards the next resistance level of 94.80. If […]
10 Apr 2013 @ 00:05
In the yesterday session, the GBPUSD was moving in ranging, showing an unclear trend in the short term for this pair. The GBPUSD is facing with a resistance level at 1.5369. The cable is currently developing a lower high pattern, which, if it does a breakout at the resistance level in 1.5369, the cable can […]
09 Apr 2013 @ 00:05
The EURUSD had a week very bullish, which, provided many opportunities for traders to place buy orders in this pair though, we must be careful with this sudden “change of trend” because it could be a “false positive” . The EURUSD has started this week, moving in range and currently, is facing a resistance level […]