14 Jul 2015 @ 09:21
There is a high possibility that massive sell-offs soon may begin on San Leon Energy shares (
LSE:SLE), as indicated by the price action in the chart below. Chris Tate says there is a time to be in the market and there is time not to be in the market. Definitely for the bulls, this is […]
13 Jul 2015 @ 02:23
EURGBP found strong resistance around the 0.7219 level and now it’s performing corrective moves. At H1 chart, we should note the current position where is trading this pair, as it remains above the 200 SMA. The closest support is located at the 0.7166 level and if broken, it would be expected to fall to the […]
12 Jul 2015 @ 23:32
Last week, the EUR/JPY tested the demand zone at 133.50 several times, but it was unable to break it to the downside. From that demand zone, the price skyrocketed by 350 pips, closing around the supply zone at 137.00. Further bullish movement towards the supply zone at 138.00 would result in clean Bullish Confirmation Pattern […]
11 Jul 2015 @ 09:15
Here’s the market outlook for the week: EURUSD Dominant bias: Bearish This pair trended downwards in the first few days of last week, challenging the support line at 1.0950. From that support line, price went upwards by 250 pips, reaching the resistance line at 1.1200. The upward movement has been a threat to the existing […]
09 Jul 2015 @ 11:49
The S&P 500 closed in negative territory on Wednesday after a technical glitch on the New York Stock Exchange caused trading to be halted for three and a half hours. Trading eventually resumed in the final hour, by which time all three US indices were firmly in the red. The S&P 500 ended up closing […]
09 Jul 2015 @ 04:23
Apparently, EURUSD gave a good oportunity during this week to look for short trades, after the “NO” Greek referendum victory the last sunday. In a technical view, EURUSD reached the 200 SMA at H1 chart, which is offering dynamic resistance at this stage. However, we could expect more bullish moves towards the resistance zone of […]
08 Jul 2015 @ 11:20
“When I put on a trade, all I expect is that something will happen.” – Mark Douglas With a great interest, I’ve been watching the events in the Eurozone. I didn’t write about Greek debt crisis because I wanted to see how things turned out. Many economists and financial journalists have written interesting articles about […]
07 Jul 2015 @ 08:55
USDJPY = Sell AUDJPY = Sell CADJPY = Sell CHFJPY = Sell EURJPY = Sell GBPJPY = Sell NZDJPY = Sell NB: Every trade could be entered with a stop loss of 100 pips and a take profit of 200 pips. Only 0.5% is risked per trade. With an account balance of $20,000, a position […]
07 Jul 2015 @ 07:10
It is better for buyers to stay away from Kibo Mining stock (
LSE:KIBO) now, so as to avoid regret. The stock has long been in a perpetual downtrend, for most past of this year. The gap-up that occurred in April 2015 was later filled and the downtrend was resumed. In the chart, 4 EMAs are […]
06 Jul 2015 @ 21:03
GOLD (XAUUSD) Dominant Bias: Bearish Gold remains a bear market, with the price breaking more and more support levels gradually. In this market, occasional rallies should be seen as opportunities to sell short when the price is high in the context of the downtrend. This month, bears would try to target the support levels at […]
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