07 Mar 2015 @ 08:53
Here’s the market outlook for the week: EURUSD Dominant bias: Bearish The bullish expectation on EURUSD has not materialized, for price dropped by over 300 pips. Indeed, last week saw the weakest movement on EURUSD since February 2015. Price has closed below the resistance line at 1.0850 and it could even reach the support lines […]
05 Mar 2015 @ 23:18
Amazon shares (
NASDAQ:AMZN) is currently racing north, and this is a bias that should continue this year. The bullish strength began in January and became particularly stronger at the end of January 2015. Since February, the price has gone further north and it is now consolidating. The consolidation is a normal reduction in the momentum […]
05 Mar 2015 @ 23:13
Intrexon Corporation stock (NYSE:XON) is a strong market and the strength is expected to continue for most of this year. The price was bullish for most part of the last year – an action that has continued till now. Intrexon Corp stock has broken out of the upper Trandline, showcasing a bullish determination. At the […]
05 Mar 2015 @ 12:28
The S&P 500 fell for a second consecutive day on Wednesday taking the index back below the 2,100 level. The Nasdaq and Dow Jones Industrial Average both finished lower by similar amounts as nearly all stock market sectors finished in the red. Declines were felt across the board, except in the healthcare sector where major […]
05 Mar 2015 @ 12:20
At the H1 chart, the AUDUSD is showing weakness below the daily pivot point level of 0.8171. In the near term, the bears could start to dominate the Aussie’s trend and if the pair breaks the support level of 0.8136, it would be expected to fall until the level of 0.8069. It should be noted […]
04 Mar 2015 @ 22:56
“When I was 20 to 25 years younger, every move in the markets would make me excited. By the mid-90s, I got my emotions under control. I learned to focus on eliminating risk on the front end, so that I would have fewer problems on the back end.” – David J. Merkel Mr. Liam* was […]
03 Mar 2015 @ 22:51
USDJPY = Buy AUDJPY = Buy CADJPY = Buy CHFJPY = Buy EURJPY = Buy GBPJPY = Buy NZDJPY = Buy 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 […]
03 Mar 2015 @ 11:09
The EURJPY is finding support at the level of 133.52, as the pair stays alive in the bearish outlook below the 200 SMA. In case it breaks that support zone to the downside, the next target is located at the level of 133.29, but before, we should see a lower low pattern formation. In the […]
02 Mar 2015 @ 21:02
GOLD (XAUUSD) Dominant Bias: Bearish Gold was bearish for the most part of the last month and there is a possibility that it would continue to be bearish this month. There has been a series of higher lows and lower lows in the market and the current higher low may be another opportunity to sell […]
02 Mar 2015 @ 05:58
The EUR/JPY trended downwards last week, owing to the weakness in the EUR. The price tested the demand zone at 133.50 and further bearish movement was rejected around that place. There is now a faint bullish effort in the market and the supply zones at 135.00 and 135.50 can be attained this week. The outlook […]
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