Technical Analysis

LEARN FROM THE GENERALS OF THE MARKETS – PART 54 “I’ve found that the more focused I am on trading and living a successful life, the fewer groups I actually fit into.” – Louise Bedford Kenneth Griffin was born in 1968, Florida, USA. He’s an American trader and funds manager. He attended Boca Raton Community […]

The EURGBP has made a pullback to the resistance level of 0.7903, and now the pair is trying to consolidate below the 200 SMA. This pair has been prevented to progress in the bullish trend in the short term, because the daily pivot point level of 0.7894 is very strong, so it is very likely […]

The S&P 500 advanced 1.19% on Tuesday, putting the index within 1.5% of another record high as US corporate earnings topped expectations and US consumer confidence beat expectations. Equities were also boosted by a rebound in Emerging Markets, led by Brazil, as traders bet that the recent election-result selloff was overdone. Earnings According to data […]

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 […]

AUDCAD = Sell USDCAD = Sell EURCAD = Sell CADJPY = Buy CADCHF = Buy GBPCAD = Sell NZDCAD = 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 […]

Urals Energy shares (LSE:UEN) had always been a hopeless equilibrium market. For most part of this year, the market has been moving in a very tight consolidation, until the price rallied massively at the beginning of October 2014. Some people may call that a spike. In the chart, the ADX period 14 is above the […]

President energy stock (LSE:PPC) was a volatile market which was trending downwards about a few months ago. But recently, things have gone bullish, plus the pullback that is currently happening in the market is a good opportunity to go long. When people are concerned about what is happening now, they would like to see recent […]

GOLD: Since July 2014, Gold has been very weak. This market dropped seriously from the month of July 2014, testing the support level at 1182.94 in October 2014. Since then, the market has been making some serious attempts to go bullish. The market is thus bullish in the medium-term, but bearish in the near-term. The […]

The AUDUSD remains above the daily pivot point level of 0.8873, because this pair is forming a bullish pattern. The next target in the bullish trend for the AUDUSD is the resistance level of 0.8907, given that this pair remains above the moving average of 200. However, the AUDUSD may fall back to the support […]

On Friday, October 24, 2014, the USD/JPY closed above the demand level at 108.00; on a bullish note. There is a bullish signal in the market and the price may go upwards this week, reaching the supply level at 109.00. However, any possible pullbacks along the way may be contained at the demand level of […]