31 Aug 2014 @ 23:20
The USD/CHF has been able to stay above the support level at 0.9150. In fact, the price is now trading upwards, going towards the resistance level at 0.9200. That is the target for this week. EUR/USD: With the clean Bearish Confirmation Pattern in the market, this pair has the potential to move further southward. One […]
29 Aug 2014 @ 00:30
Here’s the market outlook for the week: EURUSD Dominant bias: Bearish This pair is still currently bearish, but it is forming a base. A base is a kind of consolidation that precedes a breakout. With more weakness in the Euro, the price could reach the support lines at 1.3100 and 1.3050. Meanwhile, any rallies along […]
29 Aug 2014 @ 00:01
The NZDUSD has made a pullback in the moving average of 200. This pair has found resistance in the daily pivot point level of 0.8383 by what this pair could fall up to the support level of 0.8361. If the NZDUSD manages to make a breakout at that level, would be expected to fall until […]
27 Aug 2014 @ 10:13
GOLD (XAUUSD) Dominant Bias: Bearish Contrary to the assumption that Gold would be bullish, its price has gone downwards significantly within the last 2 weeks. There is now a Bearish Confirmation Pattern in the market and the market can continue to be weak. There are support levels at 1275.00 and 1265.00, which would serve as […]
26 Aug 2014 @ 21:53
GULF KEYSTONE SHARES RALLY The shares (
LSE:GKP) were trending downwards till the early part of August 2014. That was when the price hit a rock bottom around the demand level at 60.00. After this, the price begins to rally – something that is still valid up till now. In the chart, the price broke above […]
26 Aug 2014 @ 21:42
Tesco stock (
LSE:TSCO) has been dropping like a stone for most of this year, although the price has kind of consolidated around the months of April, May and June 2014. Since then, the price has broken out to the downside, trending south. This southward trend is likely to continue. Here, we use 4 EMAs. They […]
25 Aug 2014 @ 23:35
The EURGBP is forming a bearish pattern below the daily pivot point level of 0.7961 in H1 Chart. Now, this pair has formed two Fractals near 0.7950 level, which could cause the EURGBP make a rebound and climb up to the resistance level of 0.7972. If the EURGBP manages to make a breakout at this […]
25 Aug 2014 @ 22:49
Note: All the trades below were entered on August 25, 2014. If you’d trade the signals, they mustn’t be entered later than 7.00 AM GMT on August 26, 2014. Gap trading offers unique trading opportunities when they happen on hourly charts and on many currency pairs and crosses simultaneously. In the year 2011, there were […]
24 Aug 2014 @ 23:35
The USD/JPY has already tested the supply level at 104.00. Should that supply level gets breached to the upside, the next target in the chart would be the supply level at 104.50. EUR/USD: This pair has been able to continue its southward journey. As it was accurately forecasted, the last rally in the market proffered […]
24 Aug 2014 @ 22:34
The AUDUSD encountered resistance near to the 0.9331 level, so now, this pair is consolidating below the 200-day moving average. If the AUDUSD manages to make a breakout at the support level of 0.9295, it would be expected to fall to the level of 0.9275. However, this pair could perform a rebound at current levels […]
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