Financial Guides

Pound Sterling While the Pound began the week trading in the region of multi-month highs against both the US Dollar and Euro, the British asset broadly softened on Thursday as an unexpected decline in UK retail sales dented investor confidence in the nation’s economic recovery. To ask a currency expert a question direct, click HERE […]

Naibu Global stock (LSE:NBU) may soon trend downwards significantly, especially if the distribution territory at 70.00 acts as a barrier to the current bullish attempt, which is expected to be short-term in nature. Looking at the chart, it can be seen that 4 EMAs are used – EMAs 10, 20, 50 and 200. The color […]

On Goldstone Resources market (LSE:GRL) the southward breakout that occurred within the last two months proved to be a false one. The price then moved back inside the Trendlines, later breaking the upper Trendline to the upside, and trading further upwards in a turbulent manner. What happen in other businesses are not what happen in […]

It is interesting that some currency pairs and crosses opened with conspicuous gaps this week. This means that there would be directional movements in the markets sooner or later. EURUSD: This pair opened with an upwards gap on Sunday, and it has been trending downwards since then. Should this downward attempt continue, it would be […]

The Cable was bullish throughout last week; moving significantly upwards without much retracement. The distribution territory at 1.5900 is thus an easy target. EURUSD: This pair is still caught in a bullish bias in spite of the turbulent consolidation that is presently going on. It is very much likely that when the momentum is gathered, […]

LEARN FROM GENERALS OF THE MARKETS – PART 36 “If you want to improve your trading you have to control yourself.” – Norman Welz William J. O’Neil was delivered as a bouncing baby boy in March 25, 1933, in Oklahoma City. He grew up in Texas. In Dallas, Texas, he attended Woodrow Wilson High School. […]

What is happening on Anglo Asian Mining stock (LSE:AAZ)? The market has long been showing deadly struggle between bulls and bears; plus the bulls are currently gaining upper hands. Wouldn’t it look better if the bears accept reality and stop struggling? A blind man who is keeping malice with the housekeeper would suffer by wandering […]

The condition on Red Rock Resources (LSE:RRR) is currently perfect for long trades. After a prolonged bear market which ended at the end of July 2013, the price has been trending upwards till now. Chart readings that are focused on smaller timeframes would subject one to too much confusing noise, and that is why it […]

Every evening Americans turn on their TV’s to catch up on the news of the day.  Among the top five headlines of the day, there is inevitably something like this:  “The Dow Jones Industrial Average was up 32 points today on news that . . .”  For the average American, that’s the most attention that […]

The JPY pairs started this week with upwards gaps, and since then, they have been making bullish attempts. EURUSD: This pair has rejected the recent bearish threat on it. The price moved upwards on Monday, breaching the resistance line at 1.3250 to the upside and trading above it. The Williams’ % Range has supported a […]