Nov 18 2013 @ 01:30
The Cable is now trading above the accumulation territory of 1.6100, in what is called a bullish mode. This week, the price may reach the distribution territory of 1.6200, even possibly breaching it to the upside. EURUSD: There is not yet a clear signal on the EURUSD, but it is much more likely that the […]
Nov 15 2013 @ 15:27
LEARN FROM GENERALS OF THE MARKETS – PART 40 “True success is the only thing that you cannot have unless and until you have offered it to others.” Charles Thomas Munger was delivered as a baby boy on January 1, 1924, in Omaha, Nebraska, USA (Warren Buffet is also a native of Omaha). He’s a […]
Nov 14 2013 @ 22:04
The EUR/JPY has strengthened in the current bullish trend and is likely to continue to rise for the rest of the week. This pair has a strong bullish rebound on the moving average of 200, which gave a great impetus to consolidate the current bullish trend. During yesterday’s session, the EURJPY broke the resistance at […]
Nov 12 2013 @ 02:46
In a strong bullish bias, the USDJPY has moved upwards by over 70 pips this week. The price is currently trading above the demand level of 99.50 (which was an intermediate target for Monday), going towards the supply level of 100.00. EURUSD: There is still a Bearish Confirmation Pattern on the EURUSD, and the price […]
Nov 11 2013 @ 22:55
The Aussie continues extending its drop below the 200 day moving average. AUD/USD is trying to break the support at the 0.9339 level. If successful, it is expected to fall to the level of 0.9280. On the other hand, if this pair achieves to consolidate above the 0.9339 level, would be expected to rise again […]
Nov 10 2013 @ 17:23
Last week, the USDCHF almost tested the resistance level of 0.9250 twice. The price, which is bullish, would still likely test the resistance level again this week and possibly overcome it. EURUSD: This pair closed at 1.3368 on Friday, having tested the support line of 1.3300 once in the last week. That support line would […]
Nov 09 2013 @ 01:59
“For some traders, it takes many years of disappointment before they finally become successful. Only those few who never give up tend to achieve success.” – Joe Ross The Blue Pill, the Red Pill In order to be the best trader you can be, you need the red pill, not the blue pill. What are […]
Nov 05 2013 @ 01:15
USDCHF has pulled back from the resistance level of 0.9150. The price is now challenging the support level of 0.9100. EURUSD: This pair has bounced upwards from the support line of 1.3450, but this is supposed to be a rally in the context of an uptrend. The rally should not go beyond the resistance line […]
Nov 03 2013 @ 23:25
The AUD/USD remains bearish trend on a very weak due to its proximity to the 200 day moving average. The Aussie is trying to form a lower high pattern above support at the 0.9474 level. If this pair manages to break the resistance level of 0.9517, it is expected that rises to the resistance level […]
Nov 03 2013 @ 21:27
The reality on the EURUSD chart brings two possibilities: either this is a temporary pullback or the beginning of a new downtrend. EURUSD: The reality on the EURUSD chart brings two possibilities: either this is a temporary pullback or the beginning of a new downtrend. This is a bone of contention among traders, but the […]
Trade smarter, not harder: Unleash your inner pro with our toolkit and live discussions.
Hot Features
Premium
