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Daily analysis of major pairs for June 30, 2014

Jun 29 2014 @ 19:21
Since the EUR is strong and the USD is weak, it is no wonder that the EUR/USD pair is making some commendable bullish efforts. Currently, the resistance line at 1.3650 is under siege. The price would break that resistance line to the upside. EUR/USD: This is a bull market, which should continue to be bullish. […]
 

Weekly Trading Forecasts on Major Pairs (June 30 – July 4, 2014)

Jun 27 2014 @ 15:38
Here’s the market outlook for the week: EURUSD Dominant bias: Bullish This pair is now in an uptrend, though the movement is tardy and shaky. The price has been very volatile as the bulls and the bears fight for control. As a result of the Bullish Confirmation Pattern in the market, it is more likely […]
 

The Most Important Goal in Trading

Jun 26 2014 @ 06:20
“Being profitable in the long run with trading, and all investing for that matter, is about cutting losses and letting profits run. Although it’s a hearsay thing of ages, statistical expectancy actually proofs the saying mathematical. It’s not about being right or wrong but handling both profits and losses well.” – Dirk Vandycke Whether you’re […]
 

NZDUSD strong bullish momentum above the 0.8716 level

Jun 25 2014 @ 22:50
The NZDUSD has had a bullish momentum above the daily pivot point level of 0.8719. Now the Kiwi is trying to make a breakout on the resistance level of 0.8769. If successful, it is expected to rise to the level of 0.8796. On the other hand, is expected to fall to the level of 0.8716 […]
 

Empyrean Energy – An Established Bull Market

Jun 25 2014 @ 10:23
Empyrean Energy stock (LSE:EME) is in a long-term bullish trend. The bullish trend is not expected to end soon, since there could only be consolidation and bearish correction phases in the markets, after which the trend would resume. It is clear that the bullish outlook started before this year: the trend in this year has […]
 

Monthly Forecast on Gulf Keystone (July 2014)

Jun 25 2014 @ 10:13
Gulf Keystone shares (LSE:GKP) are in a major downtrend; though the price has been consolidating to the downside since April 2014. The downside consolidation is very slow and tardy because the bears themselves have not made substantial gains since April 2014. The ADX period 14 is almost below the level 20 (showing that the market […]
 

EURJPY trying to perform a bullish rebound at the 200 SMA (H1 Chart)

Jun 24 2014 @ 22:55
The EURJPY is trying to make a bullish rebound above the 200 SMA, which is located below the pivot point level of 138.68. If the pair manages to make a breakout in the support level of 138.46, the next target would be the level of 138.21, which would begin a strong bearish trend. On the […]
 

Gold and Silver May Go Further Upwards After the Present Consolidations

Jun 23 2014 @ 20:17
GOLD (XAUUSD) Dominant Bias: Bullish Gold has bottomed at 1240.50 because it has moved from there upwards, testing the supply zone at 1321.50. This is an upward move of over 7600 points in a few weeks. The price may go further upwards; but as it is normally expected, it may first pull back (either in […]
 

Daily analysis of major pairs for June 23, 2014

Jun 22 2014 @ 23:14
On Friday, June 20, 2014, the EUR/JPY cross closed at 138.81on a bullish note. The bullish signal is valid and the movement above the demand level at 138.50 supports the possibility of the price going higher. EUR/USD: This pair was able to generate a ‘buy’ signal last week. But there is now a dip in […]
 

EURGBP strong in the current bearish trend below 200 SMA

Jun 22 2014 @ 22:26
The EURGBP is strengthening the current bearish trend, because this pair has consolidated below the 200 SMA. Now, the EURGBP is trying to stay below the pivot point level of 0.7985, so the next target would be the support level of 0.7974. If the pair manages to make a breakout at that level would be […]
 
 
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