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Armstrong Ventures Builds a Long-term Solid Base: A Stronger Market Expected

Sep 02 2014 @ 04:09
Armstrong Ventures stock (LSE:AVP), which is very cheap, has been building a long-term solid base for several months. This is a kind of the market environment that some veteran speculators would like to watch; they would like to act on it as soon as the price signals there is an opportunity. This is a flat […]
 

EURJPY performing pullbacks at the 200-day moving average (H1 chart)

Sep 01 2014 @ 19:47
The EURJPY is finding resistance in the 200-day moving average in the H1 chart. This pair is consolidating above the daily pivot point level of 136.89, so that the next objective in the bullish road would be the resistance level of 137.13. On the other hand, if the EURJPY manages to make a breakout at […]
 

Daily analysis of major pairs for September 1, 2014

Aug 31 2014 @ 19:20
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 […]
 

Weekly Trading Forecasts on Major Pairs (September 1 - 5, 2014)

Aug 28 2014 @ 20:30
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 […]
 

NZDUSD finding resistance at the 200-day moving average in H1 chart

Aug 28 2014 @ 20:01
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 […]
 

Monthly Technical Reviews on Gold and Silver (September 2014)

Aug 27 2014 @ 06:13
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 […]
 

Monthly Forecast on Gulf Keystone (September 2014)

Aug 26 2014 @ 17:53
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 […]
 

Keep on Selling Tesco Shares!

Aug 26 2014 @ 17:42
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 […]
 

EURGBP remains bearish below the level of 0.7961 (H1 Chart)

Aug 25 2014 @ 19:35
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 […]
 

Gap Trading Signals (August 25 – September 8, 2014)

Aug 25 2014 @ 18:49
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 […]
 
 
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