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AUD/USD still on the bullish road

May 07 2014 @ 02:27
The AUD/USD is very strong in the current bullish trend, so this pair is expected to continue to make bullish for the rest of the week movements. The aussie is forming a bullish pattern above the pivot point level of 0.9329. The next target for this pair is the resistance level of 0.9388. If AUD/USD […]
 

EUR/JPY in a bullish correction that strengthen the bearish bias

May 06 2014 @ 02:00
The EURJPY is making a bearish rebound in 200 SMA. This pair is making a corrective movement in its current bearish trend, so it is very likely that the EURJPY consolidate below the pivot point level of 141.61. If the pair manages to make a breakout in the support level of 141.38, the next target […]
 

JPY Pairs Pullbacks Trading Signals (May 5 - 9, 2014)

May 05 2014 @ 18:13
Instrument: USDJPY Order: Buy Entry date: May 5, 2014 Entry price: 102.153 Stop loss: 101.132 Take profit: 104.132 Instrument: AUDJPY Order: Buy Entry date: May 5, 2014 Entry price: 94.746 Stop loss: 93.709 Take profit: 96.709 Instrument: CADJPY Order: Buy Entry date: May 5, 2014 Entry price: 93.264 Stop loss: 92.224 Take profit: 95.224 Instrument: […]
 

Daily analysis of major pairs for May 5, 2014

May 04 2014 @ 19:54
The Cable remains a bull market. The distribution territory at 1.6900 would soon be breached to the upside. EUR/USD: This is a bull market in spite of the volatile movement that was experienced last Friday. The support lines at 1.3850 and 1.3800 would proffer some difficulties for the bears, especially when they try to push […]
 

Weekly Trading Forecasts on Major Pairs (April 5 – 9, 2014)

May 01 2014 @ 18:49
Here’s the market outlook for the week: EURUSD Dominant bias: Bullish In order to generate optimal profits, some tact is required in handling the market. This is a bull market but the bias is not very strong. The tug of war between the bull and the bear has resulted in serious upswings and downswings in […]
 

The Blatant Realities of Trading – Part 1

Apr 30 2014 @ 16:42
“You’re battling your fear, your greed, your hope. All those human emotions are your challenge.” Forex trading is as rewarding as it’s challenging. For those who’ve mastered the art of trading, it’s an unlimited ATM machine. However, certain conditions must be met before the ATM machine can be unlocked. According to one writer, you don’t […]
 

There is money to be made on Globo

Apr 30 2014 @ 05:45
Globo shares (LSE:GBO) are bearish, but the price seems to have reached some rock-bottom at the accumulation territory of 40.00. Around that territory, the market is volatile and bearish pulls have been sharply rejected. The trend cannot go down forever, for no hen will be unfortunate enough to lay black eggs. We are watching the […]
 

Monthly Forecast on Gulf Keystone (May 2014)

Apr 30 2014 @ 05:35
Gulf Keystone stock (LSE:GKP) is bearish in the medium-term and bullish in the long-term. The bearish bias is strong enough to make the bear profitable and to make the bull anxious. When the recent bearish bias began, it was thought that things would change as the price tested one support level after the other. However, […]
 

NZD/USD is trying to form a bullish pattern above 200 SMA

Apr 30 2014 @ 01:26
In the last hours, the NZD/USD has been rising above the pivot point. The kiwi is trying to form a bullish pattern below the resistance level of 0.8565 to allow for a breakout at that level. If successful, the next target would be the resistance level of 0.8580, where the 200 SMA is located. Moreover, […]
 

EUR/GBP is above the pivot point and strong in the bullish bias

Apr 28 2014 @ 23:56
EUR/GBP has tried to consolidate above the 200 day moving average in recent days. This pair is moving above the pivot point level of 0.8233, and now it is very likely that the EUR/GBP attempt to climb to the resistance level of 0.8250. If the pair manages to make a breakout at that level, the […]
 
 
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