Mar 17 2014 @ 03:24
Since the USD/JPY is extremely bearish, we are looking forward to selling rallies on it this week. EUR/USD: The bias on this pair is bullish, and the price is expected to trend higher this week. The possibility of pullbacks cannot be ruled out, but the threats should be contained at the support lines of 1.3850 […]
Mar 14 2014 @ 05:54
Here’s the market outlook for the week: EURUSD Dominant bias: Bullish This pair is a bull market irrespective of the recent pullback on it. The pullback is just a good opportunity to go long when the price is on sale and in the context of an uptrend. Our target remains at the resistance line of […]
Mar 14 2014 @ 00:37
AUD/USD is finding support below the pivot point. Now, the aussie is trying to make a bullish rebound on the 200 day moving average, which is below the pivot point at the level of 0.9039. If the pair manages to consolidate below that level would be expected to fall to the support level of 0.8976. […]
Mar 13 2014 @ 08:40
“Let’s face facts. Traders with huge trading fortunes only exist because they started doing small things. Once they got the little things right – they catapulted towards success.” – Caroline Stephen Some decades ago, many people went to school to get knowledge. But nowadays, most people go to school so that they can get jobs […]
Mar 12 2014 @ 20:46
The Kiwi remains above the pivot point at the level of 0.8495 and now, the next target is the resistance level of 0.8552. If the pair manages to make a breakout at that level, the next target would be the resistance level of 0.8581. On the other hand, if this pair makes a bearish rebound […]
Mar 12 2014 @ 00:12
Amazon.com shares (
NASDAQ:AMZN) have been caught in a bullish convergence. The price was recently going upwards, though there is now a pullback in the market. The appearance of the ADX period 14 shows a volatile sideways movement which is being pulled by the bears. To explain further, the MACD histogram is above the zero line; […]
Mar 12 2014 @ 00:03
For Chevron stock (
NYSE:CVX), it is a tug of war between the bulls and the bears, which may result in the bull’s victory, as shown in the chart. While it fails to close below it, the price is hovering almost above the EMA 21. The Williams’ % Range period 20 is a kind of neutral, […]
Mar 10 2014 @ 22:02
EUR/GBP continues to strengthen in the bullish bias and above the 200 SMA. This pair remains above the pivot point at the level of 0.825. Now, if the pair manages to make a breakout on the resistance level of 0.8359, next target would be the resistance level of 0.8383. On the other hand, if the […]
Mar 10 2014 @ 18:20
Instrument: USDJPY Order: No signal Entry date: Entry price: Stop loss: Take profit: Instrument: AUDJPY Order: Buy Entry date: March 10, 2014 Entry price: 93.179 Stop loss: 92.183 Take profit: 95.183 Instrument: CADJPY Order: Buy Entry date: March 10, 2014 Entry price: 92.990 Stop loss: 91.996 Take profit: 94.996 Instrument: CHFJPY Order: No signal Entry […]
Mar 09 2014 @ 23:35
Last week, it was rightly predicted that there would be significant movements on the JPY pairs. The pairs moved significantly upwards, breaching more and more supply levels. There are currently pullbacks in the markets, but the uptrends would continue this week. EUR/USD: After much dithering, this market has been able to bring about an established […]