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Daily Trading Forecasts - 04/10/2013

Oct 04 2013 @ 01:43
In the face of the general weakness of the greenback, the EURUSD has been able to move upwards this week. EURUSD: In the face of the general weakness of the greenback, the EURUSD has been able to move upwards this week. The price has moved upwards by roughly 140 pips. There is a possibility that […]
 

NZD/USD is strengthening the bullish trend on the daily chart

Oct 04 2013 @ 00:24
The NZD/USD looks to consolidate above the 200 day moving average, so the bullish outlook is kept alive. The kiwi is forming a lower high pattern below the resistance level of 0.8380. If the pair manages to break that level, it is expected to rise to the level of 0.8528. On the other hand, the […]
 

Mobile Streams: Hopeless Shares

Oct 03 2013 @ 08:26
Mobile Streams shares (LSE:MOS) are hopeless at the present. Looking at the recent historical data, one would see that buy-and-hold investors are suffering in this market. The bulls are heavyhearted and would be advised to smooth their orders before the shares become brutally oversold; just as they were in June 2013. Short trades would reap […]
 

Physiomics is a Buy Candidate

Oct 03 2013 @ 08:10
Physiomics stock (LSE:PYC) broke upwards significantly from its long-term range which had been holding out for many months. Whether this is seen as an irrational spike or a phenomenon that would be sustained, the astute buyers intuit it as a great trading opportunity while some bears wade in their pabulum, as far as the price […]
 

The EUR/JPY could find support in the next few hours

Oct 02 2013 @ 00:02
The EUR/JPY is about to play the bullish trend line, where it could find support. The EURJPY has been strengthening its current bearish trend on the daily chart, but we must be alert to a possible rebound bullish trend line on there near the current price of this pair. In case of the bullish rebound, […]
 

Daily Trading Forecasts for October 1, 2013

Oct 01 2013 @ 02:36
The JPY pairs opened with gap-downs and later rebounded upwards. The outlook on the JPY pairs for this week is thus bullish. EURUSD: The EURUSD is a bull market, with the possibility that the market would keep on going upwards (though not without bearish retracements). The price line at 1.3550, which has been tested constantly […]
 

The AUD/USD continues to fall and still can not find a solid support

Sep 30 2013 @ 23:50
The aussie continues to fall below the resistance level at 0.9349. The AUD/USD is forming a higher low pattern and is likely to fall to support at the 0.9201 level, to fill the gap that this left a few weeks ago. On the other hand, if the pair managed to break the resistance at the […]
 

Daily Trading Forecasts

Sep 29 2013 @ 19:06
After much consolidation, the markets ended the last week trending according to the dominant biases. EURUSD: This pair closed at 1.3522, being in a bullish mode. The price trended upwards last week, and it is supposed to do so this week. Although this would not be without serious struggle between buyers and sellers, it is […]
 

The NZD/USD could have a bullish momentum

Sep 27 2013 @ 15:03
The NZD/USD has made a bullish rebound on the 200 day moving average, which could strengthen the overall bullish trend of this pair. The kiwi has made a rebound on the support at the 0.8263 level and now this pair is going up towards resistance at the 0.8290 level. If the pair manages to break […]
 

Daily Trading Forecasts for September 27, 2013

Sep 26 2013 @ 17:00
This week is best described as being indecisive and turbulent, as far as the dominant biases are concerned. EURUSD: The EURUSD is in a bullish mode, but not really decisive in its movement. The price even could not touch the resistance line at 1.3550, although there is possibility that the line would be tested on […]
 
 
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