Aug 16 2013 @ 08:00
Daily chart: Finally, due to the uncertainty in Egypt, the CL broke the resistance at 106.70 level and is consolidating above it. It is very likely that the CL prolong their rise to resistance at 109.93 level. However, we must bear in mind that the uncertainty could also cause the CL fall and start strengthening […]
Aug 15 2013 @ 08:01
Daily chart: The USDX has rebounded in the 200 day moving average near the 81.81 level. Now, the USDX is trying to break the support at the 81.50 level and this could be a possible continuation of the overall bearish trend in the USDX, so this drop could be extended to the support level of […]
Aug 15 2013 @ 08:00
Daily chart: USDJPY has made a bearish rebound in resistance at the level of 98.25. Now, this pair has touched the support at 97.59 level and if it break, is expected to fall to the level of 96.38. However, this can be the formation of a lower high pattern and if the USDJPY managed to […]
Aug 15 2013 @ 06:12
@UK shares (
LSE:ATUK) has been going north in what is likely the beginning of a long-term bullish trend. Here, the bear got no chance, for the bull is in control. Would the dog ever waylay the tiger? On the chart, the ADX period 14 is hovering around the level 60 (meaning that the buying pressure […]
Aug 15 2013 @ 05:59
Rare Earth Minerals stock (
LSE:REM) is on the rise. Soon, it would become the rise and rise, based on the chart analysis explained here. The stock was recently caught in some kind of bearish run which dragged on for several months. It was a kind of consolidation to the downside. Since August 2013, the price […]
Aug 14 2013 @ 08:05
Daily chart: CL is forming a lower high pattern, below the resistance level at 106.70. Is likely that the CL will find resistance at this level, however, there is also the possibility that it may break, because the CL is very strong in its current bullish trend. If the CL manages to break that level, […]
Aug 14 2013 @ 08:00
Daily chart: This pair continues to fall below the 200 day moving average and is about to touch the support level at 1.5407. This level is very important in the GBPUSD’s bullish trend, because this could slow the current drop of this pair, but if the force bearish break reaches this level, it is expected […]
Aug 13 2013 @ 08:35
Daily chart: The USDX is trying to break the resistance at 81.50 and if it succeeds, it is expected to rise to the level of 82.51, in the medium term. However, we must emphasize that it is very likely that the USDX is forming a higher low pattern, to continue falling. If the USDX makes […]
Aug 13 2013 @ 08:15
Daily chart: The GBPUSD bounced off the resistance level at 1.5506 and now this pair is falling below the 200 day moving average and is expected to fall to support at the 1.5407 level. If the pair manages to break that level, it is expected to fall to the level of 1.5266. However, the bullish […]
Aug 13 2013 @ 05:55
The JPY pairs have been caught in significant bullish movements as more and more supply levels are being breached to the upside. EURUSD: The EURUSD is still in a bullish mode, irrespective of the fact that the bullish outlook is in a serious jeopardy. It can be seen that the price currently rests on the […]
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