Jun 23 2013 @ 22:36
Last week, the GBPUSD was very bearish, making consolidation movements below the 200 day moving average. The GBPUSD is forming a higher low pattern, trying to break the support at the 1.5382 level. If the GBPUSD manages to break this support, it is expected to fall to the level of 1.5229. On the other hand, […]
Jun 23 2013 @ 18:02
There have been sharp reversals in the markets, as the EUR, GBP and other currencies got weakened. All JPY pairs have rallied: there are confirmed new biases in the markets. As some instruments plummet further, more bearish pressure would be experienced and positions are smoothed as people show the white feather when they are risk-averse. […]
Jun 22 2013 @ 16:03
Yes, believe the news, for it’s about real events. The only problem is that the effect on the markets may sometimes go against what people expect. I think candlestick trading is awesome in the short-term, and as a result of this, one needs to consider it for intra-day trading and exit once there is a […]
Jun 21 2013 @ 02:51
Which Opinions Are Correct? The trading world is full of too many different ideas that are hyped excessively. Many a professional often asserts that her/his own trading idea is the best. Many traders breathe intraday trading, and many endorse investing. Some worship tape reading, while some idolize Fibonacci ratios. Some use supply and demand levels […]
Jun 19 2013 @ 21:08
In yesterday’s session, EURUSD fell over 100 pips, invalidating the bullish outlooks that were proposed in previous articles for this pair. The EURUSD dropped to support at the level of 1.3274, after the United States, the Fed chairman, Ben Bernanke, gave a press conference where he spoke optimistically about the U.S. economy and therefore, the […]
Jun 18 2013 @ 03:29
There is a clean indication that ITM Power shares (
LSE:ITM) would sustain the bullish bias it has already started. In the last few months, the price has refused to go below the support level of 35, and therefore, the present situation is favorable to buyers. Looking at the chart, it would be seen that the […]
Jun 18 2013 @ 02:57
Arian Silver stock (
LSE:AGQ) now tries to find some bottom after an over-extended bear market. Could this be the beginning of a protracted rally or could it be just a pause in the context of a downtrend? The answer to the next possibility is given below, plus it pays to check the price data constantly […]
Jun 18 2013 @ 01:35
The Aussie continues to forming important bearish patterns forming for further define the trend in the long term. The AUDUSD continues forming a lower high pattern in the daily chart above the support at the 0.9489 level. If the aussie manages to break this level, it is expected to fall to support at the 0.9385 […]
Jun 16 2013 @ 20:05
The GBPUSD continues to strengthen its bullish trend in the long term, but we must be aware of the significant levels of resistance that are in the way. GBPUSD is forming a lower high pattern ressistencia below the level of 1.5726. If the cable does break the resistance,would be expected to rise to the level […]
Jun 16 2013 @ 19:12
The currency market instruments have been moving in a determined and predictable manner. The JPY pairs have been very weak, while the GBP and the EUR are strong. The USD is weak. However, there could soon be some pullbacks in the bullish biases (no space shuttle can go upwards indefinitely). The pullbacks could be temporary […]