Technical Analysis

EURUSD = Buy EURCAD = Buy EURAUD = Buy EURNZD = Buy EURJPY = Buy EURCHF = Buy EURGBP = Buy NB: Every trade could be entered with a stop loss of 100 pips and a take profit of 200 pips. Only 0.5% is risked per trade. With an account balance of $20,000, a position […]

The EURGBP is leaving the range between 0.7857 and 0.7817 levels in the H1 chart. The EURGBP made ​​a rebound on the 200 day moving average, which is very close to the daily pivot point level of 0.7838. Now, this pair could make a breakout at 0.7878 level so the next target would be the […]

“Trading for a retail trader is the best job in the world, and if you can perform it without holding a PhD in statistics… how much time you’ve saved!” – Professor Emilio Tomasini We’d like to announce a necessary but simple change in our trading signals approach. With the new approach, a market direction for […]

Last week, the Cable dropped by over 270 pips, going below the distribution territory at 1.6000, and closing at 1.5971 on Friday (October 3, 2014). The Bearish Confirmation Pattern is now very strong and the price could test the accumulation territory at 1.5900 this week. EUR/USD: This pair has continued to be weak, breaking the […]

The AUDUSD found dynamic resistance at the 200 SMA, and now this pair is forming a bearish pattern below the daily pivot point level of 0.8707. The next target for AUDUSD in the downside would be the support level of 0.8606. However, the AUDUSD could climb back to the resistance level of 0.8707. If the […]

Here’s the market outlook for the week: EURUSD Dominant bias: Bearish The EUR is now one of the weakest currencies among the majors, while the USD is the strongest currency among the majors. Hence, the EURUSD dropped sharply again last week, dropping below the resistance line at 1.2550. Further downwards movement may cause the price […]

The EURJPY is consolidating above above the daily pivot point level of 137.31 being the next target the resistance level of 137.74. If the EURJPY manages to make a breakout at that level would be expected to rise to the level of 138.15, which would be an approximation to the 200 SMA on the other […]

As I have explained many times in the past twelve months, the bull market of 2009-2014 is coming to an end.  I have written a number of articles on ADFVN about the impending reversal in global stock markets. Yes, I know there is a large proportion of bulls, I don’t have the exact number but […]

Gulf Keystone stock (LSE:GKP) is still a bear market. The bearish outlook has been strengthened and buyers have often been deceived by false rallies which proved to be bogus signals. The futile bullish attempts have failed to make any significant impact on the market, for the bearish sentiment has overwhelmed the bulls. You cannot make […]

Traveler’s Companies shares (NYSE:TRV) are expected to rally again and become strong for the rest of the year 2014. This has been a strong market for most of this year, plus deep corrections have been followed by nice rallies. For this analysis, the EMA 21 and the Williams’ % Range period 20 are used. The […]