Technical Analysis

Aminex stock (LSE:AEX) has made sudden and substantial gains, breaking upwards from a long-term base that was building for several months. This is the kind of signal that professional speculators want to trade! The price is now trading far above the EMA 21 as the Williams’ % Range period 20 has already gone into the […]

GOLD (XAUUSD) Dominant Bias: Bearish Gold has been trending downwards in a significant mode since the middle of July 2014. From the supply level at 1344.80, the price has tested the demand level at 1225.50. This is a downward movement of close to 2000 points. The weakness in the market remains valid and the price […]

The EUR/JPY continues to be strong as a result of the weakness in the Yen and further bullish determination in the Euro. The Bullish Confirmation Pattern in the market is very conspicuous and one supply zone after the other has been breached. Right now, the price is moving above the demand zone at 139.00, going […]

The AUDUSD continues to strengthen the bearish trend below the 200 SMA on the H1 chart. This pair is trying to find support at 0.9270 level, though the AUDUSD could be forming a lower low pattern to fall to the support level of 0.9249, which is below the daily pivot point level of 0.9292. The […]

Here’s the market outlook for the week: EURUSD Dominant bias: Bearish The EURUSD has been consolidating recently – neither going upwards nor downwards significantly. A breakout is expected very soon, which may likely be in the direction of the dominant bias. This southward break may take the price towards the resistance levels at 1.2850 and […]

The EURJPY has consolidated above the daily pivot point level of 137.82. Now, this pair is trying to make a breakout at the resistance level of 138.35 although this area is quite front and could halt the bullish trend in the EURJPY intraday. However, this pair remains above the 200-day moving average, so it is […]

LEARN FROM THE GENERALS OF THE MARKETS – PART 52 “I have been taught the emotional pain of large losses when my ego wanted me to trade too big, and the pain of missing a huge move due to fear of entering a trade.” – Steve Burns Born in 1969, in Denmark, Tom Hougaard later […]

Nike shares (NYSE:NKE) are in a clean bullish mode amid persistent volatility. The persistent volatility shows the ongoing struggle between the bull and the bears; with the bulls clearly gaining upper hands as the bears continuously fight a losing battle. Here, 4 EMAs are used and they are EMAs 10, 20, 50 and 200. The […]

Atlas Mara stock (LSE:ATMA) has broken downwards as a result of selling pressure that takes the price below the supply zone at 10.50. This has resulted following a long period of consolidating and very thing market activities. In the chart, the price breaks below the lower Trendline, coming out from the recent consolidating and very […]

GBPNZD = Sell   GBPUSD = Sell   EURGBP = Buy   GBPCHF = Sell   GBPJPY = Buy   GBPCAD = Buy   GBPAUD = Buy   NB: Every trade could be entered with a stop loss of 100 pips and a take profit of 200 pips. The signals may become too late to […]