May 14 2015 @ 23:25
NZDUSD is currently trading in favor of the bearish bias, looking it into an intraday outlook at H1 chart. For now, we could say the 200 SMA on this timeframe is offering some kind of dynamic support and because of it, the Kiwi could perform a rebound and rise until the daily pivot point level […]
May 13 2015 @ 17:53
“Markets are simply the markets. They move up, down and sideways with or without you. I don’t believe they are out to get you or give you anything. They just do what they like. Your job, if you want to succeed, is to assess conditions and align with trends.” – Mike Melissinos Why trade? Have […]
May 13 2015 @ 02:25
President Energy stock (
LSE:PPC) is really at a critical point. This is a point in which the stock does not go either upwards or downwards, consolidating since the beginning of 2015. A breakout to the upside or the downside is expected soon on this market. While some wait for a breakout to the upside, a […]
May 13 2015 @ 02:17
Emed Mining shares (
LSE:EMED) have assumed a northward journey in the context of a downtrend and it would require further northward attempt before the downtrend can become bullish. 4 EMAs are used for the analysis and they are EMAs 10, 20, 50 and 200. The color that stands for each EMA is shown at the […]
May 12 2015 @ 21:59
We have been watching a bullish consolidation on the EURUSD above the 200 SMA at H1 chart, and it would be expected to rise until the 1.1282 level. The price action now is calling to a short term bottom possibly found at the daily pivot point level of 1.1208. If EURUSD does a breakout on […]
May 11 2015 @ 02:01
EURUSD = Sell EURCAD = Sell EURAUD = Sell EURNZD = Sell EURJPY = Sell EURCHF = Sell EURGBP = Sell 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 […]
May 11 2015 @ 01:11
This week, the event on the EUR/JPY cross would largely be determined by the strength in the EUR itself. Should EUR continue to maintain its stamina, the cross would continue its bullish journey, testing the supply zones at 136.00 and 136.50. Any significant weakness in the EUR would cause the cross to plummet. EUR/USD: This […]
May 09 2015 @ 03:53
Here’s the market outlook for the week: EURUSD Dominant bias: Bullish This pair made further bullish attempt last week, though the bears are trying hard to frustrate the attempts. The price is now above the support line at 1.1150. There are other support lines at 1.1100 and 1.1050, which should act in support of the […]
May 07 2015 @ 23:20
This pair is trading very lower and at the H1 chart, it’s consolidating inside a strong bearish path, which could do more extensions to reach new lows. The 200 SMA on this timeframe is above the current price of EURGBP and also, it’s forming a lower low pattern, looking to break the support at 0.7245, […]
May 07 2015 @ 08:38
The S&P 500 fell by -0.45% on Wednesday, taking the index to 2,080 as a broad market sell off ensued on Wall Street. Losses came as Head of the Fed, Janet Yellen, gave a speech at the Institute for New Economic Thinking’s Finance & Society Conference, questioning the current valuation of US equities. Yellen made […]