Mar 11 2015 @ 08:49
The bearish bias continues to be very solid at the H1 chart in the EURUSD, as the pair is trading below the resistance level of 1.0641 Also, the EURUSD is located below the daily pivot point level of 1.0748, forming a lower low pattern and looking to reach the support zone of 1.0478. In the […]
Mar 10 2015 @ 02:34
Ali Baba stock (
NYSE:BABA) tried to go upwards in the year 2014, but it later broke downwards and assumed a long-term bearish bias. Up till now, the bias is bearish and this is supposed to continue. In the chart, the ADX period 14 is at the level 40, showing the strength of the current bias. […]
Mar 10 2015 @ 02:17
Standard Chartered Bank shares (
LSE:STAN) have the possibility of going upwards this year. The market was under pressure last year, consolidating towards the end of that year and in the beginning of this year. Now, the market has broken upwards as it is ready to journey northward. The price is above the EMA 21 and […]
Mar 09 2015 @ 08:36
We’re still watching a solid bearish trend on the EURGBP, as the pair is trying to reach new lows and the next support is located at the level of 0.7181. If the EURGBP breaks that level to the downside, it would be expected to fall to the level of 0.7156. In the other way, the […]
Mar 08 2015 @ 18:59
The EUR/JPY dropped by over 350 pips last week, resulting in a strong Bearish Confirmation Pattern in the market. One reason for this is the weakness in the EUR. Unless the EUR gains some stamina, this cross will continue to drop further south, reaching the demand zones at 130.00 and 129.50. EUR/USD: This pair has […]
Mar 07 2015 @ 03:53
Here’s the market outlook for the week: EURUSD Dominant bias: Bearish The bullish expectation on EURUSD has not materialized, for price dropped by over 300 pips. Indeed, last week saw the weakest movement on EURUSD since February 2015. Price has closed below the resistance line at 1.0850 and it could even reach the support lines […]
Mar 05 2015 @ 18:18
Amazon shares (
NASDAQ:AMZN) is currently racing north, and this is a bias that should continue this year. The bullish strength began in January and became particularly stronger at the end of January 2015. Since February, the price has gone further north and it is now consolidating. The consolidation is a normal reduction in the momentum […]
Mar 05 2015 @ 18:13
Intrexon Corporation stock (NYSE:XON) is a strong market and the strength is expected to continue for most of this year. The price was bullish for most part of the last year – an action that has continued till now. Intrexon Corp stock has broken out of the upper Trandline, showcasing a bullish determination. At the […]
Mar 05 2015 @ 07:28
The S&P 500 fell for a second consecutive day on Wednesday taking the index back below the 2,100 level. The Nasdaq and Dow Jones Industrial Average both finished lower by similar amounts as nearly all stock market sectors finished in the red. Declines were felt across the board, except in the healthcare sector where major […]
Mar 05 2015 @ 07:20
At the H1 chart, the AUDUSD is showing weakness below the daily pivot point level of 0.8171. In the near term, the bears could start to dominate the Aussie’s trend and if the pair breaks the support level of 0.8136, it would be expected to fall until the level of 0.8069. It should be noted […]
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