Technical Analysis

For several months in a row, Kefi Minerals stock (LSE:KEFI) has been unable to close below the great support level at 1.00, in spite of the cut-throat attempts from the bears. The bears are desperate to push the price below the support level, but the bulls are too stubborn to allow that (while they themselves […]

Falkland Oil & Gas shares (LSE:FOGL) have some signs of stamina in them, in spite of extremely turbulent market phases they experience. The price would skyrocket and then plummet. This is a challenging market for novices – but what is called challenges in trading are really opportunities for super traders. However, the price might still […]

AUDUSD is strong in the current bullish bias, as the pair is already consolidated above the 200 SMA in H1 chart. The current structure is favoring the bullish formations above the daily pivot point level of 0.7809 and the focus remains at the resistance zone of 0.7854 in the near term. In the other side, […]

The EUR/JPY first consolidated last week, but it broke upwards on April 23, 2015. The upward break has enabled a Bullish Confirmation Pattern to form in the market, and the price might reach the supply levels at 130.50 and 131.00. This outlook would be valid as long as the EUR does not sustain exponential weakness. […]

Here’s the market outlook for the week: EURUSD Dominant bias: Bullish Within the first few trading days of the last week, this pair moved in a tight range. On April 23, there was a breakout in favor of the bulls, enabling price to go above the support line at 1.0850. It is possible for the […]

The S&P 500 benchmark US stock index climbed by 0.51% on Wednesday led by financials, technology and telecoms. Other US indices also rose with the Dow Jones Industrial Average gaining 0.49% and the Nasdaq advancing by 0.42%. Overall, there were some interesting moves on Wednesday with some nice gains and some equally nasty losses. FMC […]

INSIGHTS INTO THE MINDSET OF SUPER TRADERS – Part 3 “I was born with a fierce need for independence.” – Michelle Williams Name: Michelle Williams Date of birth: September 9, 1980 Nationality: American Profession: Actress Career Michelle is a popular actress, just as her dad, Larry Williams is a popular trader. Although, she’s best known […]

Yes, in what seems to be a recent bullish outlook, Angle shares (LSE:AGL) are tumbling. Towards the end of the last year, the market came down, going further downwards in January 2015. In the same month, there was a crazy rally in the market – it was truly a roller coaster ride. Since February 2015, […]

Africa Potash stock (LSE:AFPO) is a bear market; and the bulls regret buying the stock. For the past 6 months, the price has been trending downwards slowly and gradually. This is a bias that is expected to continue for the next several weeks and months. There are currently conflicting signals in the chart. Although the […]

The pair found strong resistance around the zone of 0.7708 and now it’s trading below the daily pivot point level of 0.7674. Currently, NZDUSD is trying to reach the support level of 0.7626 in the short term and if breaks it, we could expect a fall until the 200 SMA, which is located around the […]