Technical Analysis

EUR/GBP has moved into a low range in the last hours with a very strong bearish bias. This pair remains above the pivot point at the level of 0.8205, so the nearest resistance level is at 0.8231. If the EUR/GBP manages to make a breakout at that level, the next target would be the level […]

After writing yesterday about James Bullard’s concern about the mounting risk of some asset-price bubbles bursting, I did a bit more investigation. Little did I know also that Thierry LaDuguie would write about Sentiment Analysis and Stock Market Timing and charting the S&P index here on ADVFN, when I had planned to continue writing about the concerns about […]

The above chart shows a very clear pattern. Each time the S&P 500 pulls back below the 55-day moving average, a sharp rally lasting on average two weeks follows. These moves depict increased participation from buyers which means the index can closed up day after day without any pull back. In fact if you check […]

The AUD/USD fell significantly after the publication of the Australian Employment Change, which was -3.7K (lower than predicted / 15.3K) and Unemployment Rate, which recorded a 6.0% (higher than forecast / 5.9% ). The aussie has drop to support level of 0.8941 where the 200 day moving average is located. The resistance level is located […]

NZD/USD found on the support level 0.8317, which may mean that this pair is making corrective movements. The kiwi is below the pivot point at the 0.8330 level, which would be the closest resistance level. If the pair manages to break the support level of 0.8317, next target would be the support level of 0.8293. […]

“If you are driven by the stock price you are going to go crazy.” – Michael Bigger There’s no speculator in the world that hasn’t, in one period or other in their career, experienced the emotion of anger. Every trader becomes angry because of some reasons. Even the renowned Dr. Van K. Tharp (a trading […]

After an exponential drop in January 2014, Apple shares (NASDAQ:AAPL) are trying to shrug off further southward pulls, as they trend northward. Is this sustainable? Should the price go determinedly upwards, now would be a good entry point for the bulls. The RSI period 14 is almost crossing the level 50 to the upside, and […]

Barclays stock (LSE:BARC) is not an attractive market right now, but it may go northward this year. 4 EMAs – 10, 20 50 and 200 are used in the chart. The color that stands for each EMA is shown at the top left part of the chart. The bullish effort that happened in January 2014 […]

This pair is very close to reaching the resistance level at 139.83, so it is very likely to continue bullish bias. The EUR/JPY is above the 200 day moving average and pivot point at the level of 139.49. A breakout at the resistance level at 139.83, the EUR/JPY could take up to the next target […]

AUD/USD has established back above the 200-day moving average, so the bullish bias has strengthened again. The Aussie remains above the pivot point at the level of 0.8937. The next objective of this pair is the resistance level of 0.8969. However, a breakout to the pivot point could lead the AUD/USD to fall to the […]