Dec 04 2013 @ 02:31
Following long period of trendless phases, there has been a dynamic rise on Doriemus stock (LSE: DOR). Since October 2013, the price has risen significantly; as it makes attempt to recover some recent losses. This is a surprise to the battered bears who are too ashamed to see that the price is going determinedly against […]
Dec 03 2013 @ 15:15
It’s December, a month where people take the opportunity to do holiday shopping and this in particular makes December in one of the months with higher volatility in the currency market. In the U.S. , sales of the famous cyber monday reached a record figure of $ 2.29 billion, thus, the USD Index has been […]
Dec 03 2013 @ 06:02
In the context of an uptrend, the USDJPY has experienced a pullback. Nevertheless, the pullback is expected to be transient. EURUSD: The market is in a kind of consolidation, though the bullish domination is still very clear. When the price does rally again, it would easily break the resistance line of 1.3600 to the upside, […]
Dec 03 2013 @ 00:43
The EUR/JPY remains fully consolidated in bullish trend and is likely to continue to rise this pair. This pair is consolidating above the weekly pivot point at the level of 138.68 and now, it is very likely that this pair rise to the resistance level of 140.25. If the EUR/JPY manages to break that level, […]
Dec 01 2013 @ 21:57
Most JPY pairs seem overbought and it looks like there could be some reversals soon. Yes, there could be reversals this week, but the markets may still go further upwards, especially if there are certain bulls who are interested in going long at the current prices. EURUSD: This is a bull market – slow and […]
Nov 29 2013 @ 01:40
As it was forecasted on Monday, this week has been favorable to trend followers. For example, the EURJPY, which has been trending up for a few weeks in a row, has moved upwards for more than 170 pips in this week. EURUSD: This is a bull market, with a Bullish Confirmation Pattern on the chart. […]
Nov 27 2013 @ 07:25
Sentiment appears to be changing from bullish to bearish. The e-Yield Sentiment Indicator (ESI) moved to neutral after one of its components, the BTI, turned down yesterday. Sometimes the BTI will be down for a day or two then it will turn up again, this is what I call a false signal. To avoid false […]
Nov 26 2013 @ 01:59
The EURJPY has almost challenged the high of 138.00, which is a very strong supply zone. The price has been corrected downwards from that supply zone, although the dominant bias remains bullish. EURUSD: In spite of the visible consolidation in the market, the bullish propensity on the market is a valid thing. The price is […]
Nov 25 2013 @ 22:34
The EUR/JPY found a fairly strong monthly resistance level, which could curb future increases in this pair, for the remainder of November. This pair has found resistance at the 137.76 level, a fairly hefty monthly pivot levels and therefore is very likely that the EUR/JPY remains below this level for the rest of the month, […]
Nov 25 2013 @ 08:06
It is expected that Gulf Keystone (
LSE:GKP) would experience further consolidation and subsequent downtrend in the month of December 2013. Any rally here – as it is currently happening – would be short-term in nature as well as giving the bears a wonderful opportunity to sell short at better prices. You can see that the […]
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