Technical Analysis

Top Level shares (LSE:TLDH), having broken northward significantly, would eventually top at the supply level of 15.70 within the next several months. Experience can never be bought: our experience has made us understand that when the price breaks out of the kind of protracted equilibrium zone as seen on the chart, the price is ready […]

The NZD/USD has had a sharp decline after having had significant increases in recent weeks. Kiwi found strong resistance level of 0.8511 and has fallen below the resistance level at 0.8423 and 200 SMA. Now, this pair is forming a higher low pattern and if it can break this support level, would be expected to […]

The nonfarm payrolls report came in below estimates yet stock markets powered ahead yesterday. We are back to the situation where bad news is good news. Investors are addicted to stimulus so if the news is not favourable, the economy will weaken and the Fed will continue to print money. That’s why stock markets went […]

There is a bullish signal on the USDJPY, and the pair may go towards the supply level at 98.50 and 99.00 respectively. EURUSD: The bias on this pair is bullish and in spite of the current consolidation in the price, it is expected to resume its upwards journey. There is a strong support level at […]

The Aussie continues to dominate entirely by the bulls and is expected to this week, this pair further strengthen its trend. The AUD/USD is trying to break the resistance level at 0.9672. If the pair manages to break that level, it is expected to rise to the level of 0.9718. Moreover, this pair is likely […]

Last week, the GBPUSD shot towards the north. Some transitory pullback is normally expected, but the northward bias is valid for this week. EURUSD: The pair moved upwards by more than 140 pips last week, but not after disheartening pullbacks and volatility. This week, it is expected that the upward move would continue, though there […]

LEARN FROM GENERALS OF THE MARKETS – PART 38 “If you are truly passionate about trading and hope to be in the game for a long time, I recommend focusing on a slow and steady approach.” – Joseph Fahmy Mellody Hobson was born in April 3, 1969 (Chicago, Illinois). She’s an American investor, trader and […]

The kind of chart pattern that is seen on Globo (LSE:GBO) shows that now is one of the best times to buy long the shares. The bullish bias in the market is still intact – only that there is a good pullback which offers and excellent buying opportunity. Further northward move was challenged in this […]

Royal Mail (LSE:RMG) has become a hot cake in that it offers investing possibilities to interested ones. However, a closer look at the current price action suggests that bearish attempts cannot be overruled. Generally, the bias on the chart is bullish. The price is now in a sort of consolidation, while the RSI period 14 […]

The EUR/JPY continues to strengthen its bullish trend, while waiting for the formation of new bullish patterns. This pair is forming a lower high pattern above the support level of 132.75 and is very likely that this pair rises to the resistance level of 135.38 in the medium term. On the other hand, we must […]