Aug 25 2013 @ 16:54
The JPY pairs ended with bullish bias last week, and this is expected to continue. EURUSD: On Friday, this pair closed at 1.3381, in a bullish mode. There is still much room for the price to continue going upwards; possibly touching the resistance line of 1.3450 – even breaching it to the upside. For this […]
Aug 23 2013 @ 08:10
Daily chart: The CL made a strong bullish rebound in the 103.85 support level, making of the CL, in an asset very difficult to negotiate at the moment, because this is kept within the range between 106.70 and 103.85 levels. If the CL manages to break the support level of 103.85, it is expected to […]
Aug 23 2013 @ 08:05
Daily chart: The USDJPY broke the resistance at the 98.25 level and now, this is trying to climb to the resistance at the 99.81 level. It is very likely that this bullish trend continue next week, because of the strength he has shown this pair in recent days due to the weakness of the yen […]
Aug 23 2013 @ 07:45
Pound Sterling The Pound spent most of the week higher against its major peers and on Monday it continued to ride higher against the US Dollar and Euro thanks to last week’s positive economic data releases. House price data released in the afternoon showed that prices had fallen for the first time in six-months in […]
Aug 22 2013 @ 11:43
Daily chart: The GBPUSD found strong resistance at the 1.5642 level. It is very likely that this pair fall to support at the 1.5506 level, but we must be careful, because this fall could be the formation of a lower high pattern, to continue strengthening the current trend bullish. However, if this pair managed to […]
Aug 22 2013 @ 11:42
Daily chart: The USDX is breaking the resistance at the 81.50 level and this continues to respect the bullish trend line. It is very likely that the USDX rises to the 200 day moving average near the 81.85 level. On the other hand, it’s likely to fall back to bullish trend line. However, the USDX […]
Aug 22 2013 @ 00:09
Triad Group stock (
LSE:TRD) has become a bullish market following some historical weakness and then an equilibrium phase which was dragged out too long. The historical bearish trend could have been caused by nothing other than the herd mentality. On the chart, the EMAs 10, 20, 50 and 200 are used: the color that represents […]
Aug 21 2013 @ 23:58
CPP Group shares (
LSE:CPP) are now favorable to buyer. The price has broken upwards after a protracted sideways movement which lasted several months following a bearish bias. It can be seen that the price eventually broke out of a protracted sideways bias – to the upside. Since then, the price has closed above the upper […]
Aug 21 2013 @ 08:16
Daily chart: USDJPY continues to fall below the resistance level at 97.59. It is very likely that this pair fall to support at the 96.38 level. However, we must bear in mind that the USDJPY could again break the resistance level at 97.59 and go up to the level of 98.25. If the pair manages […]
Aug 21 2013 @ 08:14
Daily chart: CL is falling sharply below the resistance level at 106.70, after several days trying to consolidate on a bullish trend. It is very likely that the CL fall back to support at 103.85 level. If the CL manages to break that level, it is likely that the current bearish trend to continue for […]
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