Aug 08 2013 @ 08:00
USDJPY Daily Analysis for August 08, 2013 Daily chart: The USDJPY fell deep below the support at the 97.59 level and this has touched the support at the 96.38 level. It is very likely that this pair begins to form a higher low pattern, to further strengthen its bearish trend. If the pair manages to […]
Aug 07 2013 @ 21:18
The EURUSD is strengthening its bullish trend in the medium and long term and this is expected to remain so for many more days. The EURUSD continues to follow the bullish trend line and consolidating above the 200 day moving average. Bullish next target for this pair, the resistance at the level of 1.3395. It […]
Aug 07 2013 @ 08:09
Daily chart: The CL failed to consolidate above resistance at 106.70 level and has formed a fractal. Now, the CL is falling and it is very likely that this fall extends to the support at 103.85 level. If the CL manages to break that level, it is expected to fall to the level of 100.33 […]
Aug 07 2013 @ 08:00
GBPUSD Daily Analysis for August 07, 2013 Daily chart: GBPUSD is forming a lower high pattern, below the resistance level of 1.5407. This pair has been reluctant to continue falling as well, this has been reluctant to continue the current bullish trend. If this pair does break the support at the level of 1.5266, it […]
Aug 07 2013 @ 03:58
Mentum stock (
LSE:MEN) now skyrockets in what could rightly be called the beginning of a long-term bullish journey. There are reasons for the current price action, which has gained at least 400% since reaching its yearly low in July 2013. Does the dog bark for no reason? The 4 EMAs that are used for this […]
Aug 07 2013 @ 03:49
CPP Group shares (
LSE:CPP) have become a bull’s paradise – a situation in which buyers simply buy and hold – making long-term profits effortlessly. In a world in which following the line of the least resistance has not been easy over times, using trading methodologies that work in equilibrium phases and contrarian methods would easily […]
Aug 06 2013 @ 11:56
USDX Daily Analysis for August 06, 2013 Daily chart: The USDX has found support at the level of 81.50 and the 200 day moving average. But in yesterday’s session, the USDX found resistance at the 82.51 level, which means that these levels will be vital for the development of the general trend in the USDX. […]
Aug 06 2013 @ 11:52
USD/JPY Daily Analysis for August 06, 2013 Daily chart: The USDJPY is turning bearish in this chart, because this was met with strong resistance at the 99.81 level. Now, this pair is trying to break the support at the 97.59 level and if it succeeds, would be expected to fall to the level of 96.38. […]
Aug 06 2013 @ 05:53
The GBPUSD is trending upwards towards the distribution territory at 1.5400, which may be easily breached to the upside. EURUSD: This pair is in a bullish mode: even in the face of the latest equilibrium phase in the market. The Williams’ % Range is moving into the overbought region, which means that the buying pressure […]
Aug 06 2013 @ 00:51
The EURUSD continues at a very crucial for the development of its trend. For now, we can not say with certainty what their current general trend is. The EURUSD continues to consolidate above the 200 day moving average and above the support at the 1.3200 level. If this pair managed to break the resistance level […]
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