Financial Guides

Camco Clean Energy stock (LSE:CCE) has experienced a pullback in the context of an uptrend. This is a great buying opportunity in the chart. The price is far above the EMA 21 and the Williams’ % Range period 20 is not that far from the overbought region. Clearly, the bulls are in control, and since […]

Octagonal shares (LSE:OCT) have been in a repulsive equilibrium phase for many months before the price started to make some bullish attempt. Although the recent consolidation was to the downside, the market was generally ugly. There has been a bullish breakout in the chart; plus it is thought that the breakout would be sustained. The […]

GOLD (XAUUSD) Dominant Bias: Bearish In the context of a downtrend, Gold is making attempts to rally. The attempts have not really ruled out the bearish bias, except the price goes above the resistance level at 1270.00. A close above that level would mean the beginning of a new bullish trend; but as long as […]

On Friday (June 6, 2014), the USDCHF closed at 0.8934. The price has already assumed a bearish stance, which may continue this week. The next target to be reached is at the support level of 0.8900. EUR/USD: This market was volatile last week. Now it looks as though the price is poised to go northwards, […]

Here’s the market outlook for the week: EURUSD Dominant bias: Bearish This pair recently managed to test the support line at 1.3500 (or the price almost touched the support line). The movement of the price around the support line could not be sustained because the price bounced upwards seriously, reaching the resistance line at 1.6350. […]

Rare Earth Minerals stock (LSE:REM) has assumed a serious bullish bias, and this is something that results in windfall for the buyers. Recently the market, which was trending downwards, found some bottom at support level of 0.4. The bottom was found during a protracted consolidation phase that held out for a few months. In May […]

African Potash shares (LSE:AFPO) were trending downwards in a slow and steady manner before further downwards trend was rejected in May 2014. Since then, the price has assumed a new bullish bias. The new bullish bas is sustainable because the price is now far above the Trendlines (an area from which it broke out). In […]

Instrument: EURJPY Order: Sell Entry date: June 2, 2014 Entry price: 139.240 Stop loss: 140.267 Take profit: 137.267 Instrument: EURAUD Order: Sell Entry date: June 2, 2014 Entry price: 1.47109 Stop loss: 1.48533 Take profit: 1.45133 Instrument: EURCAD Order: Sell Entry date: June 2, 2014 Entry price: 1.48206 Stop loss: 1.49221 Take profit: 1.46221 Instrument: […]

Instrument: USDJPY Order: Sell Entry date: June 2, 2014 Entry price: 102.395 Stop loss: 103.404 Take profit: 100.404 Instrument: AUDJPY Order: Sell Entry date: June 2, 2014 Entry price: 94.634 Stop loss: 95.660 Take profit: 92.660 Instrument: CADJPY Order: Sell Entry date: June 2, 2014 Entry price: 93.948 Stop loss: 94.964 Take profit: 91.964 Instrument: […]

There is a temporary pullback on the USD/CHF, which ought not to take the price below the support level at 0.8900, so that the bullish bias can remain valid. The price may go further upwards after the pullback has ended. EUR/USD: The bearish bias on this pair is still present, although there is a shallow […]