Financial Guides

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 […]

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. […]

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 […]

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 […]

Publishing Technology shares (LSE:PTO) have been trending lower significantly in recent times, and it is expected to crash further. The price hit a strong supply zone in October 2013, following a gap-down in the market. Since then, it has been trending downwards. Here, 4 EMAs are used. They are EMAs 10, 20, 50 and 200. […]

The conditions on the market are favorable to trend-followers, especially in the face of new signals and directional movements that are currently happening. For instance, the USDCHF has assumed a strong southward bias and the price could reach the support level of 0.9000 this week. EURUSD: The EURUSD has assumed a strong northward bias and […]

LEARN FROM GENERALS OF THE MARKETS – PART 41 “What you do not believe, you can never become.” Born in June 11, 1956, Steven A. Cohen is an American funds manager. He grew up in New York, where his parents worked. He began to play poker while still in high school – something that could’ve […]

Mariana Resources (LSE:MARL) which broke northward in a significant mode at the beginning of November 2013, is currently being pulled back. This is a good opportunity for the bulls to go long at cheaper prices. Here, the ADX period 14 is sloping above the level 50 (signifying a very strong bias), while the DM+ is […]

Beacon Hill Resources (LSE:BHR) can be sold at 0.80 and later exited at 0.20 in what could potentially be a profitable short trade. The long-term bias is downwards and the bulls are too weak to effect any meaningful changes, until further notice. The price has been trending downwards for several months, breaking new lows, even […]

The perpetual southward movement on the USDCHF has resulted in a renewed bearish signal. The price may break the support level of 0.9100 to the downside. EURUSD: The slow and tardy bullish movement on the EURUSD has resulted in a clean bullish signal in the market. This is a result of the perpetual northward bias […]