Financial Guides

Pound Sterling – The Pound began the week on a positive note after economic data continued to support hopes that the UK economy is making a strong recovery. A better than expected services PMI climbed from 56.9 in June to 57.4 in July. To ask a currency expert a question direct, click HERE Or to […]

The EURJPY was largely bearish last week, and it would possibly breach the demand zone at 128.00 to the downside this week. EURUSD: This pair went upwards last week, testing the resistance line at 1.3400 before bouncing downwards. The downward bounce is deemed a correction in an uptrend, especially as long as the price is […]

LEARN FROM GENERALS OF THE MARKETS – PART 34 “There’s no doubt that the RRR is tremendously important. To get big profits, you have to take minor risks.” – Larry Williams Emilio Tomasini is an Italian Professor of Corporate Finance at University of Bologna, and he’s a full time market speculator, trading several financial markets. […]

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 […]

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 […]

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 […]

The reversals that happened last week have resulted in new signals in most cases. The EURUSD has continued its bullish journey. EURUSD: The bearish threats that happened on the EURUSD last week did not succeed in pushing the price below the support line of 1.3200. From the point of ‘nearly resulting in a bearish confirmation,’ […]

GBPUSD: Sell There is now a bearish signal on the Cable, following the Bearish Confirmation Pattern that has occurred on the chart since Tuesday 2013. The price has gone below the EMA 21 and the RSI period 14 is below the level 50. With some informed chart analysis, it could be said that the price […]

A TASK THAT MUST BE DONE A good trading track record is a noble achievement that’s being aspired to. It’s a proof of your trading prowess – an absolute requirement that must be provided before you’re viewed as a pro, whose trading strategy is worthy of emulation or who could possibly be considered as a […]

Pound Sterling – At the start of the week the Pound saw little movement against its most traded peers, but did make gains against the US Dollar. The rise came after the Bank of England released data showing that lending to small UK firms hit a record high in June. To ask a currency expert a […]