Financial Guides

The price on the Royal Bank of Scotland (LSE:RBS) is going downwards and would keep on doing so. Since the price reached its yearly peak in January 2013, it has been coming down. The 4 EMAs used on the chart (the EMAs 10, 20, 50 and 200) confirm the statement above. The EMAs 10, 20 […]

Currently, and until further notice, it may be suicidal to open long trades on Matra Petroleum (LSE:MTA). Since the last year, the price has been going down slowly and steadily. In the current downward bias, the market consolidated lower in the month of February 2013, breaking the lower Trendline before the end of that month. […]

EURUSD Primary trend: Bearish Though the primary trend on this pair is bearish, the trend is in a serious jeopardy. There is currently a conspicuous rally on this pair: oscillators have given a bullish signal but momentum indicators like long-term MAs are yet to confirm that. Trading an unconfirmed bias is not recommended at this […]

AUDUSD: BUY The price conditions on the AUDUSD are now favorable to bulls. In recent times, the Aussie had been weaker against the Greenback, making even any short-term rally a nice opportunity to go short in the context of the downtrend. Right now, the bearish bias is being seriously threatened (if not over). The AUDUSD […]

“Children are very precious. Parents are also very caring. Do you know these?” Most parents want the best for their children, and they strive to achieve their aims, even in the face of stubborn obstacles and difficulties. A serious religious parent teaches her/his children about their faith when they’re still very young. In fact, a […]

The Fairpoint Group impressed investors today with year end results that included a whopping 87% increase in pre-tax profit.  I was going to say that the group, which was founded in 1997, floated on the AIM market in 2002, and renamed as Fairpoint in 2008, has found it’s niche.  But I think it may be […]

Why should we go short on Thomas Cook (LSE:TCG)? It is because the selling pressure in the market is increasing. There has been some serious short-selling in the market, and certain private traders want to sell accordingly? If an elephant trumpets, would you also expect its calf to trumpet? The price on the chart has […]

Kibo Mining (LSE:KIBO) is currently at a critical level. Would the price turn upwards and assume a protracted uptrend or would just plummet further? The answer is below.   The ADX period 14 is at the level 30 (with the DM- far above the DM+): this shows a strong bearish pressure. The MACD (default parameters) […]

EURUSD Primary trend: Bearish There has been a recent potential reversal on this pair. The bullish reversal is noteworthy, but not significant enough to override the major bearish outlook. It is better to wait for further confirmation before new positions are opened (at least for a few more trading days). Whether the current scenario is […]

GBPCHF: BUY     There is an interesting scenario on the GBPCHF, and this is something that may herald the beginning of a new lease of northward bias. For the most part of this year so far, the price was in a major downtrend. Last week, the price reached a low of 1.39646, being unable […]