25 Mar 2014 @ 13:09
The NZD/USD is kept moving at a low range from several days ago. The kiwi is consolidating above the 200 SMA and the pivot point at the level of 0.8541. If the pair manages to make a breakout on the resistance level of 0.8569, next target would be the resistance level of 0.8593. On the […]
24 Mar 2014 @ 13:52
The USD/JPY went bullish last week, closing at 102.25. For the bullish outlook not to become invalid this week, the price must stay above the demand level at 102.00. EUR/USD: This is a bear market. The price fell last week, touching the support line at 1.3750; and from that point, the price bounced upwards by […]
21 Mar 2014 @ 21:20
Here’s the market outlook for the week: EURUSD Dominant bias: Bearish It should be noted that the surge of strength in the Greenback has resulted in new dominant biases in the markets. This pair has been forced to show a Bearish Confirmation Pattern on it (the GBP/USD has also gone bearish), while the USD/CHF has […]
20 Mar 2014 @ 18:42
“Only execute the trade when the chart matches your plan, if it doesn’t – no trade.” – Gavin Knoesen Intelligent speculation includes some salient aspects like opening of trades, trade management, emotions control and strategy optimization. There is no way around the fact that these salient aspects can never be avoided by active traders, but […]
19 Mar 2014 @ 14:03
The EUR/GBP remains strong in the bullish bias. This pair has consolidated above the support level of 0.8385, which is a fairly significant level because it is a pivot point. If the EUR/GBP manages to make a breakout on the resistance level of 0.8410, next target would be the level of 0.8423. On the other […]
18 Mar 2014 @ 12:39
EUR/JPY is trying to define its intraday trend, as this pair remains amid the 200 SMA. This pair is trying to make a bullish consolidation above the 200 SMA. However, the EUR/JPY has made bearish rebounds at this level, so it is likely that this pair fall to the pivot point at the level of […]
18 Mar 2014 @ 09:52
Instrument: USDJPY Order: Sell Entry date: March 17, 2014 Entry price: 101.798 Stop loss: 102.806 Take profit: 99.806 Instrument: AUDJPY Order: Sell Entry date: March 17, 2014 Entry price: 92.478 Stop loss: 92.524 Take profit: 90.524 Instrument: CADJPY Order: Sell Entry date: March 17, 2014 Entry price: 90.026 Stop loss: 93.037 Take profit: 90.037 Instrument: […]
17 Mar 2014 @ 18:24
Since the USD/JPY is extremely bearish, we are looking forward to selling rallies on it this week. EUR/USD: The bias on this pair is bullish, and the price is expected to trend higher this week. The possibility of pullbacks cannot be ruled out, but the threats should be contained at the support lines of 1.3850 […]
14 Mar 2014 @ 20:54
Here’s the market outlook for the week: EURUSD Dominant bias: Bullish This pair is a bull market irrespective of the recent pullback on it. The pullback is just a good opportunity to go long when the price is on sale and in the context of an uptrend. Our target remains at the resistance line of […]
14 Mar 2014 @ 15:37
AUD/USD is finding support below the pivot point. Now, the aussie is trying to make a bullish rebound on the 200 day moving average, which is below the pivot point at the level of 0.9039. If the pair manages to consolidate below that level would be expected to fall to the support level of 0.8976. […]