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Daily analysis of major pairs for June 20, 2016

20 Jun 2016 @ 19:05
As it was anticipated, the EUR/JPY dropped 460 pips last week, reaching a low of 115.49, and a high of 120.31. The upward attempt that was later seen last week could proffer an opportunity to sell short at better prices, because the market might test the demand zones at 117.00, 116.00 and 115.00. The demand […]
 

Weekly Trading Forecasts on Major Pairs (June 20 - 24, 2016)

18 Jun 2016 @ 20:06
Here’s the market outlook for the week: EURUSD Dominant bias: Neutral All bearish pulls EURUSD experienced last week were rendered useless by bullish effort. Price did not go above the resistance line at 1.1300 last week; nor did it stay below the support line at 1.1150. The impasse between bulls and bears has enforced the […]
 

What Brexit/Bremain Will Do to the Markets

16 Jun 2016 @ 19:00
“What matters is your ability to pick up the flying gobs of money whizzing past your ears in the financial markets money storm.” – Louise Bedford Originally, I planned to post an article titled: “Difficult Markets Produce Fine Results – Part 2.” But I can see that the media are making noises about the coming […]
 

A Great Bullish Signal Appears on Legendary Investments

14 Jun 2016 @ 20:49
Legendary Investments stock (LSE:LEG) is about to perform better than the bullish run we saw in April 2016. The market has been in a trending mode since February 2016, though last month has been characterized by a bearish correction. 4 EMAs are used for this analysis and they are EMAs 10, 20, 50, and 200. […]
 

Daily analysis of major pairs for June 13, 2016

13 Jun 2016 @ 07:47
The EUR/USD has become neutral in the short-term. May 2016 was mostly bearish, and the bullish breakout that was witnessed on June 3 overturned that bearish bias. However, bulls were unable to push the price further north last week, for the bullish movement was halted at the resistance line of 1.1400, which was followed by […]
 

Weekly Trading Forecasts on Major Pairs (June 13 - 17, 2016)

12 Jun 2016 @ 07:03
Here’s the market outlook for the week: EURUSD Dominant bias: Neutral For the most part of May 2016, EURUSD was in a downtrend. On June 3, a strong bullish breakout led to a bullish signal, but price was unable to continue moving up continuously in the following week, which was last week. Price simply went […]
 

Alfred Jones: The First Hedged Fund Manager

10 Jun 2016 @ 05:56
WHAT YOU NEED TO KNOW ABOUT MASTER TRADERS – PART 10 “There’s no way to start a business without being bad at those things. People who are good, are good because they spent ten years being bad. Note: You have to love being incompetent in order to be competent.” – James Altucher Name: Alfred Jones […]
 

Gulf Keystone to Become a Penny Stock

08 Jun 2016 @ 15:38
Gulf Keystone stock (LSE:GKP) has been in a bearish mode for a long time, against the expectation of analysts and investors. Well, the reality is that the stock is under selling pressure and there is no end in sight, for the bearish trend. In the past two months, price has been moving sideways in the […]
 

Premaitha to Plummet Further

08 Jun 2016 @ 15:32
Premaitha shares (LSE:NIPT) are expected to plummet further, in conjunction with the ongoing bearish outlook on the market. The market has been consolidating since May 2016 – something that may continue as such or result in a breakout, which could most probably favor bears. The Williams’ % Range period 20 is in the oversold region […]
 

Monthly Forecasts for CFDs (June 2016)

06 Jun 2016 @ 09:17
AUS200 Dominant bias: Bullish This market is in a precarious situation. While the bias on it is bullish, bears are very active in it the present, and this has made short-term bearish signals to be generated on smaller timeframes like hourly and 4-hour charts (whereas the long-term signal is bullish). Unless price goes below the […]
 
 
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