22 Oct 2015 @ 11:26
Globo shares (
LSE:GBO) are expected to go further south, owing to the current weakness in the market. The price has been going south since June 2015. Towards the end of September, the price made some bullish effort while the outlook remained bearish. At the beginning of this month, the price consolidated and then broke down. […]
19 Oct 2015 @ 08:29
The Cable moved upwards last week, testing the distribution territory at 1.5500 a few times. The price was unable to break above the distribution territory – something that needs to be achieved this week so that the uptrend could continue. The uptrend would be rational as long as the accumulation territory at 1.5200 is not […]
17 Oct 2015 @ 19:20
Here’s the market outlook for the week: EURUSD Dominant bias: Bullish This pair initially moved upwards last week, but it could not reach the resistance line at 1.1500 before it got corrected downwards. On Friday, price closed at 1.1348, though the bias is bullish. The bullish bias will remain valid as long as the support […]
15 Oct 2015 @ 20:24
We should continue enjoying our Forex trading experiences on trading platforms, with Windows 7 or Windows 8 . Yes, trading remains a fantastic way of life because it is an ultimate ladder to an everlasting financial freedom. There is one female Australian who took a break from full-time farming and began to study the markets […]
15 Oct 2015 @ 16:09
Global equity markets were almost weaker universally on Wednesday with Europe, Asia and the US all closing around 1% lower. The standout event was the US dollar losing ground sharply against all the major currencies as weaker US retail sales and a decline in producer prices were reported. Precious metal prices jumped by around 1% […]
14 Oct 2015 @ 20:00
Markets were quiet on Tuesday with the Dow and S&P500 closing down with mild losses as the market digests the reporting season. In Asia, the Shanghai Composite didn’t see much of a reaction to the latest export data, where opinion was polarised and divided. The index still managed to close up 0.17% to 3,293. Commodity […]
14 Oct 2015 @ 15:52
FTSE 100 (
FTSE:UKX) has been trying to start a long-term bullish journey, which would hold out for the rest of this year (even beyond this year). This market has endearing attributes, one of which is the ability to assume a protracted trending mode when the fundamentals support it. 4 EMAs are used for the analysis […]
14 Oct 2015 @ 15:44
Castleton stock (
LSE:CTP) has been acting as a trap for reckless buyers. This is not a market in which you should go long because it is quite choppy as well as consolidating to the downside. The price has gone below the lower Trendline and at the same time, the RSI period 14 has gone below […]
12 Oct 2015 @ 09:18
The EUR/JPY performed a clean bullish movement on October 9, 2015. This has led to a bullish bias on the market, which could enable the price to go upwards by at least, 200 pips. The supply zones 137.00 and 138.00 could be tried this week. EUR/USD: The EUR/USD seems to have ended a few weeks […]
11 Oct 2015 @ 08:57
USDJPY = Buy AUDJPY = Buy CADJPY = Buy CHFJPY = Buy EURJPY = Buy GBPJPY = Buy NZDJPY = Buy NB: Every trade could be entered with a stop loss of 100 pips and a take profit of 200 pips. Only 0.5% is risked per trade. With an account balance of $20,000, a position […]