01 Dec 2014 @ 09:15
The ultimate target for USD/JPY is at the supply level of 119.00, and price is now close to that target. With further strength in the market, the supply level can be breached to the upside as the bulls continue to push price up. In that case, the next target could be the supply level at […]
29 Nov 2014 @ 19:03
Here’s the market outlook for the week: EURUSD Dominant bias: Bearish This pair showcases a seriously struggle between the bull and the bear, as price remains volatile. The bull is making attempt to push price upwards but now and then, this is being thwarted by the bear. Before it can be said that the bias […]
28 Nov 2014 @ 14:19
The AUDUSD made a pullback in 200 SMA at H1 chart, so this pair could form a bearish pattern in the coming days. If the AUDUSD takes a breakout at the support level of 0.8873, the bearish bias could be extended to the level of 0.8849, which further strengthen the current trend for several more […]
27 Nov 2014 @ 09:19
LEARN FROM THE GENERALS OF THE MARKETS – PART 56 “The most important function that fundamental short sellers bring to the market is that they are real time financial detectives.” Born in 1975, James Chanos is an American professional speculator and funds manager who’s a great bear in the market. He was born in a […]
26 Nov 2014 @ 10:43
Optibiotix stock (
LSE:OPTI) has gone upwards significantly and it is expected that the substantial gains made by the bulls would be sustained. In this market, short-term pullbacks should be seen as another money making opportunities by the bulls. When speculating on a new bias, what you think is a new bias may simple be a […]
26 Nov 2014 @ 10:34
Phorm Corporation shares (
LSE:PHRM) is a bear market and it would remain so for some time to come. The recent bullish run peaked in September 2014, after which a bearish bias started. Therefore, the last near-term rally that has happened in this month is a good opportunity to sell short and ride the market downwards. […]
25 Nov 2014 @ 10:32
The EURJPY is forming a higher high pattern above the daily pivot point level of 146.69 in the H1 chart. During yesterday’s session, the EURJPY has made a rebound on the 200 SMA, and in that area, this pair formed three fractals. If the EURJPY takes a breakout at the resistance level of 147.70, it’s […]
25 Nov 2014 @ 08:07
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 […]
24 Nov 2014 @ 11:00
The NZDUSD is concentrating efforts to continue staying above the 200 day moving average. During the last session, the NZDUSD made a strong pullback on the resistance level of 0.7944 and now, this pair is attempting a breakout level of 0.7897. On the other hand, if the NZDUSD takes a breakout in the daily pivot […]
24 Nov 2014 @ 10:04
The sudden weakness on the EUR/USD on Friday has resulted in a very strong bearish bias. The pair may be weak for the rest of this month, as the EUR continues to be battered. The price closed below the resistance line at 1.2400, and the next target may be the support line at 1.2350. EUR/USD: […]
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