17 Jun 2014 @ 09:56
GOLD (XAUUSD) Dominant Bias: Bullish Gold has been given a new lease of energy which has taken it upwards in a significant mode. From the support level at 1240.50 (a formidable bottom), the price skyrocketed and tested the resistance level at 1284.60. Although the price is currently experiencing a pullback, it is expected that it […]
16 Jun 2014 @ 09:11
As it was normally expected, there has been a shallow pullback on the Cable. But the price may go further higher to breach the distribution territory at 1.7000 to the upside. EUR/USD: In spite of some vivid attempts by the bulls to push the price upwards, the price remains bearish. On Friday, June 13, 2014, […]
13 Jun 2014 @ 18:14
Here’s the market outlook for the week: EURUSD Dominant bias: Bearish In a slow and tardy manner, this pair has been trending downwards. The movement is tardy because consolidation phases can be perceived in the market; yet it can also be clearly seen that the bears dominate the market. There is a shallow rally at […]
12 Jun 2014 @ 16:48
LEARN FROM THE GENERALS OF THE MARKETS – PART 49 “Over the years I have benefitted from many traders (alive and dead), investors and professionals.” – Alan Saunders Born in January 19, 1944, in Newton, Massachusetts, USA. Peter Lynch is considered to be one of the greatest investors around. He studied at Boston College (1965) […]
12 Jun 2014 @ 16:02
This pair has consolidated in bearish trend and below the 200 day moving average, so the EUR/JPY is in a strong bearish momentum. For now, the EUR/JPY is trying to form a bullish pattern below the pivot point level of 138.19. If the pair manages to make a breakout at that level, the next target […]
12 Jun 2014 @ 11:20
Camco Clean Energy stock (
LSE:CCE) has experienced a pullback in the context of an uptrend. This is a great buying opportunity in the chart. The price is far above the EMA 21 and the Williams’ % Range period 20 is not that far from the overbought region. Clearly, the bulls are in control, and since […]
12 Jun 2014 @ 11:12
Octagonal shares (
LSE:OCT) have been in a repulsive equilibrium phase for many months before the price started to make some bullish attempt. Although the recent consolidation was to the downside, the market was generally ugly. There has been a bullish breakout in the chart; plus it is thought that the breakout would be sustained. The […]
10 Jun 2014 @ 10:16
The EURGBP has dropped below the pivot point level of 0.8099. This pair has been very strong in the current bearish trend below the 200 day moving average, so the next target is the support level of 0.8076. If the EURGBP manages to make a breakout at that level would be expected to fall to […]
10 Jun 2014 @ 09:58
GOLD (XAUUSD) Dominant Bias: Bearish In the context of a downtrend, Gold is making attempts to rally. The attempts have not really ruled out the bearish bias, except the price goes above the resistance level at 1270.00. A close above that level would mean the beginning of a new bullish trend; but as long as […]
09 Jun 2014 @ 11:41
The AUD/USD continues to strengthen the bullish trend above the 200 SMA. The Aussie is trying to consolidate above the pivot point level of 0.9336, so the next target would be the resistance level of 0.9355. If the pair manages to make a breakout at that level, the next target would be the level of […]