05 Jun 2014 @ 15:09
The EUR/JPY has consolidated pivot point below the level of 139.72. This pair is trying to form a bearish pattern to continue falls below the 139.32 level. If the EURJPY manages to make a breakout at that level, the next target would be the support level of 139.10, where the 200 SMA is located. Moreover, […]
04 Jun 2014 @ 18:44
Rare Earth Minerals stock (
LSE:REM) has assumed a serious bullish bias, and this is something that results in windfall for the buyers. Recently the market, which was trending downwards, found some bottom at support level of 0.4. The bottom was found during a protracted consolidation phase that held out for a few months. In May […]
04 Jun 2014 @ 18:31
African Potash shares (
LSE:AFPO) were trending downwards in a slow and steady manner before further downwards trend was rejected in May 2014. Since then, the price has assumed a new bullish bias. The new bullish bas is sustainable because the price is now far above the Trendlines (an area from which it broke out). In […]
04 Jun 2014 @ 10:16
The NZD/USD has strengthened the current bearish trend in the last days. The Kiwi is trying to make a breakout in the support level of 0.8410, as this pair remains below the pivot point level of 0.8444. If the NZD/USD manages to make a breakout at the level of 0.8410, next target would be the […]
03 Jun 2014 @ 10:34
Instrument: EURJPY Order: Sell Entry date: June 2, 2014 Entry price: 139.240 Stop loss: 140.267 Take profit: 137.267 Instrument: EURAUD Order: Sell Entry date: June 2, 2014 Entry price: 1.47109 Stop loss: 1.48533 Take profit: 1.45133 Instrument: EURCAD Order: Sell Entry date: June 2, 2014 Entry price: 1.48206 Stop loss: 1.49221 Take profit: 1.46221 Instrument: […]
03 Jun 2014 @ 10:25
Instrument: USDJPY Order: Sell Entry date: June 2, 2014 Entry price: 102.395 Stop loss: 103.404 Take profit: 100.404 Instrument: AUDJPY Order: Sell Entry date: June 2, 2014 Entry price: 94.634 Stop loss: 95.660 Take profit: 92.660 Instrument: CADJPY Order: Sell Entry date: June 2, 2014 Entry price: 93.948 Stop loss: 94.964 Take profit: 91.964 Instrument: […]
02 Jun 2014 @ 09:19
There is a temporary pullback on the USD/CHF, which ought not to take the price below the support level at 0.8900, so that the bullish bias can remain valid. The price may go further upwards after the pullback has ended. EUR/USD: The bearish bias on this pair is still present, although there is a shallow […]
02 Jun 2014 @ 08:40
The EUR/GBP is trying to consolidate back above the 200 day moving average to continue extending the bullish trend. This pair has made a bullish rebound in the pivot point level of 0.8131, so it is very likely that the EUR/GBP rises to the resistance level of 0.8143. If the pair manages to make a […]
30 May 2014 @ 17:00
Here’s the market outlook for the week: EURUSD Dominant bias: Bearish This market has been moving downwards in a slow and tardy manner. Since early May 2014, the downward move that begun has taken the market down by over 380 pips. With the Bearish Confirmation Pattern in the chart, it is rational to expect that […]
29 May 2014 @ 09:25
Here’s the current outlook on Gold and Silver. GOLD (XAUUSD) Dominant Bias: Bearish Gold was in an equilibrium phase for most of the month of May 2014, but price has now broken out in the direction of the bears. From a weekly high of 1301.28, the price has dived, reaching a low of 1255.77. This […]