Technical Analysis

Kibo Mining shares (LSE:KIBO) are very weak, and they would continue to be weak. Unless one goes short, anyone who holds the shares, thinking things would soon go bullish, would end up being kicked in the butt. Most tend to think that all that matters is the correct picking of stocks, but you can be […]

Here is a long-term forecast on Alibaba Group Holding stock (NYSE:BABA). This is a new market – one of the newest on earth and the media is full of the hype. It is better to speculate on this market with the aim of making long-term gain that is bigger than loss, while also considering potential […]

The EURJPY is finding support at the 139.58 level, where the pair is trying to make a bullish rebound. Now, the EURJPY is trying to make a breakout in the daily pivot point level of 139.89, to try to climb up to the resistance level of 140.14. If the pair manages to make a breakout […]

The EUR/USD pair is still trending downwards. On Friday, September 19, 2014, the price closed at 1.2829, on a bearish note. It is possible that the price would test the support line at 1.2800 very soon. EUR/USD: The EUR/USD pair is still trending downwards. On Friday, September 19, 2014, the price closed at 1.2829, on […]

The NZDUSD this moving in range below the 200-day moving average in the H1 Chart. This pair is trying to consolidate below the daily pivot point level of 0.8128, to fall to the support level of 0.8101. If the NZDUSD manages to make a breakout at that level, would be expected to fall until the […]

Instrument: USDJPY Order: Sell Entry date: September 19, 2014 Entry price: 108.795 Stop loss: 109.811 Take profit: 106.811 Instrument: AUDJPY Order: Sell Entry date: September 19, 2014 Entry price: 97.615 Stop loss: 98.653 Take profit: 95.654 Instrument: CADJPY Order: Sell Entry date: September 19, 2014 Entry price: 99.243 Stop loss: 100.261 Take profit: 97.259 Instrument: […]

Here’s the market outlook for the week: EURUSD Dominant bias: Bearish The bias on the EURUSD is still very bearish irrespective of the shallow rally the market is currently experiencing. In this market, rallies have proffered opportunities to sell short in the context of a downtrend. The continuation of the bearish bias may force the […]

The EURGBP has been strongly consolidated below 200-day moving average and the daily pivot point. Now, this pair is trying to form a lower low pattern below the resistance level of 0.7881. If the EURGBP manages to make a breakout at the support level of 0.7821, expected to fall to the level of 0.7790. For […]

African Minerals shares (LSE:AMI) have crashed – dropping significantly for the most part of the year. The bearish bias is so strong that anyone that goes long in this market would be sliced up. In the chart, the ADX period 14 is above the level 50, showing a very powerful trend. The DM+ is below […]

Aminex stock (LSE:AEX) has made sudden and substantial gains, breaking upwards from a long-term base that was building for several months. This is the kind of signal that professional speculators want to trade! The price is now trading far above the EMA 21 as the Williams’ % Range period 20 has already gone into the […]