Technical Analysis

Instrument: AUDJPY Order: Buy Entry date: September 3, 2014 Entry price: 97.682 Stop loss: 96.669 Take profit: 97.869 Instrument: AUDUSD Order: Buy Entry date: September 3, 2014 Entry price: 0.93063 Stop loss: 0.92036 Take profit: 0.93238 Instrument: EURAUD Order: Sell Entry date: September 3, 2014 Entry price: 1.41126 Stop loss: 1.42176 Take profit: 1.40974 Instrument: […]

The AUDUSD is moving in a range below the resistance level of 0.9292, by what this pair could fall up to the support level of 0.9249. This pair is trying to form a bearish pattern for strengthening the current bearish trend. If the AUDUSD manages to make a breakout 0.9224 level, would be expected to […]

Proteome Sciences shares (LSE:PRM) have become determinedly bullish again. The bulls may regain the territory that has been lost and the price may breach further resistance levels as it goes northwards. Although the current bias is not very strong – as shown by the ADX period 20 line which is below the level 20 – […]

Armstrong Ventures stock (LSE:AVP), which is very cheap, has been building a long-term solid base for several months. This is a kind of the market environment that some veteran speculators would like to watch; they would like to act on it as soon as the price signals there is an opportunity. This is a flat […]

The EURJPY is finding resistance in the 200-day moving average in the H1 chart. This pair is consolidating above the daily pivot point level of 136.89, so that the next objective in the bullish road would be the resistance level of 137.13. On the other hand, if the EURJPY manages to make a breakout at […]

The USD/CHF has been able to stay above the support level at 0.9150. In fact, the price is now trading upwards, going towards the resistance level at 0.9200. That is the target for this week. EUR/USD: With the clean Bearish Confirmation Pattern in the market, this pair has the potential to move further southward. One […]

Here’s the market outlook for the week: EURUSD Dominant bias: Bearish This pair is still currently bearish, but it is forming a base. A base is a kind of consolidation that precedes a breakout. With more weakness in the Euro, the price could reach the support lines at 1.3100 and 1.3050. Meanwhile, any rallies along […]

The NZDUSD has made a pullback in the moving average of 200. This pair has found resistance in the daily pivot point level of 0.8383 by what this pair could fall up to the support level of 0.8361. If the NZDUSD manages to make a breakout at that level, would be expected to fall until […]

GOLD (XAUUSD) Dominant Bias: Bearish Contrary to the assumption that Gold would be bullish, its price has gone downwards significantly within the last 2 weeks. There is now a Bearish Confirmation Pattern in the market and the market can continue to be weak. There are support levels at 1275.00 and 1265.00, which would serve as […]

GULF KEYSTONE SHARES RALLY The shares (LSE:GKP) were trending downwards till the early part of August 2014. That was when the price hit a rock bottom around the demand level at 60.00. After this, the price begins to rally – something that is still valid up till now. In the chart, the price broke above […]