08 Sep 2014 @ 09:48
The EURGBP opened the week with a bullish gap above the 200- day moving average, so this pair could begin to fall in the next few hours. The EURGBP could perform a retracement to the daily pivot point level of 0.7936, which is below 200- day mobile average. If the EURGBP manages to make a […]
05 Sep 2014 @ 10:44
Here’s the market outlook for the week: EURUSD Dominant bias: Bearish The sudden weakness in the EUR has caused this pair to tumble. The pair was already bearish when this happened (it has been bearish since June 2014). On Thursday, September 4, 2014, the pair fell further by over 200 pips. In fact, all other […]
04 Sep 2014 @ 21:43
“Our mind is our enemy.” – Tom Hougaard Our mind is really our foe, especially when we find it extremely difficult to do what are in our best interest. Doing the right things tends to make us uncomfortable initially, unless we train our mind to adapt to doing the right things until they become our […]
04 Sep 2014 @ 21:21
Our timing indicator 13-day BTI is still near the overbought level, a continuation of the rally in the FTSE 100 will push this indicator to overbought. Such a move would create a sell signal. A more ominous signal could be given by the second timing indicator, 34-day BTI. This indicator is approaching overbought too. This […]
03 Sep 2014 @ 18:00
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: […]
03 Sep 2014 @ 10:09
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 […]
02 Sep 2014 @ 18:19
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 – […]
02 Sep 2014 @ 18:09
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 […]
02 Sep 2014 @ 09:47
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 […]
01 Sep 2014 @ 09:20
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 […]