Technical Analysis

The Aussie remains above the 200 SMA and the pivot point. The AUDUSD is forming bullish patterns above the pivot point at the level of 0.9272, so it is very likely that this pair rise to the resistance level of 0.9291. If the pair manages to make a breakout at that level, the next target […]

Here is the current outlook on Gold and Silver. GOLD (XAUUSD) Dominant Bias: Bullish The bias on Gold was recently bearish, but the precious metal has been trying to reject further southward move. The effort to reject further southward move became serious throughout last week when the price found a bottom at the support level […]

The USD/CHF tested the resistance level at 0.8950 last week. It would test that resistance level again this week. EUR/USD: In spite of the adamancy of the EUR, this pair remains a bear market. Yes, the outlook is bearish and the market is expected to continue going lower this week. The support line at 1.3700 […]

Here’s the market outlook for the week: EURUSD Dominant bias: Bearish The pair has remained bearish recently, going downwards slowly and steadily. There is a Bearish Confirmation Pattern in the chart, and with the continuation of the selling pressure, the price would easily test the support line at 1.3650. Should that support line be breached […]

Despite the rampant bullish sentiment over the last year the FTSE 100 is still trading below its high set in May 2013. The failure of the FTSE to follow the S&P 500 to new all-time highs this year and the fact that it still trades over 200 points below the 2013 high could be a […]

“Given as few as 30 per cent winners, one can earn a fortune in the markets if only one knows how to handle winners and losers.” – Dirk Vandycke Please let me introduce you to some premium signals that would be coming your way occasionally. The JPY Pairs Pullback signals are good and we’ll continue […]

The NZD/USD has fallen in the last hours. The NZD/USD remains very strong in the current bearish bias after the pair has found resistance at 0.8690 level. Now this pair is trying to consolidate below the 200 SMA. If successful, it is expected to fall to the support level of 0.8595. On the other hand, […]

This space is normally devoted to commentary on one or more companies’ share price. Today it is about exposing what may be the biggest scandal ever to hit stock exchanges around the world. The problem in the U.S. is so  bad that the FBI is now investigating the massive fraud being perpetrated on U.S. investors. […]

ADVFN shares (LSE:AFN) are bearish: they may go further south until they reach the low at 2.50. Should that low (demand level) succeed in checking further bearish move, the shares may bounce upwards from there. Someone says bull markets are fun. I say bear markets are also fun, aren’t they? In bear market, short-sellers can […]

BP stock (NYSE:BP) has broken out to the upside and would continue going further north. We want to buy when the trend is strong and stay aside when it is not strong. When the trend in the market is unclear, one would want to apply some filter so as to avoid bogus indications, which may […]