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Technical Analysis

Monthly Forecast on Gulf Keystone (July 2015)

30 Jun 2015 @ 17:40
Gulf Keystone stock (LSE:GKP) has broken out of a long-term base and this could be the beginning of a persistent bullish run. The price trended south in January to March 2015. The gap that occurred in February simply proffered an opportunity to sell short in the context of a downtrend. Since April, the stock has […]
 

Greece and EURUSD pair: finding dynamic resistance around 1.1200

30 Jun 2015 @ 14:13
EURUSD filled the bearish gap left during the monday session and now it’s looking for a clear road during this week. Greece has been in the world news headlines because of the economical crisis which is happening there and EURUSD is a pair very connected with that situation. However, the technical outlook is already pointing […]
 

Daily analysis of major pairs for June 29, 2015

29 Jun 2015 @ 08:59
The GBP/USD fell by roughly 200 pips last week, threatening the recent bullish outlook on the market. The bullish outlook would be valid only as long as the accumulation territory at 1.5650 is not broken to the downside. Once the accumulation territory is breached to the downside, the outlook would become bearish – an event […]
 

Weekly Trading Forecasts on Major Pairs (June 29 – July 3, 2015)

28 Jun 2015 @ 07:37
Here’s the market outlook for the week: EURUSD Dominant bias: Bearish Because of the events in the Eurozone, EUR pairs might open with gaps this week and in case the gaps happen, they would harbinger great volatility in the markets for the rest of the week. EURUSD trended downwards in the beginning of last week, […]
 

The Greatest Trading Skill in the World

26 Jun 2015 @ 07:38
“With every trade or investment there are four possible outcomes. You can have a small win, big win, small loss or big loss. As long as we make sure we eliminate the big loss from happening, we can certainly live with the other three.” – Sam Seiden What’s the most important thing every trader can/must […]
 

A Miracle Will Soon Happen on Afren

24 Jun 2015 @ 17:39
A miracle is expected to happen on Alfren shares (LSE:AFR), which would make them soar. This is what sensible speculators have been waiting for and they almost would not get disappointed. The market was in a strong downtrend late last year and in January 2015. However, since February, there has been a very tight sideways […]
 

Valirx Stock Is Useless to Sellers

24 Jun 2015 @ 17:30
Valirx stock (LSE:VAL) is not a market in which sellers can currently make money, and therefore, it is useless to them. From January to May 2015, the price moved in an equilibrium zone, and then broke upwards seriously. The price is currently volatile, but things are still in favor of buyers. 4 EMAs are used […]
 

EURJPY trading lower at intraday outlook

24 Jun 2015 @ 14:52
EURJPY is still looking for new lows after a successful breakout at daily pivot point level of 138.88. Also, we can expect a test of the support level at 137.73. Our current bearish outlook in an intraday basis is supported by the current position of EURJPY at H1 chart, which is trading below the 200 […]
 

Daily analysis of major pairs for June 22, 2015

22 Jun 2015 @ 09:13
The GBP/USD moved upwards nicely last week – a movement of 350 pips. Since June 8, 2015, the price has moved upwards by 650 pips. The distribution territory at 1.5900 is now being threatened and it could be slashed to the upside, as bulls target another distribution territory at 1.5950. However, the pair could reverse […]
 

Weekly Trading Forecasts on Major Pairs (June 22 - 26, 2015)

21 Jun 2015 @ 05:53
Here’s the market outlook for the week: EURUSD Dominant bias: Bullish EURUSD first consolidated last week; then it broke upwards, closing above the support line at 1.1300. The bias is still bullish and price could test the resistance lines at 1.1450 and 1.1500. Failure to do this could lead to a drop in the price, […]
 
 
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