Technical Analysis

EURUSD Primary trend: Bullish The outlook on this popular pair remains bullish, and it is expected to be so. There is a Bullish Confirmation Pattern on the chart (with the indicators pointing to further northward possibility). A long position may be judicious on the EURUSD as long as a stop is put around the support […]

Last week, the EURUSD made ​​very volatile movements but failed to leave the range in which it currently is. The EURUSD is near the bullish trend line and support at the 1.3018 level. If the EURUSD does make a bearish candlestick breakout in the trend line and support, the EURUSD could fall to support at […]

EURAUD: BUY There has been a Bullish Confirmation Pattern on the EURAUD cross, and for those who think the price has gone too far, this may just be the beginning. The price condition, though looking simplistic, is dictated by some exogenous factors. A trend is not over until it is actually over. From February 2013 […]

In the yesterday’s session, the EURUSD had sideways movements, clearly demonstrating indecision among investors due to economic data “mixed” come from both Europe and North America. There is a strong support at the 1.3004 level, if the EURUSD does make a breakout of this support with bearish candlestick, might take a fall to the level […]

The price on Northern Petroleum (LSE:NOP) has recently been in a perpetual downward bias. Things remain pessimistic about the company’s shares, favoring only short-sellers. For the bulls that refuse to smooth their positions, we do not know how many people would be eventually wet by the incessant rain. The stock might pretend to be moving […]

The outlook on Amerisur Resources (LSE:AMER) is no longer bright. This means the prospects are in favor of the bear. This is not the time when the price would go ballistic – not even in the near future. A broken calabash is definitely not fit for drinking pap. Last month, the stock made some northward […]

Yesterday’s session was very bearish for the GBPUSD, due to “bad” economic data that were released early and that demonstrate, that the UK economy is not good, for now. The GBPUSD is now trying to make a breakout of support at 1.5225 level, if the cable does that breakout, could fall to next support at […]

In the yesterday’s session, the EURUSD had a bearish day, thanks to economic data that did not favor this pair. The EURUSD is facing a very important: The support at the 1.2995 level. If the EURUSD does a breakout in this support, it is likely that the EURUSD can fall to the next support level […]

Yesterday’s session was very bullish in the last hours for the cable. Now, the GBPUSD is facing a strong resistance on the upside. The GBPUSD is forming a lower high clear pattern in the H1 chart. The resistance in the 1.5377 level is very strong, because it has been touched days ago but could not […]

The EURUSD had a bearish week start, which, indicates that this pair has a desire to want to continue the long-term trend: bearish. The EURUSD is approaching to the psychological support level of 1.30, a significant level at which many traders, they decide to buy or sell, in large quantities. Currently, the EURUSD is below […]