Technical Analysis

EUR/JPY is consolidating above the 200 day moving average, though this could be the beginning of a bearish rebound. This pair is above the pivot point at the level of 138.10 as the EUR/JPY has recovered from falls. Now, the EUR/JPY is in a strong bullish bias. If the pair manages to form a bullish […]

LEARN FROM THE GENERALS OF THE MARKETS – PART 45 “Always remember this: There are traders that have ruined entire accounts but still did not give up and were ultimately successful.” – Marko Graenitz Toni Turner, a happy American trader, is a trading educator and a successful author of many trading and investment books. Some […]

Twitter shares (NYSE:TWTR) bare bound to rise higher this year. There have been consolidating phases in the market, following by upward breakouts. The ADX period 14 is currently below the level 30, showing a lack of momentum in the market. Plus the DM+ is above the DM-, meaning that the bulls still have some determination […]

FTSE 250 (FTSE:MCX) is currently gloomy for the bulls, but a boon to the bears. The price has been trending southward and it could go further as such. This stock formed a top in January 2014 as further northward effort was rejected. Since then, it has crossed the EMA period 21 to the downside, while […]

AUD/USD has been driven up by the success of the trade balance that were released a few hours ago, which reflected a positive reading of 0.47B versus -0.2B7 that were predicted. The aussie has managed to break the strong resistance level of 0.8940, which was holding back the progress of the bullish bias in this pair. […]

Plagiarism is described in Wikipedia as the “wrongful appropriation” and “purloining and publication” of another author’s “language, thoughts, ideas, or expressions,” and the representation of them as one’s own original work. Sadly the Internet has provided a platform for unscrupulous people to launch trading signal services, these people have little or no experience and their...

The kiwi remains above the 200 day moving average, so there are two possible scenarios: A bullish consolidation or the domination of the bears on this pair. NZD/USD could find dynamic resistance in the 200 SMA, if this pair makes a breakout from the pivot point at the level of 0.8183. If successful, the next […]

USD/JPY has found strong support at 100.79 level a support that has been quite strong in the last hours. This pair is in a bullish bias that has led it to consolidate above the pivot point at the level of 101.34. The nearest resistance is located at the level of 102.26. If the pair manages […]

AUD/USD had a bullish Asian session as the RBA has decided to keep the interest rate at 2.50%, so the reaction has been clearly positive in this pair. Technically, the Aussie has managed to break the resistance level at 0.8809 and next target would be the level of 0.8867. If the pair manages to break […]

EUR/JPY has been consolidated in the bearish bias, so it is very likely to continue to sell orders on intraday charts. This pair is below the daily pivot point at the level of 136.99. The nearest support is fixed at the level of 135.91. If the pair manages to make a breakout at that level, […]