Technical Analysis

Iofina shares (LSE:IOF) are expected to dip further. The overall bias is bearish – established bias – and the possibility that the price may dip further is very high. The price is below the EMA 21. The Williams’ % Range period 20 recently sloped upwards in the context of a downtrend. This is a kind […]

The NZDUSD remains very strong in the current bearish trend. The Kiwi has found resistance at the pivot point level of 0.8575, so it is very likely that this paica Gaiga to support level of 0.8550. If the NZDUSD manages to make a breakout at that level, the next target would be the support level […]

Here’s the current outlook on Gold and Silver. GOLD (XAUUSD) Dominant Bias: Bearish Gold is now a turbulent market as a result of the upswings and downswings in the price which are brought about by cut-throat struggle between the bull and the bear. The overall bias has been bearish: although there is a speculation that […]

The USDCHF has already generated a bullish signal: the price would easily test the resistance level at 0.8850. EUR/USD: It is still safe to call this pair a bull market. As long as the price is above the support line at 1.3800, the bullish outlook is valid. Any movement below that support line would mean […]

Here’s the market outlook for the week: EURUSD Dominant bias: Bullish This market has been moving sideways for days without going in a directional move. However, the bullish bias is still valid because the price has been able to stay above the strong support line at 1.3800. Any movement below that support line could mean […]

“It is not so important to be right, but how to make money when you are right.” – Ivan Hoff I remember what happened at one interesting trading conference I attended about 5 months ago. It was an interesting conference indeed. At one stage, the moderator showed us a EURUSD chart (whose dominant trend was […]

There is a good opportunity to go long on Quindell stock (LSE:QPP). The long-term trend is bullish and the current pullback creates a great chance in the market. Here, the stubborn bear may not fear the possible northward outbreak: the fly does not fear death. But it is certain that the bear would be sliced […]

San Leon shares (LSE:SLE) are very weak; so they would continue going downwards until they reach an accumulation territory that is strong enough to challenge the downtrend. The price has been dropping since early February 2014. It consolidated this month, but later broke out below the lower Trendline. The RSI period 14 is likewise below […]

The EUR/GBP continues to fall below the 200 SMA, in an effort to consolidate the current bearish bias. This pair is forming a bearish pattern below the pivot point level of 0.8236. Now the EUR/GBP aims at support level of 0.8206. If the pair manages to make a breakout at that level, would be expected […]

The AUD/USD began this week with a strong bearish bias. The aussie is trying to make a bullish rebound on the 200-day moving average, which is close to the support level of 0.9339. If the AUD/USD manages to make a breakout to the pivot point of 0.9373 level, it’s expected to rise to the level […]