Technical Analysis

The JPY pairs experienced upward gaps yesterday and have been trending upwards in most cases. This is in agreement with the extant bullish bias. EUR/USD: This pair has rejected the recent bearish pull on it. The price broke upwards, cutting through the market line of 1.3750, while going further upwards. Clearly, the bias has turned […]

Graphene NanoChem stock (LSE:GRPH) has been a highly trending market; a favorable condition for traders and investors. You need trend before you harness gains in the market, and this is what exactly Graphene NanoChem offers. If the chart is moved backwards by several months, it would be seen that this market trended downwards earlier this […]

IFG Group shares (LSE:IFP) have been making some upswings, followed by occasional downswings. Clearly, the bulls dominate the markets. They should have done so for the most part of the year. Now that they are doing it, it is with great determination, just like someone who was asked to say “yes.” But the person replied: […]

The EUR/GBP has had a week bearish, despite the low volatility this week has dominated the forex market. This pair is forming a higher low pattern below the monthly pivot level of 0.8358. Now, the EUR/GBP is encountering strong resistance at that level and if the pair manages to continue to fall, it’s expected to […]

The USD/JPY has maintained its bullish bias and would likely test the supply level at 104.50 again. Eventually, it is hoped that the supply level would be overcome and breached to the upside. EUR/USD: The bias here is bearish and the upswing in the Williams’ % Range shows that the current northward attempt, though shallow, […]

The USDJPY moved upwards by over 170 pips last week, challenging the supply zone of 104.50 before retracing southward. The southward retracement would be temporary, for the price would soon trade further upwards. EURUSD: This pair gave a bearish signal last week – something that is still valid. There has been some rally in the […]

LEARN FROM GENERALS OF THE MARKETS – PART 43 “Day trading strategies offer a shortcut in order to become profitable much quicker with a proven system.” – Marcello Arrambide Jeff Cooper (not to be confused with another popular Jeff Cooper who was an American Marine and an expert on the use of small weapons) started […]

The EUR/JPY is very strong and solid in the bullish trend, which is very normal current corrective movements. This pair is consolidating above support at 142.18 level. Now it is very likely to go up to the weekly resistance level of 142.80. Moreover, if this pair does break the support at the level of 142.18, […]

The bears are bent on pushing the shares price on Tri-Star Resources (LSE:TSTR) further southwards. Sometimes the simplest truths are the best. A tree that is too young to support our weight when we lean upon it cannot kill us if it falls upon us. In this market, the bulls have proven to be undependable, […]

It is more probable that Edge Resources (LSE:EDG) shall drop to the support level of 3.0 eventually, even breaking below it. This is a great possibility, for it is not uncommon for the price to sometimes drop like a stone, breaking the so-called psychological demand levels. On the chart, the price is under the EMA […]