19 Nov 2013 @ 20:49
The perpetual southward movement on the USDCHF has resulted in a renewed bearish signal. The price may break the support level of 0.9100 to the downside. EURUSD: The slow and tardy bullish movement on the EURUSD has resulted in a clean bullish signal in the market. This is a result of the perpetual northward bias […]
19 Nov 2013 @ 11:43
The kiwi found strong resistance near the 0.8407 level and now this pair is dominated by the bears. The NZD/USD is falling below the monthly pivot is located at the 0.8332 level and now, it is likely that this pair fall to support at the 0.8287 level. However, the bullish outlook still alive in this […]
18 Nov 2013 @ 17:30
The Cable is now trading above the accumulation territory of 1.6100, in what is called a bullish mode. This week, the price may reach the distribution territory of 1.6200, even possibly breaching it to the upside. EURUSD: There is not yet a clear signal on the EURUSD, but it is much more likely that the […]
16 Nov 2013 @ 07:27
LEARN FROM GENERALS OF THE MARKETS – PART 40 “True success is the only thing that you cannot have unless and until you have offered it to others.” Charles Thomas Munger was delivered as a baby boy on January 1, 1924, in Omaha, Nebraska, USA (Warren Buffet is also a native of Omaha). He’s a […]
15 Nov 2013 @ 14:04
The EUR/JPY has strengthened in the current bullish trend and is likely to continue to rise for the rest of the week. This pair has a strong bullish rebound on the moving average of 200, which gave a great impetus to consolidate the current bullish trend. During yesterday’s session, the EURJPY broke the resistance at […]
14 Nov 2013 @ 23:22
In the world of stocks and shares sentiment plays a big part in the valuation of a stock. The basic relationship is that when stocks are expensive and sentiment is bullish stocks become dearer, and when stocks are cheap and sentiment is bearish they become cheaper. Remember the merger between AOL and Time Warner in […]
13 Nov 2013 @ 18:20
There has been a significant northward breakout on African Potash (
LSE:AFPO), following an exponential rise in the market, as seen on the chart. The bulls have been goosed into action, and the price may be trading above the distribution territory of 3.00 soon thereafter. The price broke out of the upper Trendline, and closed above […]
13 Nov 2013 @ 18:08
There is a Bullish Confirmation Pattern on Tower Resources (
LSE:TRP), though the current southward correction could make some think that the price would plummet once again (since day trading bears could make quick bucks here). However, as Clem Chamber once said: No one ever criticizes madness when it is working in their favor. Why this […]
12 Nov 2013 @ 18:46
In a strong bullish bias, the USDJPY has moved upwards by over 70 pips this week. The price is currently trading above the demand level of 99.50 (which was an intermediate target for Monday), going towards the supply level of 100.00. EURUSD: There is still a Bearish Confirmation Pattern on the EURUSD, and the price […]
12 Nov 2013 @ 14:55
The Aussie continues extending its drop below the 200 day moving average. AUD/USD is trying to break the support at the 0.9339 level. If successful, it is expected to fall to the level of 0.9280. On the other hand, if this pair achieves to consolidate above the 0.9339 level, would be expected to rise again […]
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