Technical Analysis

The IBEX 35 is maintained above the 200 SMA on the daily chart and it’s expected that the bullish trend will continue to strengthen. The IBEX 35 has managed to break the strong resistance level of 9975.9 with a long bullish candlestick. Now, it is very likely to turn consolidates above the level of 10175.00, […]

Google stock (NASDAQ:GOOG) has been bullish for a few months. It is common for the price to enter a consolidation territory, remain there a little, and later break out higher in favor of buyers. This is what is happening right at the present. The price, which broke out above the upper Trendline, has entered another […]

Royal Bank of Scotland shares (LSE:RBS) has assumed a new lease of an uptrend, which would enable bulls to collect many socks along the way up, while bears lose their socks. The market was recently in a downtrend, but further downward movement was rejected in the month of December 2013, as the price broke upwards. […]

The USD/CHF remains bullish. The bearish correction it experienced yesterday simply gave an opportunity to go long when the price pulled back in the context of an uptrend. EUR/USD: The EUR/USD remains bearish. The bullish correction it experienced yesterday simply gave an opportunity to go short when the price went up in the context of […]

The EUR/USD was able to reach the forecasted target at 1.3600 on Friday. The outlook for this week is bearish. The price is now trading below the resistance line at 1.3600, going towards the support line at 1.3550. EUR/USD: The EUR/USD was able to reach the forecasted target at 1.3600 on Friday. The outlook for […]

The aussie has encountered strong resistance near 0.8991 level and next week, is likely to continue falling in this pair. The AUD/USD is forming a higher low pattern above support level of 0.8929. If the pair manages to break that level, would be expected to fall to the level of 0.8895. We should note that […]

“Everyone wants results without the struggle. We want success faster, more easily, and without the risk of failure. As a trader though, we know that we have to accept that this is an immature way of living.” – Louise Bedford There have been reactions from readers of my past articles – whether here or somewhere […]

The EUR/GBP has had a short bearish’s way into the H1 chart, but now it seems that this pair wants to recover. EUR/GBP is forming a higher low pattern below the resistance level of 0.8316. It is very likely that this pair fall to the weekly support level of 0.8291. However, if the pair manages […]

Facebook stock (NASDAQ:FB) is already a bull market in spite of occasional pullbacks that are experienced on it. These pullbacks give astute traders and investors good opportunities to go long at better prices. On the chart, the price is trading above the EMA 21 (which is acting as a support to the price). The Williams’ […]

Gulf Keystone shares (LSE:GKP), which have long been in some areas of stabilization, are expected to go seriously upwards this year, at least testing the distribution territory of 240.00 again, and possibly going far above it. The condition in the market shows that the price momentum is low. However, there would soon be a breakout […]