Technical Analysis

Recently, I went to a local cash office. There were many customers there, and while I was waiting for my turn, a man asked me what I did for a living. I was happy to reply him that I’m a Forex trader and a market analyst. “Forex,” the man said, “ruined many people, including me, […]

The EURUSD remains strong in the current bullish trend is likely to continue rising, during this week. EURUSD is forming a pattern lower high resistance below the level of 1.3175. If the pair manages to break that level, it is expected to rise to the level of 1.3282. On the other hand, we must bear […]

The EURGBP continues to consolidate in the current bullish trend, while it tries to form patterns to strengthen bullish trend. Days ago, the EURGBP made ​​a bullish rebound in the 200 day moving average near 0.8509 level. Then, the pair broke the resistance level at 0.8613 and now,  it’s trying to climb to the resistance […]

Since February 2013, Thorntons plc shares (LSE:THT) have been trending upwards. In June, there was a bogus ‘sell’ signal on the market, but the shares quickly recovered and resumed trending further north. Right now, long positions are still more preferable, based on the explanation below. Technically, the EMA 21 is sloping upwards, while the Williams’ […]

Ultrasis stock (LSE:ULT) has already become a bulls’ paradise and the scenario is expected to continue. This is a bull market; a trend is not over until it is finally over. From the beginning of 2013 till June, the stock was in a tight consolidation phase. Since June, there has been a northward breakout on […]

That’s a very good question.  What do a retail candy store chain and an IPTV company have in common?  At first glance, it would appear that the answer is “nothing”.  May I suggest that on this date, 15 July 2013, they both prove that what they teach in art appreciation courses is true.  That is, […]

Pound Sterling Over the course of last week the Pound experienced pretty extensive fluctuations. As the week began, disappointing UK industrial production figures and speculation surrounding Federal Reserve chairman Ben Bernanke’s announcement saw Sterling slide against the US Dollar and Euro. To ask a currency expert a question direct, click HERE Or to receive a […]

The recent week was characterized by significant reversals in the markets; an event which led to new confirmed signals on popular pair and crosses. This is especially possible with the new lease of stamina in the EUR and the GBP, as the USD was suddenly caught in exponential weakness. Even the JPY pairs have assumed […]

The GBPUSD continued its bullish trend and is expected to this week, this pair continues to build the bullish road. GBPUSD is forming a lower high pattern, below the resistance level at 1.5200. We must be cautious at current levels, because the GBPUSD made ​​a strong bearish movement and this might indicate a change in […]

Online trading brings out our best and our worst. However, it’s the way we deal with these two extreme emotions that matter. People want the method without acknowledging the fact that their mindset is more important than the method. Trading success is nearly 100% psychology. It’s not uncommon to see many a mad genius using […]