11 Dec 2013 @ 19:03
Strategic Natural Resources shares (
LSE:SNRP) remain upbeat as they struggle to shrug off the influence of the recent bearish trend on them. Should the price go above the market level of 10.00, and then above the EMA 200, it would be the start of a long bullish journey. There are 4 EMAs on the chart […]
10 Dec 2013 @ 19:00
The JPY pairs are strongly bullish, breaking new highs and supply zones. This outlook may continue this week, but there may be some fleeting bearish corrections along the way. EURUSD: This pair has moved upwards by over 46 pips this week, in what could be called a slow and steady bullish journey. The Bullish Confirmation […]
10 Dec 2013 @ 16:10
The kiwi has sought to consolidate its current bullish trend above the 200 SMA, which could be a clear indication that the bulls want to stay in the battle. The NZD/USD has consolidated above the weekly pivot point at 0.8237 level and is very likely to pair up to resistance level at 0.8335. However, we […]
09 Dec 2013 @ 17:05
Last week, the directional forecasts on the EURUSD and the USDCHF were correct. For example, the USDCHF trended downwards by over 140 pips, closing at 0.8917. EURUSD: The EURUSD, which has been bullish for more than 2 weeks, has been able to maintain its bullish stance in spite of the initial upswings and downswings within […]
07 Dec 2013 @ 01:24
Why do I recommend small lot sizes? There are happy traders who say these things: “The markets aren’t hunting for me. I’m part of a large trading community. I know that losses are normal part of doing any business. My winnings are on the way.” “I know that the volatility in the markets is normal. […]
05 Dec 2013 @ 22:58
Despite the recent good economic reports, sentiment remains bearish and the stock markets are staying down. As I have mentioned before the FTSE 100 is the leading index and the S&P 500 is now catching up with the FTSE 100. Companies listed on the FTSE 100 are exposed to emerging markets which are a barometer […]
04 Dec 2013 @ 18:39
Touchstone shares (
LSE:TGL) have been falling and things would remain downbeat. The price has been trending downwards for most past of this year, losing thousands of points along the way. The price would have a leg down, show some stabilization, and then show another leg down. Any reversal formations on the charts have been transitory […]
04 Dec 2013 @ 18:31
Following long period of trendless phases, there has been a dynamic rise on Doriemus stock (LSE: DOR). Since October 2013, the price has risen significantly; as it makes attempt to recover some recent losses. This is a surprise to the battered bears who are too ashamed to see that the price is going determinedly against […]
04 Dec 2013 @ 07:15
It’s December, a month where people take the opportunity to do holiday shopping and this in particular makes December in one of the months with higher volatility in the currency market. In the U.S. , sales of the famous cyber monday reached a record figure of $ 2.29 billion, thus, the USD Index has been […]
03 Dec 2013 @ 22:02
In the context of an uptrend, the USDJPY has experienced a pullback. Nevertheless, the pullback is expected to be transient. EURUSD: The market is in a kind of consolidation, though the bullish domination is still very clear. When the price does rally again, it would easily break the resistance line of 1.3600 to the upside, […]
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