Technical Analysis

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 […]

The USDJPY is forming important patterns that could seriously affect the development of the general trend in this pair. The USDJPY is trying to break the support at the 98.25 level. If the pair manages to break it, would be expected to fall to the level of 97.12. Furthermore, the possibility exists that this pair […]

The EURUSD has been very bullish this week and is expected to continue rising over the next week, due to several bullish patterns currently present. The EURUSD continues to rise and break resistance levels on the way. Now, this pair is trying to break the resistance level at 1.3134, which houses the 200 day moving […]

The loonie continues to consolidate in a strong bullish trend, while this still forming bullish patterns to continue strengthening its overall trend. USDCAD is forming a lower high pattern above the support at the level of 1.0463. In the current range in which we find this pair, it is likely to be no definite trend […]

Albeit the current bias on TXO stock (LSE:TXO) is bearish, the bias is expected to vanish sooner or later, as the stock resumes a long-term upward journey. This is indeed a buying opportunity of a lifetime! Even, should the stock trend further lower, the movement is going to be transitory, for it would merely give […]

Medusa Mining shares (LSE:MML) are bound to continue falling further as the reality on the chart indicates. At the time of writing this forecast, the price was trading at 92.5, and it may fall further towards the support levels of 91.000 and 90.00 respectively. Historically, any upward surge in the price has invariably been a […]

In the previous week, the dominant biases in the markets have proven to be valid (even till now). It can be seen that the consolidations and reversals that happened on major pairs and crosses were short-term in nature; as the respective instruments have continued in the direction of the major biases. The USD and the […]