Feb 21 2016 @ 16:53
The EUR/JPY first went upwards last Monday (February 15, 2016). On the following day, the market started dropping gradually from the high of the day, reaching the demand zone at 125.00 on Friday. This was a movement of 300 pips; plus the chances of the EUR/JPY going upwards are very slim, unless the Yen loses […]
Feb 20 2016 @ 04:35
Here’s the market outlook for the week: EURUSD Dominant bias: Bullish This pair went slightly downwards on Monday and moved sideways for the rest of the week. A closer look at the chart revealed a consolidation to the downside, which threatens the recent bullish bias. For the bias not to turn bearish, bulls must prevent […]
Feb 17 2016 @ 09:03
Lloyds shares (
LSE:LLOY) are in a major downtrend, which has been in place since the last several months. Adamant buyers would have lost a lot in this kind of market, simply because they refuse to go with the flow of the market. In the chart, 4 EMAs are used, and they are EMAs 10, 20, […]
Feb 14 2016 @ 15:19
The EUR/JPY dropped by 450 pips last week, owing to the strength in the Yen. Even the bullish effort on the EUR was unable to prevent the smooth southward movement. The price reached the demand zone at 126.00, and it could go below it despite the current upwards bounce present in the market. The upward […]
Feb 13 2016 @ 16:56
Here’s the market outlook for the week: EURUSD Dominant bias: Bullish EURUSD moved upwards by 230 pips last week, topping at the resistance line of 1.1350, before the current bearish correction. From that resistance line, price got corrected by 100 pips while the bias on the market remains bullish. There is a need for price […]
Feb 10 2016 @ 02:17
Barclays shares (
LSE:BARC) have been trending strongly downwards for several months and this is supposed to continue this year. A trend might last longer than what most people think, and as a result of this it is possible that the price would continue going south and south. The ADX period 14 is above the level […]
Feb 07 2016 @ 23:46
The USD/JPY dropped by roughly 500 pips last week, testing the demand level at 116.50. The massive drop was partly due to the perceived weakness in USD, and the bearish movement might continue this week, targeting the demand levels at 116.00 and 115.50. In view of this, long trades are not recommended until it is […]
Feb 06 2016 @ 03:45
Here’s the market outlook for the week: EURUSD Dominant bias: Bullish This pair was engaged in a smooth bullish run last week, moving upwards 420 pips before the bearish retracement that was seen on Friday (February 5, 2016). The bearish retracement could be taken as a sale in the context of an uptrend, for the […]
Feb 04 2016 @ 15:27
WHAT YOU NEED TO KNOW ABOUT MASTER TRADERS – PART 2 “The main purpose of the stock market is to make fools of as many men as possible.” Name: Bernard Baruch Date of birth: August 19, 1870 Nationality: American Occupation: Investor, financier, philanthropist, and statesman THE LONE WOLF OF WALL STREET Bernard was born in […]
Feb 04 2016 @ 03:04
FTSE 250 stock (
FTSE:MCX) has plunged massively while the market remains volatile. The massive plunge has resulted in a bear market, which would hold out for this year. 4 EMAs are used for this strategy and they are EMAs 10, 20, 50 and 200. The color that stands for each EMA is shown at the […]