Financial Guides

The USD/CHF made an effort to test the great resistance level at 0.9000, and the price got retraced after this was done. The market tested that resistance level several weeks ago, but it was unable to break it to the upside. There is now a need to break the resistance level to the upside, so […]

Here’s the market outlook for the week: EURUSD Dominant bias: Bearish The dominant bias for this week has been the same for last week – it is unchanged. The bearish trend in the market is now particularly strong, and it may continue as such. The price may reach the support lines of 1.3500 and 1.3450 […]

“If you understand this way of thinking – that by taking smart risks you can make money over time – it will improve your willingness to take risks.” What is the answer to the question that forms the topic of this article? The answer is a big NO! Floyd Mayweather, LeBron James, Cristiano Ronaldo, Tiger […]

Oilex shares (LSE:OEX) go further upwards, moving above the 4 EMAs that are used in this analysis. This is a bull market and the market has resumed its upwards journey, as it should. In the chart, the 4 EMAs used are EMAs 10, 20, 50 and 200. The color that stands for each EMA is […]

Alba Mineral Resources stock (LSE:ALBA) has been given a new lease of energy. This means the price has gotten some stamina and should continue going upwards, following the sudden jump up (a significant bullish breakout). The price broke out significantly from the area of the Upper Trendline. This ended the many months of boring equilibrium […]

Instrument: USDJPY Order: Sell Entry date: July 14, 2014 Entry price: 101.528 Stop loss: 102.538 Take profit: 99.538 Instrument: AUDJPY Order: Sell Entry date: July 14, 2014 Entry price: 95.356 Stop loss: 96.378 Take profit: 93.378 Instrument: CADJPY Order: Sell Entry date: July 14, 2014 Entry price: 94.777 Stop loss: 95.795 Take profit: 92.795 Instrument: […]

The USD/JPY is still in a bearish mode, although the price is making some rally attempts. The rally may be contained at the supply level of 101.50. This is an area from which the price may go further downwards. EUR/USD: The bias on this market is bearish and the price is expected to go further […]

Here’s the market outlook for the week: EURUSD Dominant bias: Bearish Although the EUR/USD remains a weak pair, the direction on it has not been significantly bearish (neither has the price been able to go upwards significantly). However, this kind if market is great for scalpers and intraday traders, but not for swing and position […]

A STEP BETWEEN PENURY AND SOLVENCY “Once you take the desire to make money out of your trading and put in the desire to do what good traders do, your mindset shifts and allows you to make more good decisions.” – Craig Cobb Alan* has reached the end of his tether. His handiwork is not […]

Quadrise stock (LSE:QFI) has started a new northward outlook, as it rises. The northward outlook could last for several months. The recent bias was bearish and the price has been extremely volatile – making wide stops sensible in this market. In the chart, the price broke above the EMA 21, gapped upwards and closed above […]