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Financial Guides

Daily analysis of major pairs for August 4, 2014

Aug 04 2014 @ 00:59
The USD/JPY pulled back seriously after testing the supply level at 103.00. For the bullish bias to remain valid, the price must stay above the demand level at 102.00. EUR/USD: This is a bear market in spite of the rally that occurred in the market on Friday, the rally is seen as a good opportunity […]
 

Weekly Trading Forecasts on Major Pairs (August 4 - 8, 2014)

Jul 31 2014 @ 17:43
Here’s the market outlook for the week: EURUSD Dominant bias: Bearish This pair has been able to continue its southward journey. The price is now going below the resistance line at 1.3400. The resistance line is a war zone between the bulls and the bears, for the price would be making some attempts to breach […]
 

The Easiest Ways to Turn Losses into Profits

Jul 31 2014 @ 00:13
“Isn’t the promised reward of greater independence, financial freedom, and life choices worth the risk?” – Louise Bedford Anyone who says trading is easy is telling a lie. Anyone who says success in trading isn’t possible is also telling a lie. Trading is challenging as well as it’s rewarding. The challenges are the blessings that […]
 

Tangiers Petroleum: The Stock Drops Like A Stone

Jul 28 2014 @ 22:26
Tangiers Petroleum stock (LSE:TPET) has dropped like a stone as a result of a sudden weakness in the market. The downward break happened with a huge gap that violated recalcitrant demand zones that would normally be extremely difficult to violate with normal price actions. In the chart, the 4 EMAs that are used have periods […]
 

Monthly Forecast on Gulf Keystone (August 2014)

Jul 28 2014 @ 22:15
Gulf Keystone shares (LSE:GKP) are very weak right now. For several months, the price has been unable to go determinedly upwards in spite of desperate efforts by the bulls. Again, the price has broken out below the lower Trendline, while the RSI period 14 has gone below the level 50. While this signifies a ‘sell’ […]
 

Monthly Technical Reviews on Gold and Silver (August 2014)

Jul 28 2014 @ 18:26
GOLD (XAUUSD) Dominant Bias: Bearish The recent bias on Gold is bearish, but the bulls have been making serious effort to push the price higher. It is possible that the price could go downwards, but this should be short-lived, for the price would meet some obstruction at the support levels of 1287.00 and 1297.00. In […]
 

Daily analysis of major pairs for July 28, 2014

Jul 27 2014 @ 21:31
The bullish trend on the USD/CHF is now very strong. Interestingly, the market has tested the resistance level at 0.9050, and with the continuation of the trend, the market may go towards the resistance level at 0.9100. EUR/USD: The bearish outlook on the EUR/USD is currently very strong. On Friday, July 25, 2014, the price […]
 

Weekly Trading Forecasts on Major Pairs (July 28 – August 1, 2014)

Jul 25 2014 @ 04:01
Here’s the market outlook for the week: EURUSD Dominant bias: Bearish This pair has dropped by over 140 pips since last week, testing the support line at 1.3450. The price has tried to bounce upwards from that support line, but the upward bounce is weak. It is still expected that the price would test the […]
 

Losing Trades, Winning Trades

Jul 24 2014 @ 02:55
“The vast majority of “rich” people I’ve known have accumulated wealth as a result of taking risks, working very hard, and spending and investing their money wisely over time.” – Joe Ross Snake-oil vendors promise you that your account would double every month and you can often win 55 trades successively. You’re blown off. After […]
 

Petropavlovsk Shares Shall Crash Further to the Floor

Jul 22 2014 @ 10:21
Petropavlovsk shares (LSE:POG) are a very weak market and it is expected to continue crashing to the floor. The next targets for the bears are located at the support levels of 32.00, 31.00 and 30.00. In the chart, the price is trying to effect a weak rally, which is a normal thing in a strongly […]
 
 
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