Financial Guides

The fundamentals that were released on Friday, September 6, 2013 caused some corrections in the markets, but the dominant biases are still valid. EURUSD: The dominant bias on this pair is bearish, and the bullish attempt that was brought about on Friday could encounter an immediate check at the resistance line of 1.3200. This week, […]

“Trading rarely takes as much time as you think it will when you get started. Once you’ve nailed the concepts, the actual time it takes to trade is actually measured in minutes, rather than hours.” – Louise Bedford This topic is now a bone of contention among traders. Some say that indicators only confirm what […]

AFC Energy shares (LSE:AFC) may go further south, based on the price action which is currently on the chart. The market was turbulent in July 2013 and it traded downwards in August 2013. This outlook is expected to continue. Further bullish attempts were rejected in July, and since then the price has broken the lower […]

Quadrise Fuels stock (LSE:QFI) is a bull market and it can continue to rise as sellers stand in their own way due to overcautiuosness caused by repressed fear. On the chart, the 4 EMAs used are EMA 10, 20, 50 and 200. The color that stands for each EMA is shown at the top left […]

Yesterday, the markets opened with gaps, which are visible on hourly charts. Since then the JPY pairs have trended northwards, indicating a bullish outlook. Generally, there would be great volatility in the markets. EURUSD: In a vivid Bearish Confirmation Pattern, this pair has been trending downwards, following further weakness in the market. The price is […]

The EURUSD fell by roughly 170 pips last week, closing at 1.3222. There would be some short-lived bullish attempts this week, but the general outlook remains bearish. EURUSD: The EURUSD fell by roughly 170 pips last week, closing at 1.3222. There would be some short-lived bullish attempts this week, but the general outlook remains bearish. […]

Pound Sterling The Pound spent most of the week softer against its peers as concerns over possible military action against Syria was the main driving force behind the markets. Tuesday’s session saw the Pound fall against the Euro following the release of positive data out of the Eurozone and as tensions over Syria saw investors […]

The USDCHF has gone upwards this week. Having moved upwards by over 100 pips, the next resistance level to be breached is 0.9350. EURUSD: This pair has moved downwards by more than 150 pips in this week. Trading below the resistance line of 1.3250, the next price target may be the support line at 1.3200. […]

The EURUSD is now trading below the resistance level of 1.3300, targeting the support level at 1.3250. Furthermore the fundamental figures coming out today would have an impact on the Greenback. EURUSD: The EURUSD is now trading below the resistance level of 1.3300, targeting the support level at 1.3250. Furthermore the fundamental figures coming out […]

Premier Gold Resources stock (LSE:PGR) is a significantly bull market, resulting from the recent long term consolidation. The events that led to this kind of price action have succeeded in triggering a long term bullish signal. In this profession of speculation, prices tend to react to events and fundamentals in speedy manners. This month, the […]