Financial Guides

The Cable was able to maintain the bullish scenario on it last week. This week, we are watching the distribution territories at 1.6800 and 1.6850 as potential targets. EUR/USD: The market was able to skyrocket from the support line at 1.3650 towards the resistance line at 1.3800. That was a movement of at least, 150 […]

Here’s the market outlook for this week: EURUSD Dominant bias: Bullish The recently precarious bullish bias on this pair is now established – as a result of a new lease of stamina in the Euro. The Bullish Confirmation Pattern in the chart remains fresh and the price still has more room to move northward. The […]

AN INSIGHT INTO THE MERITS OF TRADING “Trade as professionally as you can.” – Mebane Faber Successful trading is possible, but it requires dedication. You need to commit yourself to learning how to be the best trader you can be. Commit yourself to learning risk control and sound money management methods. Commit yourself to learning […]

Here is the current outlook on Gold and Silver. GOLD (XAUUSD): As it was mentioned in the last forecast on Gold, the price of this precious metal pulled back last week, following a few days of consolidation. However, the price has shrugged off further bearish pull as it begins a new period of bullish journey. […]

Annual Trading Forecast on Bank of America (2014) The Bank of America stock (NYSE:BAC) is expected to rally further after the current pullback – for the dominant bias is bullish. Also, we need to be wary of fundamental effects which can also have impact on the price.   4 EMAs are used for the analysis. […]

Gulf Keystone shares (LSE:GKP) have been trending lower since January 2014, and this may continue in March, although in a limited manner. The long-term outlook is bullish but the medium-term outlook is bearish. The price has fallen below below the Lower Trendline, plus  there has been a cut-throat struggle between the bulls and the bears. […]

The USD/JPY has been making some bullish effort but there is a need for a break above the supply level at 103.00 before there is a strong Bullish Confirmation Pattern in the chart. EUR/USD: This pair is expected to go further upwards in this week, reaching the target at the resistance line of 1.3800. The […]

Here’s the market outlook for this week: EURUSD Dominant bias: Bullish The outlook on this pair remains bullish unless the price crosses the support line at 1.3650 to the downside. Right now, the price action looks like a clean opportunity to buy long when there is a dip in the price and in the context […]

“The simplest trades are usually the best ones.” – Michael Hewson There are no guarantees in the markets, but there are certain things you can do that would ensure your continuous victory. Interestingly, there’s also one bet you can make and reap sure gains from – as far as your long term investment goals are […]

Microsoft stock (NASDAQ:MSFT) has been making attempts to recover the loss it sustained this year. Given the Bullish Confirmation Pattern in the chart, the price is supposed to go further higher. The ADX period 14 is below the level 20 (showing a trendless market). However, the DM+ is above the DM-. The MACD (default parameters) […]