Financial Guides

Iofina shares (LSE:IOF) are expected to dip further. The overall bias is bearish – established bias – and the possibility that the price may dip further is very high. The price is below the EMA 21. The Williams’ % Range period 20 recently sloped upwards in the context of a downtrend. This is a kind […]

Here’s the current outlook on Gold and Silver. GOLD (XAUUSD) Dominant Bias: Bearish Gold is now a turbulent market as a result of the upswings and downswings in the price which are brought about by cut-throat struggle between the bull and the bear. The overall bias has been bearish: although there is a speculation that […]

The USDCHF has already generated a bullish signal: the price would easily test the resistance level at 0.8850. EUR/USD: It is still safe to call this pair a bull market. As long as the price is above the support line at 1.3800, the bullish outlook is valid. Any movement below that support line would mean […]

Here’s the market outlook for the week: EURUSD Dominant bias: Bullish This market has been moving sideways for days without going in a directional move. However, the bullish bias is still valid because the price has been able to stay above the strong support line at 1.3800. Any movement below that support line could mean […]

“It is not so important to be right, but how to make money when you are right.” – Ivan Hoff I remember what happened at one interesting trading conference I attended about 5 months ago. It was an interesting conference indeed. At one stage, the moderator showed us a EURUSD chart (whose dominant trend was […]

There is a good opportunity to go long on Quindell stock (LSE:QPP). The long-term trend is bullish and the current pullback creates a great chance in the market. Here, the stubborn bear may not fear the possible northward outbreak: the fly does not fear death. But it is certain that the bear would be sliced […]

San Leon shares (LSE:SLE) are very weak; so they would continue going downwards until they reach an accumulation territory that is strong enough to challenge the downtrend. The price has been dropping since early February 2014. It consolidated this month, but later broke out below the lower Trendline. The RSI period 14 is likewise below […]

Here is the current outlook on Gold and Silver. GOLD (XAUUSD) Dominant Bias: Bullish As it was forecasted before, the price on Gold has become bullish and the perpetual bullish attempts in the market (in spite of some occasional pullbacks, which are often transient) are now conspicuous. From the support level at 1277.50, the price […]

The USD/CHF is weak and it is currently challenging the support level at 0.8750. Once the support level has been overcome, the price would go to the next target at 0.8700. EUR/USD: This currency trading instrument closed at 1.3884 on Friday, April 11, 2014. It closed on a bullish note, which means that the price […]

Here’s the market outlook for the week: EURUSD Dominant bias: Bullish This pair rejected the recent southward pull on it, trended upwards and resulted in a confirmed bullish bias. From the support line at 1.3700, this market has moved upwards and it could test the resistance line at 1.3950. Testing the resistance line at 1.4000 […]