Financial Guides

Instrument: USDJPY Order: Sell Entry date: January 27, 2014 Entry price: 102.620 Stop loss: 103.624 Take profit: 100.624 Instrument: AUDJPY Order: Sell Entry date: January 27, 2014 Entry price: 87.774 Stop loss: 90.778 Take profit: 87.778 Instrument: CADJPY Order: Sell Entry date: January 27, 2014 Entry price: 92.330 Stop loss: 93.345 Take profit: 90.345 Instrument: […]

Last week was very interesting in the markets because there were significant reversals. For example, the EUR/JPY, which has long been in an equilibrium zone, was able to break out in the direction of the bears. The new biases would continue to be valid for this week. EUR/USD: This pair was able to shrug off […]

There have been interesting developments in the markets as currency trading instruments experience significant reversals. For example, the EURJPY was able to break out in the direction of the bears, after some protracted consolidation phase. The price went below the supply zone of 140.00, and it is expected to continue going down further. EURUSD Dominant […]

“It is so important in the training for trading to do the right things from the very beginning.” – Norman Welz I recently met someone who doesn’t even know how to trade Forex, though he’d heard the word ‘Forex.’ We were chatting together and he, interestingly, said that when he was ready to do Forex, […]

Yahoo! stock (NASDAQ:YHOO) was bullish for the most part of 2013 and this would continue this year. The probability of a trend going further according to a dominant bias is much more than the probability of it reversing. Right now, there is a pullback in the market and the ADX period 14 is showing the […]

FTSE 100 (FTSE:UKX) has been going upwards since the middle of December 2013. This is a trend that is supposed to be sustained for the most part of this year. On the chart, the price is above the EMA 21, which is sloping upwards; while the MACD (standard settings) has both its histogram and signal […]

JPY Pairs Pullbacks Trading Signals (January 20 – February 3, 2014) Instrument: USDJPY Order: Sell Entry date: January 20, 2014 Entry price: 104.199 Stop loss: 105.210 Take profit: 102.210 Instrument: AUDJPY Order: Sell Entry date: January 20, 2014 Entry price: 91.719 Stop loss: 92.736 Take profit: 89.736 Instrument: CADJPY Order: Sell Entry date: January 20, […]

This week, the USD/CHF should be able to trade above the market level at 0.9100. The ultimate target for this week is the resistance level at 0.9200. EUR/USD: This market has been bearish and it would continue to be so this week. We are watching the support lines at 1.3500 and 1.3450, which are the […]

For a few weeks, the EURJPY has been experiencing limited bullish energy. Since the overall bias is bearish, it looks sensible to seek ways to go short when the price rallies, at least, to make allowances for the huge upswings and downswings in the price, as it occasionally happens. The price has been moving sideways […]

International Business Machines stock (NYSE:IBM) has been rallying since December 2013. The price has formed a Double Bottom pattern (a “W’ shape), which means a true bottom has been found at those extreme ends, and the price ought to be going upwards. In the chart, the EMA 20 has crossed the EMA 50 to the […]