Financial Guides

AIG stock (NYSE:AIG) has been showing some signs of a renewed bullish bias – as revealed by the current price action. Bearish pulls have been rejected and the price has been trending upwards. The EMA 11 is almost above the EMA 56 and the RSI period 14 is above the level 50. In this renewed […]

The minor gaps that occurred on the JPY pairs at the beginning of this week mean that significant movements would soon occur on them. EUR/USD: The bias on the EUR/USD is bullish and the price has bounced off the EMA 56, which is acting as a barrier to a further southward movement. The resistance line […]

JPY Pairs Pullbacks Trading Signals (March 3 – 14, 2014) Instrument: AUDJPY Order: Sell Entry date: March 3, 2014 Entry price: 90.603 Stop loss: 91.619 Take profit: 88.620 Recent performances December 2013 = 5% January 2014 = 2.1% February 2014 = 4.5% Note: The period mentioned above reflects the duration of an open position taken […]

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 […]

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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 […]