Dec 10 2013 @ 02:00
The JPY pairs are strongly bullish, breaking new highs and supply zones. This outlook may continue this week, but there may be some fleeting bearish corrections along the way. EURUSD: This pair has moved upwards by over 46 pips this week, in what could be called a slow and steady bullish journey. The Bullish Confirmation […]
Dec 09 2013 @ 00:05
Last week, the directional forecasts on the EURUSD and the USDCHF were correct. For example, the USDCHF trended downwards by over 140 pips, closing at 0.8917. EURUSD: The EURUSD, which has been bullish for more than 2 weeks, has been able to maintain its bullish stance in spite of the initial upswings and downswings within […]
Dec 04 2013 @ 01:39
Touchstone shares (
LSE:TGL) have been falling and things would remain downbeat. The price has been trending downwards for most past of this year, losing thousands of points along the way. The price would have a leg down, show some stabilization, and then show another leg down. Any reversal formations on the charts have been transitory […]
Dec 04 2013 @ 01:31
Following long period of trendless phases, there has been a dynamic rise on Doriemus stock (LSE: DOR). Since October 2013, the price has risen significantly; as it makes attempt to recover some recent losses. This is a surprise to the battered bears who are too ashamed to see that the price is going determinedly against […]
Dec 03 2013 @ 05:02
In the context of an uptrend, the USDJPY has experienced a pullback. Nevertheless, the pullback is expected to be transient. EURUSD: The market is in a kind of consolidation, though the bullish domination is still very clear. When the price does rally again, it would easily break the resistance line of 1.3600 to the upside, […]
Dec 01 2013 @ 20:57
Most JPY pairs seem overbought and it looks like there could be some reversals soon. Yes, there could be reversals this week, but the markets may still go further upwards, especially if there are certain bulls who are interested in going long at the current prices. EURUSD: This is a bull market – slow and […]
Nov 29 2013 @ 00:40
As it was forecasted on Monday, this week has been favorable to trend followers. For example, the EURJPY, which has been trending up for a few weeks in a row, has moved upwards for more than 170 pips in this week. EURUSD: This is a bull market, with a Bullish Confirmation Pattern on the chart. […]
Nov 26 2013 @ 00:59
The EURJPY has almost challenged the high of 138.00, which is a very strong supply zone. The price has been corrected downwards from that supply zone, although the dominant bias remains bullish. EURUSD: In spite of the visible consolidation in the market, the bullish propensity on the market is a valid thing. The price is […]
Nov 25 2013 @ 07:06
It is expected that Gulf Keystone (
LSE:GKP) would experience further consolidation and subsequent downtrend in the month of December 2013. Any rally here – as it is currently happening – would be short-term in nature as well as giving the bears a wonderful opportunity to sell short at better prices. You can see that the […]
Nov 25 2013 @ 06:51
Publishing Technology shares (
LSE:PTO) have been trending lower significantly in recent times, and it is expected to crash further. The price hit a strong supply zone in October 2013, following a gap-down in the market. Since then, it has been trending downwards. Here, 4 EMAs are used. They are EMAs 10, 20, 50 and 200. […]
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