Financial Guides

Top Level shares (LSE:TLDH), having broken northward significantly, would eventually top at the supply level of 15.70 within the next several months. Experience can never be bought: our experience has made us understand that when the price breaks out of the kind of protracted equilibrium zone as seen on the chart, the price is ready […]

There is a bullish signal on the USDJPY, and the pair may go towards the supply level at 98.50 and 99.00 respectively. EURUSD: The bias on this pair is bullish and in spite of the current consolidation in the price, it is expected to resume its upwards journey. There is a strong support level at […]

Last week, the GBPUSD shot towards the north. Some transitory pullback is normally expected, but the northward bias is valid for this week. EURUSD: The pair moved upwards by more than 140 pips last week, but not after disheartening pullbacks and volatility. This week, it is expected that the upward move would continue, though there […]

LEARN FROM GENERALS OF THE MARKETS – PART 38 “If you are truly passionate about trading and hope to be in the game for a long time, I recommend focusing on a slow and steady approach.” – Joseph Fahmy Mellody Hobson was born in April 3, 1969 (Chicago, Illinois). She’s an American investor, trader and […]

The kind of chart pattern that is seen on Globo (LSE:GBO) shows that now is one of the best times to buy long the shares. The bullish bias in the market is still intact – only that there is a good pullback which offers and excellent buying opportunity. Further northward move was challenged in this […]

Royal Mail (LSE:RMG) has become a hot cake in that it offers investing possibilities to interested ones. However, a closer look at the current price action suggests that bearish attempts cannot be overruled. Generally, the bias on the chart is bullish. The price is now in a sort of consolidation, while the RSI period 14 […]

Most JPY pairs opened with minor gaps at the beginning of the week. Overall, the JPY pairs may go further northward. EURUSD: The EURUSD moved indecisively yesterday; whereas the bullish signal on it is still valid (given the position of the indicators). The resistance line at 1.3600 would soon be broken to the upside, because […]

The JPY pairs are currently in a bullish mode, and that is what would likely be the bias for this week. EURUSD: The EURUSD has been moving in a highly volatile manner – giving room for palpable turbulence. There are mixed signals in the market and it is advisable to wait for a clearer direction […]

“I knew that, if I wanted to be successful, I needed to work smart, not hard.” – Marcello Arrambide Do not place too much emphasis on the trade you just opened. It might win or lose –and that’s how it’ll always be. If it wins, the gain should be decent if you let your profit […]

It is now suicidal to buy long on Gulf Keystone (LSE:GKP), for the price has been making lower lows and lower highs. It is thus better to trade with the flow of the market instead of trading contrarily to the trend. Speculators are aware of the dangers of mean reversion trading; yet they trade in […]