Oct 08 2013 @ 17:23
Phorm Corp (
LSE:PHRM) is a highly promising market for profit seekers irrespective of its recent indecision which dragged on for several months. The price has been bottoming for months, reaching an all-time low at the accumulation zone of 2.00. One would see that the ADX period 14 is at the level 50 (meaning a strong […]
Oct 08 2013 @ 05:05
The EURJPY is now in a bullish retracement, and there is a supply level at 132.00. EURUSD: Irrespective of the range movement that has been characteristic of this pair so far, the overall bias is still bullish. The EMA 11 is above the EMA 56: the Williams’ % Range is close to the oversold area, […]
Oct 06 2013 @ 17:29
The vivid southward reversal on the cable has resulted in a new bearish bias on the pair. Right now, the accumulation territory at 1.6000 is about to be breached. EURUSD: This pair trended upwards last week, but the current southward reversal in the market is a threat to the bulls’ interest. Should this go further […]
Oct 04 2013 @ 00:43
In the face of the general weakness of the greenback, the EURUSD has been able to move upwards this week. EURUSD: In the face of the general weakness of the greenback, the EURUSD has been able to move upwards this week. The price has moved upwards by roughly 140 pips. There is a possibility that […]
Oct 03 2013 @ 07:26
Mobile Streams shares (
LSE:MOS) are hopeless at the present. Looking at the recent historical data, one would see that buy-and-hold investors are suffering in this market. The bulls are heavyhearted and would be advised to smooth their orders before the shares become brutally oversold; just as they were in June 2013. Short trades would reap […]
Oct 03 2013 @ 07:10
Physiomics stock (
LSE:PYC) broke upwards significantly from its long-term range which had been holding out for many months. Whether this is seen as an irrational spike or a phenomenon that would be sustained, the astute buyers intuit it as a great trading opportunity while some bears wade in their pabulum, as far as the price […]
Oct 01 2013 @ 10:00
Yesterday I said, essentially, that the U.S. shutdown “ain’t not big deal.” If this shutdown is like most of the others the U.S. has experienced, it will be something similar to the effect of a major January snowstorm in the Washington DC area. For most Americans – and most of the world, for that matter […]
Oct 01 2013 @ 01:36
The JPY pairs opened with gap-downs and later rebounded upwards. The outlook on the JPY pairs for this week is thus bullish. EURUSD: The EURUSD is a bull market, with the possibility that the market would keep on going upwards (though not without bearish retracements). The price line at 1.3550, which has been tested constantly […]
Sep 30 2013 @ 10:24
Pound Sterling The Pound began the week softer against the Euro after Angela Merkel won a landslide victory in the German elections. The result was seen as a positive for stability in Europe and sent the Euro slightly higher against Sterling. Disappointing economic data releases for the UK and negative comments from a Bank of […]
Sep 29 2013 @ 18:06
After much consolidation, the markets ended the last week trending according to the dominant biases. EURUSD: This pair closed at 1.3522, being in a bullish mode. The price trended upwards last week, and it is supposed to do so this week. Although this would not be without serious struggle between buyers and sellers, it is […]