Apr 22 2013 @ 13:57
EURUSD Primary trend: Bullish The outlook on this popular pair remains bullish, and it is expected to be so. There is a Bullish Confirmation Pattern on the chart (with the indicators pointing to further northward possibility). A long position may be judicious on the EURUSD as long as a stop is put around the support […]
Apr 21 2013 @ 01:25
EURAUD: BUY There has been a Bullish Confirmation Pattern on the EURAUD cross, and for those who think the price has gone too far, this may just be the beginning. The price condition, though looking simplistic, is dictated by some exogenous factors. A trend is not over until it is actually over. From February 2013 […]
Apr 19 2013 @ 12:51
LEARN FROM GENERALS OF THE MARKETS – PART 26 “Too many investors have no patience and discipline. These two personality traits are imperative for investment success.” – Andrew Abraham Born in September 28, 1954, Paul Tudor Jones is an astute market forecaster and a highly profitable trader. Paul obtained a degree in economics from University of […]
Apr 18 2013 @ 04:50
A day of changes for Banco Itaú (BOV: ITUB4). It has been suggested that Marcelo Marangon, Executive Director of Banco Itaú, has reportedly left along with four other members of the Board of Directors: Andre Cury, Antonio Sanches, Paulo di Paula Abreu and Jorge Bedran Jettar. This could represents the end to its international dreams, Marangon […]
Apr 18 2013 @ 00:25
The price on Northern Petroleum (
LSE:NOP) has recently been in a perpetual downward bias. Things remain pessimistic about the company’s shares, favoring only short-sellers. For the bulls that refuse to smooth their positions, we do not know how many people would be eventually wet by the incessant rain. The stock might pretend to be moving […]
Apr 18 2013 @ 00:14
The outlook on Amerisur Resources (
LSE:AMER) is no longer bright. This means the prospects are in favor of the bear. This is not the time when the price would go ballistic – not even in the near future. A broken calabash is definitely not fit for drinking pap. Last month, the stock made some northward […]
Apr 14 2013 @ 20:45
EURUSD Primary trend: Bullish The EURUSD is no longer in a bearish mode. This famous pair has shrugged off any bearish pulls and has resumed an extended bullish mode. This is a fact that is supposed to be valid for the next several trading days, though there could be some southward retracements along the way. […]
Apr 13 2013 @ 02:04
GBPJPY: SELL Last week, from the low of 140.360, the GBPJPY rose by more than 1150 pips. This happened in less than one trading week, but would it continue? Many traders are now bullish on the GBPJPY (and other JPY pairs) whereas the instruments are now at critical supply levels. The masses’ irrationality here is […]
Apr 11 2013 @ 08:02
GOLD Dominant bias: Bearish Since the year 2012, the outlook on the world-famous gold has been bearish. This highly-sought precious metal has plummeted by more than 13500 points since December 2012, when the model used for this analysis gave a long term short signal. The outlook is bearish and the price would continue to respect […]
Apr 10 2013 @ 00:59
It is expected that the shares of Motive Television (
LSE:MTV) would continue going upwards, following an overextended bearish run in the market. There is now a valid bullish bias on the chart. One should not short this market any longer: an ounce of restraint can frequently prevent a pound of regret. On the chart the […]