Foreign Exchange

INSIGHTS INTO THE MINDSET OF SUPER TRADERS – Part 15 “If you like reading biographies on successful people like I do, you’ll notice that they all share one driving force. That force drove each of them forward to overcome the obstacles that threatened to stop them in their tracks.” – Louise Bedford Name: Whitney Tilson […]

The situation surrounding the S&P 500 stock (SP500) is interesting. Some experts believe the price would collapse further, but the current price action shows that the price would continue to rally till, at least, the first quarter of the year 2016. The price performed a major bearish movement in August 2015, and therefore, the market […]

Globo shares (LSE:GBO) are expected to go further south, owing to the current weakness in the market. The price has been going south since June 2015. Towards the end of September, the price made some bullish effort while the outlook remained bearish. At the beginning of this month, the price consolidated and then broke down. […]

GBPJPY is doing a bullish consolidation above 200 SMA, after a crossing with the 500 SMA on H1 chart. During this week, it’s possible to see new multi-week highs, because pair is trying to break the last high made during today’s session, around the 185.00 psychological level. In another scenario, GBPJPY could start to do […]

EURUSD has been trading in a bearish corrective tone at H4 chart, and that’s why we’re watching a possible testing of 200 SMA. Over that zone we should expect a rebound for more bullish momentum, because overall structure is still calling for more bulls strength. Also, EURUSD is looking to reach the 500 SMA. One […]

The Cable moved upwards last week, testing the distribution territory at 1.5500 a few times. The price was unable to break above the distribution territory – something that needs to be achieved this week so that the uptrend could continue. The uptrend would be rational as long as the accumulation territory at 1.5200 is not […]

Here’s the market outlook for the week: EURUSD Dominant bias: Bullish This pair initially moved upwards last week, but it could not reach the resistance line at 1.1500 before it got corrected downwards. On Friday, price closed at 1.1348, though the bias is bullish. The bullish bias will remain valid as long as the support […]

We should continue enjoying our Forex trading experiences on trading platforms, with Windows 7 or Windows 8 . Yes, trading remains a fantastic way of life because it is an ultimate ladder to an everlasting financial freedom. There is one female Australian who took a break from full-time farming and began to study the markets […]

NZDUSD keeps moving inside a bullish bias since several weeks ago, above 200 SMA at H1 chart. Our technical view for Kiwi is still calling slightly for more upside moves, but the fact is that the current stage should be taken as an extreme, because NZDUSD structure is showing some weakness. Also, we shouldn’t discard […]

The EUR/JPY performed a clean bullish movement on October 9, 2015. This has led to a bullish bias on the market, which could enable the price to go upwards by at least, 200 pips. The supply zones 137.00 and 138.00 could be tried this week. EUR/USD: The EUR/USD seems to have ended a few weeks […]