Aug 10 2014 @ 18:17
The EURJPY is finding dynamic resistance in the 200 SMA, where the pair is forming a lower high pattern. If the EURJPY manages to make a breakout on the resistance level of 137.26, the next target would be the 137.70 level, which would be a bullish intraday consolidation, because this pair has been solid in […]
Aug 10 2014 @ 17:11
The USD/CHF closed at 0.9055 on Friday (August 8, 2014). This pair is having a serious difficulty breaking the resistance level 0.9100 to the upside. In fact, the price has dropped by about 50 pips since the resistance level was challenged. EUR/USD: On this pair, there has been a rally in the context of a […]
Aug 07 2014 @ 21:14
The NZDUSD has fallen from the daily pivot point level of 0.8476 and now this pair is consolidating below resistance at 0.8455. The Kiwi remains strong in the bearish trend, since this pair is approaching the support level of 0.8433. If the NZDUSD manages to make a breakout at that level would be expected to […]
Aug 07 2014 @ 18:20
Here’s the market outlook for the week: EURUSD Dominant bias: Bearish This pair has been able to continue its slow and steady journey downwards so far. There are occasional shallow rallies in the market – which often lead to renewed ‘sell’ signals. The Euro is very weak right now and the market has a high […]
Aug 07 2014 @ 04:25
LEARN FROM THE GENERALS OF THE MARKETS – PART 51 “You need to be comfortable with the level of risk you are taking when you trade.” – Stuart McPhee Maria Boyazny is the Founder and Chief Executive Officer of MB Global Partners, which is based in New York. MB Global Partners is an asset management […]
Aug 04 2014 @ 18:40
The EURGBP found strong resistance at 0.7980 level and from there, the pair has made corrective movements in the H1 chart. The next target in the bearish road for EURGBP is the support level of 0.7948. If the pair manages to make a breakout at that level would be expected to fall to the level […]
Aug 04 2014 @ 17:50
A NON-DIRECTIONAL TRADING APPROACH “For traders and investors, finding low risk ideas is one of the most important tasks no matter what asset class you trade.” – Gabriel Grammatidis The world of speculation is replete with strategies that are aimed at making profits. The strategies can be ones that follow the lines of the least […]
Aug 04 2014 @ 00:59
The USD/JPY pulled back seriously after testing the supply level at 103.00. For the bullish bias to remain valid, the price must stay above the demand level at 102.00. EUR/USD: This is a bear market in spite of the rally that occurred in the market on Friday, the rally is seen as a good opportunity […]
Aug 03 2014 @ 18:40
The AUDUSD remains robust in the bearish trend, because this pair is below the 200 SMA on the H1 chart. The Aussie is trying to consolidate above the daily pivot point level of 0.9308, being the next target the resistance level of 0.9340. On the other hand, if the AUDUSD manages to make a breakout […]
Jul 31 2014 @ 18:58
The NZDUSD has moved in range in the last hours, finding resistance at the level of 0.8511. The Kiwi is trying to stay above the daily pivot point level of 0.8496, so it is very likely that the NZDUSD try a breakout at the level of 0.8521. If successful, it is expected to rise to […]