Foreign Exchange

LEARN FROM THE GENERALS OF THE MARKETS – PART 47 “We are easily deceived when we are told exactly what we want to hear.” – Malcolm Robinson Ray Dalio was born in August 1, 1949, in Jackson Heights, Queens, New York, United States. He’s an American hedge fund guru. Being a son of an artiste […]

The EUR/GBP remains strong in the current bearish bias, so it is advisable to follow the current trend. The pair opened the Asian session below the pivot point at the level of 0.8247. If the EUR/GBP manages to make a breakout in the support level of 0.8221, next target would be the 0.8205 level, which […]

The Aussie remains above the 200 SMA and the pivot point. The AUDUSD is forming bullish patterns above the pivot point at the level of 0.9272, so it is very likely that this pair rise to the resistance level of 0.9291. If the pair manages to make a breakout at that level, the next target […]

The USD/CHF tested the resistance level at 0.8950 last week. It would test that resistance level again this week. EUR/USD: In spite of the adamancy of the EUR, this pair remains a bear market. Yes, the outlook is bearish and the market is expected to continue going lower this week. The support line at 1.3700 […]

Here’s the market outlook for the week: EURUSD Dominant bias: Bearish The pair has remained bearish recently, going downwards slowly and steadily. There is a Bearish Confirmation Pattern in the chart, and with the continuation of the selling pressure, the price would easily test the support line at 1.3650. Should that support line be breached […]

“Given as few as 30 per cent winners, one can earn a fortune in the markets if only one knows how to handle winners and losers.” – Dirk Vandycke Please let me introduce you to some premium signals that would be coming your way occasionally. The JPY Pairs Pullback signals are good and we’ll continue […]

The NZD/USD has fallen in the last hours. The NZD/USD remains very strong in the current bearish bias after the pair has found resistance at 0.8690 level. Now this pair is trying to consolidate below the 200 SMA. If successful, it is expected to fall to the support level of 0.8595. On the other hand, […]

The EURGBP has moved into low range in recent days, but with a clear bearish bias. This pair is consolidating below the 200 day moving average, after the EURGBP has found resistance at 0.8288 level. If the pair manages to make a breakout in the support level of 0.8242, next target would be the level […]

“We have discovered that in most cases the systems used by the best are relatively simple, based on a limited number of recurring setups that allow the trader to go with the flow of the market created by the “big players.” – Dr. Dariusz Swierk I was thinking of postposing the announcement of the minors […]

Since last week, the Cable has been bullish, and the target for this week is at the distribution territory at 1.6700. EUR/USD: This remains a bear market in spite of its attempt to rally. The rally is simply a good shorting opportunity; for the price would simply go down to test the support line at […]