Foreign Exchange

The USD/CHF is weak and it is currently challenging the support level at 0.8750. Once the support level has been overcome, the price would go to the next target at 0.8700. EUR/USD: This currency trading instrument closed at 1.3884 on Friday, April 11, 2014. It closed on a bullish note, which means that the price […]

Here’s the market outlook for the week: EURUSD Dominant bias: Bullish This pair rejected the recent southward pull on it, trended upwards and resulted in a confirmed bullish bias. From the support line at 1.3700, this market has moved upwards and it could test the resistance line at 1.3950. Testing the resistance line at 1.4000 […]

The kiwi has fallen to the 200 day moving average after published fundamental news in New Zealand that negatively affected this currency. The NZD/USD is trying to find support on the 200 SMA with the formation of a bearish pattern near to the support level of 0.8634. If the pair manages to make a breakout […]

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, […]