Feb 25 2014 @ 19:29
EUR/JPY has made a bullish rebound above the 200 day moving average, so it is very likely that this pair continue the bullish trend strongly. The EUR/JPY is trying to consolidate above the pivot point at the level of 140.53. Now, it is very likely that this pair try to climb up to the resistance […]
Feb 24 2014 @ 18:56
At the start of this week, NZD/USD has managed to consolidate above the 200 SMA and the pivot point. It is very likely that this pair continue to rise, since the NZD/USD is forming a lower high pattern below the resistance level of 0.8348. If the kiwi manages to make a breakout at that level, […]
Feb 23 2014 @ 16:11
The USD/JPY has been making some bullish effort but there is a need for a break above the supply level at 103.00 before there is a strong Bullish Confirmation Pattern in the chart. EUR/USD: This pair is expected to go further upwards in this week, reaching the target at the resistance line of 1.3800. The […]
Feb 21 2014 @ 01:24
Here’s the market outlook for this week: EURUSD Dominant bias: Bullish The outlook on this pair remains bullish unless the price crosses the support line at 1.3650 to the downside. Right now, the price action looks like a clean opportunity to buy long when there is a dip in the price and in the context […]
Feb 20 2014 @ 03:18
“The simplest trades are usually the best ones.” – Michael Hewson There are no guarantees in the markets, but there are certain things you can do that would ensure your continuous victory. Interestingly, there’s also one bet you can make and reap sure gains from – as far as your long term investment goals are […]
Feb 19 2014 @ 22:05
AUD/USD had a profound drop to support level of 0.8957, after a negative HSBC Flash Manufacturing PMI 48.3 (49.4 expected) was published. Now, the aussie has consolidated below the 200 SMA and next target would be the support level of 0.8929. However, if this pair makes a bullish rebound at current levels and makes a […]
Feb 19 2014 @ 19:24
The EUR/GBP remains below the pivot point at the level of 0.8237 and above the 200 SMA. It is very likely that this pair find resistance at current levels and make a bearish rebound with the goal to support level of 0.8215, as the EURGBP has not had sufficient power to consolidate above the resistance […]
Feb 17 2014 @ 22:59
NZD/USD has found strong support at the 0.8348 level, where the pair is expected to perform some corrective moves. The kiwi could perform a bullish rebound above that level and up again to the pivot point at the level of 0.8370. However, if the pair manages to make a breakout at the support level, the […]
Feb 17 2014 @ 18:47
AUD/USD has reacted positively after the RBA meeting in the early hours of the Asian session today. This pair started the session below the pivot point at the level of 0.9040 and after the publication of the RBA statement, which was optimistic, the aussie was consolidated above that level and is now tratandod and make […]
Feb 17 2014 @ 14:40
Here is the current outlook on Gold and Silver. GOLD (XAUUSD): Since a ‘buy’ signal was generated on Gold in early February 2014, it has moved upwards by over 8000 points. The bullish outlook on the market is very strong, and therefore, a bullish continuation would be spurred on by further buying pressure. This is […]
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