Feb 06 2014 @ 17:19
EUR/JPY is consolidating above the 200 day moving average, though this could be the beginning of a bearish rebound. This pair is above the pivot point at the level of 138.10 as the EUR/JPY has recovered from falls. Now, the EUR/JPY is in a strong bullish bias. If the pair manages to form a bullish […]
Feb 06 2014 @ 04:16
LEARN FROM THE GENERALS OF THE MARKETS – PART 45 “Always remember this: There are traders that have ruined entire accounts but still did not give up and were ultimately successful.” – Marko Graenitz Toni Turner, a happy American trader, is a trading educator and a successful author of many trading and investment books. Some […]
Feb 05 2014 @ 19:23
AUD/USD has been driven up by the success of the trade balance that were released a few hours ago, which reflected a positive reading of 0.47B versus -0.2B7 that were predicted. The aussie has managed to break the strong resistance level of 0.8940, which was holding back the progress of the bullish bias in this pair. […]
Feb 04 2014 @ 22:30
The kiwi remains above the 200 day moving average, so there are two possible scenarios: A bullish consolidation or the domination of the bears on this pair. NZD/USD could find dynamic resistance in the 200 SMA, if this pair makes a breakout from the pivot point at the level of 0.8183. If successful, the next […]
Feb 04 2014 @ 18:26
USD/JPY has found strong support at 100.79 level a support that has been quite strong in the last hours. This pair is in a bullish bias that has led it to consolidate above the pivot point at the level of 101.34. The nearest resistance is located at the level of 102.26. If the pair manages […]
Feb 03 2014 @ 22:23
AUD/USD had a bullish Asian session as the RBA has decided to keep the interest rate at 2.50%, so the reaction has been clearly positive in this pair. Technically, the Aussie has managed to break the resistance level at 0.8809 and next target would be the level of 0.8867. If the pair manages to break […]
Feb 03 2014 @ 17:19
EUR/JPY has been consolidated in the bearish bias, so it is very likely to continue to sell orders on intraday charts. This pair is below the daily pivot point at the level of 136.99. The nearest support is fixed at the level of 135.91. If the pair manages to make a breakout at that level, […]
Feb 02 2014 @ 17:18
The weakness in the EUR/USD may continue this week, especially when the price breaks the support line at 1.3450 to the downside. EUR/USD: The weakness in the EUR/USD may continue this week, especially when the price breaks the support line at 1.3450 to the downside. However, this may not occur without some upwards bounces along […]
Jan 31 2014 @ 01:18
The new lease of energy in the Greenback has resulted in the weakness of the EURUSD and the strength of the USDCHF. The also has had impact on other major pairs, resulting in near violation of major biases in certain cases. The continuous strength in the Greenback could spur on the weakness of the EURUSD […]
Jan 30 2014 @ 17:21
The USD/JPY is finding strong resistance at 102.67 level, but the chances of this pair consolidates above that level are still high. During the U.S. session yesterday, the pair had a very bullish day in this pair managed to consolidate above support at 102.21 level. For now, this pair remains above the pivot point at […]
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