Apr 16 2013 @ 19:10
Yesterday’s session was very bullish in the last hours for the cable. Now, the GBPUSD is facing a strong resistance on the upside. The GBPUSD is forming a lower high clear pattern in the H1 chart. The resistance in the 1.5377 level is very strong, because it has been touched days ago but could not […]
Apr 15 2013 @ 22:23
The EURUSD had a bearish week start, which, indicates that this pair has a desire to want to continue the long-term trend: bearish. The EURUSD is approaching to the psychological support level of 1.30, a significant level at which many traders, they decide to buy or sell, in large quantities. Currently, the EURUSD is below […]
Apr 14 2013 @ 20:45
EURUSD Primary trend: Bullish The EURUSD is no longer in a bearish mode. This famous pair has shrugged off any bearish pulls and has resumed an extended bullish mode. This is a fact that is supposed to be valid for the next several trading days, though there could be some southward retracements along the way. […]
Apr 13 2013 @ 02:04
GBPJPY: SELL Last week, from the low of 140.360, the GBPJPY rose by more than 1150 pips. This happened in less than one trading week, but would it continue? Many traders are now bullish on the GBPJPY (and other JPY pairs) whereas the instruments are now at critical supply levels. The masses’ irrationality here is […]
Apr 11 2013 @ 19:57
The news regarding the economy in Japan, have not been very good and that reason has led to sharply devalue the yen against the U.S. dollar, in order to help “recover” the Japanese economy in the medium term. The USDJPY has been consolidating in recent days, after having had significant increases, leading the USDJPY to […]
Apr 11 2013 @ 08:02
GOLD Dominant bias: Bearish Since the year 2012, the outlook on the world-famous gold has been bearish. This highly-sought precious metal has plummeted by more than 13500 points since December 2012, when the model used for this analysis gave a long term short signal. The outlook is bearish and the price would continue to respect […]
Apr 10 2013 @ 23:20
The EURUSD has been moving in sideways, like other pairs who are waiting to define their trends for the coming days. The EURUSD has met with the strong resistance at the level of 1.3085, which coincides with the 200 day moving average, that is currently doing dynamic resistance on this pair. In yesterday’s session, there […]
Apr 10 2013 @ 19:34
For now, we expect from the AUDUSD, to develop a lower high pattern, because this pair is overbought and a consolidation at current levels it is possible, but we must be very careful with the fundamental’s news in Australia for today’s session. The AUDUSD broke a strong resistance level at 1.0486, with a long bullish […]
Apr 09 2013 @ 19:05
In the yesterday session, the GBPUSD was moving in ranging, showing an unclear trend in the short term for this pair. The GBPUSD is facing with a resistance level at 1.5369. The cable is currently developing a lower high pattern, which, if it does a breakout at the resistance level in 1.5369, the cable can […]
Apr 08 2013 @ 19:05
The EURUSD had a week very bullish, which, provided many opportunities for traders to place buy orders in this pair though, we must be careful with this sudden “change of trend” because it could be a “false positive” . The EURUSD has started this week, moving in range and currently, is facing a resistance level […]
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