Investing Advice

USDJPY = Buy AUDJPY = Buy CADJPY = Buy CHFJPY = Buy EURJPY = Buy GBPJPY = Buy NZDJPY = Buy NB: Every trade could be entered with a stop loss of 100 pips and a take profit of 200 pips. Only 0.5% is risked per trade. With an account balance of $20,000, a position […]

Exxon Mobil stock (NYSE:XOM) has been making some noteworthy effort to trend upward this year, though the last two months of the year 2015 were bleak. Since January 2016, the price has been trying to go north – slowly and gradually. The ADX period 14 is below the level 20, showing a lack of momentum […]

Amazon shares (NASDAQ:AMZN) rallied within the last few months of 2015, and then began to nosedive from January 2016. This is something that resulted in a bearish signal. Further bearish movement was rejected around the middle of February 2016, and the bulls started pushing the price upwards. Right now, the price is above the EMA […]

GOLD (XAUUSD) Dominant Bias: Bullish Gold has been going upwards since the beginning of this year, with first 7 trading days in February being quite significant as far as the bullish journey was concerned. Price topped at 1263.13 on February 11, 2016. On the daily chart, a Golden Cross had already taken place in early […]

GBP/USD fell by almost 440 pips last week, almost reaching the accumulation territory at 1.3850. This has reinforced the existing bearish outlook on the market, and there are chances that the GBP/USD would continue going south this week and next. Generally, GBP pairs are bearish (as forecasted earlier) and they would remain under selling pressure […]

Here’s the market outlook for the week: EURUSD Dominant bias: Bearish EURUSD traded lower on Monday, and then moved sideways until Friday, when it traded further southward, closing at 1.0931. Altogether, price moved downwards close to 200 pips, while the outlook on the market is bearish. There are support lines at 1.0900 and 1.0850, which […]

“The moral of the story is that you don’t know, I don’t know, nobody knows where price will go. Anybody who does claim to know either doesn’t understand how markets work, is selling something, or is delusional.” – Chris Tate PEOPLE AREN’T WHAT THEY CLAIM TO BE Why is there so much pretense among those […]

Bank of America stock (NYSE:BAC) has been coming down significantly in the past few months, going further and further south. This is a trend that is expected to continue this year. After consolidating in the months of November and December 2015, the price went below the lower Trendline at the beginning of the year 2016. […]

HSBC Holdings shares (LSE:HSBA) are currently weak, having gone down significantly this year, following the volatile months of October – December 2015. 4 EMAs are used for this analysis and they are EMAs 10, 20, 50 and 200. The color that stands for each EMA is shown at the top left part of the chart. […]

The EUR/JPY first went upwards last Monday (February 15, 2016). On the following day, the market started dropping gradually from the high of the day, reaching the demand zone at 125.00 on Friday. This was a movement of 300 pips; plus the chances of the EUR/JPY going upwards are very slim, unless the Yen loses […]