Oct 19 2015 @ 11:52
GBPJPY is doing a bullish consolidation above 200 SMA, after a crossing with the 500 SMA on H1 chart. During this week, it’s possible to see new multi-week highs, because pair is trying to break the last high made during today’s session, around the 185.00 psychological level. In another scenario, GBPJPY could start to do […]
Oct 19 2015 @ 11:42
EURUSD has been trading in a bearish corrective tone at H4 chart, and that’s why we’re watching a possible testing of 200 SMA. Over that zone we should expect a rebound for more bullish momentum, because overall structure is still calling for more bulls strength. Also, EURUSD is looking to reach the 500 SMA. One […]
Oct 18 2015 @ 16:29
The Cable moved upwards last week, testing the distribution territory at 1.5500 a few times. The price was unable to break above the distribution territory – something that needs to be achieved this week so that the uptrend could continue. The uptrend would be rational as long as the accumulation territory at 1.5200 is not […]
Oct 17 2015 @ 03:20
Here’s the market outlook for the week: EURUSD Dominant bias: Bullish This pair initially moved upwards last week, but it could not reach the resistance line at 1.1500 before it got corrected downwards. On Friday, price closed at 1.1348, though the bias is bullish. The bullish bias will remain valid as long as the support […]
Oct 15 2015 @ 04:24
We should continue enjoying our Forex trading experiences on trading platforms, with Windows 7 or Windows 8 . Yes, trading remains a fantastic way of life because it is an ultimate ladder to an everlasting financial freedom. There is one female Australian who took a break from full-time farming and began to study the markets […]
Oct 13 2015 @ 23:52
FTSE 100 (
FTSE:UKX) has been trying to start a long-term bullish journey, which would hold out for the rest of this year (even beyond this year). This market has endearing attributes, one of which is the ability to assume a protracted trending mode when the fundamentals support it. 4 EMAs are used for the analysis […]
Oct 13 2015 @ 23:44
Castleton stock (
LSE:CTP) has been acting as a trap for reckless buyers. This is not a market in which you should go long because it is quite choppy as well as consolidating to the downside. The price has gone below the lower Trendline and at the same time, the RSI period 14 has gone below […]
Oct 11 2015 @ 23:52
NZDUSD keeps moving inside a bullish bias since several weeks ago, above 200 SMA at H1 chart. Our technical view for Kiwi is still calling slightly for more upside moves, but the fact is that the current stage should be taken as an extreme, because NZDUSD structure is showing some weakness. Also, we shouldn’t discard […]
Oct 11 2015 @ 17:18
The EUR/JPY performed a clean bullish movement on October 9, 2015. This has led to a bullish bias on the market, which could enable the price to go upwards by at least, 200 pips. The supply zones 137.00 and 138.00 could be tried this week. EUR/USD: The EUR/USD seems to have ended a few weeks […]
Oct 10 2015 @ 16:57
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 […]
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