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GBPUSD Technical Analysis for June 17, 2013

Jun 16 2013 @ 19:05
The GBPUSD continues to strengthen its bullish trend in the long term, but we must be aware of the significant levels of resistance that are in the way. GBPUSD is forming a lower high pattern ressistencia below the level of 1.5726. If the cable does break the resistance,would be expected to rise to the level […]
 

Weekly Trading Forecasts (June 17 - 21, 2013)

Jun 16 2013 @ 18:12
The currency market instruments have been moving in a determined and predictable manner. The JPY pairs have been very weak, while the GBP and the EUR are strong. The USD is weak. However, there could soon be some pullbacks in the bullish biases (no space shuttle can go upwards indefinitely). The pullbacks could be temporary […]
 

Weekly Thoughts of a Trading Maverick – June 16, 2013

Jun 15 2013 @ 14:51
I’m scratching my head… There are many types of financial markets out there: commodity markets, stock markets, ETFs, CFD, spread betting, sports betting, options, futures and so on. But why is Forex the biggest, the most popular and the fastest-growing? This is an intriguing development, but why? Why? I’m still scratching my head… Those who […]
 

Mike Baghdady: Price Is King

Jun 14 2013 @ 02:38
LEARN FROM GENERALS OF THE MARKETS – PART 30 “Master price action and you will be well on your way to successful trading.” – Nick McDonald Mike Baghdady is a highly experienced trader with far more than 3 decades of experience. He’s been called Mr. Price Behavior. He’s a world leader when it comes to […]
 

The yen strengthened as uncertainty grows into the investors

Jun 13 2013 @ 11:04
Japanese stocks weaken, as the yen begins to strengthen against the U.S. dollar. Last week, the Nikkei 225 index fell by more than 6.5% and this has allowed it to get into very bearish, so we could see further declines in the coming days. Because of this, the yen has started to strengthen against the […]
 

USDCAD Technical Analysis for June 13, 2013

Jun 12 2013 @ 23:55
The loonie continued bearish patterns forming, which will allow the pair to further develop its current bearish trend. The USDCAD is forming a higher low pattern over the support at the level of 1.0177. if the USDCAD manages to break that level, would be expected to fall to the level of 1.0094, which is the […]
 

FastJet Stock Goes Kaput?

Jun 11 2013 @ 02:07
The FasJet shares (LSE:FJET) are so weak that it has the potential to continue going further downwards. It is possible that long positions on the market could go kaput. This is a bear market. Two rams cannot drink from the same calabash. Since the bear is in control of the shares, the bull is in […]
 

There Is a Bullish Signal on IGas

Jun 11 2013 @ 01:54
There is a wonderful opportunity to go long on IGas (LSE:IGAS). The shares are expected to go northward slowly or steadily until further notice. This means it is high time permabears smoothed their positions; otherwise they would discover maggots in a heap of salt. The market was in a bullish mode until the end of […]
 

GBPUSD Technical Analysis for June 11, 2013

Jun 11 2013 @ 00:53
The GBPUSD continues forming a bullish pattern, to follow up and breaking resistance levels, along the way. We should not rule out possible bearish rebounds. The GBPUSD is trying to exceed the 200 day moving average, upward, to continue forming a lower high pattern and to break the resistance level at 1.5618. If the cable […]
 

Weekly Trading Forecasts (June 10 - 14, 2013)

Jun 10 2013 @ 05:25
The Greenback has been weak and the Yen has been strong. Most JPY pairs are also weak. The fundamentals that were released lately even added fuel to the extant biases. This means vivid bullish biases for some currency instruments like EURUSD and GBPUSD: and conspicuous bearish biases for some instruments like the USDCHF and EURJPY. […]
 
 
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