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Goldstone Resources Price Would Soon Go Sky-high

Sep 18 2013 @ 06:03
On Goldstone Resources market (LSE:GRL) the southward breakout that occurred within the last two months proved to be a false one. The price then moved back inside the Trendlines, later breaking the upper Trendline to the upside, and trading further upwards in a turbulent manner. What happen in other businesses are not what happen in […]
 

NZDUSD strengthens its bullish trend while performing some corrective movements

Sep 17 2013 @ 23:38
The NZDUSD remains in a strong bullish trend today and it is likely that this pair continue progressively strengthened every day, because all that has shaped patterns have been clearly bullish. The kiwi is near the support at the 0.8218 level, where this is forming a higher low pattern. If the pair manages to break […]
 

Daily Trading Forecasts

Sep 17 2013 @ 04:29
It is interesting that some currency pairs and crosses opened with conspicuous gaps this week. This means that there would be directional movements in the markets sooner or later. EURUSD: This pair opened with an upwards gap on Sunday, and it has been trending downwards since then. Should this downward attempt continue, it would be […]
 

The EUR/JPY is kept alive in the current bullish trend

Sep 16 2013 @ 00:07
The EUR/JPY remains above the 200 day moving average and support at 132.12 level. It is very likely that this pair up to resistance at the 132.59 level, which could mean a sharp bullish rebound from the 200 SMA and strengthening the current bullish trend in this pair. However, if the EURJPY achieves in break […]
 

Daily Trading Forecasts

Sep 15 2013 @ 17:39
The Cable was bullish throughout last week; moving significantly upwards without much retracement. The distribution territory at 1.5900 is thus an easy target. EURUSD: This pair is still caught in a bullish bias in spite of the turbulent consolidation that is presently going on. It is very much likely that when the momentum is gathered, […]
 

William O'Neil: Outperforming the Markets

Sep 13 2013 @ 14:30
LEARN FROM GENERALS OF THE MARKETS – PART 36 “If you want to improve your trading you have to control yourself.” – Norman Welz William J. O’Neil was delivered as a bouncing baby boy in March 25, 1933, in Oklahoma City. He grew up in Texas. In Dallas, Texas, he attended Woodrow Wilson High School. […]
 

The Aussie tries to recover but his outlook is still bearish

Sep 11 2013 @ 19:40
The AUDUSD continues trying to consolidate above support at the 0.9280 level and is now trying to climb to the resistance at the 0.9386 level. However, it is very likely that the AUDUSD will conduct a bearish rebound at current levels, because the current bullish trend has been very lateralized in this pair and in […]
 

Look! What’s Happening on Anglo Asian?

Sep 11 2013 @ 09:23
What is happening on Anglo Asian Mining stock (LSE:AAZ)? The market has long been showing deadly struggle between bulls and bears; plus the bulls are currently gaining upper hands. Wouldn’t it look better if the bears accept reality and stop struggling? A blind man who is keeping malice with the housekeeper would suffer by wandering […]
 

An Opportunity to Buy Red Rock Resources at a Better Price

Sep 11 2013 @ 09:18
The condition on Red Rock Resources (LSE:RRR) is currently perfect for long trades. After a prolonged bear market which ended at the end of July 2013, the price has been trending upwards till now. Chart readings that are focused on smaller timeframes would subject one to too much confusing noise, and that is why it […]
 

Daily Trading Forecasts for September 10, 2013

Sep 09 2013 @ 19:05
The JPY pairs started this week with upwards gaps, and since then, they have been making bullish attempts. EURUSD: This pair has rejected the recent bearish threat on it. The price moved upwards on Monday, breaching the resistance line at 1.3250 to the upside and trading above it. The Williams’ % Range has supported a […]
 
 
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