Apr 15 2013 @ 19:05
The NZDUSD had sharp falls in yesterday’s session, forming a envelope candle in the daily chart, which could indicate a turnaround in the kiwi. The NZDUSD fell over 100 pips in yesterday’s session, breaking the psychological support level at 0.85. Now, this pair is facing with three very important supports: The supports in the levels […]
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 10 2013 @ 00:59
It is expected that the shares of Motive Television (
LSE:MTV) would continue going upwards, following an overextended bearish run in the market. There is now a valid bullish bias on the chart. One should not short this market any longer: an ounce of restraint can frequently prevent a pound of regret. On the chart the […]
Apr 10 2013 @ 00:46
Aminex stock (LSE: AEX) is wrapped in valid optimism right now. The price has constantly found a bottom around the accumulation territories of 4.00 and 3.50. Since those accumulation territories are too strong for the bears, the price would eventually go up. The price is below the EMA 21 and the Williams’ % Range period […]
Apr 09 2013 @ 19:27
The Crude Oil found a good support on the uptrend line, causing bullish rebounds on this commodity. The Crude Oil (NYMEX:CL) respected the dynamic support of the moving average of 200 and the uptrend line, which means it is very possible that this commodity continues its path towards the next resistance level of 94.80. If […]