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EURUSD Technical Analysis for June 20, 2013

Jun 19 2013 @ 20:08
In yesterday’s session, EURUSD fell over 100 pips, invalidating the bullish outlooks that were proposed in previous articles for this pair. The EURUSD dropped to support at the level of 1.3274, after the United States, the Fed chairman, Ben Bernanke, gave a press conference where he spoke optimistically about the U.S. economy and therefore, the […]
 

ITM Power Shares Are Very Attractive

Jun 18 2013 @ 02:29
There is a clean indication that ITM Power shares (LSE:ITM) would sustain the bullish bias it has already started. In the last few months, the price has refused to go below the support level of 35, and therefore, the present situation is favorable to buyers. Looking at the chart, it would be seen that the […]
 

Would Arian Silver Stock Rally?

Jun 18 2013 @ 01:57
Arian Silver stock (LSE:AGQ) now tries to find some bottom after an over-extended bear market. Could this be the beginning of a protracted rally or could it be just a pause in the context of a downtrend? The answer to the next possibility is given below, plus it pays to check the price data constantly […]
 

AUDUSD Technical Analysis for June 18, 2013

Jun 18 2013 @ 00:35
The Aussie continues to forming important bearish patterns forming  for further define the trend in the long term. The AUDUSD continues forming a lower high pattern in the daily chart above the support at the 0.9489 level. If the aussie manages to break this level, it is expected to fall to support at the 0.9385 […]
 

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 […]
 
 
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