Technical Analysis

The NZDUSD is trapped on a low range zone, above the daily pivot point level of 0.7430. Currently, at the H1 chart, the Kiwi is trying to win some positions in the upside until the near resistance zone of 0.7463. A breakout on that level could unleash some bullish force that could produce a momentum […]

The EUR/USD is now one of the weakest of the popular pairs and crosses. Since January 2, 2015, the price has fallen by roughly 900 pips. There was a massive drop in the market last week, enabling the price to drop below the support line at 1.1150. Although the price bounced upwards after that, the […]

Here’s the market outlook for the week: EURUSD Dominant bias: Bearish The EUR is now one of the weakest currencies among popular currencies, having dropped by roughly 900 pips since the beginning of this year. The support line at 1.1150 has already been tested and it would be tested again (it can even be breached […]

The AUDUSD is still very strong at the bearish intraday bias, as this pair is consolidated below the 200 SMA at the H1 chart. Currently, the Aussie is forming a lower low pattern below the daily pivot point level of 0.8171 and as long as the AUDUSD stays below that zone, the bearish force could […]

The S&P 500 Index climbed by 0.47% on Wednesday, outperforming other benchmark indices as crude oil futures gained and US Treasuries fell. A stirring State of the Union address from President Obama caught investors in an optimistic mood and strong earnings numbers from some US tech companies also boosted markets. Meanwhile, anticipation of a dovish […]

The EURJPY could be an interesting pair for trade today, alongisde with the EURUSD, as the European Central Bank (ECB) will release new economical measures for the Eurozone, possibly the announcement of a QE. In a technical view, the EURJPY is trying to stay above the daily pivot point level of 136.68, where this pair […]

FTSE 100 stock (FTSE:UKX) is currently an upbeat market and this may be the beginning of a long-term bullish outlook. The last year was characterized by large pullbacks, followed by large upswings. In the chart, 4 EMAs are used and they are EMAs 10, 20, 50 and 200. The color that stands for each EMA […]

Annual Trading Forecast on IBM (2015) IBM shares (NYSE:IBM) are weak. The downtrend has been going on since last year. In the past several months, the price consolidated tightly, and now it has broken further downwards, poised to move further south. The price has broken out below the lower Trendline, as the RSI period 14 […]

USDJPY = Buy AUDJPY = Buy CADJPY = Buy CHFJPY = * 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 […]

The EURGBP is still on the bullish ground above the support level of 0.7672, as we can see at the H1 chart. This pair could rise to the resistance level of 0.7710, which is near to the 200 SMA, but we need to have in mind that the EURGBP could do a retracement to the […]