Oct 13 2014 @ 17:25
USDJPY = Buy AUDJPY = Buy CADJPY = Buy CHFJPY = Buy 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 […]
Oct 13 2014 @ 16:22
The AUDUSD is trying to establish itself back above the average of the 200-day moving average on the H1 chart. The AUDUSD is trying to form a higher high pattern to try to reach the resistance level of 0.8821 in the short term, although the pair has formed a fractal above the moving average that […]
Oct 12 2014 @ 18:00
In spite of the bullish attempt that happened on it last week, the Cable is still in a bearish mode. The price is now below the distribution territory at 1.6100, going towards the accumulation territory at 1.6000. The price might touch the accumulation territory before there could be a potential upwards bounce in the market. […]
Oct 12 2014 @ 10:23
The EURJPY is consolidated in the outstretch bearish below the resistance level of 136.37 on the H1 chart. This pair has been in a straight drop for 2 days, where the EURJPY found strong resistance at the 200 SMA. If EURJPY does a breakout at the support level of 135.89, it would be expected to […]
Oct 11 2014 @ 04:15
Here’s the market outlook for the week: EURUSD Dominant bias: Bearish Recently, this pair made some commendable effort to rally, but the Greenback is still very determined to continue showcasing its strength. The attempted rally in the market had almost invalidated the bearish outlook before the bears succeeded in pushing the price significantly south. The […]
Oct 09 2014 @ 06:20
Early this week stock markets resumed their declines after more evidence of a global slowdown emerged following the release of poor German industrial production. In September, markets had been unsettled by weak economic data, the latest news coming from Germany added to the bearish tone. The FTSE 100 is down 5.5% from its September high. […]
Oct 09 2014 @ 04:55
Bahamas Petroleum shares (
LSE:BPC) looks very attractive to buyers as a result of the buying pressure in the market. Even if the price gets corrected southwards, it would eventually rally and break more and more supply levels to the upside. Recently, the price has formed a strong base after it experienced a sharp drop. The […]
Oct 09 2014 @ 04:46
EBay stock (
NASDAQ:EBAY) has found support around the EMA 200, as a potential death cross was averted and the price rallies from there. The price gapped up seriously at the end of September 2014, and it later dropped. But the price has turned upwards after testing the EMA 200, which acts as a great support […]
Oct 08 2014 @ 17:02
The NZDUSD is forming a bullish pattern below the level of 0.7909 resistance on the H1 chart. On the upside, the NZDUSD could find resistance at the 0.7951 level. However, this pair could make a pullback at current levels and falling back to the daily pivot point level of 0.7867 where the 200 SMA is […]
Oct 07 2014 @ 16:36
AUDJPY = Buy AUDUSD = Buy EURAUD = Sell AUDCAD = Buy AUDCHF = Buy GBPAUD = Sell AUDNZD = 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 […]