Technical Analysis

LEARN FROM THE GENERALS OF THE MARKETS – PART 51 “You need to be comfortable with the level of risk you are taking when you trade.” – Stuart McPhee Maria Boyazny is the Founder and Chief Executive Officer of MB Global Partners, which is based in New York. MB Global Partners is an asset management […]

Roxi Petroleum shares (LSE:RXP) are very strong right now, having broken upwards and having resumed a bullish journey since last month. This bullish bias has also continued this month… and this is just the beginning. In the chart, the ADX period 14 is above the level 50, going towards the level 60. This signifies a […]

Afren stock (LSE:AFR) has now become hopeless against the bears. The price gapped down massively recently, rendering any bullish hope and outlook useless. The market was in a tight consolidation – a cutthroat struggle between the bulls and the bears – for a few months. But at the end of July/beginning of August, 2014, the […]

The EURGBP found strong resistance at 0.7980 level and from there, the pair has made corrective movements in the H1 chart. The next target in the bearish road for EURGBP is the support level of 0.7948. If the pair manages to make a breakout at that level would be expected to fall to the level […]

A NON-DIRECTIONAL TRADING APPROACH “For traders and investors, finding low risk ideas is one of the most important tasks no matter what asset class you trade.” – Gabriel Grammatidis The world of speculation is replete with strategies that are aimed at making profits. The strategies can be ones that follow the lines of the least […]

The USD/JPY pulled back seriously after testing the supply level at 103.00. For the bullish bias to remain valid, the price must stay above the demand level at 102.00. EUR/USD: This is a bear market in spite of the rally that occurred in the market on Friday, the rally is seen as a good opportunity […]

The AUDUSD remains robust in the bearish trend, because this pair is below the 200 SMA on the H1 chart. The Aussie is trying to consolidate above the daily pivot point level of 0.9308, being the next target the resistance level of 0.9340. On the other hand, if the AUDUSD manages to make a breakout […]

The NZDUSD has moved in range in the last hours, finding resistance at the level of 0.8511. The Kiwi is trying to stay above the daily pivot point level of 0.8496, so it is very likely that the NZDUSD try a breakout at the level of 0.8521. If successful, it is expected to rise to […]

Here’s the market outlook for the week: EURUSD Dominant bias: Bearish This pair has been able to continue its southward journey. The price is now going below the resistance line at 1.3400. The resistance line is a war zone between the bulls and the bears, for the price would be making some attempts to breach […]

“Isn’t the promised reward of greater independence, financial freedom, and life choices worth the risk?” – Louise Bedford Anyone who says trading is easy is telling a lie. Anyone who says success in trading isn’t possible is also telling a lie. Trading is challenging as well as it’s rewarding. The challenges are the blessings that […]