Apr 18 2015 @ 14:03
Here’s the market outlook for the week: EURUSD Dominant bias: Bullish This pair moved upwards by over 260 pips last week. The bullish journey began at the support line of 1.0550, and price is now above the support line at 1.0800. The next targets for the bulls are located at the resistance lines of 1.0900 […]
Apr 16 2015 @ 09:32
The EURUSD is currently doing a pullback at the resistance level of 1.0733, which is above the 200 SMA. At H1 chart we can see a bullish short term structure developing and looking to consolidate in this bias at short or medium term. Any pullback could go until only the daily pivot point level of […]
Apr 16 2015 @ 06:24
The S&P 500 climbed by 0.51% on Wednesday after strong earnings were reported from a number of key US corporations. The Dow Jones Industrial Average and Nasdaq also rose with the Nasdaq climbing past the 5000 mark. Gains on Wall Street continued a strong session in Europe where the European Central Bank confirmed it would […]
Apr 16 2015 @ 05:34
Some of those who’ve been following my signals might wonder how they can best trade those signals. It might be recommended that certain pairs, like EUR pairs or NZD pairs, be bought or sold on a particular day. Normally, you’re not expected to follow the signals blindly. You need to use your technical analysis to […]
Apr 14 2015 @ 02:03
LGO stock (
LSE:LGO) currently requires trading methods that work in bear markets, for the dominant bias is bearish. In spite of desperate effort from the bulls, the bias remains bearish. In the chart, 4 EMAs are used and they are EMAs 10, 20, 50, and 200. The color that stands for each EMA is shown […]
Apr 14 2015 @ 01:55
UK Oil and Gas shares (
LSE:UKOG) are now attractive to interested bulls, in spite of the current volatility in the market. In the last months of the year 2014 and the early months of the year 2015, the price consolidated. Some consolidation to the downside in the month of February 2015 could have led some […]
Apr 13 2015 @ 22:20
EURGBP is showing a solid bearish structure at H1 chart, because the pair is trading below the 200 SMA and daily pivot point level of 0.7221. Also, the pair achieved in get outside from the bearish range below the resistance level of 0.7247 and now it’s looking towards the support zone of 0.7174. The RSI […]
Apr 12 2015 @ 21:33
The EUR/JPY plunged by roughly 350 pips last week, as forecasted. The price reached a high of 131.29 and a low of 127.20. The outlook for this week is also bearish, as long as the EUR is weak. The next targets for the bears are located at the demand levels at 127.00 and 126.50. EUR/USD: […]
Apr 11 2015 @ 14:05
Here’s the market outlook for the week: EURUSD Dominant bias: Bearish This pair plunged by 400 pips last week, owing to the very weak condition of EUR. In fact, most EUR pairs are weak – hence the justification of the ongoing bearish movement. The market is expected to keep going further downwards next week, reaching […]
Apr 10 2015 @ 05:33
The S&P 500 climbed higher by 0.45% on Thursday as crude oil prices rallied to $52 dollars a barrel in intraday trading. Energy shares led the market higher with Ensco Plc. stock ending the day as the sector’s strongest performer. The oil refiner soared by 5.7% to finish above the $24 mark. There were also […]