May 07 2013 @ 15:45
Fortunately for sellers, Quindell Portfolio shares (
LSE:QPP) are moving downwards. And they would continue to move downwards because of the technical reason given below. On the chart, the major trend has been bearish, so the weak rally that was seen last month was a perfect opportunity for sellers to drag the price lower at a […]
May 06 2013 @ 22:45
In yesterday’s session, the AUDUSD had a very bearish day, falling to strong support level at 1.0240. That support in the AUDUSD is a very important level, because there have slowed declines in recent days on the aussie and if this pair breaks that support, it is likely to see a fall below the psychological […]
May 06 2013 @ 01:57
The markets are now at critical levels and thus require tact to handle. Prices are now approach major supply and demand zones. When open orders are smoothed, bulls go against bears and bears go against bulls. This kind of scenario would signal that, should Smart Money exit all their orders, the market would be forced […]
May 05 2013 @ 19:10
The USDJPY has been unable to define its path, bullish or bearish on the daily chart and one should be aware of the moves that can be made this week, which can be very crucial in this pair. The USDJPY had little bullish movements last week, forming a bullish trend line that is serving as […]
May 05 2013 @ 19:05
Last week, the GBPUSD had slight movements that failed to overcome the barrier of 1.5600 level. Possibly GBPUSD is forming a lower high pattern to continue the climb but it is very difficult in the medium term due to the level of 1.5600, there is a very strong resistance supported by the 200 day moving […]
May 02 2013 @ 21:37
The EURUSD had a bearish session yesterday, approaching to the support at the psychological level of 1.30, a very important zone. The EURUSD fell 200 pips since the economic data released yesterday, which favored the U.S. Dollar. For today’s session will be published the now famous Non-Farm Employment Change (Previous: 88K / Forecast: 146K). If […]
May 02 2013 @ 00:27
In yesterday’s session, there were no significant changes in the EURUSD, indicating that this pair is preparing to receive the impact of economic data that will be published in the coming hours. The EURUSD is near a strong resistance at the 1.3194 level and is a very crucial this levale because if the EURUSD break […]
May 01 2013 @ 11:33
From this week AIM Stocks Charting will be providing a daily rundown of the top three volume stocks which in the case of May 1st means West African Minerals (
LSE:WAFM) will appear with Gulf Keystone (
LSE:GKP) and Range Resources (
LSE:RRL). I will throw inĀ number 4, Sirius Minerals (
LSE:SXX) as well, as a special. Yesterday’s […]
Apr 30 2013 @ 22:32
The AUDUSD is approaching a critical level. If the pair manages to overcome this barrier, would have a very clear bullish way in the medium term. There is a very strong resistance level 1.0391, which coincides clearly with the 200 day moving average. If the AUDUSD breaks this resistance, it is very possible that the […]
Apr 30 2013 @ 00:14
The bulls are now very aggressive on Coms (
LSE:COMS) as the stock broke out of a recalcitrant equilibrium zone. This is a big blow to the bears, which were trying to maneuver the price towards the downside during the recent consolidation. For the most part of this year so far, the stock moved in a […]