Apr 13 2013 @ 02:04
GBPJPY: SELL Last week, from the low of 140.360, the GBPJPY rose by more than 1150 pips. This happened in less than one trading week, but would it continue? Many traders are now bullish on the GBPJPY (and other JPY pairs) whereas the instruments are now at critical supply levels. The masses’ irrationality here is […]
Apr 11 2013 @ 08:02
GOLD Dominant bias: Bearish Since the year 2012, the outlook on the world-famous gold has been bearish. This highly-sought precious metal has plummeted by more than 13500 points since December 2012, when the model used for this analysis gave a long term short signal. The outlook is bearish and the price would continue to respect […]
Apr 10 2013 @ 23:20
The EURUSD has been moving in sideways, like other pairs who are waiting to define their trends for the coming days. The EURUSD has met with the strong resistance at the level of 1.3085, which coincides with the 200 day moving average, that is currently doing dynamic resistance on this pair. In yesterday’s session, there […]
Apr 10 2013 @ 19:34
For now, we expect from the AUDUSD, to develop a lower high pattern, because this pair is overbought and a consolidation at current levels it is possible, but we must be very careful with the fundamental’s news in Australia for today’s session. The AUDUSD broke a strong resistance level at 1.0486, with a long bullish […]
Apr 10 2013 @ 00:59
It is expected that the shares of Motive Television (
LSE:MTV) would continue going upwards, following an overextended bearish run in the market. There is now a valid bullish bias on the chart. One should not short this market any longer: an ounce of restraint can frequently prevent a pound of regret. On the chart the […]
Apr 10 2013 @ 00:46
Aminex stock (LSE: AEX) is wrapped in valid optimism right now. The price has constantly found a bottom around the accumulation territories of 4.00 and 3.50. Since those accumulation territories are too strong for the bears, the price would eventually go up. The price is below the EMA 21 and the Williams’ % Range period […]
Apr 09 2013 @ 19:05
In the yesterday session, the GBPUSD was moving in ranging, showing an unclear trend in the short term for this pair. The GBPUSD is facing with a resistance level at 1.5369. The cable is currently developing a lower high pattern, which, if it does a breakout at the resistance level in 1.5369, the cable can […]
Apr 08 2013 @ 19:05
The EURUSD had a week very bullish, which, provided many opportunities for traders to place buy orders in this pair though, we must be careful with this sudden “change of trend” because it could be a “false positive” . The EURUSD has started this week, moving in range and currently, is facing a resistance level […]
Apr 08 2013 @ 19:03
The Aussie had a week with ups and downs, but the last week closed with the domination of the bears against the bulls. ¿Will the bears continuing to maintain control over the AUDUSD for this week? The AUDUSD found support at the 200 day moving average, causing there a bullish rebound, which is leading to […]
Apr 07 2013 @ 21:50
EURUSD Primary trend: Bearish Although the EURUSD went upwards recently, the major bearish bias remains unchanged, and for it to be rendered invalid (for it is being threatened), the price would need to trend further upwards for at least, a few trading days. Even, should the price touch the resistance level at 1.3000, it is […]