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Technical Analysis

Touchstone is a bears’ paradise: Price to reach 0.200 and below

Apr 09 2014 @ 01:50
Touchstone stock (LSE:TGL) has long become a bears’ paradise. There has been a steep decline in the price; which was punctuated by short-term rallies and further dips. This kind of bias has really benefitted the bears, since they have learned how to make fortunes from this kind of market. A tormentor makes his victims hardy. […]
 

EUR/GBP inside a strong bearish zone below pivot point

Apr 08 2014 @ 21:30
The EUR/GBP remains strong in the current bearish bias, so it is advisable to follow the current trend. The pair opened the Asian session below the pivot point at the level of 0.8247. If the EUR/GBP manages to make a breakout in the support level of 0.8221, next target would be the 0.8205 level, which […]
 

AUD/USD is strong in the current bullish trend

Apr 07 2014 @ 22:18
The Aussie remains above the 200 SMA and the pivot point. The AUDUSD is forming bullish patterns above the pivot point at the level of 0.9272, so it is very likely that this pair rise to the resistance level of 0.9291. If the pair manages to make a breakout at that level, the next target […]
 

Gold Is Becoming Bullish, But Silver Remains Neutral

Apr 07 2014 @ 17:09
Here is the current outlook on Gold and Silver. GOLD (XAUUSD) Dominant Bias: Bullish The bias on Gold was recently bearish, but the precious metal has been trying to reject further southward move. The effort to reject further southward move became serious throughout last week when the price found a bottom at the support level […]
 

Daily analysis of major pairs for April 7, 2014

Apr 06 2014 @ 18:25
The USD/CHF tested the resistance level at 0.8950 last week. It would test that resistance level again this week. EUR/USD: In spite of the adamancy of the EUR, this pair remains a bear market. Yes, the outlook is bearish and the market is expected to continue going lower this week. The support line at 1.3700 […]
 

Weekly Trading Forecasts on Major Pairs (April 7 - 11, 2014)

Apr 04 2014 @ 16:30
Here’s the market outlook for the week: EURUSD Dominant bias: Bearish The pair has remained bearish recently, going downwards slowly and steadily. There is a Bearish Confirmation Pattern in the chart, and with the continuation of the selling pressure, the price would easily test the support line at 1.3650. Should that support line be breached […]
 

FTSE 100 Divergence is the Writing on the Wall

Apr 03 2014 @ 05:50
Despite the rampant bullish sentiment over the last year the FTSE 100 is still trading below its high set in May 2013. The failure of the FTSE to follow the S&P 500 to new all-time highs this year and the fact that it still trades over 200 points below the 2013 high could be a […]
 

Premium Signals on the AUD Pairs (April 3 – 30, 2014)

Apr 03 2014 @ 03:37
“Given as few as 30 per cent winners, one can earn a fortune in the markets if only one knows how to handle winners and losers.” – Dirk Vandycke Please let me introduce you to some premium signals that would be coming your way occasionally. The JPY Pairs Pullback signals are good and we’ll continue […]
 

NZD/USD is currently strong in the bearish bias

Apr 01 2014 @ 19:54
The NZD/USD has fallen in the last hours. The NZD/USD remains very strong in the current bearish bias after the pair has found resistance at 0.8690 level. Now this pair is trying to consolidate below the 200 SMA. If successful, it is expected to fall to the support level of 0.8595. On the other hand, […]
 

The Growing Scandal of High Speed Trading

Apr 01 2014 @ 10:10
This space is normally devoted to commentary on one or more companies’ share price. Today it is about exposing what may be the biggest scandal ever to hit stock exchanges around the world. The problem in the U.S. is so  bad that the FBI is now investigating the massive fraud being perpetrated on U.S. investors. […]
 
 
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