Jan 17 2016 @ 18:18
The GBP/USD is one of the strongest trending currency trading instruments among the majors. The bias on the instrument is bearish and it is possible that the price would continue going downwards, reaching the accumulation territories at 1.4200 and 1.4150 this week. This bias would be valid until there is a bullish reversal of at […]
Jan 16 2016 @ 16:33
Here’s the market outlook for the week: EURUSD Dominant bias: Neutral This pair experienced short-term upswings and downswings, with no directional movements in the medium term. Just like last week, there may not be very strong movements this week, though there could be significant movements around the end of this month (which could happen on […]
Jan 14 2016 @ 16:20
New Year is here! Year 2015 was the most difficult year I’ve experienced in my trading career. For example, years 2007 to 2014 were easy for those who cut their losses, ran their profits and employed sensible position sizing methods. In the year 2015, the months of January, February, March, April and December were good, […]
Jan 14 2016 @ 08:21
Royal Bank of Scotland shares (
LSE:RBS) are already weak, and this is what is supposed to continue this year. It is amazing to see that some people would still be long this market. Men especially, tend to take foolish risks. They tend to think about how much they can make without mulling how much they […]
Jan 14 2016 @ 07:54
Google, now called Alphabet Inc. (
NASDAQ:GOOG), has a bearish signal on it. The signal is early enough for astute traders to catch a smooth, long-term journey, to the downside. There is a potential that the market would go further downwards from here. The ADX period 14 is almost going above the level 20, which means […]
Jan 10 2016 @ 18:39
The USD/JPY moved southward last week; by roughly 200 pips. The price made several attempts to break the demand level at 117.50 to the downside, but with no success. The price still shows the determination to go further south, which may eventually enable it to go below the demand level at 117.50. EUR/USD: This market […]
Jan 10 2016 @ 01:57
Here’s the market outlook for the week: EURUSD Dominant bias: Bearish From Monday till Wednesday, this pair went south. However, it started a bullish journey from Thursday till the close of the market on Friday. Bulls would continue making attempts to push the price further north, but their action would not jeopardize the extant bearish […]
Jan 07 2016 @ 06:21
Gulf Keystone stock (
LSE:GKP) is expected to go further downwards this year, just as it was predicted last year. The market went downwards protractedly and persistently, bringing profits to those who understand that this is a bear market. Trading is a business to be understood. 4 EMAs are used for this analysis and they are […]
Jan 07 2016 @ 06:11
Facebook shares (
NASDAQ:FB) are now in an equilibrium phase. The price might break out of the current range, but a downward movement is much more likely (though an uptrend cannot be ruled out). From July to October 2015, the price went upward, with occasional pullbacks along the way. The price then consolidated in the last […]
Jan 06 2016 @ 18:31
GOLD (XAUUSD) Long-term bias: Bearish In 2015, Gold topped at 1307.35 and later reached a low of 1046.21. Gold was engaged in perpetual and persistent downtrend, trapping bulls with short-term bullish movements. It is completely irrational to open long trades in the market, because the bears have really made their presence felt for a long […]