GBP/USD – Technical Analysis (10.10.2014)
The GBP/USD entered into correction territory after its massive selloff was stopped at 1.5950. The short-term bias remains positive above 1.6024, the immediate support for the pair. Next major target to the upside More...
Gold – Technical Analysis (10.10.2014)
Gold’s slide was stopped a few dollars above the crucial $1180 support, and the precious metal is currently trading above $1120. A weekly close at current levels will result in a triple bottom formation. For More...
USD/JPY – Technical Analysis (10.10.2014)
Although the longer term perspective for the USD/JPY remains positive, currently we are seeing some profit taking in the forex pair. The short-term outlook is negative below the 109.20 resistance, targeting 107.38. More...
The Fed indicate dollar firmness and global economic slowdown as threats to US recovery
The Federal Reserve minutes released on Wednesday show central bankers’ anxiety about the strong US dollar and the global economic slowdown. The minutes released of the Federal Reserve’s last policy meeting, More...
AUD/USD double bottom at 0.8650 provides good buying opportunities!
The AUD/USD slide that we have been witnessing since early September seems to have bottomed out at 0.8641, at least in the mid-term. This week’s impulsive movement to the upside has resulted in a double bottom More...
Swing Trading Strategy or How to Profit from Stocks’ Trading Cycle
In swing trading, the time span is longer compared to day trading. In this trading strategy, stocks are watched for weeks or even months, before making an investment decision. It is essential to follow the market More...
How to Trade the Gap?
Gaps are areas found on charts in which there is a sharp upside or downside movement of a given financial instrument. It should be noted that between the two candles where you find the actual empty space there More...
ECB starts purchasing rebundled debt in weeks
ECB announced its plans for buying rebundled debt packets in the coming weeks, to boost the flagging euro zone economy. The European Central Bank announced on Thursday it is planning the purchases оf rebundled More...
How to Profit from a Breakout
In trading a breakout, there is always a hazard of a false breakout which can result in a loss. For this strategy to be successful, traders should be able to find a combination of elements that reduce the probability More...
Forex scalping…is it worth it?
Scalping is high-frequency trading in which forex pairs are bought and sold on the basis of real-time market analysis. Scalpers’ goal is to make profits as they purchase or sell currencies and hold positions More...
