GBP/USD – Technical Analysis (26.11.2014)
The GBP/USD’s unsuccessful attempt at the 1.5735 upper boundary of the trading range (see chart) signals that the pair is about to head back to 1.5590. A breach there will send the GBP/USD to the key support More...
EUR/USD – Technical Analysis (26.11.2014)
The EUR/USD is trading close to the key 1.25 resistance after its bounce from 1.2356. We anticipate a tight test of 1.25 to result in the renewal of the pair’s downtrend. Next target to the downside for the More...
EUR/USD – Technical Analysis (14.11.2014)
The EUR/USD extensive downtrend is intact. The outlook will remain negative below the 1.2508 resistance. The pair is expected to resume its slide toward the 1.2357 support. More...
EUR/USD – Technical Analysis (11.11.2014)
The EUR/USD’s correctional attempts were stopped at 1.2510, and the downtrend was resumed. Next target to the downside is 1.2360, followed by the 1.2280 support. Initial resistance is located at 1.2510. More...
Don’t get tricked by gold: it’s time to Sell, not to Buy!
I have heard recently that gold has depreciated “way too much” and “it’s time to buy”. With my respect to all professional and amateur traders and analysts, I would totally disagree More...
Gold – Technical Analysis (24.10.2014)
Yesterday’s daily close below the $1240 support was bad news for gold bulls. We expect the precious metal to resume its long-term downtrend. First target to the downside is $1221, followed by $1204. Immediate 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...
