All Blogs
Estimated pivot point is at the level of 1.3450. Our opinion: In the short-term: sell the pair from correction above the level of 1.3330 with the target o 1.3450. In the medium-term: sell the pair from correction below the level of 1.3450 with the target of 1.32...
Prices are attempting to recover after putting in a bullish Piercing Line candlestick pattern above support at a rising trend line set from June 2012. Near-term resistance is at 98.93, the 14.6% Fibonacci expansion, with a break above that exposing the 23.6% level at 100.41...
Prices launched higher as expected after putting in a bullish Piercing Line candlestick pattern. Resistance is now at 1320.12, the 38.2% Fibonacci expansion. A break above that on a daily closing basis exposes the 50% level at 1332.49. Alternatively, a reversal below the 23.6% Fib at 1304...
Prices declined as expected after putting in a bearish Evening Star candlestick pattern with negative RSI divergence. A break below the 38.2% Fibonacci retracement at 1921.80 has exposed the 50% level at 1900.30. Moving further below that eyes the 61.8% Fib at 1878.70...
Prices may be setting up for a pullback after rallying as expected having put in a Bullish Engulfing candle pattern. The emergence of negative RSI divergence below resistance at 10560, the 50% Fibonacci retracement, warns of ebbing upside momentum. A daily close below the 38...
Warren Buffett, Chairman of the Board and CEO of Berkshire Hathaway, says parents should start teaching children about importance of money at an early age, even in preschool. Do you think most parents do a good job teaching their kids about money...
The Index (daily chart) has stalled after pulling back to a key uptrend support line extending back almost two years to late 2012. This pullback has brought the US equity index down sharply from its record high of around 1991 that was hit just two weeks ago in late July...
The number of Americans who filed for jobless claims plunged last week, indicating that the labor market continues to grow stronger. Fresh applications of state unemployment benefits declined 14,000 to 289,000 for the week through August 2, said the Labor Department on Thursday...
When someone first begins to learn to trade, they’ll often delve right into technical analysis. After all, if you can read a chart and get trade ideas directly from past price information, there is no need to learn any of the ‘difficult’ stuff...
Gold prices are seeing a mild downside technical correction following the strong gains posted Wednesday. There is also a bit less risk aversion in the market place Thursday, which is not bullish for the safe-haven gold market. December Comex gold was last down $1.30 at $1,305.40 an ounce...
By the end of May, the decline in the benchmark 10-year U.S. government note yield to 2.40% marked its lowest reading since July 2013...
The easiest way "to invest like a billionaire" is start betting with a billion dollars. If you don't have that, there is still a chance to invest like the super rich - join the new exchange traded fund with an attractive methodology. The question is whether this is a trick or it really works...
The pound was little changed against the U.S. dollar on Thursday, after the Bank of England left interest rates unchanged and announced no change to its asset purchase facility program. GBPUSD hit 1...
Stock market investing provides a great vehicle to potentially earn a lot of money. However, you can only be successful if you have the right knowledge and information. The following tips can provide some advice on how to maximize your stoick investment opportunities...
You might think that investing in the stock market is only for people with a lot of money to spare or someone that has, unusually good luck. Nothing could be further from the truth...
This method has been proven delivering profit on my daily trading and I just broke my own trade record in last week. Usually, I did about $1000 – $2000 a week. But since I discovered about the secret of high volume trade and the behave of candle, now I can produce about $10.000 – $15.000 a week...
NZDUSD Technical Strategy: Sidelines Preferred Hammer May Fail To Sustain Upside Momentum Selling Pressure Looms Overhead At 0.8530 NZDUSD is back above the 0.8460 mark may fail to find follow-through with a Hammer formation lacking confirmation at this stage...
How to calculate leverage in trading account The concept of notional value How much leverage we can use Traders are drawn to the Forex for many reasons, including: being the largest market in the world, only having a few major currencies needing to be followed as opposed to 1000’s of companies, a...
from daily chart, we can see triangle already break, and right now, retest 61.8 fibonacci at 19.703 level. We also see bearish butterfly will perform to reach potential reversal zone at 22.361 as bullish target. and this pattern will failure if price break bellow fibonacci 88.6 at 18...
