Mirza Baig / Profilo

Weekly price is on primary bearish market condition with the ranging within 0.7381 resistance level and 0.6907 support level: The price is located to be far below 100 period SMA (100 SMA) and 200 period SMA (200 SMA) for the primary bearish condition...

XAG/USD is on bearish market condition to be below 100 period SMA (100 SMA) and 200 period SMA (200 SMA) for 14.26 support level to be crossed from above to below for the bearish trend to be continuing. And 13.96 is the next bearish target for November...

GBP/USD: intra-day bearish with the ranging. The pair is located to be below 100 period SMA (100 SMA) and 200 period SMA (200 SMA) within the following reversal support/resistance levels: 1.5401 resistance level located above 100 SMA/200 SMA in the bullish area of the chart, and 1...

United Overseas Bank is suggesting to book profit near 1.0600 psy level for short trades. The price is located below 100 SMA/200 SMA for the primary bearish market condition with the secondary ranging within 1.0461 support and 1.1494 resistance level for the breaking 1...

W1 price is located to be below yearly Central Pivot at 1.2665 and below S1 Pivot at 1.1337. The price is breaking S2 Pivot at 1.0672 on open weekly bar for the bearish trend to be continuing with S3 Pivot at 0...

W1 price is located below 200 period SMA and 100 period SMA for the primary bearish with secondary ranging within 1.0500 psy support level and Fibo resistance level at 1.1713: bullish retracement pattern is formed by the price to be bounced from Fibo support level at around 1...

AUD/NZD: bullish ranging near bearish reversal area. The pair is bullish on market condition: price is located above Ichimoku cloud in the primary bullish area of the chart within the following key support/resistance levels: 1...

EUR/JPY: ranging breakout...

Daily price was on local uptrend as the bear market rally within the primary bearish market condition: the price broke resistance levels on the way to uptrend, and it was stopped near & below Ichimoku cloud and 'reversal' Senkou Span line which is the virtual border between the primary bearis...

Daily price finished the week with good breakdown: the price broke key support levels for the correction and stopped near & above Ichimoku cloud, 'reversal' Senkou Span line and 0...

US DOLLAR TECHNICAL ANALYSIS - Prices advanced as expected after prices put in a bullish Morning Star candlestick pattern. Near-term resistance is at 11937, the 50% Fibonacci expansion, with a break above that on a daily closing basis exposing the 61.8% level at 11985...

Many banks estimated the value of EUR/USD at year-end as 1.04. For example, Barclays made forecasting long time before Grexit, 2 days before Grexit and after Grexit with one same value: 1.04...

W1 price is located above 200 period SMA for the primary bullish and below 100 period SMA for the secondary ranging market condition between 141.05 resistance level and 126.09 support level: the price is on bullish ranging between key levels; price crossed 38.2% Fibo at 135...

Let's provide simple forecasting to crude oil at year-end using simple technical analysis tools: support and resistance lines, and Simple Moving Averages indicator (which is standard indicator in Metatrader 4 and Metatrader 5) As we see from the charts below (W1 timeframe and MN1 timeframe for EU...

W1 price is located above 200-period SMA and below 100-period SMA for the primary bullish market condition with secondary ranging between Fibo support level at 126.08 and Fibo resistance level at 141.05: 38.2.% Fibo level at 135...

Many banks estimated the value of EUR/USD at year-end as 1.04...

Humans in general grow up being taught by their environment of the importance of always being right. Those who are right are envied as the winners in society and those who are wrong are cast aside as losers...

Weekly price is on bearish market condition located below of 100-period SMA (100-SMA) and below 200-period SMA (200-SMA) for ranging within key levels: the price is ranging between 0.8541 resistance and 0.7233 support levels; ascending triangle pattern is fomed with 0...