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Daily Trading Forecasts (April 22, 2013) by Azeez Mustatapha
The JPY pairs were able to maintain their bullish outlook last week. This week, the bullish outlook is expected to continue, but it is
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With heavy hearts towards the brave citizens of Boston, the stock market charges back by Matt Zivich
IBM dragged the Dow on Thursday after hours, along with Microsoft and Google. During Friday's trading, the Dow was down as much as 90
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Daily Trading Forecasts (April 17, 2013) by Azeez Mustatapha
The JPY pairs have quickly recovered the losses they saw on Monday. Now the question is: would these pairs reach their respective
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Daily Trading Forecasts (April 16, 2013) by Azeez Mustatapha
The price behavior that was seen on Monday shows that we may reasonably expect significant market movements this week. Right now, the
markets are at critical price levels. &nb ... Read more
Georgia Anderson's Financial News Network Blog
EURJPY Technical analysis for March 14
Posted by: megaforexfx
EURJPY Daily Technical Analysis for March 14
The price is currently testing the upper limit of its medium term bullish channel at 108.80 and seems to initiate a decline. However a break through these levels will free up significant potential and initiate a bullish trend more violent.
Technical indicators provide buy-signals and are approaching the overbuy zone supporting the assumptions of a decline. Bollinger bands have greatly tightened in recent days showing a decline in volatility and the imminence of a violent movement.
According to previous events, the market will indicate a bullish opportunity as soon as the spot rate has broken its resistance at 108.80 with the 1st objective of 109.30, then 109.50. A break through 108.60 will alter this scenario.
Have a nice day!
You can learn how to use the Martingale Strategy in Fx-megaforex web page www.fx-megaforex.com
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