Tuesday 10 March 2015

Forex signals | EURJPY


The primary trend of EUR/JPY is bearish, prices are successfully sustaining at the lower levels & looking weak for the upcoming sessions. The pair is consolidating with strong negative bias to give a breakout at downside. Prices are also taking support at the important level of 131.35 Today if the pair breaks 131.35 & managed to sustain below it, then we can expect it to continue its ongoing trend & test the level of 131.00 in today's session. RSI is also sustaining in selling territory supporting downside movement in the pair.

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STRATEGY :- EUR/JPY is looking further bearish on charts. One can go for sell on higher level strategy for this pair for intra day to mid term positions.

Monday 9 March 2015

Gold Forecast


The gold markets fell during the course of the week, crashing through the vital for hundred dollars level. Because of this, we feel that the market is probably going to continue lower, but we also recognize that there is going to be a significant amount of volatility, making this a market that you do not want to trade from a longer-term perspective. We believe that short-term traders will continue to dominate the marketplace, so therefore we will look to shorter-term charts for trade set ups.

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FORECAST
Gold markets fell during the session on Friday, slicing through the $1180 level. Because of this, it appears that the market is ready to continue going a bit lower, especially considering that the US dollar has broken out. A stronger US dollar should continue to put significant pressure on gold markets, and commodities in general. With that, it’s very likely that this market should continue to drift down and trying to find support somewhere near the $1160 level, or perhaps the $11,400 level. We believe that the market will probably bounce from that area.

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Thursday 5 March 2015

Strategy for NZD/USD



 The primary trend of NZD/USD is bearish, prices are successfully sustaining at the lower levels & looking weak for the upcoming sessions. The pair is forming a rising channel and consolidating with strong negative bias to give a breakout at downside. Prices are also taking support at the important level of 0.7500. Today if the pair breaks 0.7495 & managed to sustain below it, then we can expect it to continue its ongoing trend & test the level of 0.7450 in today's session.
RSI is also sustaining in selling territory supporting downside 
movement in the pair.
  

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STRATEGY :- NZD/USD is looking further bearish on charts. One can go for sell on higher level strategy for this pair for intra day to mid term positions.

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Wednesday 4 March 2015

Forex signals Today-EUR/USD


Forex signals live chart -EUR/USD


The primary trend of EUR/USD is bearish, prices are successfully sustaining at the lower levels & looking weak for the upcoming sessions. The pair is consolidating with strong negative bias to give a breakout at downside. Prices are also taking support at the important level of 1.1155. Today if the pair breaks 1.1150 & managed to sustain below it, then we can expect it to continue its ongoing trend & test the level of 1.1095 in today's session.
RSI is also sustaining in selling territory supporting downside movement in the pair.
                                    

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STRATEGY :- EUR/USD is looking further bearish on charts. One can go for sell on higher level strategy for this pair for intra day to mid term positions.

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Tuesday 3 March 2015

NZD/JPY Bullish,Forex trading signals



The primary trend of NZD/JPY is bullish, prices are successfully sustaining on the higher levels & looking bullish for the few upcoming sessions. The pair has formed a falling wedge on higher level, which is expected to give a breakout at upside. Prices are also taking resistance from the important level of 90.30, consolidating & gaining strength to break it upside. Today if the pair breaks 90.35 & managed to sustain above it, then we can expect it to continue its ongoing trend & test the level of 90.60 in today's session.
                      

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RSI is sustaining in buying territory supporting upside movement in the pair.

STRATEGY :- NZD/JPY is looking further bullish on charts. One can go for buy on dips strategy for this pair for intra day to mid term positions.

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Thursday 26 February 2015

Friends Life | Trend sideways


London stocks slips from record high after Greece uncertanity arises which lead index to fall from all-time highs on Wednesday as investors scaled back their appetite for risk after a rally the previous session.In economic data on Wednesday, the British Banker's Association reported that UK mortgage approvals increased more than expected in January.



RECOMMENDATION SELL

TARGET 408

The Major trend of Friends Life Group Limited Plc is sideways and it is showing strength for selling . If it moves below the support then one can initiate the short position in the stock. If it breaks the level of 413.50 downside then it can show downside movement for the target of 408 with the stop loss of 417.80.


  CHART FORMATION:-Live chart shows that it is trading near its support and breaking below that support trendline will lead to selling in the chart. Crossing the support will lead to downside movement. Stock is trading below the 50 DMA with negative bias.
INDICATORS:-
RSI is trading near to 44.31 level with negative bias, in upcoming session downside movement is expected.
MACD and Signal line is sustaining below the zero level line.

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Wednesday 25 February 2015

Forex signal live chart | USD/CHF


The primary trend of USD/CHF is bullish, prices are taking resistance of falling trend line & consolidating on higher levels with a positive bias. Today if the pair breaks the level of 0.9535 & managed to sustain above it, then we can expect it to continue its ongoing trend & test the level of 0.9580 in today's session. RSI is sustaining in buying territory supporting upside movement in the pair.

MACD line has recently break the zero line,indicating the up trend in the market.
                                   

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STRATEGY :- USD/CHF is looking further bullish on charts. One can go for buy on dips strategy for this pair for intra day to mid term positions.