April 2015

Move your stop loss buy level progressively lower if you were running a profitable short position in a currency pair.
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Key Notes: RBNZ official cash rate, unchanged 3.5% UK Gfk consumer confidence 4 vs. 5 New Zealand building consents m/m 11% vs. -6.5% previously Japan preliminary industrial production m/m -0.3% vs. -3.4% Australia import prices…
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With the major monetary policy decisions, the markets are likely to continue on the broad theme with the US Dollar likely to continue to post losses.
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WTI Crude Oil breaks above $58, the inverted head and shoulders minimum price objective
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Dow Jones: 17920 Equity on a bigger consolidation pattern On the longer-term as long as market trading higher than 17,000 us dollar for the index ;then it is an buy opportunity to target $20,000. in case now rate hike by the Fed.…
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GOLD 1205 Wide Range Market - breakout on the edge On the Short-term ; the market has penetrated the short-term support area which is 1188 ; however , this breakout could not be trusted unless market would be traded below 1178.As we…
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Oil (5K) 59.20 Short-term Correction ; On the short-term view ; the market has succeeded to continue pushing up the prices upwards gradually to approach the key resistance 56.50 Therefore, our bullish overview has been weakened…
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USD/JPY: 119.05 Japanese Yen consolidate further - breakout soon to catch up the market movement as market has recorded a higher price over 120 yen per us dollar , the upward for the longer term view is more probable , however , the…
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GBP/USD: 1.5410 Correction Phase ; with accumulating buying pressure On the short-term , market break resistance levels which is considered a pivotal level on the mid-term (1.5200) and still stable above it, which forms good…
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EUR/ USD Correction Phase ; a bigger range market 1.1206 On the short -term the market the market still ranging between 1.05 and 1.12 levels as awaiting a more data to decide the new mid-term direction. Now the market has…
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