Monthly Archives: March 2012

GBP/USD Technical insight

GBP/USD caged in a straight like channel has found resistance around 1.5995 region yesterday and forming a bearish reversal candle afterwards,this level has been a resistance region with many sell orders triggering around that region,today has been a bearish one … Continue reading

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AUD/USD Technical insight

We have detected that AUD/USD has been trapped within a descending channel,pair met resistance yesterday at the 1.0544 upper border of the channel and descending trend line and is currently making daily lows. We expect this pair to head towards … Continue reading

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GBP/JPY Technical insight

GBP/JPY has found a solid support around 130.00 region and corresponds with the 50% Fibonacci retracement lines, we are set to see the current uptrend continue beyond the 0.0 Fib area and 133.45 and even beyond,this key area has stalled … Continue reading

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ANALYSIS ON NZD/USD

CHART1 NZD/USD DAILY CHART Last week we did an analysis on this pair and everything played out fine,Our tp hit and we lived happily ever after. Yet again  this week we have another opportunity showing up casually but we have … Continue reading

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ON A DIFFERENT NOTE

Today,I had a lot on my mind. I was ruminating on why it was so difficult for me to quit when the journey just began and I was walking on thorny roads,I lost so much that I almost cried. Frustration,dejection,anger … Continue reading

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XAU/USD outlook for the week

Last week we said that this precious metal was trapped in a descending wedge and any break out downwards will see it falling maybe to 1568.00 region,it broke out southwards but only moved about 280 points only for us to … Continue reading

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EUR/USD The week ahead

After a week of indecision,intrigues and rigmaroles,EUR/USD has formed a wedge on an ascending trend and successfully broke out of it on Friday,this breakout is a successful break through the critical resistance of 1.3242 which also corresponds to the 50% … Continue reading

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ANALYSIS ON EURUSD

CHART1 EURUSD DAILY CHART If you take a look at our previous analysis on EURUSD which we published on monday, we mentioned that the pair had meet a major resistance mounted by the 100EMA around 1.3260 region. The resistance seemed … Continue reading

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THE EPIC BATTLE IN FOREX

The first season of the epic series Spartacus,in an episode where Onomeaus was tutoring spartacus and Crixus how to defeat the menacing giant Thiokoles,he bemoaned that he was regarded the greatest gladiator not because he was able to defeat the … Continue reading

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