Showing posts with label free forex signals. Show all posts
Showing posts with label free forex signals. Show all posts

Tuesday, 24 March 2015

GBP/USD Technical Analysis and Trading Strategy for Tuesday, March 24 2015



GBP/USD Technical Analysis forex signal
GBP/USD



SUMMARY:
The trend of GBP/USD is majorly bearish but from past few trading sessions prices are not sustaining at lower levels & consolidating near the important level of 1.4990. In its hourly chart, prices are consolidating with strong positive bias and taking support of 30 and 200 DMA. If the pair breaks the important level of 1.4990 at upside then we can expect it to test the level of 1.5040/1.5090.


INDICATORS:-
RSI is sustaining in buying territory supporting the upcoming bullish trend in the pair.
MACD line is also sustaining in buying territory indicating the bullish trend in the pair.
GBP/USD Forex Technical Analysis stratrgies

STRATEGY:- GBP/USD has bounced back from the lower level & looking bullish on charts for next few session. One can go for buy on dips strategy for this pair for intra day to mid term positions.

Thursday, 12 March 2015

Forex Trading Strategies and Technical Analysis for Thursday, March 12 2015



EUR/USD 
The EURUSD broke down during the session on yesterday, testing the 1.05 level, which is massively supportive. In the meantime, we think that this market simply grinds sideways, as it seems to be a bit oversold. With that, we will pay attention to the movement and wait for any significant breakdown in order to play this particular pair, or a break below the 1.05 level. However, we think that the market eventually sell off, heading to parity as this EU still has all of the same issues as it has had over the last few years.

EUR USD Technical analysis
EUR/USD Technical Analysis


GBP/USD

The GBPUSD broke down during the course of the day on yesterday, slicing through the 1.50 level. This is a massive support level on the longer-term charts. Because of this, it appears that the market will continue to be attracted to that level. We believe that the market should continue to try to break down below the 1.48 level, and given enough time, it certainly will. Once that happens, the British pound should fall apart and head directly to the 1.45 level which is supportive on the longer-term charts. As of now we are in downtrend and expect a lot of volatility between here and 1.48 level. Remember, the US dollar is the strongest currency in the world right now, and it’s difficult to imagine going against it.

GBP/USD Technical analysis
GBP/USD Technical analysis

The AUDUSD tried to break out during the session on yesterday, but found the area above the 0.76 level to be too resistive. Because of this, the market ended up forming a shooting star and looks ready to continue going lower. The 0.75 level is the next major area below, and we fully anticipate the Australian Dollar trading down to that level at least. On top of that, the US dollar continues to remain the strongest currency in the world right now, and therefore we have no interest in going against it.


AUD USD Technical analysis
AUD/USD Technical analysis


USD/JPY
The USDJPY went back and forth during the course of the session on yesterday, essentially proving nothing. The one thing that we notice is the fact that the market didn’t break down after breaking out. That’s a sign that the buyers are serious, and could very well continue to push this market higher over the longer term, which is exactly what we anticipate. Because of this, we believe the pullbacks are buying opportunities, and that the market should break above the 122 level, and then head to 125.

USD JPY Technical analysis
USD/JPY Technical analysis


NZD/USD

The NZDUSD fell during the course of the day on yesterday, as we await the interest-rate decision out of Wellington. Right now, it looks as if it is going to break down and continue to go even lower. With that, we are very bearish of the New Zealand Dollar going forward, as we anticipate that the sellers will continue to control his market. Even if we get some type of rally from here, we believe that rallies will simply offer value in the US dollar, and should be sold as soon as they fade.

NZD USD Technical analysis
NZD/USD Technical analysis

Wednesday, 29 October 2014

FTSE overview


 
U.K. stock market ended Tuesday's session on an upbeat note thanks to a strong performance by the mining sector and a level of stability not seen on markets for several weeks. FTSE 100 opened on flat note and showed straight upside rally and manages to closed above 6400 level. The US central bank is also forecast to keep interest rates unchanged Which give strong signal and it traded with positive bias.Technically Index is looking strong as RSI is sustain above 50 level and it is trading above 50 DMA and facing resistance from 200 DMA crossing of it can show upside movement.Index is facing resistance at 6450 level if it manages to consolidate above 6400 level it can test the level of 6600 & 6750 with the support of 6300.

 
TOP GAINER
Name
Close Price
Change %
Smith & Nephew
1013
3.58
Anglo American
1344.5
3.7
Antofagasta
702
3.46
Vodafone Group
203.55
2.96
Aviva
518
2.37


TOP LOSER

Name
Close Price
Change %
Standard Chartered
998.4
-8.2
Lloyds Banking Grp
73.5
-2.44
Bg Group
1026
-1.63
Glaxosmithkline
1386.5
-0.89
Schroders Nvtg
1830
-0.81


Tuesday, 28 October 2014

UK stock pick of the day : Victrex Plc Ord


Corporate logo of Victex plc : FTSE stock pick of the day
FTSE stock pick of the day

RECOMMENDATION BUY
TARGET 1740
The primary trend of Victrex Plc Ord is Bearish and from last few trading session stock is showing strength for buying and looking strong on charts. Stock is facing support from the level 1580 sustaining above that can show northward journey.One can initiate the long position in the stock above the level of 1640 with Sl 1580 for the target 1740.

CHART FORMATION:-
Detailed technical chart of the Victrex Plc stock

Stock is trading with support of falling trend line and facing resistance from the level of 1640 crossing of it can show northward journey.
Stock is sustaining above 50 DMA and facing support from 200 DMA crossing of it can show upside movement.

INDICATORS:-
RSI is trading near to the level of 50 and showing consolidation , Breaching of the resistance level can manage to test the level of 70.
In ADX , Positive DI is placed above negative with positive bias.
Macd & Signal line is trading above Zero level line which is indicating strength in the stock.

UK stock market insights

United Kingdom stocks closed lower on Monday, with banks and mining stocks providing a drag in the aftermath of the results of the latest EU bank stress tests and alongside a weak reading on German business confidence. The FTSE closed down 24.92 points at 6,363.81 after falling early on. FTSE 100 opened on positive note and made an intraday high at 6443, later on it showed down side movement and made a low at 6336 but manage to close on moderate loss. For upcoming session it can trade in a range of 6450-6300 , if it sustain above 6300 level and crossing of 6450 level it can test the level 6600.


 




TOP GAINERS
Name
Close Price
Change %
Intercont Hotels
2268
2.3
Reed Elsevier Plc
993.5
1.58
Sabmiller
3398.5
1.22
Astrazeneca
240.4
0.92
Unilever
2431
0.91

 
TOP LOSERS

Name
Close Price
Change %
Smith Group
11118
-2.95
Antofagasta
678.5
-2.09
Barclays
221.35
-2.21
Rolls-royce Hldgs
777.5
-2.2
Lloyd Banking Group
75.34
-1.8



Monday, 27 October 2014

FTSE stocks overview

London stock Exchange
London stock market ended on a negative note on Friday amid fresh jitters about the Ebola virus and weak Chinese property data.The FTSE 100 Index closed 30.42 points adrift at 6388.73 as a New York doctor who recently returned from Ebola-hit Guinea in West Africa became the fourth case of the virus in the US. The FTSE initially fell during the course of the week, but found enough support at the 6225 level to turn things back around and form a positive candle.
On charts it has formed bottom up so for upcoming session sustaining above the  level can test the level of 6600 & 6900 with support of 6000.

For free stock picks trial click here


TOP GAINER
Name
Close Price
Change %
Shire
4050
3.98
Vodafone Group
200.5
1.85
Standard Chartered
1115
1.46
Old Mutual
184.7
0.65
3I Group
379.6
0.56


TOP LOSER

Name
Close Price
Change %
Pearson
1139
-2.57
Anglo American
1308
-2.39
Intercont Hotels
2217
-1.9
Bhp Billitob
1627
-1.9
Next
6500
-1.89

 

Monday, 13 October 2014

LSE stock pick of the day : National Grid Plc Ord


Stock pick of the day for London Stock Exchange
LSE stock pick of the day

RECOMMENDATION Sell
TARGET 840
The secondary trend of National Grid Plc  is Bullish and from last few trading session it's showing selling pressure and did not manages to sustain at higher level.Stock is facing support at the level of 869, breaching of it can show side movement one can initiates the short position in the stock below the level of 869 with Stop loss of 885 for the target of 840.

For free stock picks trial click here 
CHART FORMATION:-
Stock is consolidating with negative bias breaching of the support level can show the down side movement.
It's 50 DMA has given the breack out below it's 200 DMA with negative bias , it is trading below both the moving averages which is indicating selling pressure in the stock.

Deatialed technical chart of LSE stock of the day
Technical Chart
INDICATORS:-
RSI is trading below the level of 50 and consolidating with negative bias.
MACD & Signal line is manages to sustain below zero level line with negative bias.
ADX, Negative DI is sustaining above the positive DI which is indicating weakness in the stock.

Friday, 10 October 2014

FTSE Overview


 
FTSE overview
London shares ended Thursday on a low note as more economic gloom in Europe overshadowed hints of delays to US interest rate rises.The FTSE 100 closed 50.39 points adrift at 6431.85 after downbeat economic news in the UK and mainland Europe, which included a report showing that German exports in August registered their deepest monthly decline since January 2009. Index has opened on positive note but did not manages to sustain at higher level and showed down side movement after ward and breached the major support level of 6400 which is giving very negative sign now sustain below the level can test the level of 6000.


TOP GAINER
Name
Close Price
Change %
Hays
124.8
4
Severn Trent
1897
2.54
Rio Tinto
3053
2.14
Antofagsta
686
1.63
Sainsbury
230.2
1.35


TOP LOSER

Name
Close Price
Change %
Kingfisher
296.8
-5.08
Vodafone Group
197.35
-3.04
Itv
200.1
-2.77
Aviva
499.3
-2.67
Schroders
2234
-2.36


Wednesday, 8 October 2014

FTSE stock pick of the day


Coca Cola Hbc Ord


RECOMMENDATION BUY
TARGET 1399
The primary trend of Coca Cola Hbc Plc is side ways and from last few trading session stock is showing strength for buying and looking strong on charts.Sto ck is showing buying from dips and facing resistance from the falling trend line breaching of it can show upside movement .One can make a long position in the stock above the level of 1345 with sl of 1315 for the target of 1399.

CHART FORMATION:-
Stock has managing to trade with positive bias and consolidating near to resistance level crossing of it can show northward journey.
It's facing resistance from 200 DMA breaching of the 200 DMA can test the level of 1399.

U.K. Stock pick of the day

INDICATORS:-
RSI is trading near to the level of 50 and showing consolidation , Breaching of the resistance level can manage to test the level of 70.
In ADX , Positive DI has given the break out above negative DI which is confirm strength in the buying side.

FTSE Insights


UK stock market overview
London shares were on their sickbed on Tuesday as investors fretted about the Ebola virus and disappointing economic data, although takeover activity buoyed miners.
The FTSE 100 Index closed 68.07 points adrift at 6495.58 as a fresh case of Ebola in Spain hit shares in airlines and travel companies.Index has shown straigth down side rally and facing support at the level of 6400 as RSI is sustains below the level of 50 and FTSE 100 is trading below the level of 50 DMA & 200 DMA with negative bias . For upcomming session if index breaches the level of 6400 it can test the level of 6300 with the resistance of 6550.


TOP GAINER
Name
Close Price
Change %
Tesco Plc
182.6
3.31
Anglo American
1375
2
Rio Tinto
3020.5
0.78
Standard Chartered
1129.5
0.04





TOP LOSER

Name
Close Price
Change %
Carnival
2328
-6.69
Enterprise Inns
116.7
-4.03
Intercont Hotels
2244
-3.65
WhitBread
4029
-2.68
Shire
5295
-2.49

Friday, 3 October 2014

U.K. stock pick of the day : Reed Elsevier Plc



RECOMMENDATION Sell
The secondary trend of Intermediate Reed Elsevier Plc is Bullish and from last few trading session it's showing selling pressure and did not manages to sustain at higher level.Stock is facing support from rising trend line , breaching of it can show side movement one can initiates the short position in the stock below the level of 970 with Stop loss of 1000 for the target of 912
CHART FORMATION:-
Stock is consolidating with negative bias breaching of the support level can show the down side movement.
It's managing to trade below 50 DMA and facing support from 200 DMA breaching of the 200 DMA can show further negative movement.


INDICATORS:-
RSI is trading below the level of 50 and consolidating with negative bias.
MACD & Signal line is manages to sustain below zero level line with negative bias.
ADX, Negative DI is sustaining above the positive DI which is indicating weakness in the stock.

FTSE Yesterday's Overview




London's blue chips ended Thursday's session more than 100 points lower, as the European Central Bank (ECB) conference disappointed traders.The FTSE 100 closed 111.13 points below the opening bell, at 6,446.39.index has shown huge selling pressure and manages to trade below 50 DMA & 200 DMA with RSI is also sustain below the level of 50 with negative bias.In upcoming session further down side movement is expected as it has breached the major support level of 6500 now upcoming support level is 6450 breaching of it can test the level 6300 with the support of 6750.

TOP GAINER
Name
Close Price
Change %
Glaxosmithkline
1417.5
0.25
Dly Mail & gen Tst A
756.25
0.17
Tate & Lyle
585.5
0.09







TOP LOSER

Name
Close Price
Change %
Man Group
113.3
-4.9
Sainsbury
224.8
-3.93
Enterprise Inns
117.9
-3.83
Bg Group
1053.5
-3.61
Intercont Hotels
2251
-3.56