The GBP has now broken free of the prior high and has converged on the 200 day moving average. The GBP has not traded above the 200 day MA since late January. A close above the 200 day MA followed by ...
Hmm, are those double bottoms I see on EURJPY's daily chart? Why, it looks like that chart pattern could signal that the pair's downtrend is about to end. The pair is hovering around the neckline, pos...
USD/JPY, a 4-hour chart of which is shown, after establishing a solid double-bottom low in the very significant 87.00 support region, went on to breakout well above the equally significant 88.00 price...
El Gallo’s story is continuing to impress the mining community. U.S. Gold (UXG) has invested a lot of capital into drilling El Gallo this year and believe that by 2013 they can be producing ...
( click to enlarge ) Motorola (NYSE:MOT) recently cleared a base and has come back to retest the breakout area. You can see that the recent gains have come on relatively strong volume. Looking at t...
In all financial markets, including the forex market, trading breakouts can often be a tricky ordeal. False or premature breaks are a common occurrence that can frustrate even the most dedicated forex...
Major mining indexes appear to be approaching a major breakout point fueled by the sweeping overhaul and takeover of banks. Banks have been under pressure from a continuing recession, high unemp...
Technically the MKT is "on the fence" with an underlying negative tone. On the SELL side DP and DIR BREAKOUT strategies are valid but may be difficult. Work any position, taking profits on e...
If you can spot valid support, watch for breakouts, and then confirm them on your Forex charts, using volatility and momentum indicators – you then have a system that can make big profits in ...
( click to enlarge ) JDS Uniphase (NASDAQ:JDSU) looks like it wants to breakout of a consolidation range, as the stock closed slightly higher on Wednesday. I’m watching the stock today and I&...