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Dollar Index rises from a key support level at 91.50 as shown in the chart below. 2017 has been a year for a weaker Dollar Index. Is the situation for the Dollar Index about to change in 2018? We take a look at the charts. Dollar Index longer term Monthly chart: Taking a look at… Read More

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FireEye (FEYE : NASDAQ) the cyber security software maker has had very tough couple of years. Could its fortunes might be changing? We take a look at the longer term weekly chart and the chart pattern formation which has been constructive over the past few weeks from a technical perspective. From the chart, we can… Read More

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Happy New year – Welcome 2017

We would like to extend our warmest wishes and wish every one Happy New Year… Read More

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Next week, is a key week for a nation deciding its fate. Yes, I am referencing to the referendum dubbed as the so called 'Brexit'. The term Brexit refers to the notion that the people of United Kingdom will participate in the referendum being held on the 23 June 2016 to make a decision whether… Read More

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Its been some time since we posted on the blog. To recap, back in March 2016, we posted and called a bottom in the market place and gave potential upside targets. Since then the market has surpassed those levels. The article 'Is the Market rally set to continue' could be read here. Lets review the… Read More

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Forex Update – weekend review – 2 – 3 April 2016 EURUSD has been rising since forming a bullish Gartley pattern formation highlighted in the blue shaded region. Strong support came in at 5 January 2016, which has resulted in this rally of about 700 pips in the last 3 months or so. Now, in… Read More

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S&P 500, Dow Jones Industrial Average, Russell 2000 and the New York Stock Exchange index: For the past few weeks we have been discussing a key pattern formation which took place at key levels and resulted in a double bottom. This key pattern formation took place on several key U.S. equity indices. Most notable of… Read More

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