12 Oct 2016 @ 12:07
Tlou Energy shares (
LSE:TLOU) are trending higher and higher. The market is currently undergoing some correction and when that ends, the uptrend would resume. Since the end of July 2016, price has broken above the upper Trendline, as the RSI period 14 went above the level 50. This has long created a “buy” signal in […]
10 Oct 2016 @ 08:21
As it was anticipated, The Cable dropped sharply by 880 pips last week, reaching a low of 1.2031. The market then rally by 420 pips, to close at 1.2434 on Friday. The outlook on the market is bullish this week, which is also true of other GBP pairs. This means further rally is expected, but […]
09 Oct 2016 @ 04:06
Here’s the market outlook for the week: EURUSD Dominant bias: Neutral This pair remains neutral in spite of strong volatility witnessed on other pairs and crosses last week. Price simply went below the support line at 1.1150 and then moved towards the resistance line at 1.1200, closing at 1.1200. The neutral bias would persist for […]
07 Oct 2016 @ 13:16
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06 Oct 2016 @ 11:43
Investors are currently making outstanding profits on Boohoo shares (
LSE:BOO). Price has been trending upwards in most part of 2016, and in the recent months, the uptrend has been so strong. This is a persistent uptrend. Price is above the EMA 21 and the Williams’ % Range period 20 is often around the overbought territory. […]
06 Oct 2016 @ 11:35
Gulf Keystone stock (
LSE:GKP) is currently forming a base. Price is bearish in the long-term and neutral in the short-term, and it is now forming a strong base. Why would price go from here? Price is currently consolidating; being directionless. The ADX period 14 is below the level 30, meaning the momentum in the market […]
04 Oct 2016 @ 17:21
AUS200 Dominant bias: Bullish AUS200 started September on a bearish note, but ended it on a bullish note. From September 1 to 13, the market dipped by 2500 points from. Since then, the market has rallied by 3300 point till date. There are Bullish Confirmation Patterns in the 4-hour and daily charts, which reveal that […]
03 Oct 2016 @ 12:00
GOLD (XAUUSD) Dominant Bias: Bearish Gold is bearish in the short-term, but neutral in the long-term. In the 4-hour chart, price trended downwards last week, to end September 2016 on a bearish note. Further bearish movement is anticipated this month, which would make price reach the support levels at 1298.00 and 1280.00 and 1270.00. This […]
02 Oct 2016 @ 23:24
The EUR/USD has become neutral in the short and long terms. The market did nothing significant last week, save testing the resistance line at 1.1250 and the support line at 1.1150. A rise in momentum would force the market to go above that resistance line or below the support line, which may happen this week. […]
01 Oct 2016 @ 11:43
Here’s the market outlook for the week: EURUSD Dominant bias: Neutral This pair did not do anything significantly last week, save moving briefly above the resistance line at 1.1250 and testing the support line at 1.1150. The bias has become neutral in the short and long terms, and this is supposed to continue until price […]