Investing Advice

GOLD (XAUUSD) Dominant Bias: Bearish Early in September, Gold went upwards to reach a high of 1357.14 on September 8. Since then, Gold has lost at least, 8,200 pips, creating a huge Bearish Confirmation Pattern in the market. Rallies in recent times have been transitory, offering interesting opportunities to sell short at slightly higher prices. […]

The protracted bearish correction that has been witnessed this week, has resulted in a bearish signal on the GBP/USD. Price has gone down by 140 pips, and further downwards movement is expected as price goes towards the accumulation territories at 1.3350, 1.3300 and 1.3250 (which could be reached within the next several days). EUR/USD: This […]

Here’s the market outlook for the week: EURUSD Dominant bias: Bearish The market lost about 200 pips last week, went briefly below the support line at 1.1750 and then went above it, to close above the support line at 1.1800. There is already a Bearish Confirmation Pattern in the market, and further downwards movement is […]

Infinity Eng. stock (LSE:INFT) has recently spiked upwards massively. This follows the recent consolidation in the market, and time will tell whether the breakout would be a beginning of a bullish journey or it will prove to be a false breakout. Currently the Williams’ % Range period 20 is almost into the overbought territory, and […]

Carillion shares (LSE:CLLN) are now a strange market. The strangeness happens after the present protracted tight consolidation. This market moved sideways in the months prior to July 2107, and then gapped down massively, only to start consolidating again. Why is this strange market? The ADX period 14 is not below the level 50, and the […]

“If there were a cornerstone to trading it would be the ability not only to be resilient when in drawdown but also to accept that we get things wrong. Sometimes there is a flaw in our methodology that we have not seen and that we simply have been lucky up until this point. This does […]

The EUR/JPY went upwards last week, before being corrected on Friday. The correction could unfold further, but it may not be significant enough to threaten the extant bullish outlook on the market, which means the bearish correction would end up giving opportunities to buy long at better prices. EUR/USD: This pair went upwards on September […]

Here’s the market outlook for the week: EURUSD Dominant bias: Neutral On September 18 and 19, this pair made a faint bullish attempt, only to come down on September 20 (and then went upwards on September 21 and 22). Since there is no conspicuous victory between bull and bear, the market remains in a neutral […]

Purplebricks Group shares (LSE:PURP) may remain strong in spite of the current pullback it is experiencing in the context of an uptrend. In the last several months, price has been in an uptrend. 4 EMAs are used for this analysis and they are EMAs 10, 20, 50 and 200. The color that stands for each […]

Insterserve stock (LSE:IRV) has gapped downwards seriously and further downwards movement is expected. Strong volatility will follow the gap-down. Before the gap-down, price was a kind of consolidating. In August, price moved below the lower Trendline, eventually gapping downwards in September. The RSI period 14 is now in the oversold region. There could be some […]