26 Mar 2018 @ 04:50
Daily analysis of USD/CHF for March 26, 2018 USD/CHF The USD/CHF may assume a directional movement this week. In the short-term, this pair is bullish. Since the support level at 0.9200 was tested in February 16, 2018, price has rallied by over 350 pips, moving briefly above the resistance level at 0.9550. The market has […]
24 Mar 2018 @ 20:23
Here’s the market outlook for the week: EURUSD Dominant bias: Neutral This pair has consolidated so far this month. Price has been ranging between the support line at 1.2250 and the resistance line at 1.2450. This week may see an end to the neutrality of the market, as price would either move above the resistance […]
23 Mar 2018 @ 11:28
Premier African stock (
LSE:PREM) consolidated from October to December 2017, and then dropped sharply in early this year. Price has also been consolidating since then in a tight range. What is now present in the chart is a base, from which price would rise or fall. Now looking at the chart, the market has gone […]
23 Mar 2018 @ 11:18
Until recently, Oxford Biomedica shares (
LSE:OXB) were going upwards, from the beginning of January to March, 2018. Before then, the market was ranging. In the short-term, things are bearish. The ADX period 14 is at the level 30, suggesting a considerable amount of momentum in the market. The DM- is above the DM+ (bulls’ hegemony). […]
19 Mar 2018 @ 16:52
A TRUE LIFE STORY OF A VETERAN TRADER We were in a midst of a popular monthly traders’ forum when an elderly man on a wheelchair was helped into the hall. The moderator asked us to stand up for the man, whom he called “a soldier on the battlefield of the financial markets.” As the […]
18 Mar 2018 @ 00:59
Here’s the market outlook for the week: EURUSD Dominant bias: Neutral The market is generally, neutral. It initially made bullish effort last week, reaching the resistance line at 1.2400, and then retraced towards the south. Price is now below the resistance line at 1.2300, going towards the support lines at 1.2250 and 1.2200. Any rallies […]
13 Mar 2018 @ 16:13
Chevron Corp. shares (
NYSE:CVX) moved northwards from October 2017, reaching a new peak in January 2018, and then plummeted within the same month. Price has gone far below the lower Trendline as bears hold sway. The market is now very rough and choppy, but the bearish movement is expected to continue, following the current weak […]
13 Mar 2018 @ 14:36
BP Plc. stock (
NYSE:BP) was a massive bull market from October 2017 to January 2018. However, the market experienced a large pullback in February and began to move downwards. There was a massive drop in early February, and market has been volatile since then, as it moves sideways in the context of a downtrend. 4 […]
12 Mar 2018 @ 05:04
Daily analysis of USD/CHF for March 12, 2018 USD/CHF There was a commendable bullish effort in this market. The USD/CHF is bullish in the near-term. However, it is neutral in the medium-term and bearish in the long-term. Now, in the short-term, price moved sideways from Monday to Wednesday and then rose on Thursday, becoming bullish. […]
11 Mar 2018 @ 00:02
Here’s the market outlook for the week: EURUSD Dominant bias: Neutral The market did not do anything significant last week. In fact, the market has generally been choppy since February 2018. There is a support line at 1.2150 and a resistance line at 1.2450. As long as price moves within the aforementioned support and […]