10 Dec 2017 @ 00:30
Here’s the market outlook for the week: EURUSD Dominant bias: Bearish The market is bearish in the short-term, for price went southwards throughout last week, moving briefly below the support line at 1.1750 and then closing above that support line on Friday. Other support lines at 1.1700 and 1.1650 could be tested this week, provided […]
07 Dec 2017 @ 10:00
Advanced Onco stock (
LSE:AVO) has surprised investors. Price was bullish from July to October 2017, and then started going downwards. Price has now shot upwards this month, and would keep going upwards in spite of a possible retracement along the way. The ADX period 14 is at the level 30, showing that the momentum in […]
07 Dec 2017 @ 09:53
Lionsgold shares (
LSE:LION), which were caught in a tight base for most part of this year, have already started journeying upwards seriously. The market started a serious bullish movement around the end of last month and the beginning of this month. The market is currently experiencing some correction in the context of an uptrend. Price […]
06 Dec 2017 @ 12:39
My sentiment indicator (BTI), has been accurate at forecasting the stock market decline. Sentiment turned bearish at the end of October, the FTSE 100 has been in a downtrend ever since. But sentiment is not a timing indicator, it lags the trend so when the index finds a bottom and turns up, sentiment will still […]
03 Dec 2017 @ 23:28
The persistent bullish effort on GBP/USD has already paid off, and price has gained 460 pips since November 13. There was a slight bearish correction on Friday, after which price would resume its bullish journey, targeting the distribution territories at 1.3500, 1.3550 and 1.3600. EUR/USD: The EUR/USD met a considerable challenge last week –which threatened […]
02 Dec 2017 @ 12:04
Here’s the market outlook for the week: EURUSD Dominant bias: Bullish The bullish bias on EURUSD was challenged last week, as price was pulled towards the support line at 1.1800. However, bulls managed to push price upwards, thus saving the bullish bias. Price is currently close to the resistance line at 1.1900, and it is […]
01 Dec 2017 @ 15:14
GOLD (XAUUSD) Dominant Bias: Bearish Gold is bearish in the short-term, and neutral in the long-term. In the long-term, price consolidated throughout November; but in the short term, the last week of November has been bearish. In the short-term, price has dropped seriously enough to generate a clean bearish bias on the market, and as […]
29 Nov 2017 @ 13:30
Prospex Oil shares (
LSE:PXOG) are currently choppy. The market has been choppy for about 3 months and that is about to send soon… Price has oscillated between the upper and lower Trendlines, with no directional movement. The RSI period 14 is also not at, or around the overbought and oversold territories. Prospex Oil is not […]
29 Nov 2017 @ 13:20
Physiomics PLC stock (
LSE:PYC) has shot upwards massively, just like Bitcoin. This follows the long-term consolidation (base line), which held out for several months. The recent massive, bullish breakout has ended that. 4 EMAs are used for this analysis and they are EMAs 10, 20, 50 and 200. The color that stands for each EMA […]
27 Nov 2017 @ 04:10
The USD/JPY pair is bearish. Price went downwards by 100 pips last week, closing on a bearish note. There is a Bearish Confirmation Pattern in the market, and it is possible that the demand level at 111.00 would be tested again. However, a rally is expected before the end of this week. EUR/USD: This currency […]