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 […]
26 Nov 2017 @ 04:49
Here’s the market outlook for the week: EURUSD Dominant bias: Bullish This pair went upwards last week, after moving sideways on Monday and Tuesday. Price gained 210 pips, closing above the support line at 1.1900 and targeting the resistance line at 1.1950. Then another resistance level at 2.0000 (a psychological line) would be reached and […]
23 Nov 2017 @ 03:39
Pantheon Resources shares (
LSE:PANR) are quite choppy and they may go bearish again, as the analysis below reveals. The market is currently going through the EMA 21 (moving below it). It may eventually close below the EMA 21. The Williams’ % Range period 20 is sloping downwards and it may soon go into the oversold […]
23 Nov 2017 @ 03:25
Serica Energy stock (
LSE:SQZ) can still go upwards again, following the current slight bearish correction in the context of a bullish bias. The ADX period 14 is not above the level 20, meaning that the momentum in the market is not great. The DM+ is not also conspicuously above the DM- (another result of the […]
19 Nov 2017 @ 22:44
The USD/JPY became clearly bearish last week, with further bearish movement on Friday. This has resulted in a Bearish Confirmation Pattern in the market, and the demand level at 111.50 could be tested. However, there would be a rally before the end of this week, which may threaten the bearish bias. EUR/USD: This pair went […]
18 Nov 2017 @ 21:15
Here’s the market outlook for the week: EURUSD Dominant bias: Bullish A bullish signal was generated on this pair last week, as the market gained 200 pips, to test the resistance line at 1.1850. After that, price began to experience some bearish correction, which made it close below the resistance line at 1.1800 on Friday. […]
16 Nov 2017 @ 15:01
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