02 Feb 2017 @ 09:56
Royal Bank of Scotland stock (
LSE:RBS) is a bull market, though quite volatile. In spite of the volatility, price is expected to go further upwards from here. 4 EMAs are used for the analysis and they are EMAs 10, 20, 50, and 200. The color that stands for each EMA is shown at the top […]
02 Feb 2017 @ 09:38
Google shares (
NASDAQ:GOOG) are in uptrend, and the current pullback is just another opportunity to buy long when price is on sale, and in the context of an uptrend. Price has pulled back into the middle of the upper and lower Trendlines, and it is expected to go upwards from here. The RSI period 14 […]
01 Feb 2017 @ 07:48
Super Trading Strategies – Tapping the Hidden Treasure in the Markets “So much to know, so much to earn So much wisdom to seek and learn If we raise our hands, we’ll touch the sky Our beds are low, our dreams are high…” – Niyi Osundare I was born into a poor family of many […]
30 Jan 2017 @ 02:44
There is a bullish signal on the EUR/JPY. Last week, price moved upwards by 210 pips, from the low of January 23. Price has closed above the demand zone at 123.00, and it may now target the supply zones at 123.50, 124.00 and 124.50. EUR/USD: The EUR/USD is in a bullish mode, but price merely […]
29 Jan 2017 @ 07:35
Here’s the market outlook for the week: EURUSD Dominant bias: Bullish This pair went flat from Monday to Wednesday, not being able to stay above the resistance line at 1.0750. Price then declined a bit, in the context of an uptrend. Price has been going upward gradually since the beginning of this year, and this […]
27 Jan 2017 @ 12:49
Gulf Keystone shares (
LSE:GKP) have formed a strong base. The outlook is bearish in the long-term and neutral in the short-term. The current base started in September 2016, and it has held out till now. The position of the ADX period 14, its DM+ and DM-, points to a trendless market. The position of the […]
27 Jan 2017 @ 12:43
Facebook stock (
NASDAQ:FB) is in an uptrend. The market rallied last year, till the end of October, and pulled back. The uptrend has resumed since the beginning of this year and it is very strong. Price is currently above the EMA 21, while the Williams’ % Ranger period 20 is in the overbought region. The […]
23 Jan 2017 @ 01:58
The EUR/USD was able to maintain its bullishness last week. There is a Bullish Confirmation Pattern in the 4-hour chart, and price is currently testing the resistance line at 1.0700. The resistance line would be broken to the upside this week as price targets another resistance lines at 1.0750 and 1.0800. EUR/USD: The EUR/USD was […]
22 Jan 2017 @ 08:14
Here’s the market outlook for the week: EURUSD Dominant bias: Bullish EURUSD moved upwards by about 100 pips last week, now testing the resistance line at 1.0700. The upwards movement last week was not strong, but it was noticeable enough to show that the recent bullishness in the market remains a valid thing. This week, […]
12 Jan 2017 @ 15:17
In general I don’t produce long term forecasts (FTSE 100), there are so many events that can happen in a year, the forecast is likely to be off the mark. I am a short term trader focussing on the next few days / few weeks. However, this year we are approaching the end of an […]