01 Dec 2016 @ 12:08
AUS200 Dominant bias: Bullish On November 9, AUS200 dipped massively, reaching a low of 5042.00. Since then price has climbed numerous resistance lines (now support lines) gaining roughly 4500 points. Since the bias on the market is bullish, it is expected that price would continue going upwards till the end of the year. While there […]
30 Nov 2016 @ 00:53
Tethys shares (
LSE:TPL) are not an attractive market at the present. Price has been quite choppy for several months and the best action to take is to stay away from the market right now. Price has swung below the EMA 21 – in a volatile, choppy and unreliable manner. The MACD, default parameters, has its […]
30 Nov 2016 @ 00:45
Pantheon Resources stock (
LSE:PANR) has gapped down in a an equilibrium market. The market went gradually downwards in August and September 2016, and then gapped down recently. Right now, The ADX period 14 is below the level 20, still reflecting the recent equilibrium phase in the market (though the ADX line would rise upwards any […]
28 Nov 2016 @ 00:39
The GBP/USD moved sideways throughout last week, resulting in a neutral bias in the near-term. The neutral bias has been going on for about two weeks, while the dominant bias on higher timeframes is bearish. A break out of the sideways movement is expected this week or next, and would most probably favor bears. EUR/USD: […]
26 Nov 2016 @ 11:31
Here’s the market outlook for the week: EURUSD Dominant bias: Bearish Last week, this pair moved largely sideways in the context of a downtrend. A break out of the sideways movement should happen before the end of this week (or next week), which would most probably favor bears. Although this pair is expected to continue […]
22 Nov 2016 @ 21:53
Westminster stock (
LSE:WSG) has started moving south, following some heavy selling pressure that began this month. Further southwards movement is possible. 4 EMAs are used for this analysis and they are EMAs 10, 20, 50 and 200. The color that stands for each EMA is shown at the top left part of the chart. The […]
22 Nov 2016 @ 21:39
Talktalk shares (
LSE:TALK) have started to decline, and further decline is expected, till the end of this year. Price has been going south gradually since October 2016, with some transitory rally attempts along the way. This month, price broke below the lower Trendline, as the RSI period 14 goes below the level 50. In fact, […]
22 Nov 2016 @ 10:36
Would Thanksgiving Rally Happen This Year? GOLD (XAUUSD) is currently weak, owing to another phase of a southward movement, which started a few months ago. The downtrend has been particularly strong since October. This week would be interesting because of a possibility of a Thanksgiving rally. Would it ever happen this year? Thanksgiving rally has […]
21 Nov 2016 @ 08:43
The USD/CHF managed to climb above the great psychological level at 1.0000 last week, and testing the resistance level at 1.0100. Price may be able to target the resistance level at 1.0200 this week, but any signs of weakness in USD may send the pair plunging below the psychological level at 1.0000. EUR/USD: This pair […]
19 Nov 2016 @ 12:13
Here’s the market outlook for the week: EURUSD Dominant bias: Bearish This pair went downwards last week, going below the resistance lines at 1.0650 and 1.0600. Since November 9, price has come down more than 700 pips, leading to a very strong bearish bias on the market. There is a possibility of further downwards movement, […]