Technical Analysis

The EUR/USD went down by 220 pips last week, closing below the resistance line at 1.1000. There is a strong Bearish Confirmation Pattern in the 4-hour chart, which means further bearish movement is expected this week, and that could take price towards the support lines at 1.0950 and 1.0000. However, it is unlikely that the […]

Here’s the market outlook for the week: EURUSD Dominant bias: Bearish This pair trended downwards by 220 pips last week – just as it was expected. Price closed below the resistance line at 1.1000, going towards the support line at 1.0950. Bears may eventually target the support line at 1.0900, but they would meet some […]

WHAT YOU NEED TO KNOW ABOUT MASTER TRADERS – PART 19 “However, master traders tend to act differently than most humans. They look inward for direction. They are not afraid of taking risks, even if it means hurting themselves in the end. Throughout history, famous traders, investors and business leaders have had tremendous ups and […]

Easyjet stock (LSE:EZJ) has crashed and the crash has created a long-term downtrend, which is supposed to continue till the end of this year. 4 EMAs are used for the strategy and they are EMAs 10, 20, 50, and 200. The color that stands for each EMA is shown at the top left side of […]

Tlou Energy shares (LSE:TLOU) are trending higher and higher. The market is currently undergoing some correction and when that ends, the uptrend would resume. Since the end of July 2016, price has broken above the upper Trendline, as the RSI period 14 went above the level 50. This has long created a “buy” signal in […]

Here’s the market outlook for the week: EURUSD Dominant bias: Neutral This pair remains neutral in spite of strong volatility witnessed on other pairs and crosses last week. Price simply went below the support line at 1.1150 and then moved towards the resistance line at 1.1200, closing at 1.1200. The neutral bias would persist for […]

An Accurate Friday Strategy for Forex and Binary Options Revolutionize Your Trading Career The purpose of this strategy is to show you how to trade most important fundamental figures that come out on Fridays. The strategy focuses on CAD and USD pairs only. It would only take you a maximum of 15 minutes per week. […]

Investors are currently making outstanding profits on Boohoo shares (LSE:BOO). Price has been trending upwards in most part of 2016, and in the recent months, the uptrend has been so strong. This is a persistent uptrend. Price is above the EMA 21 and the Williams’ % Range period 20 is often around the overbought territory. […]

Gulf Keystone stock (LSE:GKP) is currently forming a base. Price is bearish in the long-term and neutral in the short-term, and it is now forming a strong base. Why would price go from here? Price is currently consolidating; being directionless. The ADX period 14 is below the level 30, meaning the momentum in the market […]

AUS200 Dominant bias: Bullish AUS200 started September on a bearish note, but ended it on a bullish note. From September 1 to 13, the market dipped by 2500 points from. Since then, the market has rallied by 3300 point till date. There are Bullish Confirmation Patterns in the 4-hour and daily charts, which reveal that […]