Technical Analysis

GoDaddy stock (NYSE:GDDY) is our second top-performing and recommended stock. This market has been extremely volatile in recent times, but it is now trending upwards in a predictable manner. 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 USD/JPY dropped by 260 pips from Monday to Wednesday and then started going upward from Thursday and closing above the demand level at 102.50 on Friday. The bias on the pair, as well as other JPY pairs, is bullish for this week. Thus price could reach the supply levels at 103.50 and 104.00 this […]

Here’s the market outlook for the week: EURUSD Dominant bias: Bullish This pair went upwards last week, testing the resistance line at 1.1300 and then getting corrected downwards. The bullish bias remains valid, though it looks like an unclear thing. Therefore, the pair is expected to trend further higher this week (for EUR would gain […]

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Sentiment turned bearish a few days ago and the stock market is expected to go down as a result but the S&P 500 is resilient. It’s possible a bottom is already in place in the S&P. The US economy is not firing on all cylinders but it is not slowing down either. That is a perfect […]

Gulf Keystone shares (LSE:GKP) are a trap for pig-headed buyers, who would continue to suffer as they hold onto their investment, which is bound to become worthless over time. Only sellers can make something meaningful out of this market. Price is below the EMA 21 and the Williams’ % Range period 20 is in the […]

Be Heard stock (LSE:BHRD) is something that brings joy to buyers. This is a market that has broken out of its base (a tight equilibrium phase) which was in existence for several months. The ADX period 14 is almost above the level 30, while the DM+ is above the DMI-. All these show that the […]

AUS200 Dominant bias: Bearish AUS200 dipped at the beginning of August, and moved sideways till last week, when it went down significantly. The bias has turned bearish, and unless price goes above the resistance line at 5620.0 to effect a new bullish outlook on the market. This month, further dips are expected, which would enable […]

The USD/JPY cross has continued the bullish journey it started on August 26, 2016. Since then, price has gone upwards 400 pips, now around the supply level at 104.00, which was tested last week and could be retested this week. This bias on this pair, as well as other JPY pairs, is bullish. Until there […]

Here’s the market outlook for the week: EURUSD Dominant bias: Bearish EURUSD went bearish last week, closing at 1.1152 on Friday. Bulls made serious effort to push price upwards on Thursday and Friday, but bears came with stronger hands to effect a movement to the downside. There are support lines at 1.1100 and 1.1050, which […]