22 Jun 2016 @ 16:27
The BTI, a sentiment indicator, turned down on 10 June and is still declining. But on Monday it was up, sentiment is changing from bearish to bullish. When sentiment is bullish odds favour a stock market rally. I expect sentiment to turn bullish in the next few days but sentiment will only be bullish if […]
21 Jun 2016 @ 21:03
Kibo Mining stock (
LSE:KIBO) has been engaged in a choppy phase for several months, though a closer look at the market reveals some form of bullish domination. The price is essentially above the EMA period 50, while the current shallow bearish correction in the market proffers an opportunity to go long when things are on […]
21 Jun 2016 @ 20:52
Photo-me Internationl shares (
LSE:PHTM) currently have a false “buy” signal on them. The condition in the market is not yet ripe for long trades, unless future developments justify it. In the 4-hour chart, the ADX period 14 is not above the level 20, showing a lack of momentum in the market. The DM+ is below […]
20 Jun 2016 @ 10:05
As it was anticipated, the EUR/JPY dropped 460 pips last week, reaching a low of 115.49, and a high of 120.31. The upward attempt that was later seen last week could proffer an opportunity to sell short at better prices, because the market might test the demand zones at 117.00, 116.00 and 115.00. The demand […]
18 Jun 2016 @ 11:06
Here’s the market outlook for the week: EURUSD Dominant bias: Neutral All bearish pulls EURUSD experienced last week were rendered useless by bullish effort. Price did not go above the resistance line at 1.1300 last week; nor did it stay below the support line at 1.1150. The impasse between bulls and bears has enforced the […]
16 Jun 2016 @ 10:00
“What matters is your ability to pick up the flying gobs of money whizzing past your ears in the financial markets money storm.” – Louise Bedford Originally, I planned to post an article titled: “Difficult Markets Produce Fine Results – Part 2.” But I can see that the media are making noises about the coming […]
14 Jun 2016 @ 11:49
Legendary Investments stock (
LSE:LEG) is about to perform better than the bullish run we saw in April 2016. The market has been in a trending mode since February 2016, though last month has been characterized by a bearish correction. 4 EMAs are used for this analysis and they are EMAs 10, 20, 50, and 200. […]
14 Jun 2016 @ 11:35
Nanoco shares (
LSE:NANO) are supposed to experience a stormy decline, following a breakout from the currency base, which is an equilibrium phase. The market has entered an equilibrium phase since February 2016. The more the equilibrium phase holds out, the more the possibility of a stronger breakout. A closer look at the RSI period 14 […]
12 Jun 2016 @ 22:47
The EUR/USD has become neutral in the short-term. May 2016 was mostly bearish, and the bullish breakout that was witnessed on June 3 overturned that bearish bias. However, bulls were unable to push the price further north last week, for the bullish movement was halted at the resistance line of 1.1400, which was followed by […]
11 Jun 2016 @ 22:03
Here’s the market outlook for the week: EURUSD Dominant bias: Neutral For the most part of May 2016, EURUSD was in a downtrend. On June 3, a strong bullish breakout led to a bullish signal, but price was unable to continue moving up continuously in the following week, which was last week. Price simply went […]
Register for real-time alerts, custom portfolio, and market movers
Hot Features
Premium
