19 Jun 2017 @ 05:11
The GBP/USD is a volatile market, and price did not a make a significant directional bias last week. This has forced the market to enter a neutral bias in the short-term. There would be an end to the neutral bias when the accumulation territory at 1.2600 is breached to the downside, or the distribution territory […]
18 Jun 2017 @ 09:25
Here’s the market outlook for the week: EURUSD Dominant bias: Bullish The market largely consolidated last week – in the context of an uptrend. A movement below the support line at 1.1100 could trigger a bearish signal, and that exactly is what is expected this week, for the outlook on EURUSD (and some EUR pairs) […]
16 Jun 2017 @ 04:28
A bullish movement has begun on Angle PLC stock (
LSE:AGL). In the past several months, price has moved in what can be called a tight consolidation, prior to the breakout that is being currently experienced. The breakout happened this month and this seems to be the beginning of a protracted bullish move. Price is now […]
16 Jun 2017 @ 04:22
Nu-Oil and Gas shares (
LSE:NUOG) are a strange market. Price has been quite choppy this year, with most candlesticks having long upper and lower shadows. 4 EMAs are used for this strategy and they are EMAs 10, 20, 50 and 200. The color that stands for each EMA is shown at the top left […]
13 Jun 2017 @ 11:44
You don’t need a blunt to get a high…Here is some of our favorite quality, high dividend stocks to trade (in no particular order): BP Dividend yield: 6.5% The British multinational famously rebranded itself as “Beyond Petroleum” in 2000 but, in reality, is still getting most of its profits from oil and gas. BP is […]
12 Jun 2017 @ 05:09
As it was anticipated, GBP pairs underwent major pullbacks on June 9, while The EURGBP shot skywards. That was what put an end to the short-term neutrality on the GBP/USD, which lost 300 pips initially. The outlook on GBP pairs remains bearish for this week, and further southwards movement is expected as the accumulation territories […]
11 Jun 2017 @ 08:57
Here’s the market outlook for the week: EURUSD Dominant bias: Bullish Although the bias on this pair is bullish, bulls are getting tired of pushing price upwards. Price consolidated last week, moving between the resistance line at 1.1200 and the resistance line at 1.1300, before it closed below the resistance line at 1.1200 on Friday. […]
08 Jun 2017 @ 08:39
BMR stock (
LSE:BMR) is a bearish, losing market and this is what could continue. The market was bullish until February 2017, when things started coming down. The current bearish movement has been in place for more than 3 months, and this just seems to be the beginning. The EMA 21 is sloping downwards as price […]
06 Jun 2017 @ 23:39
AUS200 Dominant bias: Bearish On this market, a bearish signal was generated last month, when the market lost over 23,000 points. This has resulted in a Bearish Confirmation Pattern, as this month was also opened on a strong bearish note. The market has lost more than 10,000 points this month, and this is just the […]
06 Jun 2017 @ 11:43
Six Arab countries have severed all ties with the oil-rich state of Qatar. Saudi Arabia, Bahrain, the UAE, Libya, Egypt, and Yemen summoned their diplomats, shut down their borders, closed their airspaces, and barred further economic relations. All this comes as a retaliation to Qatar’s suggested financial backing of various Sunni extremist groups, the most […]