ADVFN Morning London Market Report: Tuesday 18 December 2018

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18 Dec 2018 @ 09:44

London open: Stocks fall on weak US and Asian cues London stocks fell in early trade, taking their cue from a selloff on Wall Street that saw the S&P 500 close at a 14-month low amid worries about economic growth. At 0830 GMT, the FTSE 100 was down 0.7% to 6,729.23, while the pound was […]

 

Guardian Stockbrokers Key Economic News Tuesday 18 December 2018

18 Dec 2018 @ 08:25
Guardian Stockbrokers Key Economic News Tuesday 18 December 2018 The key points from today’s economic news, brought to you by Guardian Stockbrokers. Euro-zone CPI fell as expected in November The consumer price index (CPI) in the Euro-zone dropped 0.20% on a monthly basis, in November, meeting market expectations. In the prior month, the CPI had […]
 

Cable Coils Ahead Of FOMC and BOE

18 Dec 2018 @ 08:21
Since its volatile burst through the August low, prices are beginning to coil beneath key resistance. And with GBP/USD caught in the crosshairs of key events this week, we expect volatility to make a comeback. Faraday Research offers real time FX and Equity trade signals from qualified analysts. Click here to try us free.
 

Weekly Trading Forecasts for Major Pairs (December 17 - 21, 2018)

18 Dec 2018 @ 06:20
Here’s the market outlook for the week: EURUSD Dominant bias: Bearish This is a bear market, although the bearishness is not that strong. Price has been going downwards gradually, targeting the support lines at 1.1300, 1.1250 and 1.1200. These targets may be reached soon, but price may not go seriously below them as a strong […]
 

Guardian Stockbrokers Key Economic News Monday 17 December 2018

17 Dec 2018 @ 10:04
The key points from today’s economic news, brought to you by Guardian Stockbrokers. Euro-zone manufacturing PMI surprisingly slid in December The flash manufacturing PMI in the Euro-zone unexpectedly eased to a level of 51.40 in December, compared to a reading of 51.80 in the previous month. Markets were expecting the index to record a steady […]
 

ADVFN Morning London Market Report: Monday 17 December 2018

17 Dec 2018 @ 09:45
London open: Retailers pace the decline after shock profit warning from ASOS London stocks fell in early trade on Monday, with retailers under pressure following a shock profit warning from online giant ASOS. At 0835 GMT, the FTSE 100 was down 0.3% to 6,826.20, while the pound was up 0.1% against the dollar and the […]
 

Connect Group – a dangerous-looking balance sheet

15 Dec 2018 @ 08:00
Connect Group (LSE:CNCT) has not had an attractive-looking balance sheet for many years. It had/has very high levels of intangible assets, especially goodwill, due to paying excessive prices for acquisitions. Even after including those doubtful “assets” in its balance sheet it could barely report a positive net current asset value.  On top of that, it […]
 

Connect Group – the Tuffnells business

14 Dec 2018 @ 12:45
In 2014 the big idea at Connect Group (LDSE:CNCT) was to diversify into parcel delivery and at the same time gain synergy with the early morning News Distribution business by buying Tuffnells for £139m. Here are the performance numbers for Tuffnells under Connect’s ownership – not pretty reading for shareholders who forked out £139m now that […]
 

Guardian Stockbrokers Key Economic News Friday 14 December 2018

14 Dec 2018 @ 12:30
The key points from today’s economic news, brought to you by Guardian Stockbrokers. ECB kept its key interest rate steady The ECB, at its December monetary policy meeting, maintained its key interest rate at 0.00%, at par with market expectations. Furthermore, the central bank formally announced the end of its multi-trillion bond-buying programme by December […]
 

ADVFN Morning London Market Report: Friday 14 December 2018

14 Dec 2018 @ 12:24
London stocks fell in early trade on Friday, taking their cue from a downbeat Asian session following the release of weak Chinese data and after European Union leaders told Theresa May that the Brexit withdrawal agreement was not open for renegotiation. At 0830 GMT, the FTSE 100 was down 0.9% to 6,818.60, while the pound […]
 

MINING, OIL AND GAS

Eurasian Mining shoots skywards

22 Nov 2018 @ 03:04
Eurasian Mining stock (LSE:EUA) has shot skyward, following a recent protracted ranging phase, which essentially became a base. The bullish breakout was so strong that it has generated a clean “buy” signal. The ADX period 14 is above the level 40, meaning that the momentum in the market is heavy. The DM+ is far above […]
 

A downwards trend should continue on Nu-Oil & Gas

23 Oct 2018 @ 17:24
Nu-Oil & Gas shares (LSE:NUOG) are supposed to resume its downwards journey, following the current consolidation. This is another classical example of calm before storm. Price has consolidated so far this year, except in June, when a bearish movement was briefly witnessed. Since September 2018, a form of consolidation to the downside has also been […]
 

Technical Reviews for Gold and Silver (September 2018)

08 Sep 2018 @ 12:27
GOLD (XAUUSD) Dominant Bias: Bearish Gold is a bear market. In August price dipped by over 6000 pips, reaching around the support level of 1160.00 (a support level). From there, price moved upwards by 5000 pips and then moved sideways till the end of the month. All this happened in the context of a downtrend; […]
 

The Realities of Trading (Confidential)

01 Sep 2018 @ 12:37
Do you want to be a successful trader? Then you need to unlock your potential and develop the right habits and routines. Experience shows that people want to keep doing what they are doing, while expecting different results. In trading, that means they carry on trading in a certain way even when it brings poor […]
 

GLOBAL NEWS

Bitcoin (BTC) Long-term Price Analysis – December 16

17 Dec 2018 @ 16:19

BTCUSD Long-term Trend – Bearish   Distribution territories: $5,500, $6,500, $7,500 Accumulation territories: $2,500, $2,000, $1,500   The price of Bitcoin against the US dollar has been pressured down over the past few weeks. The cryptocurrency saw double top shadow Japanese candlesticks between December 9 and 10 at the $3,600 mark, signaling the bulls weren’t […]

 

XRP Price Analysis – December 13

13 Dec 2018 @ 15:30
RPUSD Medium-term Trend: Ranging   • Resistance Levels: $0.56, $0.58, $ 0.60 • Support Levels: $0.30, $0.28, $0.26   The XRPUSD pair has continued to consolidate at the $0.30 price level. There has been no significant price movement in the last 24 hours as the crypto made a bullish movement to the high of $0.31. […]
 

XRP Long-term Price Analysis - December 9

10 Dec 2018 @ 09:48
XRPUSD Long-term Trend – Bearish   • Distribution territories: $0.50, $0.55, $60 • Accumulation territories: $0.20, $0.15, $0.10   XRP has been on a bearish trend, as the crypto started its downward movements last week to hit the $0.35 mark. The crypto’s market price has since kept on declining, hitting a low of $0.30, below […]
 

Bitcoin (BTC) Long-term Price Analysis – December 2

03 Dec 2018 @ 03:57
BTCUSD Long-term Trend – Ranging   Distribution territories: $5,600, $6,600, $7,600 Accumulation territories: $3,000, $2,000, $1,000   The price of Bitcoin against the US dollar has been declining in the last few weeks, going from over $6,400 to little under $4,000 before recovering. Recently, the cryptocurrency’s price made a push past the $4,400 accumulation territory. […]
 
 
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