28 Oct 2018 @ 11:10
Here’s the market outlook for the week: EURUSD Dominant bias: Bearish EURUSD is in a bearish trend – which started about 2 weeks ago. Price went downwards by roughly 160 pips last week, having gone down by 250 pips since October 15. Further bearish movement is anticipated, that would move price towards the support lines […]
26 Oct 2018 @ 16:59
THESE 4 TRAITS WILL MAKE TRADERS SUCCESSFUL If you have a passion for trading, Dr. Brett Steenbarger has some choice words for you: you’re not going to make it. Instead, traders need to be passionate about markets. It may sound like a minor distinction, but it’s not. In decades of working with billionaire hedge fund […]
25 Oct 2018 @ 14:05
Ethereum Price Medium-term Trend: Ranging Supply zones: $400, $450, $500 Demand zones: $150, $100, $50 ETH continues in the range in its medium-term outlook. The bulls’ continued dominance within the range ended when ETHUSD was at $208.00 in the supply area with a wick at the candle which was a sign of exhaustion. […]
23 Oct 2018 @ 18:24
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 […]
23 Oct 2018 @ 18:02
Hundreds of points will be shed. Debenhams stock (
LSE:DEB) is a bear market. The stock has been trending southwards since May 2018, and that is a propensity that is supposed to continue. There is a kind of ranging activity in the market right now, but that is supposed to end soon as the southwards movement […]
22 Oct 2018 @ 04:05
GOLD (XAUUSD) Dominant Bias: Bearish Gold is bearish in the long-term, but bullish in the short-term. Price skyrocket on October 11, thus bringing about a bullish signal in the short-term. In the long-term, Gold would need to continue making its bullish effort before the long-term bias can become bullish as well (provided the market continues […]
22 Oct 2018 @ 03:29
BTCUSD Long-term Trend – Bearish Distribution territories: $8,000, $9,000, $10,000. Accumulation territories: $5,500, $5,000, $4,500 A short bullish candlestick market the BTCUSD trading pair in the first day of this week. Then, on October 15, the cryptocurrency saw its price appreciate against the US dollar as it surged to a high […]
18 Oct 2018 @ 12:50
Ethereum Price Medium-term Trend: Ranging Supply zones: $400, $450, $500 Demand zones: $150, $100, $50 ETH remains in the range in its medium-term outlook. The bears’ pressure within the range was briefly strong as ETHUSD was down to $209.66 in the demand area after the formation of the bearish engulfing candle at […]
15 Oct 2018 @ 03:32
BTCUSD Long-term Trend – Bearish Distribution territories: $7,000, $8,000, $9,000. Accumulation territories: $5,500, $5,000, $4,500 Bitcoin’s price has been dropping within its current range against the US dollar this week. Before its major decline, the cryptocurrency had two notably short Japanese bullish candlesticks on September 21 and 27, in the $6,800 and $6,400...
11 Oct 2018 @ 11:30
Ethereum Price Medium-term Trend: Bearish Supply zones: $400, $450, $500 Demand zones: $150, $100, $50 ETH is in a bearish trend in its medium-term outlook. The minor bullish pullback to $227.84 in the supply area was short-lived as the day ended on a bearish doji. The 4-hour opening candle at 226.70 was a large […]