Commodities

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 […]

GOLD (XAUUSD) Dominant Bias: Bearish Gold has ended its recent short-term neutrality by dropping 5000 pips in July. In fact, the current dominant bearish bias started on April 11 (following a long period of a boring, choppy market), and price has dropped over 15,000 pips since then, resulting in a Bearish Confirmation Pattern in the […]

Edenville stock (LSE:EDL) has experienced what can best be called a false breakout.. The major bias is bearish, and thus, the current bullish breakout could end up being a temporary rally in the context of a downtrend. Price is above the EMA 11 but it is yet to close above it. Should price close below […]

ETHUSD Medium-term Trend: Bullish Resistance: $435, $430, $425 Support: $405, $410, $415 The ETHUSD pair had a bearish outlook yesterday. The MACD line and the signal line were below the zero line. From the price action, Ethereum had a bearish view but it commenced a range bound movement. Today, price of Ethereum is in a […]

Tlou Energy shares (LSE:TLOU) are a ranging market, which would preferably be called a lone ranger. The sideways movement will continue for some time, and it would eventually result in a serious breakout. Price made a bullish effort in January 2018, dropped precipitously in February, and began to consolidate. The market has been ranging since […]

Petrel Resources stock (LSE:PET) is not an attractive market at all, and investors are advised to stay away until there is a clear directional movement. The market is quite rough and choppy, having zigzagged so far (in the past few months). Price is currently above the EMA 21 (a false signal), and will go below […]

Plutus Pwrgen stock (LSE:PPG) is a strong bear market. Price has been going southwards in the last several months, and there is still much room for price to go further southwards again. 4 EMAs are used for this analysis and they are EMAs 10, 20, 50 and 200. The color that stands for each EMA […]

GOLD (XAUUSD) Dominant Bias: Bearish In the first half of April, Gold made some visible bullish attempt. However, price came downwards noticeably in the second half of that month. Generally the market is very choppy… It has been coming down since last week, and May was started on a bearish note. Since there is a […]

Melrose Industries shares (LSE:MRO) are not a sexy market. In fact, it is an ugly market. After the brief rally of December 2017 and January 2018. Since then, the market has been experiencing short-term upswings and downswings. Moving between the resistance level at 240.00 and the support level at 200.00. The current short-term swings should […]

Frontera Resources Corporation shares (LSE:FRR) have been an unattractive market for several months. Price has been consolidating since November 2017, and that seems to just be the beginning. The ADX period 14 is at the level 20, showing that the momentum in the market is low. The DM+ is not clearly above the DM-, which […]