Financial Guides

Xtract resources stock (LSE:XTR) is a no-go area for those who invest logically. The price has just been going sideways for the past several month, and that has formed an extremely tight base. Although the ADX period 14 is above the level 80 (strong momentum), while the DM+ is above the DM- (bullish signal), the […]

The EUR/USD gained 290 pips last week, as price closed slightly above the support line at 1.1200. This week, price may target the resistance lines at 1.1250, 1.1300 and 1.1350. Some EUR pairs would trend higher, while some would trend lower this week. However, the EUR/USD is supposed to trend higher. EUR/USD: The EUR/USD gained […]

Here’s the market outlook for the week: EURUSD Dominant bias: Bullish This pair went upwards by 290 pips last week, putting greater emphasis on the recent bullish bias that has formed this month. Price closed slightly above the support line at 1.1200 on Friday. The bullish momentum is currently strong, and the resistance lines at […]

Premier Oil shares (LSE:PMO) may soon experience a severe pullback, based on what is happening in the market at the moment. 4 EMAs are used for this analysis and they are EMAs 10, 20, 50 and 200. The color that stands for each EMA is shown at the top left part of the chart. All […]

WPP PLC stock (LSE:WPP) is a sideways market. Price has been moving sideways since April 2017, oscillating between the upper Trendline and lower Trendline. A breakout is imminent in the market, which may take price out of either of the Trendlines. A movement above the upper Trendline would signal a bearish bias while a movement […]

The Cable consolidated throughout last week in the context of an uptrend. Price tested the accumulation territory at 1.2850, but closed above it. A closer look at the market reveals that the uptrend is getting tired, thereby increasing chances of a large pullback, which could happen this week. A movement below the accumulation territory at […]

Here’s the market outlook for the week: EURUSD Dominant bias: Bullish This pair is bullish in the medium-term, but neutral in the short-term. Price tested the support line at 1.0850, closing above the support line at 1.0900 on Friday. A movement above the resistance line at 1.1000 would strengthen the existing bullish bias, while a […]

When I first went to university the initial week was filled with the usual getting to know the lay of the land such as how the library works (in a surprisingly mysterious way I might add), where various labs where and what the protocol for various subjects was. One of the most striking events was […]

Jubilee Platinum shares (LSE:JLP) is now a bear market. The current weakness started in Mach 2017, following a bullish January and February. In the daily chart, the ADX period 14 is at the level 20, showing that while there is no momentum in the market at the present, it is expected to rise any moment […]

Optibiotcs H. stock (LSE:OPTI) has a “sell” signal on. Price has shown some weakness and further weakness is expected. Price is now below the EMA 21, going further south. The William’ % Range period 20 is already in the oversold region. There is a clear weakness in the market. Therefore, Optobiotix H. would collapse towards […]