Financial Guides

BP shares (NYSE:BP) have been very volatile for the past several months. The bullish effort that was made in October 2015 has been rendered useless by the bears. Though the volatility in the market is high, the dominant bias is bearish. 4 EMAs are used for this analysis and they are EMAs 10, 20, 50 […]

Nokia stock (NYSE:NOK) is not an attractive thing at the present. The price consolidated from November 2015 to January 2016 and then gapped down massively at the start of February. Since then, the price has moved sideways. The RSI period 14 remains under the level 50, showing the weakness of the price, which oscillates between […]

USDJPY = Buy AUDJPY = Buy CADJPY = Buy CHFJPY = Buy EURJPY = Buy GBPJPY = Buy NZDJPY = Buy NB: Every trade could be entered with a stop loss of 100 pips and a take profit of 200 pips. Only 0.5% is risked per trade. With an account balance of $20,000, a position […]

Last week, the Cable dropped by 320 pips from Monday to Wednesday, and rose steeply by 450 pips on Wednesday and Thursday; only to consolidate on Friday. The price has been trying to go above the distribution territory at 1.4500, which has been refusing further northward movement. That distribution territory would be broken to the […]

Here’s the market outlook for the week: EURUSD Dominant bias: Bullish From Monday till Wednesday, this pair moved south. Price broke upwards on Wednesday as it rose significantly by 280 pips that day and on Thursday. On Friday, price got corrected lower a bit, closing at 1.1269. However, the outlook on EUR is bearish for […]

WHAT YOU NEED TO KNOW ABOUT MASTER TRADERS – PART 5 “Attach yourself to a trading mentor. The cost will be far less than trying to do it yourself. Swallow your pride and get help. If you cannot afford a mentor, then you have no business trading. Why? Because you are starting out undercapitalised. When […]

NZDUSD = Buy NZDJPY = Buy NZDCAD = Buy NZDCHF = Buy EURNZD = Sell GBPNZD = Sell AUDNZD = Sell NB: Every trade could be entered with a stop loss of 100 pips and a take profit of 200 pips. Only 0.5% is risked per trade. With an account balance of $20,000, a position […]

Chevron stock (NYSE:CVX) has been making commendable bullish effort since the beginning of March 2016, although the market has been quite choppy (moving sideways) for the past several months. In the chart, the ADX period 14 is above the level 20, showing that some momentum may be rising in the market. The DM+ is also […]

AIG shares (NYSE:AIG) have gone bearish since the beginning of the year 2016. This bearish journey is supposed to continue for the rest of this year. The price is currently below the EMA 26, and the Williams’ % Range period 20 is sloping towards the overbought territory, which simply means a rally in the context […]

The EUR/JPY ended up being bullish last week, having formed a Bullish Confirmation Pattern in the chart. The supply level at 127.00 has been tested and it would be tested again, as the bulls are determined to continue pushing the price upwards. The price is supposed to continue moving upwards this week, reaching the supply […]