Financial Guides

GOLD (XAUUSD) Dominant Bias: Bearish Gold has been trending downwards for several weeks, with intermittent rallies along the way. The intermittent rallies were sometimes strong enough to threaten the existing bearish bias in the short term. On October 2, 2015, price spiked upwards seriously, threatening the existing bearish bias again; but the bias would not […]

Here’s the market outlook for the week: EURUSD Dominant bias: Bearish EURUSD was volatile for most past of last week, and there is not yet a strong directional movement, though the bias is bearish. Even the bullish breakout that was performed on Friday could prove to be a false breakout unless the resistance lines at […]

“You can’t congratulate yourself on your wins. Just like you can’t despair over your losses. Success is not one event. Too many one-hit wonders realized this too late.” – James Altucher This article was written with traders who control their risk and follow sound trading plans in mind. Controlling one’s risk and following sound trading […]

Mosman Oil and Gas shares (LSE:MSMN) are an excellent “buy” as a result of the present conditions in the market. The price moved south slowly and gradually in early part of this year and consolidated within the months of July and August 2015. The price broke upwards in September, moving seriously upwards. The price went […]

Xtra Resources stock (LSE:XTR) is currently a good example of a market that can bring losses to buyer and sellers because of the current equilibrium conditions on it. This is essentially a quiet market which may fool some players. Some may feel that a quiet market is less risky than a noisy one – this […]

The Cable fell 400 pips last week, testing the accumulation territory at 1.5150. There is a clean Bearish Confirmation Pattern in the market and the price could still continue its downwards journey by at least, 200 pips this week. The accumulation territories at 1.5100 and 1.5000 are potential targets for the bears. EUR/USD: This is […]

Here’s the market outlook for the week: EURUSD Dominant bias: Bearish This pair fell 200 pips last week, almost touching the support line at 1.1100. Afterwards, price bounced upwards by 180 pips and then got corrected lower. The price action in the market reveals that bulls are still making noticeable effort to push the price […]

W Resources stock (LSE:WRES) has been performing wonderfully, bringing smiles to buyers’ faces. Before the current strong bullish movement, the stock was in a base for several months. The stock broke strongly upwards in August 2015, sprinting northwards until now. The ADX period 14 is above the level 60, denoting a very strong momentum in […]

Penna Consulting shares (LSE:PNA) are making strong gains. There is serious buying pressure in the market, which is supposed to continue fueling the bullish momentum that is being seen right now. A brand-new movement like this proffers a clean way to make money with lower risk, with a higher hit rate. The price has been […]

Volkswagen has admitted that a “defeat device” was used in for diesel vehicle emissions testing in the US.  As a result the US authorities have ordered the recall of nearly half a million vehicles.  The group has set aside €6.5bn to handle the repercussions and our rating is hold. Corporate malfeasance is difficult to predict […]