Financial Guides

Sefton Resources shares (LSE:SER) are hopelessly bearish, and they are expected to continue being so. For the past several months, the market has done nothing except to consolidate and trade further south in a slow and steady manner. The ADX period 14 shows a lack a momentum: it is below the level 20. The DM+ […]

Touchstone stock (LSE:TGL) has long become a bears’ paradise. There has been a steep decline in the price; which was punctuated by short-term rallies and further dips. This kind of bias has really benefitted the bears, since they have learned how to make fortunes from this kind of market. A tormentor makes his victims hardy. […]

Here is the current outlook on Gold and Silver. GOLD (XAUUSD) Dominant Bias: Bullish The bias on Gold was recently bearish, but the precious metal has been trying to reject further southward move. The effort to reject further southward move became serious throughout last week when the price found a bottom at the support level […]

The USD/CHF tested the resistance level at 0.8950 last week. It would test that resistance level again this week. EUR/USD: In spite of the adamancy of the EUR, this pair remains a bear market. Yes, the outlook is bearish and the market is expected to continue going lower this week. The support line at 1.3700 […]

Here’s the market outlook for the week: EURUSD Dominant bias: Bearish The pair has remained bearish recently, going downwards slowly and steadily. There is a Bearish Confirmation Pattern in the chart, and with the continuation of the selling pressure, the price would easily test the support line at 1.3650. Should that support line be breached […]

“Given as few as 30 per cent winners, one can earn a fortune in the markets if only one knows how to handle winners and losers.” – Dirk Vandycke Please let me introduce you to some premium signals that would be coming your way occasionally. The JPY Pairs Pullback signals are good and we’ll continue […]

ADVFN shares (LSE:AFN) are bearish: they may go further south until they reach the low at 2.50. Should that low (demand level) succeed in checking further bearish move, the shares may bounce upwards from there. Someone says bull markets are fun. I say bear markets are also fun, aren’t they? In bear market, short-sellers can […]

BP stock (NYSE:BP) has broken out to the upside and would continue going further north. We want to buy when the trend is strong and stay aside when it is not strong. When the trend in the market is unclear, one would want to apply some filter so as to avoid bogus indications, which may […]

“We have discovered that in most cases the systems used by the best are relatively simple, based on a limited number of recurring setups that allow the trader to go with the flow of the market created by the “big players.” – Dr. Dariusz Swierk I was thinking of postposing the announcement of the minors […]

Since last week, the Cable has been bullish, and the target for this week is at the distribution territory at 1.6700. EUR/USD: This remains a bear market in spite of its attempt to rally. The rally is simply a good shorting opportunity; for the price would simply go down to test the support line at […]