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There is a bullish signal on UK Oil and Gas, just like EURJPY

29 Jun 2017 @ 12:51
UK Oil and Gas shares (LSE:UKOG) have gone northwards seriously (just as some currency pairs like EURUSD, EURJPY, GBPUSD, and GBPJPY, etc. have done). This has created a bullish outlook on the market and that is something which is expected to continue.   4 EMAs are used for this analysis and they are EMAs 10, […]
 

Daily analysis of major pairs for June 26, 2017

26 Jun 2017 @ 12:45
The EUR/JPY cross has been able to maintain the bullish bias it started on June 15. Price tested the demand zone at 123.50, and then was able to go above the demand zone at 124.50. This has revealed a bullish intent, and price could go further upwards. However, the upwards movement may not be so […]
 

Weekly Trading Forecasts for Major Pairs (June 26 - 30, 2017)

26 Jun 2017 @ 02:01
Here’s the market outlook for the week: EURUSD Dominant bias: Neutral This market did nothing significant last week, save the movement between the resistance line at 1.1250 and the support line at 1.1100. The market has essentially become neutral, and that bias would hold out until the aforementioned resistance line is breached to the upside […]
 

Forbidden Technologies to continue its weakness

22 Jun 2017 @ 12:58
Forbidden Technologies shares (LSE:FBT) are to continue the weakness apparent in the market. Price has been coming down since January 2107 and that has created a valid bearish outlook on the market. Price remains under than EMA 21 and in spite of the current consolidation, it is supposed to go further south, continuing the current […]
 

Amur Minerals could soon break out northwards

22 Jun 2017 @ 12:50
Amur Minerals stock (LSE:AMC) is currently flat, forming a tight base that has been seen since April this year. The market trended downwards in February and March, prior to the current flat movement. The ADX period 14 is between the levels 20 and 30, while showing that there could be some considerable momentum in the […]
 

Daily analysis of major pairs for June 19, 2017

19 Jun 2017 @ 04:11
The GBP/USD is a volatile market, and price did not a make a significant directional bias last week. This has forced the market to enter a neutral bias in the short-term. There would be an end to the neutral bias when the accumulation territory at 1.2600 is breached to the downside, or the distribution territory […]
 

Weekly Trading Forecasts for Major Pairs (June 19 - 23, 2017)

18 Jun 2017 @ 08:25
Here’s the market outlook for the week: EURUSD Dominant bias: Bullish The market largely consolidated last week – in the context of an uptrend. A movement below the support line at 1.1100 could trigger a bearish signal, and that exactly is what is expected this week, for the outlook on EURUSD (and some EUR pairs) […]
 

A bullish journey begins on Angle PLC

16 Jun 2017 @ 03:28
A bullish movement has begun on Angle PLC stock (LSE:AGL). In the past several months, price has moved in what can be called a tight consolidation, prior to the breakout that is being currently experienced. The breakout happened this month and this seems to be the beginning of a protracted bullish move. Price is now […]
 

Nu-Oil & Gas: A Strangely Looking Market

16 Jun 2017 @ 03:22
Nu-Oil and Gas shares (LSE:NUOG) are a strange market. Price has been quite choppy this year, with most candlesticks having long upper and lower shadows.   4 EMAs are used for this strategy and they are EMAs 10, 20, 50 and 200. The color that stands for each EMA is shown at the top left […]
 

Daily analysis of major pairs for June 12, 2017

12 Jun 2017 @ 04:09
As it was anticipated, GBP pairs underwent major pullbacks on June 9, while The EURGBP shot skywards. That was what put an end to the short-term neutrality on the GBP/USD, which lost 300 pips initially. The outlook on GBP pairs remains bearish for this week, and further southwards movement is expected as the accumulation territories […]
 
 
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