Global News

Trading professional, official analyst, representative at Instaforex Companies Group and freelance author.

Daily analysis of major pairs for May 22, 2017

22 May 2017 @ 06:14
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 […]
 

Weekly Trading Forecasts for Major Pairs (May 22 - 26, 2017)

21 May 2017 @ 03:10
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 […]
 

WPP PLC – a sideways market

19 May 2017 @ 14:31
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 […]
 

Daily analysis of major pairs for May 15, 2017

15 May 2017 @ 04:09
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 […]
 

Weekly Trading Forecasts for Major Pairs (May 15 - 19, 2017)

14 May 2017 @ 00:13
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 […]
 

The Real Trading Success. It’s Not What You Think

12 May 2017 @ 02:28
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 […]
 

Optibiotix Health – Sell

11 May 2017 @ 11:34
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 […]
 

Daily analysis of major pairs for May 8, 2017

08 May 2017 @ 08:09
The USD/JPY went upwards last week, testing the supply level at 113.00. The supply level would be tested again and possibly breached to the upside, as price targets other supply level at 113.50 and 114.00. On the other hand, there is also a possibility of a bearish correction this week or next, which could threaten […]
 

Weekly Trading Forecasts for Major Pairs (May 8 - 12, 2017)

07 May 2017 @ 01:51
Here’s the market outlook for the week: EURUSD Dominant bias: Bullish This pair went sideways from Monday to Wednesday, and then started rising upwards on Thursday, in the context of an uptrend. Price is now very close to the resistance line at 1.1000. This week, it is possible for the market, and other EUR pairs, […]
 

A bullish breakout is imminent on Oxford Biomedica

06 May 2017 @ 11:58
A bullish breakout is imminent on Oxford BiomedicaA bullish breakout is imminent on Oxford Biomedica shares (LSE:OXB). Price went bullish from January to March, 2017, and went choppy in April. Right now, price is attempting to make some bullish effort. The market has oscillated between the upper and lower Trendlines, and it would soon close […]
 
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