Investing Advice

Google stock (NASDAQ:GOOG) is a bullish market. Price consolidated in April to September 2017, and the assumed a bullish journey. The ADX period 14 is almost at the level 40, signifying a strong momentum. The DM+ is above the DM-, meaning that bulls reign. The MACD, default parameters, has its signal lines and histogram above […]

The EUR/JPY went upwards to test the supply zone at 136.50. Since December 15, 2017, price has gained over 400 pips; plus it would be somewhat difficult for a lasting bearish movement to occur in the market, as long EUR has some stamina. Bulls may be able to push price towards the supply zones of […]

Here’s the market outlook for the week: EURUSD Dominant bias: Bullish The market essentially consolidated throughout last week – in the context of an uptrend. Although price did not go seriously upwards or downwards last week, that stance is going to change this week (for price would assume a directional movement). It is much more […]

Facebook shares (NASDAQ:FB) have been able to maintain their bullishness so far, in spite of occasional bearish corrections, which are temporary in some cases. The overall bias is bullish, and recently, the New Year has started on a bullish note, which promises further bullish movement in the year 2018. The RSI period 14 is above […]

Gulf Keystone stock (LSE:GKP) has assumed a bullish movement, which may translate into something spectacular this year. 4 EMAs are used for this analysis and they are EMAs 10, 20, 50 and 200. The color that stands for each EMA is shown at the top left part of the chart. The EMAs 10, 20 and […]

GOLD (XAUUSD) Dominant Bias: Bullish Gold dropped massively in the first half of last month, reaching a low of 1236.21 on December 12, 2017. At that juncture, further bearish movement was rejected, as price went upwards by 7000 pips, ending the month on a strong bullish note. There is a Bullish Confirmation Pattern in the […]

The USD/JPY went sideways during last Monday and Tuesday, and then began to drop on Wednesday, until the market closed on Friday. There is a Bearish Confirmation Pattern in the 4-hour chart (though the outlook on the market is neutral), which would become strong as price moves further southwards this week. EUR/USD: The EUR/USD rose […]

Here’s the market outlook for the week: EURUSD Dominant bias: Bullish There is a Bullish Confirmation Pattern on the market. Price went upwards by 170 pips last week, almost managing to close barely above the support line at 1.2000. While there could be further bullish effort this week, it is not may not take price […]

Microsaic shares (LSE:MSYS) could now be rated a “buy” as a result of the recent great bullish breakout, which should continue for several months.   The market consolidated to the downside between July and October 2017, and then went flat from October until December, when it had a major breakout, going northwards wildly. Price has […]

Legendary Investments stock (LSE:LEG) seems to have come out of rough waters (choppy, unpredictable market conditions), as it assumes a bullish bias. The ADX period 14 is rising above the level 20, meaning that the momentum may be rising. The DM+ is above the DM-, showing the bullish strength. The MACD default parameters, has its […]