27 Apr 2016 @ 07:32
Forbidden Technologies stock (
LSE:FBT) has a sell signal on it, which would aid further bearish movement in the market. The current price action does not support long trades. The price is under the EMA 21 and the Williams’ % Range period 20 is in the oversold region. A closer look at the price shows that […]
24 Apr 2016 @ 23:22
As it was forecasted at the beginning of last week, GBP was able to rally against some majors, as witnessed on GBP/CHF, GBP/NZD, EUR/GBP, GBP/JPY, etc. GBP/USD was also able to rally last week, starting from the accumulation territory at 1.4150, and reaching the distribution territory at 1.4450. This is a movement of 300 pips, […]
23 Apr 2016 @ 11:17
Here’s the market outlook for the week: EURUSD Dominant bias: Bearish This pair was bearish last week. Bulls tried to push price upwards. But as a result of severe opposition from bears, price came down on Friday, following the volatility that occurred on Thursday. There is a “sell” signal in the market, and it may […]
22 Apr 2016 @ 05:45
The Draghi’s words favored to a volatile session for EUR/USD, as it has been trading into a sideways structure, but still below the 200 SMA. In a technical view, pair is expected to perform a decline toward the support zone of 1.1238, where a breakout could strength this bearish bias. However, main scenario is calling […]
21 Apr 2016 @ 13:52
“Although I’ve witnessed uncountable demo contests the world over, these are the most impressive results I’ve ever seen, despite the vagaries of the markets.” – Analyst75 Honestly, my plan for this week was to post an article about Alan Howard, a self-made billionaire trader, in our Master Traders series. Nonetheless, I’d to change my mind […]
19 Apr 2016 @ 11:43
Jubilee Platinum stock (
LSE:JLP) is clearly a rough and volatile market, also caught in an equilibrium phase for the past several months. Right now, there seems to be a breakout to the downside. The price has gone below the lower Trendline, as the RSI period 14 is below the level 50. This is a “sell” […]
19 Apr 2016 @ 11:27
UK Oil and Gas shares (
LSE:UKOG) could northward, given the current price action in the market. From December 2015 to January 2016, the market moved sideways. In February, the price trended upwards, only to start coming down from March till now. In the chart, 4 EMAs are used for the analysis, and they are EMAs […]
17 Apr 2016 @ 20:30
The EUR/JPY went sideways throughout last week. The market has been caught in an equilibrium phase but, but there would be a breakout this week. The EUR/JPY cross, which closed below the supply zone at 123.00 on Friday, is expected to trend lower this week, reaching the demand zones at 122.00 and 121.50. EUR/USD: The […]
16 Apr 2016 @ 09:22
Here’s the market outlook for the week: EURUSD Dominant bias: Neutral EURUSD traded lower last week, testing the support line at 1.1250, to close at 1.1282 on Friday. The movement of the price has essentially been sideways since the beginning of April and there is no significant directional journey till now. However, there is a […]
15 Apr 2016 @ 01:55
“In tutoring others, I realized that most of the people attempting to trade had no idea what the markets were about, and no idea of what they were doing.” – Joe Ross Helping People Is Almost Impossible Many people disturb trading pros, begging for help in their trading. They want to learn good trading approaches […]