05 May 2018 @ 14:47
Here’s the market outlook for the week: EURUSD Dominant bias: Bearish EURUSD went downwards by 170 pips last week. It has gone downwards by 430 pips since April 19. There is a Bearish Confirmation Pattern in the market and it is supposed to continue going lower and lower, reaching the support lines at 1.1900, 1.1850 […]
05 May 2018 @ 03:47
Gulf Keystone stock (
LSE:GKP) has become a really bullish market. Price has been going upwards since 2017, and this is just the beginning. The ADX period 14 is at the level 50, showing a strong momentum in the market. The DM+ is above the DM-, meaning that bulls are reigning. The MACD default parameters, has […]
05 May 2018 @ 03:18
Trinity Mirror shares (
LSE:TNI) are choppy but somewhat bullish. The bullish trend is not strong, but it is noticeable; and a stronger directional movement would soon materialize. Price is above the EMA 21, and it would soon be very far above it, as soon as volatility returns to the market (which would most probably favor […]
03 May 2018 @ 14:40
GOLD (XAUUSD) Dominant Bias: Bearish In the first half of April, Gold made some visible bullish attempt. However, price came downwards noticeably in the second half of that month. Generally the market is very choppy… It has been coming down since last week, and May was started on a bearish note. Since there is a […]
03 May 2018 @ 07:54
ETHUSD Medium-term Trend: Bullish Resistance: $760, $750, $740 Support: $690, $700, $710 The ETHUSD pair was in a ranging market yesterday. Price of the asset was ranging from the resistance level at $700 to the support level at $650. The MACD line and the signal line are below the zero line. Today, the ETHUSD […]
30 Apr 2018 @ 05:07
Daily analysis of USD/CHF for April 30, 2018 USD/CHF This pair went upwards last week (gaining 150 pips). Over 300 pips have gained in the last two weeks, and this is just the beginning, because the northwards journey would continue as a result of the stamina in USD. The resistance level at 0.9900 has been […]
30 Apr 2018 @ 00:29
BTCUSD Long-term Trend – Bearish Distribution territories: $11,000.00, $12,000.00, $13,000.00. Accumulation territories: $7,000.00, $6,000.00, $5,000.00. BTCUSD, like many other digital assets across the globe, witnessed a volatile price decline on April 25. The BTC market prices are averaging a bit above the distribution territory of $9,000.00 right now, after tumbling below the accumulation...
28 Apr 2018 @ 15:41
Here’s the market outlook for the week: EURUSD Dominant bias: Bearish This pair experienced a strong bearish movement last week, dropping 230 pips, and nearly reaching the support line at 1.2050. However, price closed above the support line at 1.2100, and that might be a good opportunity to sell short at a better price, for […]
26 Apr 2018 @ 13:07
Booohoo.com stock (
LSE:BOO) started going southwards in early 2018, and the southwards movement was maintained until recently, when price bounced seriously upwards. The upwards bounce took price above the lower Trendline, but it may go below it again. The RSI period 14 is in the overbought region. Should price go above the upper Trendline, the […]
26 Apr 2018 @ 12:56
Melrose Industries shares (
LSE:MRO) are not a sexy market. In fact, it is an ugly market. After the brief rally of December 2017 and January 2018. Since then, the market has been experiencing short-term upswings and downswings. Moving between the resistance level at 240.00 and the support level at 200.00. The current short-term swings should […]