Technical Analysis

At the start of year most traders and investors thought it would be an easy ride. After all the stock market has been climbing relentlessly in the last four years on the back of QE or, as I put it, the Fed’s manipulation program. Four years ago the stock market was in a precarious state […]

It is now suicidal to buy long on Gulf Keystone (LSE:GKP), for the price has been making lower lows and lower highs. It is thus better to trade with the flow of the market instead of trading contrarily to the trend. Speculators are aware of the dangers of mean reversion trading; yet they trade in […]

Phorm Corp (LSE:PHRM) is a highly promising market for profit seekers irrespective of its recent indecision which dragged on for several months. The price has been bottoming for months, reaching an all-time low at the accumulation zone of 2.00. One would see that the ADX period 14 is at the level 50 (meaning a strong […]

The EURJPY is now in a bullish retracement, and there is a supply level at 132.00. EURUSD: Irrespective of the range movement that has been characteristic of this pair so far, the overall bias is still bullish. The EMA 11 is above the EMA 56: the Williams’ % Range is close to the oversold area, […]

The AUD/USD is trying to grab a bullish momentum. The Aussie is trying to break the resistance level at 0.9466. If the pair manages to break that level, it is expected to rise to the level of 0.9664, where is located the 200 day moving average. On the other hand, is likely that AUDUSD will […]

The vivid southward reversal on the cable has resulted in a new bearish bias on the pair. Right now, the accumulation territory at 1.6000 is about to be breached. EURUSD: This pair trended upwards last week, but the current southward reversal in the market is a threat to the bulls’ interest. Should this go further […]

In the face of the general weakness of the greenback, the EURUSD has been able to move upwards this week. EURUSD: In the face of the general weakness of the greenback, the EURUSD has been able to move upwards this week. The price has moved upwards by roughly 140 pips. There is a possibility that […]

The NZD/USD looks to consolidate above the 200 day moving average, so the bullish outlook is kept alive. The kiwi is forming a lower high pattern below the resistance level of 0.8380. If the pair manages to break that level, it is expected to rise to the level of 0.8528. On the other hand, the […]

Mobile Streams shares (LSE:MOS) are hopeless at the present. Looking at the recent historical data, one would see that buy-and-hold investors are suffering in this market. The bulls are heavyhearted and would be advised to smooth their orders before the shares become brutally oversold; just as they were in June 2013. Short trades would reap […]

Physiomics stock (LSE:PYC) broke upwards significantly from its long-term range which had been holding out for many months. Whether this is seen as an irrational spike or a phenomenon that would be sustained, the astute buyers intuit it as a great trading opportunity while some bears wade in their pabulum, as far as the price […]