Technical Analysis

In recent times, the situation on Tethys Petroleum (LSE:TPL) has been bullish. But right now, the stock is in an equilibrium mode. Then what is the next price direction? Would the bear’s threats materialize? Would the bull’s threats materialize? What is it that issues threats in the forest? Let it carry out its threats quickly, […]

EURUSD Primary trend: Bearish The outlook on the EURUSD is bearish. Recently, the market dropped by more than 230 pips from the weekly high of 1.3046. Further bearish plunge is expected, but not without short-term rallies which would invariably proffer good opportunities to sell short in a downtrend. The indicators on the chart confirm this […]

NZDUSD: BUY The condition on the NZDUSD pair is very much favorable to the bulls right now. Until recently, the pair was trending in a downward manner (as shown by the EMA 56). During the recent and protracted bearish run on the market, the price was not able to trend lower than the demand level […]

I have really enjoyed the teasers posted by Tom Winnifrith relating to the perils of not following One Free Share Tip A Day, as they are always worth a look. Now I am on the same trail in the wake of the March 21st technical recommendation on Premium Blog AIM Stocks Charting for May Gurney […]

Cupid shares (LSE:CUP) are weak shares as the fact in this piece reveals. The bear is very happy right now because the market environment is favorable to him. When the cross-eyed bear squints, paradoxically, you know it is in a great ecstasy. On the chart, the ADX period 14 is almost above the level 50, […]

Here is the technical analysis forecast on Emed stock (LSE:EMED), based on the extant circumstances in the market.   Right now, the price has closed below the EMA 21 and is trading below it, while the Williams % Range period 20 has gone into the oversold situation. This means that the selling pressure is currently […]

EURUSD Primary trend: Bearish The dominant bias here is bearish, and this is expected to continue, especially in the face of perpetual weakness in the Euro. There could, however, be some short-term rallies in the price, probably taking the price towards the resistance line of 1.3000. For the bearish trend to be valid, the rally […]

CADJPY: SELL There is a valid indication to go short on the CADJPY market as the analysis below shows. This cross was formerly in a long-term bullish trend (something that started last year). With this bullish trend, it was noted that the bulls are running out of the energy needed to force further bullish run. […]

Two weeks ago stock market expectations were high with no imminent weakness apparent, everyone cheered as the Dow hit the headlines by making a new all-time high. But when exuberance and hype are abundant the irony is that stock markets will often turn down, you see stock market declines can happen when they are least […]

The price on the Royal Bank of Scotland (LSE:RBS) is going downwards and would keep on doing so. Since the price reached its yearly peak in January 2013, it has been coming down. The 4 EMAs used on the chart (the EMAs 10, 20, 50 and 200) confirm the statement above. The EMAs 10, 20 […]