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Long-term trading signal for USDCHF (July 2018)
15 Jul 2018 @ 05:32
USDCHF generally ranged from May 2018 until last week, and owing to a sudden surge of stamina in USD, price skyrocketed, reaching the high of 1.0066. The test of that high is significant because the last time price reached that level was May 2017. What happen in May was followed by a protracted bearish movement. […]
Weekly Trading Forecasts for Major Pairs (July 9 - 13, 2018)
07 Jul 2018 @ 14:09
Here’s the market outlook for the week: EURUSD Dominant bias: Bearish The market is bearish in the long-term, and bullish in the short-term. Last week, after testing the support line at 1.1600, price went upwards by 150 pips, to test the resistance line at 1.1750. Price can still go further upwards towards the resistance lines […]
Weekly Trading Forecasts for Major Pairs (June 18 - 22, 2018)
17 Jun 2018 @ 05:48
Here’s the market outlook for the week: EURUSD Dominant bias: Bearish The market began the current strong bearish movement in April. This month (especially from early June), price consolidated till June 14, before the large pullback we are currently witnessing. The large pullback has put more emphasis on the dominant bearish bias; thus price is […]
Daily analysis of major pairs for June 11, 2018
11 Jun 2018 @ 09:07
Daily analysis of USD/CHF for June 11, 2018 USD/CHF This is a weak market, for the USD/CHF has been caught in a slow and gradual bearish movement since May 10 (over 230 pips). It is possible that the market would continue going further downwards (albeit slowly), especially when EURUSD gains a lot of stamina. This […]
Weekly Trading Forecasts for Major Pairs (June 11 - 15, 2018)
10 Jun 2018 @ 08:32
Here’s the market outlook for the week: EURUSD Dominant bias: Bearish This pair is bearish in the long-term, and bullish in a very short-term. Since May 30, price has been making a measure of bullish attempt (save the correction that was witnessed on Friday). A movement above the resistance lines at 1.1850, 1.1900 and 1.1950 […]
Ethereum Price Analysis – April 11
27 May 2018 @ 06:14
ETHUSD Medium-term Trend: Bullish Resistance: $435, $430, $425 Support: $405, $410, $415 The ETHUSD pair had a bearish outlook yesterday. The MACD line and the signal line were below the zero line. From the price action, Ethereum had a bearish view but it commenced a range bound movement. Today, price of Ethereum is in a […]
Weekly Trading Forecasts for Major Pairs (May 14 - 18, 2018)
13 May 2018 @ 04:12
Here’s the market outlook for the week: EURUSD Dominant bias: Bearish This pair trended downwards last week, testing the support line at 1.1850. Several attempts to breach the support line to the downside were not successful, and as such price bounced upwards by 100 pips from the line. The upwards bounce is seen as an […]
Plutus Pwrgen: A strong bull market
11 May 2018 @ 05:31
Plutus Pwrgen stock (LSE:PPG) is a strong bear market. Price has been going southwards in the last several months, and there is still much room for price to go further southwards again. 4 EMAs are used for this analysis and they are EMAs 10, 20, 50 and 200. The color that stands for each EMA […]
Daily analysis of major pairs for May 7, 2018
07 May 2018 @ 05:05
Daily analysis of USD/CHF for May 7, 2018 USD/CHF This pair has normally been going upwards as EURUSD is going downwards. Price has gained over 800 pips since February 16 (it gained 130 pips last week). The great psychological level at 1.000 has eventually been reached and a lot of activity has started around that […]
Daily analysis of major pairs for April 30, 2018
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 […]
