PLUS1
Azeez Mustapha
Versarien Plc price analysis: The bearish momentum on VRS to continue
Oct 21 2019 @ 06:27
Versarien plc stock (LSE:VRS) is a bear market and the bearish momentum on it is expected to continue. Rallies are ought to be ignored as they can be traps. In the chart, 4 EMAs are used, and they are EMAs 10, 20, 50 and 200. The color that stands for each EMA is shown at […]
Emporium Group (MPM) consolidates ahead of a possible rally
Oct 21 2019 @ 06:17
Emporium Group shares (LSE:MPM) are currently consolidating and that has formed a very strong base, which could make a possible rally occur at any time. Yes, price has shown inability to go further downwards. An upwards momentum is the most probably. The sideways movement has been on since June 2019, and price went further lower […]
Brexit Aftermath: The Market Reaction Of Bitcoin, Gold And Pound Sterling To Headline News In The EURO Zone
Oct 21 2019 @ 06:11
After the UK made it public to exit from the EURO bloc, the market cap for Bitcoin and Gold has increased almost by $133 billion and $1 trillion. Is this the Brexit aftermath? As it is, the end may be near for Brexit. In the recent declaration an accord is reached between the British government […]
Despite Running To The Highest Close In Six Months, GBPUSD May Fail To Reverse
Oct 21 2019 @ 06:03
GBPUSD Price Analysis – October 20 The GBPUSD had closed on Friday above its opening price after recovering from early selling pressure and trending higher for the 4th day consecutively in a row. After failing to reverse from its highs, the FX pair is unstable and due to weekend UK parliament vote on Brexit, with […]
Europa Metals price forecast: Could the current rally on EUZ be false?
Oct 15 2019 @ 06:41
Europa Metals Ltd stock (LSE:EUZ) is currently experiencing a rally in the context of a downtrend. But there is likehood that the rally would not be sustained unless the condition stated below is met. From May to August 2019, price went flat. Then it rallied massively in August – only to start coming downwards in […]
Selling pressure to bring windfalls to bears on Bidstack Group (BIDS)
Oct 15 2019 @ 06:31
Bidstack Group plc shares (LSE:BIDS) have already formed a bearish bias, and that is supposed to balloon into massive selling in the market. Bears can be richly rewarded soon. Price is currently below the EMA 21, and Williams’ % Range period 20 is now heading into the oversold region. There is already a “sell” signal […]
The Economic Proscription of U.S. Farmers by China Maybe Forever
Oct 13 2019 @ 08:34
Similar to a black eye on the face, it’s placing an indelible imprint. The retaliatory levies by China over U.S. commodity producers, such as soybeans, which seem to be forever. The moment such happens for the market it becomes irreversible. It’s a dread numerous farmers from North Dakota to Mississippi have recognized for as far […]
Trade Dispute Responsible for China’s Overwhelming Gold Purchase Rate
Oct 13 2019 @ 08:24
China has included more than 100 tons of gold to its stores since it continued purchasing in December, fortifying its position as one of the significant authority collectors as national banks load up on the valuable metal. The People’s Bank of China grabbed progressively gold a month ago, raising reserves to 62.64 million ounces in […]
GBPJPY Reverses Its Sell-Off Around the Level at 130.75
Oct 13 2019 @ 08:19
In the prior session, the pair closed lower for the second day in a row, but currently, the GBPJPY displays a weakness further downside of the pair while retaining its wider medium-term outlook by temporal reversal on the level at 130.75. Key Levels Resistance Levels: 148.66, 137.80, 135.774 Support Levels: 130.75, 128.68, 126.54 GBPJPY Long […]
USDCHF Breaks Below Its near Term Support Zone on the Level at 0.9926 but Recovers Abruptly
Oct 13 2019 @ 08:11
USDCHF Price Analysis – October 8 The FX pair breaks below the horizontal zone on the level at 0.9926 but reverses again after recovering from its early selling pressure. The USDCHF was able to find buyers again around the level at 0.9908. Key Levels Resistance Levels: 1.0231, 1.0126, 1.0015 Support Levels: 0.9897, 0.9870, 0.9843 USDCHF […]
