Financial Guides

Fitbug Holdings shares (LSE:FITB) have risen from a strange base in a determination to go upwards. The base is called a strange base because it was ongoing for many months (an extremely tight consolidation), while price appears as dots in the chart. However, the current upwards breakout signals the end of the tight consolidation. The […]

Gulf Keystone stock (LSE:GKP) is still bearish in outlook and long trades are not currently recommended. The bearish forces that cause the current weakness are present in the market. The insects that devour vegetables live on vegetables. The price is almost below the EMA 21 and the Williams’ % Range period 20 is not that […]

GOLD (XAUUSD) Dominant Bias: Bullish According to the past historical seasonal trend and cycle, Gold was expected to be bullish around the last Thanksgiving holiday. Instead, Gold price consolidated and later dropped sharply last week – another example of the fact that past event is not indicative of future result. However, this does not mean […]

The ultimate target for USD/JPY is at the supply level of 119.00, and price is now close to that target. With further strength in the market, the supply level can be breached to the upside as the bulls continue to push price up. In that case, the next target could be the supply level at […]

Here’s the market outlook for the week: EURUSD Dominant bias: Bearish This pair showcases a seriously struggle between the bull and the bear, as price remains volatile. The bull is making attempt to push price upwards but now and then, this is being thwarted by the bear. Before it can be said that the bias […]

LEARN FROM THE GENERALS OF THE MARKETS – PART 56 “The most important function that fundamental short sellers bring to the market is that they are real time financial detectives.” Born in 1975, James Chanos is an American professional speculator and funds manager who’s a great bear in the market. He was born in a […]

Optibiotix stock (LSE:OPTI) has gone upwards significantly and it is expected that the substantial gains made by the bulls would be sustained. In this market, short-term pullbacks should be seen as another money making opportunities by the bulls. When speculating on a new bias, what you think is a new bias may simple be a […]

Phorm Corporation shares (LSE:PHRM) is a bear market and it would remain so for some time to come. The recent bullish run peaked in September 2014, after which a bearish bias started. Therefore, the last near-term rally that has happened in this month is a good opportunity to sell short and ride the market downwards. […]

USDJPY = Buy AUDJPY = Buy CADJPY = Buy CHFJPY = Buy EURJPY = Buy GBPJPY = Buy NZDJPY = Buy NB: Every trade could be entered with a stop loss of 100 pips and a take profit of 200 pips. Only 0.5% is risked per trade. With an account balance of $20,000, a position […]

The sudden weakness on the EUR/USD on Friday has resulted in a very strong bearish bias. The pair may be weak for the rest of this month, as the EUR continues to be battered. The price closed below the resistance line at 1.2400, and the next target may be the support line at 1.2350. EUR/USD: […]