Sep 14 2017 @ 07:36
Plexus Holdings shares (
LSE:POS) are an ugly market, and it is better to stay away from it until there is a clear directional signal. The market trended downwards until March 2017, and since then, it has been caught in a very frustrating equilibrium phase, which has continued until now. The EMA 21 has become flat […]
Sep 11 2017 @ 05:39
Here’s the market outlook for the week: EURUSD Dominant bias: Bullish The pair went upwards last week, gaining about 200 pips. Price moved briefly above the resistance line at 1.2050, and then closed below it on Friday. There is a strong bullish outlook on EUR pairs this week, and therefore, the pair is supposed to […]
Sep 08 2017 @ 18:48
IQE stock (
LSE:IQE) has been going upwards in a perpetual bullish movement, creating opportunities to buy long on dips. The movement this year has been mostly bullish – with price going northwards in most cases. A few months ago, price even went above the upper Trendline, going further northwards. Around the same time, the RSI […]
Sep 08 2017 @ 18:40
Many selling opportunities have emerged on BNN Technology shares (
LSE:BNN). The market has been trending southwards for the past several months and that is a trend that is supposed to continue. 4 EMAs are used for this strategy and they are EMAs 10, 20, 50 and 200. The color that stands for each EMA […]
Sep 05 2017 @ 23:17
AUS200 Dominant bias: Neutral In the last few months, AUS200 has been in a neutral phase. The market is quite choppy, rough and unattractive, oscillating upwards and downwards with no directional movement. The choppiness and neutrality of the market is expected to continue for most part of September, as price fails to reach a serious […]
Sep 04 2017 @ 04:59
The EUR/JPY is bullish. Price went upwards last week, to test the supply zone at 131.50, before it got corrected by 70 pips, to close below the supply zone at 131.00 on Friday. The movement of the market this week would be determined by whatever happens to Yen. Continuous weakness in Yen would enable price […]
Sep 02 2017 @ 18:50
GOLD (XAUUSD) Dominant Bias: Bullish Gold trended smoothly upwards last month, reaching a low of 1251.28 and a high of 1325.75. On September 1, price made some bullish attempt, closing at 1324.89. The outlook on Gold is bullish for this month, owing to the Bullish Confirmation Pattern that is present in the market. Price is […]
Aug 29 2017 @ 21:42
Big Sofia Tech stock (
LSE:BST) is a good bearish market. This has happened after some protracted sideways movement that was seen in the past several months, especially in the months of April to June 2017. The ADX period 14 is above the level 30 and close to level 40, suggesting a strong momentum in the […]
Aug 29 2017 @ 21:26
Empyrean shares (
LSE:EME) have been consolidating to the downside since July. This follows the strong bullish rise that was witnessed in June. Before that, the market was in a tight equilibrium phase. The price is now almost below the EMA 21, while the Williams’ % Range period 20 is in the oversold region. When price […]
Aug 27 2017 @ 22:50
This USD/CHF pair is bearish in the long-term, butt neutral in the short-term. The bearish breakout that was seen on August 25 was not significant enough to override the short-term neutrality in the market, unless price breaks the support level at 0.9550 and 0.9500 to the downside, which would happens as the EUR/USD journeys upwards. […]