Sep 18 2017 @ 07:39
Here’s the market outlook for the week: EURUSD Dominant bias: Neutral The market is bullish in the long-term and neutral in the short-term. There was a slight bearish movement last week, but that was not significant. This week, price would either go above the resistance line at 1.2050, to strengthen the long-term bullish outlook; or […]
Sep 17 2017 @ 18:57
The USD/JPY went bearish in the first week of this month and then went bullish last week. The market is bearish in the long-term and bullish in the short-term. This week, price could go further upwards by another 100 pips, but further bullish movement would be rejected, owing to a bearish expectation on JPY pairs […]
Sep 14 2017 @ 07:50
Gulf Keystone stock (
LSE:GKP) has been making serious bullish efforts in recent times, especially since August 2017. The bullish journey has already started. The ADX period 14 is above the level 50, suggesting a very strong momentum in the market. The DM+ is above the DM-, meaning that bulls are currently reigning. The MACD default […]
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 […]