Funds

AUS200 Dominant bias: Neutral In the last two months, this market has not moved in a directional mode. It has been moving only in a zigzag manner since then, in a quite choppy environment. This has led to the current neutrality on the market – which is supposed to continue in the next few weeks. […]

The EUR/JPY is a neutral market, and the neutrality continued last week. Bull made an effort to push price above the supply zone at 131.00, but the effort proved abortive as price experienced some weakness in the last few days of last week (emphasizing the neutrality in the market). On factor preventing a serious pullback […]

“One of the things that amazes me most about trading is that the longer I do it the more I admit that I don’t know. For a very long time I have been convinced that I have no idea where the price of instrument is going. I certainly know a lot about market dynamics, the […]

Here’s the market outlook for the week: EURUSD Dominant bias: Bullish This pair edged higher last week, reaching the resistance line at 1.1900, before the pullback that is currently being experienced. Price has gained more than 1000 pips since early May 2017, and the trend for this year has generally been bullish. The pullback may […]

Entu UK shares (LSE:ENTU) are currently making bears to smile. This is a bear market, which has become bearish since June 2017, following the tight volatility that was seen in the preceding months. The EMA 21 is sloping downwards, while price stays below it. Also, the Williams’ % Range period 20 has long been in […]

Taylor Wimpey stock (LSE:TW.) has given a bullish signal, following the recent pullback that was experienced in the market. Normally the pullback was supposed to be an opportunity to buy long when things are on sale, and in the context of an uptrend. The ADX period 14 is around the level 20, denoting weak volatility […]

GOLD (XAUUSD) Dominant Bias: Bullish Gold went downwards in June, but went upwards in July, thus recovering some of the losses sustained in June. In July, a low of 1204.53 was reached, while a high of 1270.63 was also reached – showing bull’s supremacy. The bullish effort that was made last month has resulted in […]

The EUR/JPY has been consolidating for about two weeks, thus causing a short-term neutral bias on the market. This week, price would either move above the supply zone at 130.50, to help emphasize a bullish outlook, or it would go below the demand zone at 128.00 to help emphasize a bearish outlook. One of the […]

Here’s the market outlook for the week: EURUSD Dominant bias: Bullish EURUSD, which has generally been bullish this year, went upwards by 100 pips last week, testing the resistance line at 1.1750. Some attempts were made to breach the resistance line to the upside, but to no avail. However, the resistance line remains under siege […]

Mobile Streams shares (LSE:MOS) are not currently attractive. In fact, the market has been caught in a protracted base, and a major breakout is imminent. The more protracted the base is, the more the chances of a major breakout when it does occur. This does not necessarily mean it would favor the bear. Price can […]