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It’s Time to Purchase Vast Resources PLC

Dec 29 2016 @ 15:48
It is now a good time to purchase Vast Resources shares (LSE:VAST), since it has begun going upwards, forming a clean “buy” signal. Price moved within the Trendlines from October to December, and it has recently jumped upwards, now above the upper Trendline. At the same time, the RSI period 14 goes above the level […]
 

Gulfsands Petroleum Begins a Northward Ride

Dec 29 2016 @ 15:41
Gulfsands Petroleum stock (LSE:GPX) has begun a nice ride towards the north. Price was in a tight base for most part of the year, but a serious rise in momentum began to happen from November 2016, resulting in a serious bullish gains. 4 EMAs are used for the analysis and they are EMAs 10, 20, […]
 

Daily analysis of major pairs for December 26, 2016

Dec 25 2016 @ 16:58
The EUR/JPY went flat throughout last week. However, a closer look at the market reveals that bulls are intent on pushing price higher. So when momentum returns to the market, it might push price towards north. The supply zones at 123.00, 123.50 and 124.00 might be reached soon. EUR/USD: The EUR/USD went down on Monday […]
 

Weekly Trading Forecasts on Major Pairs (December 26 - 30, 2016)

Dec 25 2016 @ 02:08
Here’s the market outlook for the week: EURUSD Dominant bias: Bearish This pair trended downwards on Monday and Tuesday, and then began to make some bullish attempt, all in the context of a downtrend. A strong movement is not anticipated this week (although it is a possibility), for the market may not do more than […]
 

Daily analysis of major pairs for December 19, 2016

Dec 18 2016 @ 23:47
The USD/CHF went seriously upwards last week, testing the resistance level at 1.0300 before retracing a little. The outlook on the market remains bullish for the week, as USD is supposed to continue gathering stamina. The targets for this week are located at the resistance levels of 1.0300, 1.0305 and 1.0400. EUR/USD: The pair went […]
 

Weekly Trading Forecasts on Major Pairs (December 19 - 23, 2016)

Dec 18 2016 @ 01:21
Here’s the market outlook for the week: EURUSD Dominant bias: Bearish EURUSD trended downwards last week, just as it was expected. Price moved sideways from Monday till Wednesday, when it started dropping further downwards. The support line at 1.0400 was tested, and although price closed above it, it would be tested again. The outlook on […]
 

The best traders in the world – what they have in common

Dec 17 2016 @ 04:33
“It’s Monday morning. You are warm and toasty in your bed, hearing the world around you wake up. You allow yourself a little sleep in, and then pull open the curtains. Your swimming pool is shimmering in the sun light, and your outdoor lounge beckons. After a satisfying breakfast, the markets open, and you casually […]
 

Paysafe Group PLC – Another Dead Cat Bounces?

Dec 16 2016 @ 07:11
Paysafe Group stock (LSE:PAYS) looks like another dead-cat-bounce scenario. Price moved sideways in June and July, rose gradually in August and September, came down gradually in October and November, and then crashed this month. Following the crash is an upwards bounce in the market… But it has not overridden the current bearish outlook. Price is […]
 

Cloudtag Undergoes a Roller Coaster Ride

Dec 16 2016 @ 06:32
Cloudtag shares (LSE:CTAG) has really undergone a roller coaster ride in recent months. Price consolidated in July and August, rose sharply in September, plummeted in October and November and it is now rising wildly this month. The market is quite choppy. The ADX period 14 is not above the level 50, meaning that the momentum […]
 

Daily analysis of major pairs for December 12, 2016

Dec 11 2016 @ 18:56
The USD/JPY consolidated last week, and then began to trend upwards on Friday. There is a Bullish Confirmation Pattern in the 4-hour chart, and since the outlook on JPY pairs remains bullish for this week, the USD/JPY would also normally trend further upwards. The targets for this week are located at the supply levels of […]
 
 
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