Investing Advice

GOLD (XAUUSD) Dominant Bias: Bearish Gold is bearish in the short-term, but neutral in the long-term. In the 4-hour chart, price trended downwards last week, to end September 2016 on a bearish note. Further bearish movement is anticipated this month, which would make price reach the support levels at 1298.00 and 1280.00 and 1270.00. This […]

The EUR/USD has become neutral in the short and long terms. The market did nothing significant last week, save testing the resistance line at 1.1250 and the support line at 1.1150. A rise in momentum would force the market to go above that resistance line or below the support line, which may happen this week. […]

Here’s the market outlook for the week: EURUSD Dominant bias: Neutral This pair did not do anything significantly last week, save moving briefly above the resistance line at 1.1250 and testing the support line at 1.1150. The bias has become neutral in the short and long terms, and this is supposed to continue until price […]

WHAT YOU NEED TO KNOW ABOUT MASTER TRADERS – PART 18 “Get no joy, except a superficial joy, out of winning. Get no sadness, except a superficial sadness, out of losing. Get to the point where it must almost be an act on your part to be joyful or to be sad – and not […]

Huttig Building Products stock (NASDAQ:HBP) is bullish in the long-term, but neutral in the near-term. The market is generally in an uptrend, and so, the current consolidation in the market is just another opportunity for bulls to find some breath before they continue pushing price upwards. Price has gone above the upper Trendline. A movement […]

Atlassian Corp shares (NASDAQ:TEAM) are in a bullish mode, and in spite of the perceived volatility in the market. This month, price topped at 35.00 and retraced sharply. However, that resistance level would soon be breached and even exceeded. 4 EMAs are used for this analysis, and they are EMAs 10, 20, 50 and 200. […]

The GBP/USD is bearish in the 4-hour and daily charts. Price declined further last week, in spite of bulls’ opposition, and their footprints can be seen in the chart. On the GBP/USD (as well as other GBP pairs), the outlook is bearish, and therefore, further decline is anticipated, which may take price towards the accumulation […]

Here’s the market outlook for the week: EURUSD Dominant bias: Bullish EURUSD is bullish in the short-term, but neutral in the long-term. Against the volatility contraction in the higher time-frames, bulls managed to push price above the support line 1.1200. The next targets are around the resistance lines at 1.1250 and 1.1300, which would require […]

“Soon, though, I became aware that there was an even bigger game available to players like me. It was, in fact, the biggest game in town — the international financial markets. So my interest shifted from playing cards to playing the markets.” – James Frazer Someone in a West African country – a young man […]

Paypal shares (NASDAQ: PYPL) are currently bullish and the bullishness would continue within the next several months. There is a “buy” signal here, as price is above the EMA 21 and the William’s % Range period 20 is around the overbought region. The market is currently being corrected, but it is seen as a pause […]