Investing Advice

Hurricane Energy stock (LSE:HUR) recently experienced a false bullish breakout when the analytical tools in the chart didn’t support a bullish breakout. The situation in the market is currently dicey. The ADX period 14 is not far from the level 20, which means there is currently no great momentum in the market. The DMI+ is […]

GBPJPY Price Analysis – July 17 In the wake of attempting to clear the 137.80 level, the British Pound began a solid decay against the Japanese Yen. The GBPJPY pair even broke the key technical zone on the level at 135.39 to post another multi-month low. Key Levels Resistance Levels: 148.66, 143.68, 137.80 Support Levels: […]

EURJPY Price Analysis – July 12 EUR, as traded against the JPY, is depreciating to the JPY’s value and the pair EURJPY may breach major barriers in the present session, although no significant difference in the pairs downward outlook for now. Key Levels Resistance Levels: 126.30, 124.03, 123.01 Support Levels: 121.66, 121.02, 120.00 EURJPY Long […]

USDCHF Price Analysis – July 10 As the greenback remains mixed for its inflows the CHF took advantage of its recent strength early in the day by pulling the momentum to its side and dragging the pair downwards. The USDCHF has seen action mostly to the downside today but may find support buying near its […]

Investing your money is a very smart move but you need to make sure that you know what you are doing. Read our investment tips for 2019 here. Have you been thinking about investing your money in something for a while now? New investors can struggle to dive in as there is some risk involved […]

EURJPY Price Analysis – July 5 EURJPY has been consolidating sideways early in the trading session, as for the near future, it is likely that the euro zone single currency could continue to trade south during the following trading sessions.   Key Levels Resistance Level: 127.95, 126.30, 124.03 Support Level: 122.29, 121.60, 121.02   EURJPY […]

Tomco Energy stock (LSE:TOM) has experienced a bullish breakout following a protracted and boring ranging movement, which lasted for several months. There was a gradual bullish movement towards the end of June 2019, which translated into a significant upside movement in early July. There has been some bearish retracement in the market, but that may […]

Lloyds Banking Group plc shares (LSE:LLOY) do not have much activity on them right now… But price is making effort to go upwards… Albeit gradually. Price has managed to go above the EMA 21 (though there remains possibility of it going back below the EMA). The Williams’ % Range period 20 is generally pointing upwards, […]

Short selling is more common in the United States, and it accounts for close to forty percent of the dollar value traded. Many argue that short selling is the villain of financial markets, and this is false. Short sellers help in providing liquidity in the market and identifying overvalued companies. They help restore these companies […]

EURJPY Price Analysis – June 28 The pair has also fallen after rising above the level at 122.50, although there is room on the upside towards the level at 123-124 any near term dip could be limited by the level at 121. It could see some dips in the next few sessions as US-China fundamentals […]