Jun 08 2017 @ 02:39
BMR stock (
LSE:BMR) is a bearish, losing market and this is what could continue. The market was bullish until February 2017, when things started coming down. The current bearish movement has been in place for more than 3 months, and this just seems to be the beginning. The EMA 21 is sloping downwards as price […]
Jun 02 2017 @ 10:17
GOLD (XAUUSD) Dominant Bias: Bullish Gold began the current bullish movement on May 9, 2017 forming a bullish bias on the market. Price is currently above the support level at 1270.00, going towards the resistance level at 1280.00. Before May 9, 2017, there was a severe selling pressure in the market, but that May loss […]
May 25 2017 @ 00:36
Xtract resources stock (
LSE:XTR) is a no-go area for those who invest logically. The price has just been going sideways for the past several month, and that has formed an extremely tight base. Although the ADX period 14 is above the level 80 (strong momentum), while the DM+ is above the DM- (bullish signal), the […]
May 11 2017 @ 05:40
Jubilee Platinum shares (
LSE:JLP) is now a bear market. The current weakness started in Mach 2017, following a bullish January and February. In the daily chart, the ADX period 14 is at the level 20, showing that while there is no momentum in the market at the present, it is expected to rise any moment […]
May 06 2017 @ 05:51
Premier African stock (
LSE:PREM) is currently in a tight equilibrium phase. Price would soon go out of balance as momentum rises in the market; and this is something that may eventually favor bulls. 4 EMAs are used for the analysis and they are EMAs 10, 20, 50 and 200. The color that stands for each […]
May 04 2017 @ 02:08
AUS200 Dominant bias: Bullish This market is bullish as well as volatile. Price swung wildly upwards and downward in April, and it has started pulling back again this week (all in the context of a bullish bias). This month, the volatility would continue as price continues its wild upswings and downswing, while the general movement […]
May 03 2017 @ 02:44
GOLD (XAUUSD) Dominant Bias: Bullish Gold is bullish in the long-term and bearish in the short-term. Price went upwards from April 3 to 17, and then began to be corrected lower. The lower correction has not been significant enough to override the recent bullish bias on the market. However, several more days of bearish movement […]
Apr 04 2017 @ 05:36
GOLD (XAUUSD) Dominant Bias: Bullish Gold is now a bull market, which is supposed to continue for some time. The bullish trend that has started on Gold since the beginning of this year came under attack from February 27 to March 14. Price reached a low of 1194.73 in March, and then moved upwards by […]
Mar 08 2017 @ 06:35
GOLD (XAUUSD) Dominant Bias: Bullish Gold trended upwards in January and February 2017. Price topped at 1263.61 on February 27 and then began to pull back. The pullback is significant, (about 4,600-pip movement to the south), but it is not strong enough to override the extant bullish outlook on the market, unless price pulls back […]
Mar 01 2017 @ 18:34
AUS200 Dominant bias: Bullish While this market went bearish in January, it went bullish in February. In the context of an uptrend, price was corrected last week, and then started March on a bullish note. The outlook on the market is bullish, and there is a possibility that the resistance lines at 5775.00 and 5800.00 […]