Technical Analysis

Victoria Oil and Gas shares (LSE:VOG) have begun going upwards in what can be called the end of the year rally. The recent bias was bearish and price dived further downwards this month before further bearish movement was rejected. Since then, the price has moved upwards seriously, with an up-gap that pushed the price higher. […]

Oxus Gold stock (LSE:OXS) is an extremely volatile market where it seems the price is consolidating. A closer look reveals that the bulls appear to be having upper hands at the moment and therefore, the price could go upwards. The price is currently above the EMA 21 and the Williams’ % Range period 20 is […]

The USD/JPY closed at 120.31, on Friday, December 26, 21014. This pair trended upwards last week before it consolidated towards the end of the week. The bias is bullish and the supply level at 12.50 would soon be breached to the upside; after which another supply level at 130.00 would be challenged. EUR/USD: This market […]

Here’s the market outlook for the week: EURUSD Dominant bias: Bearish EURUSD trended downwards last week, closing below the resistance line at 1.2200. Since the recent bullish attempt was rejected at the resistance line of 1.2550, price has dived by over 360 pips, resulting in a very strong Bearish Confirmation Pattern in the market. The […]

“Greed is one of the cardinal sins in trading.” – Maite Krausse Janet Yellen assumed office on February 3, 2014, as chairwoman of the Federal Reserve (the central bank of the US). Going back to the topic above, this isn’t to say that Janet will take control of your portfolio and ruin it. However, the […]

USDJPY = Buy AUDJPY = Buy CADJPY = Buy CHFJPY = Buy EURJPY = Buy GBPJPY = Buy NZDJPY = Buy NB: Every trade could be entered with a stop loss of 100 pips and a take profit of 200 pips. Only 0.5% is risked per trade. With an account balance of $20,000, a position […]

The EURJPY is trying to stay above the 200-day moving average on the H1 chart, but it seems that the bears are taking control of the current trend of this pair. Now the EURJPY is forming a lower low pattern above the support level of 146.48, where the pair is trying to erase the gains […]

EURUSD = Sell EURCAD = Sell EURAUD = Sell EURNZD = Sell EURJPY = Sell EURCHF = Sell EURGBP = Sell NB: Every trade could be entered with a stop loss of 100 pips and a take profit of 200 pips. Only 0.5% is risked per trade. With an account balance of $20,000, a position […]

Tern stock (LSE:TERN) is ripe for a northward movement and buyers would be wise to capitalize on that. Price broke upwards from the recent base (an equilibrium zone in the market), as it trends northward significantly. The price broke out of the upper Trendline. Before that, the bulls were making effort to push the price […]

Stratex International shares (LSE:STI) started crashing at the beginning of this month and this can continue for the rest of the month. A break below the demand level at 2.00 would result in further strengthening of the bearish outlook. 4 EMAs are used for this analysis, and they are EMAs 10, 20, 50, and 200. […]