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THE WAYS WE CON OURSELVES I support a particular hospital charity that each year or so runs a home lottery and every year I enter. To date I have won a digital camera, an iPod, an Apple TV, a tonne of chocolate, wine (brilliant for a non-drinker but good for presents) and a host of […]

The USD/JPY pair is bullish in the long-term, but bearish in the short-term. Price may make some attempts to go upwards this week, owing to a bullish outlook on USD. There are demand levels at 113.00 and 112.50. On the other hand, there are supply levels at 114.00 and 114.50. EUR/USD: The bias on the […]

Here’s the market outlook for the week: EURUSD Dominant bias: Bearish The market consolidated last week, and made some bullish effort on Thursday and Friday (in the context of a downtrend). There is a bullish signal in the short-term, and once the resistance line at 1.1750 is breached to the upside, the bias would turn […]

Innovaderma stock (LSE:IDP) is in a downtrend, which has been in place since September 2017. Further downward movement is expected.   The market has gone below the EMA 21, while the Williams’ % Range period 20 is around the oversold region. Price has gone seriously downwards and it is currently below the resistance level at […]

Last week the EUR/JPY rallied in the context of a downtrend, moving from the demand zone at 131.50 to test the supply zone at 133.00 and then coming downwards on Friday. Price closed at 132.40 (below the supply zone at 132.50). Owing to a bearish outlook on EUR pairs this week, the market is supposed […]

Here’s the market outlook for the week: EURUSD Dominant bias: Bearish The market went sideways from Monday to Wednesday and moved further south on Friday (in the context of a downtrend). The bearish movement would continue this week, owing to a bearish outlook on EUR pairs for the week. Thus, price would test the support […]

GOLD (XAUUSD) Dominant Bias: Bearish Gold is a choppy market, though movement has generally been bearish. Last month, price went upward to test the resistance level at 1305.78, before dropping thousands of pips. Any rallies that are seen on Gold would be in the context of a downtrend, and as such, would not invalidate the […]

The USD/CHF went upwards last week, gaining about 180 pips. Price went briefly above the strong resistance level at 1.0000 (as USD and CHF gained a momentary parity). The parity would be achieved again this week as the market goes towards the resistance levels at 1.0000, 1.0050 and 1.0100. However, the parity would be transient […]

Here’s the market outlook for the week: EURUSD Dominant bias: Bearish The market consolidated from Monday to Wednesday and then dropped sharply on Thursday and Friday. There is a Bearish Confirmation Pattern in the market, which makes further drop a possibility. Since the outlook on EUR pairs remains bearish for this week (just as it […]

Immupharma shares (LSE:IMM) have pulled back in the context of an uptrend, and that is supposed to be a temporary sale, giving traders and investors a good opportunity to buy long at better prices Price has been trending upwards since September 2017, and it moved briefly above the distribution territory at 100.00, and then pulled […]