World

Providence Resources shares (LSE:PVR) have already generated a bullish signal, while the market environment is volatile. In the past few months the market was coming downwards gradually, but right now, price has crossed the EMA 21 to the upside. At the same time, the Williams’ % Range period 20 has already gone into the overbought […]

Gulf Keystone stock (LSE:GKP) remains a bear market, and the bearishness is supposed to continue in the next several months. ADVFN// // // // // // Following the tight consolidation that was seen at the beginning of this month, price has gone protractedly southwards and that seems to be the beginning. The ADX period 14 […]

GOLD (XAUUSD) Dominant Bias: Bearish Gold has turned bearish, owing to the protracted bearish movement that occurred in June. Price reached a high of 1295.87 on June 6, and then began to drop until the end of the month, losing 5400 pips in the process. This month has also opened on a strong bearish note […]

The GBP/USD gained about 340 pips last week, closing above the accumulation territory at 1.3000 (which was our target for last week). It is possible that price would continue going upwards this week, but the upwards movement would not be much, owing to a bearish outlook on GBP pairs for this week and for the […]

Here’s the market outlook for the week: EURUSD Dominant bias: Bullish Last week, a bullish breakout in this market put an end to the neutral bias on it, which was in place from June 12 to 23. Price gained more than 250 pips, almost reaching the resistance line at 1.1450, but closing above the support […]

Victoria Oil and Gas stock (LSE:VOG) is supposed to go further southwards, following the shallow rally that has been seen in the market. The bias on the market is bearish. The market was flat in January 2017, and then it experienced a smooth bullish run in February. Between March and April, price entered a consolidation […]

UK Oil and Gas shares (LSE:UKOG) have gone northwards seriously (just as some currency pairs like EURUSD, EURJPY, GBPUSD, and GBPJPY, etc. have done). This has created a bullish outlook on the market and that is something which is expected to continue.   4 EMAs are used for this analysis and they are EMAs 10, […]

The EUR/JPY cross has been able to maintain the bullish bias it started on June 15. Price tested the demand zone at 123.50, and then was able to go above the demand zone at 124.50. This has revealed a bullish intent, and price could go further upwards. However, the upwards movement may not be so […]

Here’s the market outlook for the week: EURUSD Dominant bias: Neutral This market did nothing significant last week, save the movement between the resistance line at 1.1250 and the support line at 1.1100. The market has essentially become neutral, and that bias would hold out until the aforementioned resistance line is breached to the upside […]

Forbidden Technologies shares (LSE:FBT) are to continue the weakness apparent in the market. Price has been coming down since January 2107 and that has created a valid bearish outlook on the market. Price remains under than EMA 21 and in spite of the current consolidation, it is supposed to go further south, continuing the current […]