World

Gulf Keystone stock (LSE:GKP) has been under selling pressure for several months. The trend was mostly bearish for the year 2016, and there is no end in sight for the bearishness in the market. 4 EMAs are used for the analysis and color that stands for each EMA is shown at the top left part […]

PayPal shares (NASDAQ:PYPL) are poised to trend upwards as revealed in the daily chart. The upward trend would continue for some months. In February 2016, price broke upwards and closed above the upper Trendline. Since then, the price has not returned into the Trendlines. The current price action shows that the bulls are determined to […]

GOLD (XAUUSD) Dominant Bias: Bullish On the daily chart, Gold is in an uptrend; whereas a lower timeframe like the 4-hour chart shows that there is bearish pressure on the market. In the context of an uptrend, price was engaged in a bearish correction throughout the month of March, causing price to reach a monthly […]

The EUR/JPY went upwards last week, reaching the supply zone at 128.00. The bulls were unable to push price beyond that supply level and that caused a shallow correction we are currently looking at. There is a Bullish Confirmation Pattern in the market, and it is possible that another leg of bullish journey would begin, […]

“I realised that the best way to free myself from worries about uncertain outcomes, is to make sure a negative outcome of a specific trade will not affect me.” – Christiaan van der Meer I recently came across a popular social trading program that enables signals providers to go through various career levels. This social […]

Cap-XX stock (LSE:CPX) now looks like a promising market, owing to the current price action on it. The market has been making persistent bullish effort since the month of February 2016. This is something that has paid off: There is a “buy” signal in the market. The ADX period 14 is almost above the level […]

ADVFN shares (LSE:AFN) have been trending downwards for the past several months. There is a clear downtrend in the chart – a major bias. The price is below the EMA 21 while the Williams’ % Range period 20 is perpetually in the oversold region. Long trades are not currently recommended on ADFN because the major […]

The EUR/JPY moved sideways throughout last week, not going below the demand zone at 125.00, nor going above the supply zone at 126.50. A breakout is imminent this week, which would most probably favor the bulls, because the outlook on JPY pairs is bright for the week. When there is a rally, the supply levels […]

Here’s the market outlook for the week: EURUSD Dominant bias: Bullish As expected, this pair got corrected lower last week, moving downward by 120 pips before closing while consolidating. The support line at 1.1150 has been tested and it would be breached to the downside this week. EUR would be seen weakening against major currencies […]

BP shares (NYSE:BP) have been very volatile for the past several months. The bullish effort that was made in October 2015 has been rendered useless by the bears. Though the volatility in the market is high, the dominant bias is bearish. 4 EMAs are used for this analysis and they are EMAs 10, 20, 50 […]