May 12 2018 @ 22:12
Here’s the market outlook for the week: EURUSD Dominant bias: Bearish This pair trended downwards last week, testing the support line at 1.1850. Several attempts to breach the support line to the downside were not successful, and as such price bounced upwards by 100 pips from the line. The upwards bounce is seen as an […]
May 07 2018 @ 07:03
BTCUSD Long-term Trend – Bearish Distribution territories: $12,000.00, $13,000.00, $14,000.00. Accumulation territories: $8,000.00, $7,000.00, $6,000.00. In spite of lower highs than lower lows on the BTC/USD pair, the long-term trend chart has not been able to make a significant move away from a bearish outlook. On April 29, the pair declined a bit below the […]
May 06 2018 @ 23:05
Daily analysis of USD/CHF for May 7, 2018 USD/CHF This pair has normally been going upwards as EURUSD is going downwards. Price has gained over 800 pips since February 16 (it gained 130 pips last week). The great psychological level at 1.000 has eventually been reached and a lot of activity has started around that […]
May 04 2018 @ 21:18
Trinity Mirror shares (
LSE:TNI) are choppy but somewhat bullish. The bullish trend is not strong, but it is noticeable; and a stronger directional movement would soon materialize. Price is above the EMA 21, and it would soon be very far above it, as soon as volatility returns to the market (which would most probably favor […]
May 03 2018 @ 01:54
ETHUSD Medium-term Trend: Bullish Resistance: $760, $750, $740 Support: $690, $700, $710 The ETHUSD pair was in a ranging market yesterday. Price of the asset was ranging from the resistance level at $700 to the support level at $650. The MACD line and the signal line are below the zero line. Today, the ETHUSD […]
Apr 29 2018 @ 23:07
Daily analysis of USD/CHF for April 30, 2018 USD/CHF This pair went upwards last week (gaining 150 pips). Over 300 pips have gained in the last two weeks, and this is just the beginning, because the northwards journey would continue as a result of the stamina in USD. The resistance level at 0.9900 has been […]
Apr 29 2018 @ 18:29
BTCUSD Long-term Trend – Bearish Distribution territories: $11,000.00, $12,000.00, $13,000.00. Accumulation territories: $7,000.00, $6,000.00, $5,000.00. BTCUSD, like many other digital assets across the globe, witnessed a volatile price decline on April 25. The BTC market prices are averaging a bit above the distribution territory of $9,000.00 right now, after tumbling below the accumulation...
Apr 26 2018 @ 06:56
Melrose Industries shares (
LSE:MRO) are not a sexy market. In fact, it is an ugly market. After the brief rally of December 2017 and January 2018. Since then, the market has been experiencing short-term upswings and downswings. Moving between the resistance level at 240.00 and the support level at 200.00. The current short-term swings should […]
Apr 25 2018 @ 18:21
ETHUSD Medium-term Trend: Bullish Resistance: $680, $670, $660 Support: $620, $630, $640 Yesterday, April 24, Ethereum price was in a bullish market and reached the resistance level at $700. The bulls have attempted breaking the resistance level without success. The reason for this is that the resistance level was previously a strong support level that was […]
Apr 23 2018 @ 01:11
BTCUSD Long-term Trend – Bearish Distribution territories: $10,000.00, $11,000.00, $12,000.00. Accumulation territories: $7,000.00, $6,000.00, $5,000.00. Though the trend outlook in the BTCUSD long-term trend chart is still bearish. Bitcoin has been making a more appreciable rebound against the US dollar since 12th of April while producing a dramatic northward spike. There have been...