11 Apr 2018 @ 01:27
BTCUSD Medium-term Trend: Ranging Resistance: $7,100, $7,000, $6,900 Support: $6,500, $6,600, $6,700 Yesterday, April 9, the price of Bitcoin was in a bullish trend. Bitcoin traded up to $7,200 before the bears took control of the market and brought price to its low at $6,786.67. Price has resumed its range bound movement because neither the […]
10 Apr 2018 @ 00:17
ETHUSD Long-term Trend – Bearish Distribution territories: $500.00, $600.00, $700.00. Accumulation territories: $300.00, $200.00, $100.00. This week ETHUSD pair continues to trend southward almost the same bearish outlook as last week’s formation. On April 3rd, the price managed to form a lower high above distribution territory of $400.00, April 4th marked another noticeable bearish movement...
09 Apr 2018 @ 22:19
Daily analysis of USD/CHF for April 8, 2018 USD/CHF The pair remains bullish in the short-term (and its fate is largely subject to whatever happens to EURUSD). Price went upwards last week, almost reaching the resistance level at 0.9650, and then getting corrected lower. The short-term bullishness will be rendered ineffectual only when price goes […]
08 Apr 2018 @ 19:34
Here’s the market outlook for the week: EURUSD Dominant bias: Bearish The pair is bearish in the short-term, which is still a weak bias. Price went downwards last week, moving briefly below the support line at 1.2250, and closing above it on Friday. There are resistance lines at 1.2300, 1.2350 and 1.2400. Things will go […]
07 Apr 2018 @ 22:50
Immuphaama shares (
LSE:IMM) rallies significantly this week, and this has made investor’s to jubilate. Price moved upwards from November 2017 to January 2018, and then went southwards from February 2018 till early March 2018. But things have changed… in April. Price is now above the EMA 21 and the William’s % Range period 20 is […]
07 Apr 2018 @ 22:34
S&P 500 stock (
SPI:SP500) has been violently corrected lower. In the long-term, price is ranging and volatile. Things may soon go bearish. The ADX period 14 is not far from the level 30, pointing at a moderate momentum in the market. The DM+ is below the DM-, meaning that bears have an upper hand right […]
06 Apr 2018 @ 02:34
Highlights • The medium and short term trend bias are bearish. • In a downtrend, a trader should know that if price retraces from the recent low, a resistance level would be created. This gives the trader the opportunity to place short trades. BTCUSD Medium-term Trend: Bearish Resistance: $7,000, $6,900, $6,800 Support: $6,400, $6,500, […]
05 Apr 2018 @ 06:39
Do you want to be a successful trader? Then you need to unlock your potential and develop the right habits and routines. Experience shows that people want to keep doing what they are doing, while expecting different results. In trading, that means they carry on trading in a certain way even when it brings poor […]
04 Apr 2018 @ 13:02
GOLD (XAUUSD) Dominant Bias: Neutral The market bias is neutral in the long-term and bearish in the short-term. Since February 2018, price has been ranging (whereas December 2017 and January 2018 were bullish). However, going short-term, price dropped sharply in the last week of March, and made a rally attempt on April 3, only to […]
02 Apr 2018 @ 23:50
Daily analysis of USD/CHF for April 2, 2018 USD/CHF This bias on this currency trading instrument is bullish – but it is currently not a strong bias. Since testing the support level at 0.9200 (February 16), price has managed to gain about 360 pips. Last week, it managed to stay briefly above the resistance level […]