16 Jul 2017 @ 13:44
Here’s the market outlook for the week: EURUSD Dominant bias: Bullish This pair has been going upwards since June 27, and the bullishness has been maintained. Price also went upwards last week, though in a zigzag manner, closing above the support line at 1.1450 on Friday, and trying to go for the resistance line at […]
16 Jul 2017 @ 13:05
San Leon stock (
LSE:SLE) has been going bearish, and it is supposed to remain bearish for a long time. The current spike in the market should be ignored. In the months of January, February and March, the market was caught in a thigh consolidation, but that has changed. Price went below the lower Trendline in […]
11 Jul 2017 @ 13:14
AUS200 Dominant bias: Bearish This market has gone bearish since May and the bearishness has remained till now. There is a huge volatility in the market, which does not push price in a particular direction on a short-term basis, as the movement has been in a zigzag mode. This kind of action is supposed to […]
10 Jul 2017 @ 13:18
The market moved sideways in the first few days of last week, before moving further upwards. Since June 15, the market has gained about 740 pips, closing close to the supply zone at 130.00 on Friday. Once the supply zone is breached to the upside, price would target other supply zones at 130.50, 131.00 and […]
09 Jul 2017 @ 08:04
Here’s the market outlook for the week: EURUSD Dominant bias: Bullish The market was engaged in a bearish correction from Monday through Wednesday and then rallied on Thursday, to close on a bullish note on Friday. This has put some emphasis on the bullish bias on the market, which means that occasional corrections would often […]
05 Jul 2017 @ 02:24
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 […]
03 Jul 2017 @ 18:34
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 […]
02 Jul 2017 @ 13:04
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 […]
29 Jun 2017 @ 23:54
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 […]
29 Jun 2017 @ 22:51
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, […]
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