Banks

Here’s the market outlook for the week: EURUSD Dominant bias: Bullish This pair went sideways from Monday to Wednesday, and then started rising upwards on Thursday, in the context of an uptrend. Price is now very close to the resistance line at 1.1000. This week, it is possible for the market, and other EUR pairs, […]

Premier African stock (LSE:PREM) is currently in a tight equilibrium phase. Price would soon go out of balance as momentum rises in the market; and this is something that may eventually favor bulls. 4 EMAs are used for the analysis and they are EMAs 10, 20, 50 and 200. The color that stands for each […]

AUS200 Dominant bias: Bullish This market is bullish as well as volatile. Price swung wildly upwards and downward in April, and it has started pulling back again this week (all in the context of a bullish bias). This month, the volatility would continue as price continues its wild upswings and downswing, while the general movement […]

GOLD (XAUUSD) Dominant Bias: Bullish Gold is bullish in the long-term and bearish in the short-term. Price went upwards from April 3 to 17, and then began to be corrected lower. The lower correction has not been significant enough to override the recent bullish bias on the market. However, several more days of bearish movement […]

The USD/JPY opened with a gap-up last week, and so were other JPY pairs. Price went further upwards, reaching the supply level at 111.50, and other supply levels at 112.00, 112.50 and 113.00 might possibly be tested. The upwards gap has forced a bullish bias to occur in the market, but that may not last […]

Here’s the market outlook for the week: EURUSD Dominant bias: Bullish Last week, this pair opened with a massive gap-up, which also happened on other EUR pairs. Price managed to reach the resistance line at 1.0950, and then consolidated till the end of the week. The gap-up has forced a bullish bias to appear, but […]

It may seem a contradiction to say that you don’t want to pay attention to the profit of a trade. In fact, many of you might be saying that this guy must be smoking rope to say that profit is unimportant. Well, to clarify, that is not what is being said. Of course, profit is […]

AIG shares (NYSE:AIG) have been trending downwards in the past few months. There is a bearish bias on the market as shown by the analysis in the chart, although price may soon go upwards. The ADX period 14 is not above the level 30, showing a current lack of momentum in the market. The DM+ […]

The EUR/USD went upwards last week, reaching the resistance line at 1.0750. The upwards movement was not significant enough to bring about a Bullish Confirmation Pattern in the market, unless the resistance line at 1.0800 is breached to the upside. The bearish correction that was experienced on Friday may bring good opportunities to go long […]

Here’s the market outlook for the week: EURUSD Dominant bias: Bearish This pair trended upwards last week, briefly went above the resistance line at 1.0750, and then retraced southwards. There are support lines at 0.0700 and 0.0650, which may attempt to impede any bearish attempts this week. The bearishness in the market still holds, until […]