Bubbles

USDCHF generally ranged from May 2018 until last week, and owing to a sudden surge of stamina in USD, price skyrocketed, reaching the high of 1.0066. The test of that high is significant because the last time price reached that level was May 2017. What happen in May was followed by a protracted bearish movement. […]

Bahamas Petrol shares (LSE:BPC) has been going upwards since it broke upwards significantly in early May, 2018. Before then, price was in a tight consolidation, forming a strong base. In the context of a bullish movement, price ranged in June, only to begin to go further northwards seriously in July. 4 EMAs are used for […]

Here’s the market outlook for the week: EURUSD Dominant bias: Bearish The market is bearish in the long-term, and bullish in the short-term. Last week, after testing the support line at 1.1600, price went upwards by 150 pips, to test the resistance line at 1.1750. Price can still go further upwards towards the resistance lines […]

Here’s the market outlook for the week: EURUSD Dominant bias: Bearish The market is bearish, but price was not able to go downwards seriously last week. Thus the market is bearish in the long-term, but neutral in the short-term. A strong opposition was particularly met at the support line at 1.1550, after which price bounced […]

Edenville stock (LSE:EDL) has experienced what can best be called a false breakout.. The major bias is bearish, and thus, the current bullish breakout could end up being a temporary rally in the context of a downtrend. Price is above the EMA 11 but it is yet to close above it. Should price close below […]

Here’s the market outlook for the week: EURUSD Dominant bias: Bearish The market began the current strong bearish movement in April. This month (especially from early June), price consolidated till June 14, before the large pullback we are currently witnessing. The large pullback has put more emphasis on the dominant bearish bias; thus price is […]

Daily analysis of USD/CHF for June 11, 2018 USD/CHF This is a weak market, for the USD/CHF has been caught in a slow and gradual bearish movement since May 10 (over 230 pips). It is possible that the market would continue going further downwards (albeit slowly), especially when EURUSD gains a lot of stamina. This […]

Here’s the market outlook for the week: EURUSD Dominant bias: Bearish This pair is bearish in the long-term, and bullish in a very short-term. Since May 30, price has been making a measure of bullish attempt (save the correction that was witnessed on Friday). A movement above the resistance lines at 1.1850, 1.1900 and 1.1950 […]

SRT Marine Systems stock (LSE:SRT) has dipped amid a strong rally, and it is expected to recover, to continue the rally and go further upwards. 4 EMAs are used for this analysis and they are EMAs 10, 20, 50 and 200. The Color that stands for each EMA is shown at the top left part […]

Gulf Keystone shares (LSE:GKP) are in a strong bullish mode. Following the consolidation of March and April 2018, the market has been going seriously upwards, now close to the distribution territory at 220.00, which was almost tested previously. Price is far above the upper Trendline, and the RSI period 14 is above the level 50. […]