Bubbles

Immupharma shares (LSE:IMM) gapped downwards massively in April 2018, and it has moved sideways since then. The ADX period 14 is at the level 40, showing the seriousness of the ongoing bearishness in the market. DM- is below DM+, meaning bears really have upper hands now. The MACD default parameters, has its histogram and signal […]

ETHUSD Medium-term Trend: Bullish Resistance: $435, $430, $425 Support: $405, $410, $415 The ETHUSD pair had a bearish outlook yesterday. The MACD line and the signal line were below the zero line. From the price action, Ethereum had a bearish view but it commenced a range bound movement. Today, price of Ethereum is in a […]

Tlou Energy shares (LSE:TLOU) are a ranging market, which would preferably be called a lone ranger. The sideways movement will continue for some time, and it would eventually result in a serious breakout. Price made a bullish effort in January 2018, dropped precipitously in February, and began to consolidate. The market has been ranging since […]

Petrel Resources stock (LSE:PET) is not an attractive market at all, and investors are advised to stay away until there is a clear directional movement. The market is quite rough and choppy, having zigzagged so far (in the past few months). Price is currently above the EMA 21 (a false signal), and will go below […]

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 […]

Plutus Pwrgen stock (LSE:PPG) is a strong bear market. Price has been going southwards in the last several months, and there is still much room for price to go further southwards again. 4 EMAs are used for this analysis and they are EMAs 10, 20, 50 and 200. The color that stands for each EMA […]

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 […]

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 […]

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 […]

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 […]