12 Nov 2017 @ 08:52
Here’s the market outlook for the week: EURUSD Dominant bias: Bearish The market consolidated last week, and made some bullish effort on Thursday and Friday (in the context of a downtrend). There is a bullish signal in the short-term, and once the resistance line at 1.1750 is breached to the upside, the bias would turn […]
09 Nov 2017 @ 08:46
Innovaderma stock (
LSE:IDP) is in a downtrend, which has been in place since September 2017. Further downward movement is expected. The market has gone below the EMA 21, while the Williams’ % Range period 20 is around the oversold region. Price has gone seriously downwards and it is currently below the resistance level at […]
09 Nov 2017 @ 08:39
Zanga Iron shares (
LSE:ZIOC) are in a bullish mode, having gone upwards seriously this week, to continue the bullish bias that was started late last month. The ADX period 14 is at the level 50, which shows a very serious momentum in the market. The DM+ is above the DM-, showing that bulls are in […]
04 Nov 2017 @ 23:18
Here’s the market outlook for the week: EURUSD Dominant bias: Bearish The market went sideways from Monday to Wednesday and moved further south on Friday (in the context of a downtrend). The bearish movement would continue this week, owing to a bearish outlook on EUR pairs for the week. Thus, price would test the support […]
03 Nov 2017 @ 23:34
Kodal Minerals shares (
LSE:KOD) are a rough and choppy market, which has been going downwards gradually until recently. 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 of the chart. The EMAs 10, 20 […]
03 Nov 2017 @ 01:08
GOLD (XAUUSD) Dominant Bias: Bearish Gold is a choppy market, though movement has generally been bearish. Last month, price went upward to test the resistance level at 1305.78, before dropping thousands of pips. Any rallies that are seen on Gold would be in the context of a downtrend, and as such, would not invalidate the […]
30 Oct 2017 @ 05:55
The USD/CHF went upwards last week, gaining about 180 pips. Price went briefly above the strong resistance level at 1.0000 (as USD and CHF gained a momentary parity). The parity would be achieved again this week as the market goes towards the resistance levels at 1.0000, 1.0050 and 1.0100. However, the parity would be transient […]
27 Oct 2017 @ 19:15
Alba Minerals stock (LSE:ALAB) is expected to break forth, to the upside, following a recent protracted consolidation in the market. The ADX period 14 is slightly above the level 20, showing a lack of momentum (though momentum is expected to rise anytime soon). The DM+ is above the DM-, showing that price is expected to […]
23 Oct 2017 @ 07:32
The USD/JPY started making bullish efforts at the beginning of last week, and the efforts were successful. Price gained 170 pips, testing the supply level at 113.50 on Friday. The outlook on the market is bullish for this week, owing to the expected stamina in USD and expected weakness in JPY. Thus, the supply levels […]
22 Oct 2017 @ 10:37
The question above is common whenever I come across people who used to be traders. They started trading because they thought it was easy and because they thought they’d strike it rich. Nevertheless, they discovered that trading isn’t easy and after they dashed their heads into the rock many times, they gave up. Whenever one […]