22 Feb 2017 @ 13:05
FTSE 250 stock (
FTSE:MCX) is a bull market. In fact, price has been going upwards since December 2016, following the trendless and choppy market conditions that were witnessed in the months before December 2016. Price is currently above the EMA 21, which has been sloping upwards since December, supporting a clean bullish outlook on the […]
20 Feb 2017 @ 22:56
It’s been a busy week yet again with big moves on many of the major markets, and yet again a lot of these moves have been generated by the uncertainty created by President Trump and the latest news out of his administration. With the resignation of Michael Flynn to his scathing media attack yesterday it […]
18 Feb 2017 @ 04:04
The labour market in the US remains hot and consumer spending is strong. It is vital for Yellen to decide when it is the right time to raise rates in order to cool down the US economy. As early as March or June? The interest rate decision is just a question of time, like she […]
15 Feb 2017 @ 10:27
Ebay shares (
NASDAQ:EBAY) have been trending upwards since the last several months. The market is in a clear uptrend and this is what is supposed to happen most of this year. 4 EMAs are used for this analysis, and they are EMAs 10, 20, 50 and 200. The color that stands for each EMA […]
14 Feb 2017 @ 22:50
After all the tensions between the world’s two largest economies, Donald Trump and Xi Jinping, Donald Trump has accepted to commit to the ‘’One China” policy. In ‘’One China’’ policy, there is only one state called China, even though the existence of two governments which claim sovereignty. In addition, any country looking to establish diplomatic […]
13 Feb 2017 @ 04:25
FTSE 100 stock (
FTSE:UKX) is currently in a correction, following the sharp upward movement that was witnessed in the months of December 2106, and early January 2017. Price is currently above the EMA 21, and the Williams’ % Range period 20 is in the overbought region. The recent pullback in the context of an uptrend […]
12 Feb 2017 @ 19:54
Here’s the market outlook for the week: EURUSD Dominant bias: Bearish This pair trended downwards last week, going below the resistance line at 1.0650. The movement so far this month is essentially bearish and there is a possibility that further bearish movement would continue to hold out, as the support lines at 1.0600, 1.0550 and […]
10 Feb 2017 @ 22:09
The Organization of Petroleum Exporting Countries; OPEC is an intergovernmental organization of 13 oil exporting countries from around the world. The aim of the organization is to coordinate and consolidate the energy policies of its Member Countries and guarantee the stabilization of oil markets. This way, OPEC will be able to protect the efficient supply […]
07 Feb 2017 @ 22:30
Just in the first month of 2017, the demand for precious metals have elevated. Let’s look at some main factors: 1. Major Inflows The Gold prices have increased 5.2% in January, $1,201.07 per ounce; after falling 13% over the previous three months. In addition, the 10 primary money-drawing EFT’s such as Vaneck Vectors Gold Miners […]
06 Feb 2017 @ 13:29
The USD/CHF went downwards last week, but significantly. Price is below the resistance levels at 1.0000 and 0.9950, now moving towards the support level at 0.9900, which is one of the targets for this week. There is a Bearish Confirmation Pattern in the market, and further bearish movement is expected. EUR/USD: The EUR/USD went upwards […]