Financial Guides

Gulf Keystone shares (LSE:GKP) have been trending lower since January 2014, and this may continue in March, although in a limited manner. The long-term outlook is bullish but the medium-term outlook is bearish. The price has fallen below below the Lower Trendline, plus  there has been a cut-throat struggle between the bulls and the bears. […]

The USD/JPY has been making some bullish effort but there is a need for a break above the supply level at 103.00 before there is a strong Bullish Confirmation Pattern in the chart. EUR/USD: This pair is expected to go further upwards in this week, reaching the target at the resistance line of 1.3800. The […]

Here’s the market outlook for this week: EURUSD Dominant bias: Bullish The outlook on this pair remains bullish unless the price crosses the support line at 1.3650 to the downside. Right now, the price action looks like a clean opportunity to buy long when there is a dip in the price and in the context […]

“The simplest trades are usually the best ones.” – Michael Hewson There are no guarantees in the markets, but there are certain things you can do that would ensure your continuous victory. Interestingly, there’s also one bet you can make and reap sure gains from – as far as your long term investment goals are […]

Microsoft stock (NASDAQ:MSFT) has been making attempts to recover the loss it sustained this year. Given the Bullish Confirmation Pattern in the chart, the price is supposed to go further higher. The ADX period 14 is below the level 20 (showing a trendless market). However, the DM+ is above the DM-. The MACD (default parameters) […]

Lloyd’s shares (LSE:LLOY) are currently going south, but the southward move is expected to be limited. This is a strong bearish correction in what is a great opportunity to go long with a good bargain. Interestingly, the price has recently refused to close below the EMA 21, while the Williams’ % Range noses upwards. The […]

Here is the current outlook on Gold and Silver. GOLD (XAUUSD): Since a ‘buy’ signal was generated on Gold in early February 2014, it has moved upwards by over 8000 points. The bullish outlook on the market is very strong, and therefore, a bullish continuation would be spurred on by further buying pressure. This is […]

The Cable was able to move more than 350 pips last week, closing at 1.6747. The target for this week is at the distribution territory of 1.6800, though there are possibilities of transitory pullbacks. EUR/USD: This pair has been able to maintain its upward journey, moving close to the resistance area at 1.3700. For the […]

The reversals that started recently have succeeded in establishing themselves as new biases. The new biases are supposed to continue. Here’s the market outlook for this week: EURUSD Dominant bias: Bullish The reversals that started recently have succeeded in establishing themselves as new biases. The new biases are supposed to continue. Since a bullish signal […]

“If you are driven by the stock price you are going to go crazy.” – Michael Bigger There’s no speculator in the world that hasn’t, in one period or other in their career, experienced the emotion of anger. Every trader becomes angry because of some reasons. Even the renowned Dr. Van K. Tharp (a trading […]