Financial Guides

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 […]

ETH/USD Medium-term Trend:Bullish   Resistance: $650, $700, $750 Support: $550, $500, $450 Yesterday, June 6, price of Ethereum was in a bullish trend. In the previous day, the price of Ethereum was in a bearish trend at a price of $604.36. It was assumed that if the asset falls, it might fall to the lows […]

BTCUSD Long-term Trend – Bearish   Distribution territories: $10,000.00, $11,000.00, $12,000.00. Accumulation territories: $6,000.00, $5,000.00, $4,000.00. The US dollar has been pushing against Bitcoin, flagship cryptocurrency. The last time BTC made a strong move was on May 5, as on that day, it was surged thanks to the bulls, to the point of touching the […]

ETHUSD Medium-term Trend: Bullish Resistance: $585, $580, $575 Support: $555, $560, $565 Yesterday, 30 May, the ETHUSD pair was in a bullish market. Ethereum had established itself above the $550 price level. Meanwhile, the MACD line and the signal line were above the zero line, indicating a buy signal. Also, the price was above the […]

BTCUSD Medium-term Trend: Bullish   Resistance: $7,800, $7,700, $7,600 Support: $7,200, $7,300, $7,400 On 24 May, the Bitcoin price broke the support level at $7,500 after several days of fluctuating below and above that level. The asset fell to $7,127 and resumed a range-bound movement. The range-bound movement resulted in a bullish breakout above $7,500. […]

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 Daily Trend – Bullish Distribution territories: $570.00, $580.00, $590.00. Accumulation territories: $550.00, $540.00, $530.00. Ethereum had been significantly suffering from the strength of the US dollar. ETHUSD yesterday declined sharply in value up to the point of touching the accumulation territory of $500.00. The buyers managed to stage a good come-back into the market […]

BTCUSD Long-term Trend – Bearish   Distribution territories: $11,000.00, $12,000.00, $13,000.00. Accumulation territories: $6,000.00, $5,000.00, $4,000.00. Bitcoin has been continuously witnessing a downward slide against the US dollar this week. The last time that the pair made a slight high was on May 20. The bears have had a greater advantage on the market over […]

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 […]