05 Jul 2016 @ 22:14
Gulf Keystone stock (
LSE:GKP) is a doomed market. The future of the stock is gloomy and bleak, and it might as well go below the great psychological level at 1.00 in a foreseeable future. 4 EMAs are used for this analysis and they are EMAs 10, 20, 50 and 200. The color that stands for […]
05 Jul 2016 @ 22:01
OptiBiotix Health shares (
LSE:OPTI) constitute a choppy, but attractive market. Based on the price action in the daily chart, there are wild upswings and downswings in the market, which reveal something interesting. A closer look at the market shows that, price, which is now within the upper and lower Trendlines, has exuded willingness to trend […]
04 Jul 2016 @ 19:44
AUS200 Dominant bias: Bullish AUS200 declined last month, reaching a high of 5393.0 and a low of 5040.0. That southwards movement threatened the bullish outlook on the market, but the recovery that was witnessed in the last several days of June has upheld bulls’ domination. Price is expected to trend further northward this month, reaching […]
04 Jul 2016 @ 08:35
The USD/CHF made a faint bullish effort last week, testing the resistance line at 0.9800, after which price bent downwards in a slight bearish correction. There is a precarious bullish signal in the 4-hour chart, but price needs to go further upwards so that the bullish signal can continue to be valid. A continuous bearish […]
03 Jul 2016 @ 07:38
Here’s the market outlook for the week: EURUSD Dominant bias: Bearish This pair moved upwards 150 pips last week, testing the resistance line at 1.1150, in the context of a downtrend. The outlook on EURUSD remains bearish for this week. For the outlook to turn bullish, price needs to go upwards by at least, 300 […]
30 Jun 2016 @ 21:19
“If you can trade like a hedge fund without investing in one, you can replicate their big wins without having to pay their huge fees.” – James Altucher In the first part of the article in this series, I mentioned that Mr. Caleb (a former trainee), who’s found his edge in the market, was interviewed. […]
28 Jun 2016 @ 21:39
Cloudbou shares (
LSE:CBUY) are now in a major downtrend, which is expected to continue. Price went downwards in January/February 2016, and went upwards in March/April. Nonetheless, price has been coming down since May till now. The ADX period 14 is at the level 60, showing a strong bearish momentum in the market. The DM- is […]
28 Jun 2016 @ 20:22
Taylor Wimpey stock (LSE:TW.) is a falling knife, having dropped like a stone last week. The market has been volatile since then…. And recovery is possible. Yes, the market is really a falling knife. Price is below the EMA 21, and the Williams’ % Range period 20 is in the oversold territory. Prior to the […]
27 Jun 2016 @ 08:19
On Friday, June 24, 2016, the EU/JPY experienced its strongest bearish movement this year. Price dropped by 1200 pips, reaching the low of 109.57. Price later performed a 450-pip bullish correction, later closing at 113.48 that Friday. The outlook on JPY pairs is bearish, and further movement to the south is expected this week, which […]
25 Jun 2016 @ 19:50
Here’s the market outlook for the week: EURUSD Dominant bias: Bearish This pair tested the resistance line at 1.1400, and went above it briefly. Price could not stay above that resistance line: It tumbled by 500 pips before a 200-pip bullish correction occurred on Friday. The bias is bearish, and further bearish movement is possible, […]