Funds

Here’s the market outlook for the week: EURUSD Dominant bias: Bullish This pair is bullish, though it only consolidated last week, moving between the support line at 1.1700 and the resistance line at 1.1850. A movement above the aforementioned resistance line would put more emphasis on the bullish bias, while a movement below the support […]

Telit Communications stock (LSE:TCM) has dropped like a stone, moving seriously lower, following a gap-down that was seen early this week. 4 EMAs are used for the strategy and they are EMAs 10, 20, 50 and 200. The colour that stands for each EMA is shown at the top left part of the chart. All […]

Gulf Keystone shares (LSE:GKP) are a bearish market, which has been going downwards since last year. There seems to be no end in sight for the bearish journey, but something interesting is currently happening. Following the recent bearishness in the market, there is an upward bounce, which has moved price from below the lower Trendline, […]

AUS200 Dominant bias: Neutral In the last two months, this market has not moved in a directional mode. It has been moving only in a zigzag manner since then, in a quite choppy environment. This has led to the current neutrality on the market – which is supposed to continue in the next few weeks. […]

The EUR/JPY is a neutral market, and the neutrality continued last week. Bull made an effort to push price above the supply zone at 131.00, but the effort proved abortive as price experienced some weakness in the last few days of last week (emphasizing the neutrality in the market). On factor preventing a serious pullback […]

“One of the things that amazes me most about trading is that the longer I do it the more I admit that I don’t know. For a very long time I have been convinced that I have no idea where the price of instrument is going. I certainly know a lot about market dynamics, the […]

Here’s the market outlook for the week: EURUSD Dominant bias: Bullish This pair edged higher last week, reaching the resistance line at 1.1900, before the pullback that is currently being experienced. Price has gained more than 1000 pips since early May 2017, and the trend for this year has generally been bullish. The pullback may […]

Entu UK shares (LSE:ENTU) are currently making bears to smile. This is a bear market, which has become bearish since June 2017, following the tight volatility that was seen in the preceding months. The EMA 21 is sloping downwards, while price stays below it. Also, the Williams’ % Range period 20 has long been in […]

Taylor Wimpey stock (LSE:TW.) has given a bullish signal, following the recent pullback that was experienced in the market. Normally the pullback was supposed to be an opportunity to buy long when things are on sale, and in the context of an uptrend. The ADX period 14 is around the level 20, denoting weak volatility […]

GOLD (XAUUSD) Dominant Bias: Bullish Gold went downwards in June, but went upwards in July, thus recovering some of the losses sustained in June. In July, a low of 1204.53 was reached, while a high of 1270.63 was also reached – showing bull’s supremacy. The bullish effort that was made last month has resulted in […]