Investing Advice

USDCHF Price Analysis – December 24 The USDCHF pair recorded a small daily gain on Monday and entered the consolidation phase on Tuesday, as the markets seem to be already in a festive mood. At the time of writing, the pair remained unchanged at 0.9817 level. Key Levels Resistance Levels: 1.0231, 1.0027, 0.9876 Support Levels: […]

2019 has been a year of contrasts for the UK gambling industry. For example, according to official Gambling Commission figures the gross gambling yield for the year between April 2018 and  March 2019 has been a very healthy £14.4 billion, but this is still a 0.6% decrease on the revenue for the same period for […]

Europa Oil and Gas shares (LSE:EOG) has started a strong rally in the context of an uptrend and that may result in a Golden Cross, i.e. when price crosses the EMA 200 to the upside. 4 EMAs are used for this analysis and they are EMAs 10, 20, 50 and 200. The color that stands […]

PZ Cussons Plc stock (LSE:PZC) has sunk to a new low, plummeting towards the support level at 170.00. The bounce that follows is merely a ruse to deceive impatient bulls. Price moved in a zigzag mode within the upper and lower Trendlines between October and December 2019, while it eventually moved below the lower Trendline, […]

Key Resistance Levels: $0.30, $0.40, $0.45 Key Support Levels: $0.25, $0.20, $0.15 XRP/USD Long-term Trend: Bearish Ripple has depreciated further and it is now trading at $0.18 at the time of writing. The price was previous fluctuating between the levels of $20 and $0.23. It was assumed in the previous analysis that if the bears […]

GBPJPY Price Analysis – December 18 Since the trading session on Tuesday, the currency pair has fallen by almost 303 basis points against the Japanese yen. As for the near future, the GBPJPY exchange rate may recover on a cluster formed by the daily trend line at 143.07. If the cluster holds, a reversal is […]

Key Resistance Levels: $275, $300, $325 Key Support Levels: $200, $160, $120   BCH/USD Price Long-term Trend: Ranging Bitcoin Cash had been trading in the large price range between the levels of $200 and $240. Presently, the coin is now fluctuating at the bottom of the chart. In retrospect, the bulls break the $240 resistance line and […]

Do you want to start investing in stocks? Maybe you just want to make sure that you do everything you can to make sure that you make the right decisions along the way. Either way, you can find out everything that you need to know by looking below. Understand your Level of Risk Tolerance Another […]

Rockfire Resources Plc stock (LSE:ROCK) is in a very strong bullish trend, having broken out in November 2019, following a frustrating sideways movement. ADX period 14 is at the level 40, showing that the momentum in the market is very strong. DM+ is above DM-, showing that bulls have upper hands when compared to bears. […]

Canadian Overseas Petroleum Limited shares (LSE:COPL) are currently consolidating, in apparent weakness. A breakout is imminent. Looking at price more closely, it can be seen that the market is making weak attempts to rally, but that effort pales into insignificance when compared to the ongoing sideways movement. Bulls are intent on pushing price upwards but […]