Technical Analysis

EURUSD Primary trend: Bullish The EURUSD has been in a moderate bullish mode – save for the last bearish week (December 31, 2012 – January 4, 2013). Really the moderate bullish outlook still has much room to go, but there would be some serious short-term and medium term pullbacks along the way. These pullbacks could […]

Here are the latest extracts from Zak’s new premium blog AIM Stocks Charting It stars the likes of Petrel Resources (LSE:PET), Leni Gas And Oil (LSE:LGO) / Gulf Keystone (LSE:GKP) and most recently highlighting quadruple support for Gulfsands Petroleum (LSE:GPX) under 80p. Petrel Resources (PET): Support Above 200 Day Moving Average One of the best […]

Here are the latest extracts from Zak’s new premium blog AIM Stocks Charting It stars the likes of Petrel Resources (LSE:PET), Leni Gas And Oil (LSE:LGO) / Gulf Keystone (LSE:GKP) and most recently highlighting quadruple support for Gulfsands Petroleum (LSE:GPX) under 80p. Leyshon Resources (LRL): 200 Day Moving Average Bear Trap What can be said […]

Here are the latest extracts from Zak’s new premium blog AIM Stocks Charting It stars the likes of Petrel Resources (LSE:PET), Leni Gas And Oil (LSE:LGO) / Gulf Keystone (LSE:GKP) and most recently highlighting quadruple support for Gulfsands Petroleum (LSE:GPX) under 80p. Magnolia Petroleum (MAGP): Support Above May Resistance Although it can be argued that […]

  Here are the latest extracts from Zak’s new premium blog AIM Stocks Charting It stars the likes of Petrel Resources (LSE:PET), Leni Gas And Oil (LSE:LGO) / Gulf Keystone (LSE:GKP) and most recently highlighting quadruple support for Gulfsands Petroleum (LSE:GPX) under 80p. Xcite Energy (XEL): July Resistance / New Support In the end, it […]

Here are the latest extracts from Zak’s new premium blog AIM Stocks Charting It stars the likes of Petrel Resources (LSE:PET), Leni Gas And Oil (LSE:LGO) / Gulf Keystone (LSE:GKP) and most recently highlighting quadruple support for Gulfsands Petroleum (LSE:GPX) under 80p. Leni Gas & Oil (LGO): Support Above 200 Day Moving Average One of […]

Here are the latest extracts from Zak’s new premium blog AIM Stocks Charting It stars the likes of Petrel Resources (LSE:PET), Leni Gas And Oil (LSE:LGO) / Gulf Keystone (LSE:GKP) and most recently highlighting quadruple support for Gulfsands Petroleum (LSE:GPX) under 80p. Baobab Resources (BAO): Although it would be incorrect to suggest that the extended […]

EURGBP: SELL There is a Bearish Confirmation Pattern on the EURGBP chart as this analysis shows. 2 indicators are used (coupled with price action): the Simple Moving Average (SMA) period 21 and the Relative Strength Index (RSI) period 20. The price had been going upwards until the last week. The horizontal red line at the […]

Here are the latest extracts from Zak’s new premium blog AIM Stocks Charting It stars the likes of Petrel Resources (LSE:PET), Leni Gas And Oil (LSE:LGO) / Gulf Keystone (LSE:GKP) and most recently highlighting quadruple support for Gulfsands Petroleum (LSE:GPX) under 80p. Rockhopper Exploration (RKH): Multiple Bear Traps Rebound While there may be many traders […]

What kind of direction should be expected on Gulf Keystone (LSE:GKP)) in this year? The expectation is outlined below. Could this be bullish or bearish pressure? Here comes the he-goat, here comes the odor. On the chart above, the current bias is bearish – though precariously. The 2 indicators that are used: EMA 21 and […]