Technical Analysis

AUDCHF: SELL The price on the AUDCHF is embroiled in some determined bearish outlook as explained below. In the past several weeks, the market was in some clearly defined bullish mode, going upwards (though the upward journey was orchestrated by some temporary pullbacks). For instance, between January 14 to January 18, 2013, the price moved […]

EURUSD Primary trend: Bullish This instrument traded in an equilibrium zone for most of the week. Then there was an upside breakout on Thursday (January 24, 2013). Technical indicators are in support of a bullish outlook – something that could go further up. As more buying pressures come into play, the price would not find […]

The price on the Xcite Energy (LSE:XEL) is ready to go upwards this year. The price has survived some turbulence and would eventually shake off the effects. The hawk is ready to go on a journey, and a strong wind blows in its direction. The hawk says: “Time to go!” The EMA 21 and the […]

The outlook on the FTSE 100 (LSE:UKX) remains bullish. The bulls have been in power for a long period, and would continue to be in power. This fact is nothing strange: a coffin that has spent 3 years in a grave is no longer a stranger to the grave. On the chart the ADX period […]

EURNZD: SELL The EURNZD cross is expected to trade southwards in the next trading days, based on the analysis shown. Generally, the outlook for the EUR is not that bright, and the NZD (Kiwi) itself is having a measure of stamina. Looking at the chart, the market was in a short-term uptrend last week. That […]

Apple (NASDAQ:AAPL): A Year Of Pent Up Selling Pressure The inspiration for Lessons From The Financial Markets For 2013 was a two pronged one in the autumn of 2012, with the fiasco of the Facebook (NASDAQ:FB) as well as the rise and rise of Apple. The question is what would happen in 2013. Would Facebook […]

LEARN FROM GENERALS OF THE MARKETS – PART 20 “…And then people make the mistake of not working hard enough to keep improving.” – Stephen Temes Since 1998, Adrian Manz (PhD) has been a great market speculator, writer and speaker at trading conferences. He’s a co-founder of TraderInsight.com. He’s been earning his own livelihood for […]

Range Resources (LSE:RRL): Probable Falling Wedge Buy Formation While I am aware that on both a technical and a fundamental basis shares of Range Resources have presented more false dawns than an Arctic spring, it does look as though we are in the most encouraging position technically for quite some time. While this is no […]

Magnolia Petroleum (LSE:MAGP): 2011 Uptrend Line Given that Magnolia Petroleum is one of the most followed speculative situations on the UK stock market, I am aware that I have to choose my words carefully. The big plus points currently are the way that at 2.8p the shares have come back to test not only the […]

Greka Drilling (LSE:GDL): U Shaped Reversal While it is of course the case that after a 20% bounce today one would / could regard shares of Greka Drilling as being on the overcooked side, to consider that we have seen the best of what is on offer here in terms of the upside might more […]