Technology

Annual Forecast for S&P 500 – 2020

15 Jan 2020 @ 16:17
S&P 500 chart (SPI:SP500) is really a protracted bull market. In spite of disturbing news from all over the worlds, the market has been making news lower highs and higher highs. The historical data depicts fierce battles between bulls and bears between August and October 2019. The impasse ended in October that year and a […]
 

Gold Stays Constricted In A Restricted Trading Range Around $1550 Level

11 Jan 2020 @ 12:03
XAUUSD Price Analysis – January 10 Gold rose in price in response to the grim release of NFP in the US, although it lacked a strong follow-up from buyers and stayed within the trading range of the previous session. Over the past 24 hours, the yellow metal has been trading in a limited trading range […]
 

Annual Forecast for Facebook (FB) – 2020

01 Jan 2020 @ 17:45
Facebook shares (NASDAQ:FB) are a bull market despite the current short-term weakness. The current bullishness started in October 2019, as price grinds higher and higher, albeit with low momentum. ADX 14 is at the level 20 (low momentum), and DM- is intertwined with DM+ as one is not clearly above the other. The market is […]
 

Cosmos (ATOM) Bounces But Struggles At $4.50 Resistance

01 Jan 2020 @ 17:30
Key Resistance Levels: $5, $6, $7 Key Support Levels: $3, $2, $1 ATOM/USD Price Long-term Trend: Bullish Cosmos is now in a bull market. Currently, the coin is trading below the $4.50 resistance. In retrospect, the bear market was terminated at a low of $2 and the coin rebounded. The upward move was resisted at […]
 

Stellar (XLM) Pullback Inconclusive, Further Selling Pressure Likely

25 Dec 2019 @ 20:52
Key Resistance Levels: $0.09, $0.10, $0.11 Key Support Levels: $0.06, $0.05,$0.04 XLM/USD Long-term Trend: Ranging Stellar has been relatively slow in price movement. On December 17, the coin fell to a low of $0.042. In defense of the current low, the price pulled back to a high of $0.046. The price movement has been insignificant as […]
 

What’s in store for the UK gambling industry in 2020?

24 Dec 2019 @ 01:09
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 Plc price analysis: EOG begins a rally that may culminate in a Golden Cross

19 Dec 2019 @ 13:49
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 […]
 

XRP Price Deepens At The Oversold Region As Buyers Emerge

19 Dec 2019 @ 11:47
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 […]
 

Sterling Advances Barely Hours To UK Elections As Latest Poll Predicts Conservatives Win

11 Dec 2019 @ 22:40
In just hours from now, a major event that will set the trend for the currency market for the year 2020, the UK elections will be held. In the face of a Brexit extension, UK prime minister had pushed for an earlier election in the hopes of having a majority conservatives win in the parliament […]
 

Bitcoin Cash (BCH) Holds At The Bottom, Is The Consolidation Ongoing?

11 Dec 2019 @ 21:41
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 […]
 
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