Technology

Do you want to be a successful trader? Then you need to unlock your potential and develop the right habits and routines. Experience shows that people want to keep doing what they are doing, while expecting different results. In trading, that means they carry on trading in a certain way even when it brings poor […]

The prediction for Gulf Keystone stock (LSE:GKP) for last month has proven to be correct. This is a bull market, and it is supposed to continue being bullish. In the chart, the ADX period 14 is at the level 30, which means the momentum in the market is strong. The DM+ is above the DM-, […]

IQE shares (LSE:IQE) are currently consolidating. This is a quiet and somewhat “boring” market, but a storm is in the offing and that will cause a breakout to happen in the market, which will result in a directional movement. A closer look at the market, especially in the past several months, shows that the recent […]

GOLD (XAUUSD) Dominant Bias: Bearish Gold has ended its recent short-term neutrality by dropping 5000 pips in July. In fact, the current dominant bearish bias started on April 11 (following a long period of a boring, choppy market), and price has dropped over 15,000 pips since then, resulting in a Bearish Confirmation Pattern in the […]

Bahamas Petrol shares (LSE:BPC) has been going upwards since it broke upwards significantly in early May, 2018. Before then, price was in a tight consolidation, forming a strong base. In the context of a bullish movement, price ranged in June, only to begin to go further northwards seriously in July. 4 EMAs are used for […]

Edenville stock (LSE:EDL) has experienced what can best be called a false breakout.. The major bias is bearish, and thus, the current bullish breakout could end up being a temporary rally in the context of a downtrend. Price is above the EMA 11 but it is yet to close above it. Should price close below […]

SRT Marine Systems stock (LSE:SRT) has dipped amid a strong rally, and it is expected to recover, to continue the rally and go further upwards. 4 EMAs are used for this analysis and they are EMAs 10, 20, 50 and 200. The Color that stands for each EMA is shown at the top left part […]

GOLD (XAUUSD) Dominant Bias: Bearish Gold is bearish in the long-term, and neutral in the short-term. Apart from the noticeable downwards movement in the first half of May, price has not assumed any directional movement so far this week. A rise in volatility will be witnessed in this June, which would most probably favor bears, […]

Immupharma shares (LSE:IMM) gapped downwards massively in April 2018, and it has moved sideways since then. The ADX period 14 is at the level 40, showing the seriousness of the ongoing bearishness in the market. DM- is below DM+, meaning bears really have upper hands now. The MACD default parameters, has its histogram and signal […]

ETHUSD Medium-term Trend: Bullish Resistance: $435, $430, $425 Support: $405, $410, $415 The ETHUSD pair had a bearish outlook yesterday. The MACD line and the signal line were below the zero line. From the price action, Ethereum had a bearish view but it commenced a range bound movement. Today, price of Ethereum is in a […]