Technology

GOLD (XAUUSD) Dominant Bias: Bullish Gold went downwards in June, but went upwards in July, thus recovering some of the losses sustained in June. In July, a low of 1204.53 was reached, while a high of 1270.63 was also reached – showing bull’s supremacy. The bullish effort that was made last month has resulted in […]

Here’s the market outlook for the week: EURUSD Dominant bias: Bullish EURUSD, which has generally been bullish this year, went upwards by 100 pips last week, testing the resistance line at 1.1750. Some attempts were made to breach the resistance line to the upside, but to no avail. However, the resistance line remains under siege […]

Mobile Streams shares (LSE:MOS) are not currently attractive. In fact, the market has been caught in a protracted base, and a major breakout is imminent. The more protracted the base is, the more the chances of a major breakout when it does occur. This does not necessarily mean it would favor the bear. Price can […]

Ascent Resources stock (LSE:AST) is now a “buy.” The indication in the market has revealed the bull’s intent in pushing price northwards. Price has already gone above the upper Trendline and the RSI period 14 is now into the level 70. That reveals a strong buying pressure in the market. While there might be temporary […]

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Blue Star Capital stock (LSE:BLU) is extremely strong right now. The market had been in a tight consolidation in the past several months, before becoming a bull’s paradise. The consolidation was so tight that it formed a long-term base, and now it has broken out with a high momentum, skyrocketing. The ADX period 14 is […]

Vela Technology shares (LSE:VELA) are quite choppy, ugly and unattractive. The market has been going in a zigzag manner. Price is a kind of bullish, but that signal is not that strong. Right now, price is above the EMA 21, while the Williams’ % Range period 20 is in the overbought territory. That means there […]

Bitcoin. Most people have heard the term. Now as common as Starbucks or George Clooney. Bitcoin is at once a system for payments and a digital money. And most Bitcoins are produced using a natural resource which is one of the worst cause of pollution worldwide. The next time you are thinking about investing some […]

AUS200 Dominant bias: Bearish This market has gone bearish since May and the bearishness has remained till now. There is a huge volatility in the market, which does not push price in a particular direction on a short-term basis, as the movement has been in a zigzag mode. This kind of action is supposed to […]

Providence Resources shares (LSE:PVR) have already generated a bullish signal, while the market environment is volatile. In the past few months the market was coming downwards gradually, but right now, price has crossed the EMA 21 to the upside. At the same time, the Williams’ % Range period 20 has already gone into the overbought […]