Azeez Mustapha

Here’s the market outlook for the week: EURUSD Dominant bias: Bullish This pair did nothing significant last week: It only moved sideways. However, the bullish bias on the market has been maintained because bulls have been able to their own weight, and when a breakout occurs, it would take price above the resistance lines at […]

Paypal Holdings shares (NASDAQ: PYPL) are in a bullish mode, despite the recent pullback. Price is expected to rise up again to continue the extant bullishness in the market, as the analysis below shows. Price is essentially above the upper Trendline – even able to stay above the upper Trendline irrespective of recent pullback. The […]

Tesla Inc. stock (NASDAQ:TSLA) is currently bullish, though the recent market condition is quite choppy. Price is supposed to go upwards, which see. 4 EMAs are used for this strategy and they are EMAs 10, 20, 50 and 200. The color that stands for each EMA is shown at the top left part of the […]

Since January 11, the Cable went upwards by 800 pips, reaching a high of 1.4345. Thursday and Friday saw a pullback in the market, and while price may go upwards again to test the distribution territories at 1.4300 and 1.4350, there would soon be a serious pullback, which may signal a start of a bearish […]

Here’s the market outlook for the week: EURUSD Dominant bias: Bullish This week, EURUSD assumed one of its strongest movements in recent times. Since December 18, 2017, price has gained 800 pips. It gained almost 600 pips in January 2108, and over 300 pips last week, almost reaching the resistance line at 1.2550 (and pulling […]

Ebay stock (LSE) is in an uptrend, with a Bullish Confirmation Pattern in the market. There is still much room for the market to go northwards as we shall see. Apart from the downwards movement that was seen in October and November 2017, the trend in the market has generally been bullish. Price is above […]

Verizon Communications shares (NYSE:VZ) are a bull market, which is supposed to continue. From August to November 2017, the trend was largely neutral. But in November 2017, a bullish journey started, which has become strong, and which has held out till today. The ADX period 14 is around the level 30, which signals a considerable […]

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The EUR/USD consolidated throughout last week, neither going above the resistance line at 1.2300 (which was tested unsuccessfully), nor going below the support line at 1.2150. This week, there is going to be a directional movement, which would most probably favor bears, for the outlook on EUR pair is bearish for this week. EUR/USD: The […]

Here’s the market outlook for the week: EURUSD Dominant bias: Bullish This pair consolidated throughout last week, moving between the resistance line at 1.2300 and the support line at 1.2150. The resistance line at 1.2300 was tested unsuccessfully, and it is unlikely that price would stay above it, even if it tested again. There is […]