Sep 18 2017 @ 20:19
Purplebricks Group shares (
LSE:PURP) may remain strong in spite of the current pullback it is experiencing in the context of an uptrend. In the last several months, price has been in an uptrend. 4 EMAs are used for this analysis and they are EMAs 10, 20, 50 and 200. The color that stands for each […]
Sep 18 2017 @ 20:07
Insterserve stock (
LSE:IRV) has gapped downwards seriously and further downwards movement is expected. Strong volatility will follow the gap-down. Before the gap-down, price was a kind of consolidating. In August, price moved below the lower Trendline, eventually gapping downwards in September. The RSI period 14 is now in the oversold region. There could be some […]
Sep 18 2017 @ 08:39
Here’s the market outlook for the week: EURUSD Dominant bias: Neutral The market is bullish in the long-term and neutral in the short-term. There was a slight bearish movement last week, but that was not significant. This week, price would either go above the resistance line at 1.2050, to strengthen the long-term bullish outlook; or […]
Sep 17 2017 @ 19:57
The USD/JPY went bearish in the first week of this month and then went bullish last week. The market is bearish in the long-term and bullish in the short-term. This week, price could go further upwards by another 100 pips, but further bullish movement would be rejected, owing to a bearish expectation on JPY pairs […]
Sep 14 2017 @ 08:50
Gulf Keystone stock (
LSE:GKP) has been making serious bullish efforts in recent times, especially since August 2017. The bullish journey has already started. The ADX period 14 is above the level 50, suggesting a very strong momentum in the market. The DM+ is above the DM-, meaning that bulls are currently reigning. The MACD default […]
Sep 14 2017 @ 08:36
Plexus Holdings shares (
LSE:POS) are an ugly market, and it is better to stay away from it until there is a clear directional signal. The market trended downwards until March 2017, and since then, it has been caught in a very frustrating equilibrium phase, which has continued until now. The EMA 21 has become flat […]
Sep 11 2017 @ 06:39
Here’s the market outlook for the week: EURUSD Dominant bias: Bullish The pair went upwards last week, gaining about 200 pips. Price moved briefly above the resistance line at 1.2050, and then closed below it on Friday. There is a strong bullish outlook on EUR pairs this week, and therefore, the pair is supposed to […]
Sep 11 2017 @ 05:28
This pair gained a minimum of 270 pips last week, rising in the beginning of the week and testing the distribution territory at 1.3200. That distribution territory has been tested a few times and it would eventually be breached to the upside, as price targets another distribution territories at 1.3250, 1.3300 and 1.3350. EUR/USD: This […]
Sep 08 2017 @ 19:48
IQE stock (
LSE:IQE) has been going upwards in a perpetual bullish movement, creating opportunities to buy long on dips. The movement this year has been mostly bullish – with price going northwards in most cases. A few months ago, price even went above the upper Trendline, going further northwards. Around the same time, the RSI […]
Sep 08 2017 @ 19:40
Many selling opportunities have emerged on BNN Technology shares (
LSE:BNN). The market has been trending southwards for the past several months and that is a trend that is supposed to continue. 4 EMAs are used for this strategy and they are EMAs 10, 20, 50 and 200. The color that stands for each EMA […]