Jul 26 2017 @ 19:26
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 […]
Jul 24 2017 @ 00:13
The USD/CHF went south by 180 pips last week, having lost about 620 pips since May 11. There is a huge Bearish Confirmation Pattern in the chart and further downwards movement could be seen, as price goes towards the support levels at 0.9400, 0.9350 and 0.9300. On the hand, there could be a meaningful rally […]
Jul 22 2017 @ 20:04
Here’s the market outlook for the week: EURUSD Dominant bias: Bullish On EURUSD, bull was the clear winner last week. Price went upwards by 210 pips, breaking the multi-month high at 1.1600 and closing above the support line at 1.1650. Since June 27, price has gained 470 pips, and there is still more room for […]
Jul 21 2017 @ 09:57
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Jul 19 2017 @ 10:15
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 […]
Jul 19 2017 @ 10:09
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 […]
Jul 17 2017 @ 06:12
The EUR/JPY moved downwards last week, in the context of an uptrend. Price first went upwards to test the supply zone at 130.50, before it got corrected by 180 pips. The demand zone at 128.50 has tried to halt further correction, but price may break below it as it goes further southwards, thus invalidating the […]
Jul 15 2017 @ 23:44
Here’s the market outlook for the week: EURUSD Dominant bias: Bullish This pair has been going upwards since June 27, and the bullishness has been maintained. Price also went upwards last week, though in a zigzag manner, closing above the support line at 1.1450 on Friday, and trying to go for the resistance line at […]
Jul 15 2017 @ 23:05
San Leon stock (
LSE:SLE) has been going bearish, and it is supposed to remain bearish for a long time. The current spike in the market should be ignored. In the months of January, February and March, the market was caught in a thigh consolidation, but that has changed. Price went below the lower Trendline in […]
Jul 15 2017 @ 22:54
Amerisur Resoruces shares (
LSE:AMER) are currently a bear market. The bearish movement is very strong and it is expected to continue. 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 of the chart. All […]
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