Azeez Mustapha

Microsoft shares (NASDAQ:MSFT) are currently bullish, and the bullishness has just been renewed after the recent pullback in the market, which occurred in the first several trading days of February 2018. The market has been going upwards in the last several month, and the dip that occurred this month was just an opportunity to enter […]

The USD/CHF consolidated on Monday, and then began to come down on Tuesday. Price has dropped 600 pips since January 10, and the support level at 0.9200 was tested before the current upwards bounce came into being. As long as the EUR/USD is being corrected lower, the USD/CHF would continue going upwards, leading to a […]

Here’s the market outlook for the week: EURUSD Dominant bias: Bullish Last week, this pair rose from the support line at 1.2250 and tested the resistance line at 1.2550 (a movement of 300 pips). After the resistance line at 1.2550 had been tested, price got corrected by 140 pips, closing below the resistance line at […]

Barclays shares (LSE:BARC) is currently in a downtrend. The market went upwards from November 2017 to January 2018. It has now started moving south. 4 EMAs are used for this analysis and they are EMAs 10, 20, 50 and 200. The color that stands for each EMA is at the top left part of the […]

Apple stock (NASDAQ:AAPL) is currently in a bearish trend as price has dropped steeply in January and February. Since price went below the lower Trendline, the RSI period 14 has also gone below the level 50. This signifies weakness in the market. There may be upwards bounces, but they should be ignored because the dominant […]

The EUR/USD had a strong bearish movement last week, which resulted in a bearish bias. Price dropped 240 pips, to close below the resistance line at 1.2250 on Friday. The outlook on EUR pairs is bearish for the week, and thus the bearishness in the market would continue, as price aims for the resistance lines […]

Here’s the market outlook for the week: EURUSD Dominant bias: Bearish This pair is bearish in the short-term, for price went southwards throughout last week, moving downwards from the resistance line at 1.2450, and nearly touching the support line at 1.2200. The support line would be breached to the downside, as other support lines at […]

FTSE 120 stock (FTSE:MCX) is a weak market, having plunged seriously in January and February 2018. The market is supposed to continue its bearishness this year. The market has gone below the EMA 21 and the Williams’ % Range period 20 is constantly in the oversold region. There is a strong Bearish Confirmation Pattern in […]

Twitter shares (NYSE:TWTR) is a bull market. For the past several months, price was going upwards in a slow and steady manner, prior to the current gap-up in the market, which has resulted in a strong bullish outlook. The gap-up has triggered a bullish bias, which ought to continue in spite of the current pullback […]

GOLD (XAUUSD) Dominant Bias: Bearish Gold is bearish in the short-term, and bullish in the long-term. The second half of December 2017 was very bullish, and the bullishness continued last month. On February 2, price dropped sharply, bringing about a short-term bearish signal. In spite of effort to push price upwards on February 5, bears […]