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Usoil Reaches an Overbought Region, May Face Rejection at $85.39
Jan 17 2022 @ 02:29
Key Resistance Levels: $80.00, $84.00, $88.00 Key Support Levels: $66.00,$62.200,$58.00 USOIL (WTI) Long-term Trend: Bullish USOIL has been in an uptrend but it may face rejection at $85.39. The index is retesting the previous high of $85.39. In previous price action in October and November, the bulls failed to break above the overhead resistance. Meanwhile, on December […]
Annual Forecast for EURJPY (2022)
Jan 15 2022 @ 08:21
EURJPY Annual Forecast – Price Is Set to Scale New Heights With a Bullish Flag Formation The annual forecast for EURJPY is for it to scale new heights, having conformed to a bullish flag formation. The bullish flag formation, an offshoot of the triangle pattern, began towards the tail end of 2020 as bulls began […]
Ashtead Group plc: AHT makes a renewed bullish effort
Dec 30 2021 @ 09:36
Ashtead Group plc shares (LSE:AHT) have made a renewed bullish effort, after the recent pullback in the market. The overall bias is bullish, although that is fraught with bearish corrections along the way. 4 EMAs are used for this analysis and they are EMAs 10, 20, 50 and 200. The color that stands for each […]
Genedrive Plc price: GDR enjoys a massive bullish trend
Dec 12 2021 @ 04:05
Genedrive Plc shares (LSE:GDR) are currently in a massive bullish momentum. There was a serious northwards breakout around the end of November 2021, and the breakout has been sustained till now, resulting in a bullish signal. Price is far above the EMA 21, and the William’s % Ranger period 20 is currently in the overbought […]
Touchstone Exploration price: Could this be an opportunity to buy TXP cheaper?
Dec 07 2021 @ 01:48
Touchstone Exploration Inc. shares (LSE:TXP) has just experienced a pullback amid some bullish effort. The bullishness started in September 2021, ending the trendless period that preceded it. The RSI period 14 is currently below the level 40, which means a “sell” signal. However, price itself remains between the upper and lower Trendlines. If price goes […]
EURUSD Hovers Near Multi-Month Low, Under 1.1250 Level
Nov 24 2021 @ 00:16
EURUSD Price Analysis – November 24 Throughout the session, the EURUSD pair remained on the losing side and was last seen moving with considerable losses around the 1.1250-36 level. The announcement that the White House has opted to reappoint incumbent Fed Chair Jerome Powell for a second term sparked the recent strong dip. The spot is trading […]
Totally Plc price: TLY generates a valid bullish signal
Nov 20 2021 @ 23:22
Totally Plc shares (LSE:TLY) are currently bullish. A valid signal has been generated, following the end of the recent bearish pressure in the market. From July 2021, to the send of October, the market movement was essentially bearish. But things have changed now. Price is already above the EMA 21. And at the same time, […]
Boohoo Group Plc price: BOO is currently under massive bearish pressures
Oct 08 2021 @ 21:37
Boohoo Group Plc shares (LSE:BOO) is currently experiencing major selling pressures. Bears have been attacking the market since May 2021 until this time. There is no end in sight for the current weakness in the market. Towards the send of September, price gapped below the lower Trendlines and trended further southwards. At the same time, […]
Union Jack Oil price: UJO to crash further
Sep 24 2021 @ 17:34
Union Jack Oil Plc shares (LSE:UJO) are currently in a maniacal downtrend. There was a perceived ranging movement in April and May 2012, which ended in the following month of June, as a bearish run sets in. There were desperate bullish attempts in June and July, but further northwards movements were rejected at a recalcitrant […]
Gold (XAUUSD) Is in a Downward Correction, Struggles Below $1.830 Resistance
Sep 10 2021 @ 03:04
Key Resistance Levels: $1,900, $1,950, $2000 Key Support Levels: $1,750, $1, 700,$1,650 Gold (XAUUSD) Long-term Trend: Ranging Gold (XAUUSD) is in a downward correction after its rejection at the high of level $1,900. Today, the Gold is rising after falling to the low of $1,782. The upward move will be accelerated if price breaks above the […]
