Stock Tipsters

Xtract Resources shares (LSE:XTR) should continue going down, and as such long trades do not make any sense in the market. This is a highly volatile market, and there has been a bearish movement since the beginning of February 2016 till now. Bulls are fighting desperately to push the price upwards, but their effort is […]

There is a pristine “buy” signal on Premier Oil (LSE:PMO), which has formed since the beginning of this month. The price is expected to continue going upwards as revealed by the price action in the chart. The ADX period 14 is not currently depicting any momentum in the market, but the DM+ is far above […]

Since March 29, 2016, the USD/JPY has dropped by 600 pips. Last week, the drop was over 350 pips. There is a strong Bearish Confirmation Pattern in the chart, which would hold out as long as the price continues to journey southwards. This week, bears would target the demand levels at 107.50, 107.00 and 106.50. […]

Here’s the market outlook for the week: EURUSD Dominant bias: Bullish In the context of a downtrend, EURUSD consolidated throughout last week. One big formidable barrier to further northward journey is the resistance line 1.1400 (though the resistance line at 1.1450 was also tested). Bulls were unable to breach the resistance line at 1.1400 to […]

WHAT YOU NEED TO KNOW ABOUT MASTER TRADERS – PART 6 “We do not have a crystal ball, so we do not know when this current losing period will end. However, we can look in the rear view mirror and see that when we experienced periods like this before, not only did we survive, but […]

Gulf Keystone stock (LSE:GKP) has been under selling pressure for several months. The trend was mostly bearish for the year 2016, and there is no end in sight for the bearishness in the market. 4 EMAs are used for the analysis and color that stands for each EMA is shown at the top left part […]

PayPal shares (NASDAQ:PYPL) are poised to trend upwards as revealed in the daily chart. The upward trend would continue for some months. In February 2016, price broke upwards and closed above the upper Trendline. Since then, the price has not returned into the Trendlines. The current price action shows that the bulls are determined to […]

The technical analysis for GBPUSD is still calling for more weakness, as the pair has been consolidating below the 200 SMA at H1 chart. However, we should note that the support zone of 1.4026 made a rebound which helped to push higher the Cable towards the resistance level of 1.4193. The pivot point level of […]

GOLD (XAUUSD) Dominant Bias: Bullish On the daily chart, Gold is in an uptrend; whereas a lower timeframe like the 4-hour chart shows that there is bearish pressure on the market. In the context of an uptrend, price was engaged in a bearish correction throughout the month of March, causing price to reach a monthly […]

The H1 chart structure for AUDUSD is still calling for a lower push towards the monthly pivot point of 0.7495, as the pair is still trying to find a strong bottom. However, the overall structure remains bearish because the Aussie may still be correcting the rally from the March 28th lows. If AUDUSD achieves in […]