Technical Analysis

Serica Energy Plc stock (LSE:SQZ) is currently in an uptrend and that is expected to continue in spite of the current pullback (which is shallow anyway). This bias on the market has often been bullish and that has remained unchanged. The market is currently above the upper Trendlines, and as long as it does not […]

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 […]

Key Resistance Levels: $1,900, $1,950, $2000 Key Support Levels: $1,750, $1, 700, $1,650 Gold (XAUUSD) Long-term Trend: Bullish Gold’s (XAUUSD) price is above the moving averages but faces rejection at $1,800. The market ought to rise as prices are above the moving averages. The bulls are yet to keep the price above the moving averages. Since […]

Key Levels Resistance Levels: $26, $28, and $30 Support Levels: $24, $22 and $19 XAG/USD Price Long-term Trend: Ranging XAG/USD price is in a sideways trend but battles the overhead resistance at $28. Following the uptrend on August 3, Silver rallied to a high of $28. The bulls could not sustain the bullish momentum above the […]

NZDUSD Analysis – Bearish Bar Aim to Break Over the 0.67000 Price Level of Influence NZDUSD bearish bar aims to break over the 0.67000 price level of significance. The bearish order of the market has been a major contributor to market formation. The more their tributes emerge from the market, the more influence they tend […]

Key Resistance Levels: 1.4200, 1.4400, 1.4600 Key Support Levels: 1.3400, 1.3200, 1.3000 GBP/USD Price Long-term Trend: Bearish GBP/USD pair is in a downtrend but may resume uptrend. The bears have pushed the altcoin to the low of level 1.3216. This is the previous low of December 7. The market will resume upward if the current support […]

ADA Price Analysis – December 18 An increase in the bears’ pressure may push the price to the support level of $0.98, below it is $0.82 level. Inability to break down the $1.11 by the bears may lead to price reversal and it may increase the price to resistance levels at $1.32, $1.46 and $2.64. […]

Omega Diagnostics Plc stock (LSE:ODX) collapsed towards the end of November 2021, following the gradual, protracted bearish movement of this year. Following the collapse (a big dip) there is a short term rally. Is this rally anything to take serious? The ADX period 14 is close to the level 20, meaning that the momentum in […]

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 […]

Silver (XAGUSD) Price Analysis – December 9 Silver (XAGUSD) remains under pressure, having pared a corrective drop from a multiday low on Friday. After the drop to $22.03 lows, the white metal might reinforce the recent bounce towards the $23.00 level. As risk flows dominate the financial markets, the white metal continues to attract buyers. Key […]