Technical Analysis

BTCUSD Medium-term Trend: Bullish   Resistance: $9,500, $9,000, $8,500 Support: $6,500, $7,000, $7,500   Yesterday, April 18, price of Bitcoin which fell was as a result of price pullback. It was at the resistance level of $8,500 that it faced opposition. We also assume that if price of Bitcoin continues with fall in price, it […]

Daily analysis of USD/CHF for April 16, 2018 USD/CHF There is some form of bullishness on the USD/CHF. Since the support level at 0.9200 was breached on February 16, price has moved upwards by 440 pips, closing above the support level at 0.9600 on Friday. This week is supposed to be bullish, because USD will […]

ETHUSD Long-term Trend – Bearish Distribution territories: $600.00, $700.00, $800.00. Accumulation territories: $400.00, $300.00, $200.00.   Unlike last week, ETH/USD value this week maintained its increase on Wednesday and consolidated it on Thursday the 12th. Quite a significantly lower high has been witnessed, and the bearish outlook has yet not been convincingly outdone as far […]

Here’s the market outlook for the week: EURUSD Dominant bias: Neutral Irrespective of the bullish attempt that was witnessed last week, the outlook on EURUSD remains neutral. The neutrality has been ongoing for over 2 months, and the bullish attempt that happened last week pales into insignificance when compared to the overall outlook on the […]

Gulf Keystone stock (LSE:GKP) is now in an uptrend. The market has been going upwards for the past several months. For example, the market rose in November 2017, dipped and rose and dipped and rose again. Such is the behavior of this market. After consolidating in February and March 2018, price has moved above the […]

UK Oil & Gas shares (LSE:UKOG) are in a bearish trend. Price is currently under a Death Cross and will move further south. The market has been tending downwards within the past several months. 4 EMAs are used for this analysis and they are EMAs 10, 20, 50 and 200. The color that stands for […]

BTCUSD Medium-term Trend: Ranging Resistance: $7,100, $7,000, $6,900 Support: $6,500, $6,600, $6,700 Yesterday, April 9, the price of Bitcoin was in a bullish trend. Bitcoin traded up to $7,200 before the bears took control of the market and brought price to its low at $6,786.67. Price has resumed its range bound movement because neither the […]

ETHUSD Long-term Trend – Bearish Distribution territories: $500.00, $600.00, $700.00. Accumulation territories: $300.00, $200.00, $100.00. This week ETHUSD pair continues to trend southward almost the same bearish outlook as last week’s formation. On April 3rd, the price managed to form a lower high above distribution territory of $400.00, April 4th marked another noticeable bearish movement...

Here’s the market outlook for the week: EURUSD Dominant bias: Bearish The pair is bearish in the short-term, which is still a weak bias. Price went downwards last week, moving briefly below the support line at 1.2250, and closing above it on Friday. There are resistance lines at 1.2300, 1.2350 and 1.2400. Things will go […]

Immuphaama shares (LSE:IMM) rallies significantly this week, and this has made investor’s to jubilate. Price moved upwards from November 2017 to January 2018, and then went southwards from February 2018 till early March 2018. But things have changed… in April. Price is now above the EMA 21 and the William’s % Range period 20 is […]