Jun 09 2016 @ 07:19
Sentiment is bullish and the S&P 500 is not far away from making a new all-time high. Stock markets don’t make all-time highs for the wrong reasons. It seems we live in a world where men and women can dictate the direction of the stock market. They’ve done it with quantitative easing, and now with […]
Jun 08 2016 @ 01:38
Gulf Keystone stock (
LSE:GKP) has been in a bearish mode for a long time, against the expectation of analysts and investors. Well, the reality is that the stock is under selling pressure and there is no end in sight, for the bearish trend. In the past two months, price has been moving sideways in the […]
Jun 08 2016 @ 01:32
Premaitha shares (
LSE:NIPT) are expected to plummet further, in conjunction with the ongoing bearish outlook on the market. The market has been consolidating since May 2016 – something that may continue as such or result in a breakout, which could most probably favor bears. The Williams’ % Range period 20 is in the oversold region […]
Jun 05 2016 @ 19:17
AUS200 Dominant bias: Bullish This market is in a precarious situation. While the bias on it is bullish, bears are very active in it the present, and this has made short-term bearish signals to be generated on smaller timeframes like hourly and 4-hour charts (whereas the long-term signal is bullish). Unless price goes below the […]
Jun 05 2016 @ 17:16
The USD/JPY dropped 450 pips last week, testing the demand level at 106.50. The next target to be reached is the demand level at 105.50, since there is a Bearish Confirmation Pattern in the market. There is also a possibility of bullish reversal this week. EUR/USD: This pair shot upwards on Friday, overturning the bearish […]
Jun 05 2016 @ 03:09
Here’s the market outlook for the week: EURUSD Dominant bias: Bullish This pair moved sideways from Monday to Friday, in the context of a downtrend. The downtrend was forcefully overturned as the pair shot skywards by 220 pips on Friday, closing at 1.1365 on the same day. The bias has turned bullish, but there is […]
Jun 03 2016 @ 07:39
Recent price action in crude oil and the S&P 500 contradicts the position of the FTSE 100. There is a divergence between the FTSE and the S&P, the S&P is trading near this year’s high but the FTSE is well below its high (6427.5). Crude oil is trading well above the levels seen at the […]
Jun 02 2016 @ 04:28
“Trading requires you to be wrong on a regular basis – in fact you are wrong more often than you are right. And this constant grind requires a certain degree of fortitude to endure.” – Chris Tate There’s no way to become victorious easily. You don’t become victorious by trying to be victorious. You become […]
Jun 01 2016 @ 06:00
GOLD (XAUUSD) Dominant Bias: Bearish Gold dropped persistently in May 2016, reaching a high of 1303.53 and a low of 1199.79. This has resulted in a clean bearish outlook on the market, and in spite of the present weak bullish attempt, price is expected to continuing moving downwards this month, reaching the demand levels at […]
May 31 2016 @ 11:42
Plexus Holding shares (
LSE:POS) are expected to decline further. Although the price has been consolidating to the upside in the last few months, the overall bias on the market is bearish, plus the Death Cross effect is still in place. 4 EMAs are used for this analysis and they are EMAs 10, 20, 50 and […]