Technical Analysis

The EUR/JPY experienced a nice bullish run last week, moving upwards from the demand zone at 133.50 and going far above the demand zone at 136.00. This movement of roughly 300 pips has resulted in a clear Bullish Confirmation Pattern in the chart, and this is a situation that could continue this week, for the […]

The bulls are still alive at H1 chart, but we don’t see yet a clear confirmation of a higher acceleration during this week on EURGBP. In our short term outlook, EURGBP is close to the resistance level of 0.7186 and if the pair achieves to break that zone, it would be expected to test the […]

GOLD (XAUUSD) Dominant Bias: Bearish Gold has been trending downwards recently, going below the supply level at 1199.00. The bias on the market is bearish, as efforts to push the price upwards have been invariably scuttled. Price consolidated for most part of the last week, and there could soon be a breakout to the upside […]

Here’s the market outlook for the week: EURUSD Dominant bias: Bearish EURUSD dropped below the support line at 1.0850 last week, but it could not stay below that line. From there, price rallied by over 150 pips, testing the resistance line at 1.1000. The overall bias remains bearish and it would be so, unless price […]

A Rule-based Swing Trading Method “This reminds me of the way many professionals trade. They are not looking to “shoot the moon.” They have set objectives and they exit when those objectives are reached. Doing so takes discipline and self-control, two ingredients needed by every trader who desires to become successful in this business.” – […]

A researched piece on the real reason why LGO is holding back production!! I hereby declare I am not invested in LGO nor do I intend to invest in LGO within the next 48 hours of this article being published. Hi, Today we are going to be looking at (LSE:LGO) and the 2000bopd Gourdron field […]

Plus500 stock (LSE:PLUS) has dropped like a stone following several months of consolidation phase. What is in the market is essentially a breakout in the favor of the bears, and the bias may continue as the price drops further south. The recent consolidation phase made the price move primarily between the Trendlines: a serious break […]

Iofina shares (LSE:IOF) have been showing some propensity to go south. Recently, the market conditions have been choppy as the bulls and the bears continue to struggle for supremacy. 4 EMAs are used for the analysis (the color that stands for each EMA is shown at the top left part of the chart). The EMA […]

EURJPY found dynamic resistance at the 200 SMA on H1 chart and it seems the lower continuation will remain alive during this week. The current structure is already showing a lower low pattern formation in place below the daily pivot point level of 134.29. If EURJPY does a breakout at the support zone of 133.27, […]

The USD/JPY moved upward by 200 pips last week. The upwards journey started at the demand level of 119.50 and it has gone beyond the demand level at 121.50. This bullish journey has put an end to the recent protracted equilibrium phase in the market: the price would continue its journey upwards as long as […]