BullBearMkt

BullBearMkt

US Dollar Index is forming a rising wedge on the daily timeframe. If the swing high at 99.37 is violated, then the index still have further upside potential to hit the upper wedge before it collapses to return to the lower part of the wedge. However, there is possibility of the index being rejected at the swing high also. Finally, if the index violated the lower...

BullBearMkt Updated 

It took gold 2 days to overpower the selling pressure at 1520 level and now gunning for the second hurdle located from the current price level to 1547. If the bulls are able to demolish all bears at these levels, then gold is more likely to create another high. With that, the precious metal could be eyeing to equal 2012 high at around 1800...

BullBearMkt Updated 

On H4, bears are still in control creating lower-low and lower-high. Watch out for a little pullback to previous swing low.

BullBearMkt Updated 

Gold's attempt to break the swing low created in August seems difficult and for a couple of days, the metal has been lying on the trendline as if looking for the next order from either the bulls or the bears. At last gold obeyed the order from the bulls and now trending up. In order to keep the upward momentum, gold now needs to break 2 important levels on the...

BullBearMkt

Everytime EURUSD touched the downtrend line, it keeps bouncing back. It has happened 4 times in the recent past on H4. One or two more time, the pair is likely to violate this trendline and commence another impulsive wave to the upside. However, the sentiment could change bearish if the uptrend line is broken and price can keep going down...

BullBearMkt

Flourmill of Nigeira stock price might have kissed all time low and might have seriously suffered due to whatever reasons, the current outlook of the stock should not be overlooked at the moment. Price struggling to break below support at 13.30, intermediate trendline now violated and the increase in volume - all these are pointers to better things to happen for...

BullBearMkt Updated 

If the pair gap-up when market opens, I look forward to selling CADJPY. With lower-low and lower-high established, the pair is ready to continue a downtrend move to the next support level

BullBearMkt

The uptrend going on with GBPUSD likely to witness loss of momentum for some few days until a clear path is determined for the weekly. Last week candlestick ended with indecision and the week's high or low will be tested next week in order for market to know a possible direction. As the bias is towards long trade, a re-test of last week low is more likely for...

BullBearMkt

Since June ending, the blue trendline has been sustaining the dollar index rally - dollar index has been moving above it. In a couple of days, if the rally could not break above 99.14, then a breakdown of the dollar index is imminent. If it struggles to close above 99.14, the possibility of re-testing the trendline before eventually dipping is most likely to happen.

BullBearMkt

With the pullback of the pair on the daily time frame, attention should be paid to support zone below Fib 61.8% level for possible reversal...

BullBearMkt

With the drones attack on Saudi Arabia's oil processing facilities, the tide is changing for the price of oil. Currently sitting on a daily support, UKOIL most likely to gap-up at market open to commence a new uptrend.

BullBearMkt

With the breakout of GBPCAD last Friday, the way is now smooth for the pair to attempt touching the long-term trendline which is likely to come around 1.74

BullBearMkt

EURUSD rejected all attempt to bring it lower below 1.09260 and it's now poised for a rally above 1.12000

BullBearMkt

The pair recently broken an intermediate trendline. After a pullback, the impulse is expected to continue possibly above 80

BullBearMkt

With the pair breaking swing highs, what is left on the daily chart is profit taking to commence the next stage of the wave pattern

BullBearMkt Updated 

Fiber impressive bullish run could be curtailed with the H4 trendline. It seems lot of bears are in waiting to eat-up the ragging bulls. If the bulls are more ferocious, then, the impact of the bears might be minimal...

BullBearMkt Updated 

When a pair made a Lower-high along with breaking a Swing Low creating a lower-low, then a selling signal is beckoning... lol!

BullBearMkt

GBPUSD last week created a new swing high on H4 before the little pullback before the close of New York. This week, I see more uptrend in the cable after a pullback to a support level. If the pair moves down to touch the bullish order candlestick, that will definitely be a BUY PLAN YOUR TRADES AND TRADE YOUR PLANS