BullBearMkt

BullBearMkt

Canadian Dollars recent rally has been impressive, despite the pullback, the currency could likely continue its uptrend next week - thanks to last Friday's impressive Employment Change report. A decent pullback of CADJPY pair to 80.498 & 80.050 is what is needed for the bull rally to continue the uptrend to next resistance level...

BullBearMkt

AUDUSD pairs poised to continue its "bullishness" next week with a target for reversal on the weekly trendline. However, if trendline is violated, then PT is a given...

BullBearMkt

Looking at gold daily chart, it's obvious the price is weakening but it is not yet time to start selling the precious metal. To short gold, price needs to violate swing low at 1480.34 (dotted arrows) a pullback will be a good time to short the market. As it stands, if the price is rejected between 1480.34 and 1493.18 (solid arrows), gold is still a buy. A break...

BullBearMkt

Dollar index has been making higher-highs but the last 2 days have witnessed bears dominating the index. Today's candlestick is yet to close, but it's probably likely to close with indecision -just on an intermediate support level. As every traders await Nonfarm Payroll report tomorrow, the question on my mind is - will the NFP drive dollar index down to re-test...

BullBearMkt Updated 

A reversal of GBPUSD could occur if the support can reject the pair 1.20541 and 1.21166.

BullBearMkt

ETI stock price attempt to continue downtrend after breaking the stock's all time low was finally rejected with the market full of panic sellers and hopeful buyers. Going forward, with I expect price to dip a little bit down in the coming weeks or months towards a critical zone between 6.20 and 7.00. It could possible start to rally immediately, but - that will...

BullBearMkt

EURUSD this week crashed below 1.1000 which is the lowest in 2 years, this has opened up the next major support to be tested. A rejected pullback in the coming week(s) could see fiber kissing its lower levels... PLAN YOUR TRADES AND TRADE YOUR PLAN

BullBearMkt

While NZD has been on a decline for couple of weeks, GBP on the other hand is strengthening. However, in the last couple of days, the GBP has been struggling to the momentum - creating lower-high. From H4, a break below 1.91958 could possibly indicate the pair will test the rising trendline or the next support at 1.90264. PLAN YOUR TRADES AND TRADE YOUR PLANS

BullBearMkt

EURGBP pair has just made another lower-low on H4 thereby inviting more BEARS (lol!). A retracement to 0.90473 and 0.90621 could be a good sell entry for a nice profit. Better sell entry will be established on lower time frame possibly in the London session tomorrow. PLAN YOUR TRADES AND TRADE YOUR PLANS

BullBearMkt Updated 

AUDCAD pair is weakening for the last couple of weeks and a recent pullback from previous low at 0.8889 is now ready to fall again. This time probably re-testing 0.8889. Partial profit is set at 0.89379 while a stop loss is at 0.90577. Risk/Reward for this short trade is 1:1.3 PLAN YOUR TRADES AND TRADE YOUR PLANS

BullBearMkt Updated 

With DAX index breaking the swing low at 11610, this is a good setup for a short trade. I a pullback to 11700 before the index begins its downtrend to around 11300 zone...

BullBearMkt

Looking at the weekly chart for DAX index, it is looking really bearish at the moment and could be heading to 9903. The index can temporarily rally to 12233 where much bears are waiting to send it downward again. This time around, there will be no escape route until it kisses between 10282 and 10685. Bulls at this zone likely to make the index rally short term...

BullBearMkt

If respite do not come for Brent Oil in terms of buyers to increase demand between 50 and 55.25, the black gold is likely to make a higher low at around 36 in a couple of months. Looking at the chart, it took Brent Oil about two and half years to rally from its low at 27.08 in January 2016 to its high at 86.72 during October 2018. Since after that, it has being on...

BullBearMkt

If you missed the recent EURUSD rally (), don't worry, another opportunity is around the corner. I expect a short pullback on the pair to 1.11141 minimum, but my conservative buy entry is at 1.11033... PLAN YOUR TRADES AND TRADE YOUR PLANS...

BullBearMkt

Past 4 trading days of the Nigerian Stock Exchange have been visited with ferocious bulls also with decent volume. Looking at the chart of the top 30 companies of the exchange, one cannot but think the bottom is likely around the corner. What I intend to see to call a "bottom" for the market is for price to re-test the low and possibly to be rejected before making...

BullBearMkt Updated 

A pullback on GBPCHF is the perfect entry to drive the pair up

BullBearMkt

EURUSD pair is likely gathering momentum to begin a short-term rally on H4. With the daily close on Friday, I expect the pair to retest the swing low created on Friday (which may possibly drag to 1.10600 zone due to later news today). Ultimately, the pair is likely to reverse, break the trendline to commence uptrend towards 1.18000 zone and possibly 1.12400. PLAN...

BullBearMkt

The precious metal still have momentum to push it's price higher above 1600. I expect gold to re-test recently created swing high at 1453 and if proven strong enough, price will be driven up above 1600. A price above 1600 will expose the metal to the next resistance at about 1800 and subsequently 1900. PLAN YOUR TRADES AND TRADE YOUR PLANS...