BullBearMkt

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...

BullBearMkt

With AUDUSD breaking the H4 trendline possibly making ready for a temporary rally. A price drop to 0.67260 zone is what is left for the rally to begin... PLAN YOUR TRADES AND TRADE YOUR PLANS

BullBearMkt Updated 

Gold Rally to 1500... Gold briefly touches the swing high created in February this year before the little pullback. A break above 1346 is imminent and this indicates more swing highs will be violated. A break above 1360 resistance will finally expose gold to the resistance at 1525 as shown in this chart. After the initial break of 1360, gold will attempt to...

BullBearMkt Updated 

Trading week ended in undecided whether the bears should continue dragging the currency pair down or bulls should start taking the pair upward. Next week will be an interesting runs for AUDCAD. A risk/reward of 1:3 could be in play. However, in other to achieve this, resistance at 0.90295 and 0.91000 needs to be violated by the bulls to push the pair to profit...

BullBearMkt

Brent oil is expected to make a pullback on H4 timeframe before making another uptrend to a 60.00 zone or to 65 level if this week crude oil inventory is well below the forecast .

BullBearMkt

With the intra-day rally for EURUSD, the pair could possibly make more uptrend to 1.13459.

BullBearMkt

With the intra-day rally for EURUSD, the pair could possibly make more uptrend to 1.13459.

BullBearMkt

In this critical bearish period on the NSE market, one of the stocks that is still "not following the general downtrend" is FCMB in the banking sector. For the past couple of weeks, 1.55 level have been rejecting any attempt for price to move the stock price below this level. Will this level continue to keep the bears at bay or will it be violated? A buy entry...

BullBearMkt

As an update to my last post on ETI, during this past trading week, ETI price attempted to pass through its all time low, however this was rejected with the week ended in indecision candlestick. The question is: will ETI rally in the coming weeks or what we have is a pause before bears continue the downtrend? Risk: Major trend is downtrend and also the index is...

BullBearMkt Updated 

With the Bears pushing down EURNZD down for couple of weeks, the Bulls are now ready to pullback the pairs...

BullBearMkt

EURAUD is likely to see upward runs on another re-test of the recent low IF price is rejected at these "buys" levels as shown on the chart.