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Thursday, June 29, 2017

There is a bullish signal on UK Oil and Gas, just like EURJPY

UK Oil and Gas shares (LSE:UKOG) have gone northwards seriously (just as some currency pairs like EURUSD, EURJPY, GBPUSD, and GBPJPY, etc. have done). This has created a bullish outlook on the market and that is something which is expected to continue.


4 EMAs are used for this analysis and they are EMAs 10, 20, 50, and 200. The color that stands for each EMA is shown at the top left part of the chart. Price has already gone above the EMAs, especially the EMA 200, signaling a Golden Cross. The EMAs 10, 20 and 50 have been sloping upwards.

Right now, UK Oil and Gas is riding the current significant bullish momentum and price could reach the supply levels at 3.00, 4.00 and 5.00 within the next several months.

Azeez Mustapha

Market Analyst, Trading Signals Provider and Coach

  

Buy and sell Perfect Money/Payeer/Epay; get funded quickly: www.ituglobalfx.com.ng


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 There is a bullish signal on UK Oil and Gas, just like EURJPY

UK Oil and Gas shares (LSE:UKOG) have gone northwards seriously (just as some currency pairs like EURUSD, EURJPY, GBPUSD, and GBPJPY, etc. have done). This has created a bullish outlook on the market and that is something which is expected to continue.

4 EMAs are used for this analysis and they are EMAs 10, 20, 50, and 200. The color that stands for each EMA is shown at the top left part of the chart. Price has already gone above the EMAs, especially the EMA 200, signaling a Golden Cross. The EMAs 10, 20 and 50 have been sloping upwards.

Right now, UK Oil and Gas is riding the current significant bullish momentum and price could reach the supply levels at 3.00, 4.00 and 5.00 within the next several months.

Azeez Mustapha

Market Analyst, Trading Signals Provider and Coach

Traders’ Mindset: Traders' Mindset

Buy and sell Perfect Money/Payeer/Epay; get funded quickly: www.ituglobalfx.com.ng


Start your journey to permanent success: http://www.tallinex.com/open-account?i=128521 

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