Annual Forecast for Facebook (2018)

Facebook shares (NASDAQ:FB) have been able to maintain their bullishness so far, in spite of occasional bearish corrections, which are temporary in some cases.

The overall bias is bullish, and recently, the New Year has started on a bullish note, which promises further bullish movement in the year 2018.

The RSI period 14 is above the level 60, showing that the current bullishness in the market is strong. Price is also currently above the upper Trendline, ready to go further upwards.

The general direction for Facebook is upwards in this year 2018.

Azeez Mustapha

Market Analyst, Trading Signals Provider and Coach

Traders’ Mindset: http://www.advfnbooks.com/books/insights/index.html 

  

Source: http://uk.advfn.com/newspaper/authors/azeez-mustapha

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Annual Forecast for Gulf Keystone (2018)

Gulf Keystone stock (LSE:GKP) has assumed a bullish movement, which may translate into something spectacular this year.

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.

The EMAs 10, 20 and 50 are sloping upwards, while generating a short-term bullish signal. The EMA 200, nonetheless, is still sloping downwards, owing to the long-term bearishness in the market.

Should the market continue to move upwards, the bias would become bullish as a Golden Cross emerges (when price crosses the EMA 200 to the upside). The outlook on Gulf Keystone is bright this year, and everything should soon become bullish.

Azeez Mustapha

Market Analyst, Trading Signals Provider and Coach

Traders’ Mindset: Traders' Mindset

  

Source: http://uk.advfn.com/newspaper/authors/azeez-mustapha

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Technical Reviews for Gold and Silver (January 2018)

GOLD (XAUUSD)

Dominant Bias: Bullish  

Gold dropped massively in the first half of last month, reaching a low of 1236.21 on December 12, 2017. At that juncture, further bearish movement was rejected, as price went upwards by 7000 pips, ending the month on a strong bullish note. There is a Bullish Confirmation Pattern in the market and further bullish movement is anticipated throughout this month, although that does not rule out possibilities of temporary pullbacks along the way. Overall, Gold is supposed to gain at least, another 2000 pips in January.  

SILVER (XAGUSD)

Dominant Bias: Bullish

The movement on Silver last month was quite similar to the movement on Gold. Actually, November was flat, but a bearish movement was started in that month, which ran into December (until December 12, reaching a low of 15.6114). After the low of December was reached, the market assumed a strong bullish rally, which held out for the rest of December. Having gained 15,000 pips (before the current shallow bearish retracements), there is a strong bullish bias on the market. This means Silver would continue going upwards this January, reaching resistance levels at 17.2000, 17.5000 and 17.8000. The resistance level at 17.8000 may even be exceeded.

Source: www.tallinex.com

Market Analyst, Trading Signals Provider and Coach

Traders’ Mindset: Traders' Mindset

  

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