Plutus Pwrgen: A strong bull market

Plutus Pwrgen: A strong bull market

Plutus Pwrgen stock (LSE:PPG) is  a strong bear market. Price has been going southwards in the last several months, and there is still much room for price to go further southwards again.

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 corner of the chart.

All the EMAs are slopping downwards, showing a strong downtrend. Whenever price goes below the EMA 10 or 20, it shows a strong downtrend. Whenever price goes above the EMA 20 or 50, it shows some retracement. As long as price does not go above the EMA 200, the downtrend will continue.

Plutus Pwrgen is supposed to continue its downtrend. 

Azeez Mustapha

Market Analyst, Trading Signals Provider and Coach

Trading realities: Trading realities 

  

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

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Serica Energy price dips

Serica Energy shares (LSE:SQZ) have dipped massively, thus rendering invalid the short-term bullish bias in the market. There could be a rally attempt in the market, but price would go southward again, because a bearish signal has been generated in the market.

Price was forced to go below the lower Trendline as a result of a breakout in the market. The RSI period 14 is below the level 50. The bias on the market is now bearish.

Serica Energy would go towards the demand levels at 60.00, 50.00 and 40.00 within the next several months.

Azeez Mustapha

Market Analyst, Trading Signals Provider and Coach

Trading realities: Traders' Mindset

  

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

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

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E-currencies: Why do you ask us what we don’t offer?

At ItuGlobal/InstantForex…

We buy and sell:

NETELLER

PERFECT MONEY

SKRILL

PAYEER

And EPAY

We don’t do any cryptos exchange. So please don’t ask us for cryptos.

We don’t do ADVCash, Payoneer, PayPal, etc. So don’t ask us for it.

We wonder why people would be asking us about what we don’t offer on our website.

So, before you ask us the kind of e-currencies that we do, please find the list on our website. You’ll see the list of e-currencies we offer, plus bid and ask rates (sell and buy rates).

Perfect Money/Payeer/Epay/Neteller/Skrill: www.ituglobalfx.com.ng

Trading realities: http://www.advfnbooks.com/books/unlockpotential/index.html  

  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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Bitcoin Weekly Price Analysis – May 5

BTCUSD Long-term Trend – Bearish

Distribution territories: $12,000.00, $13,000.00, $14,000.00.

Accumulation territories: $8,000.00, $7,000.00, $6,000.00.

In spite of lower highs than lower lows on the BTC/USD pair, the long-term trend chart has not been able to make a significant move away from a bearish outlook. On April 29, the pair declined a bit below the accumulation territory of $9,000.00 and on May 1, it reversed northward towards the distribution territory of $10,000.00.

 The bulls are currently gaining momentum as the 13-day SMA is now above the 50-day SMA.

The Stochastic Oscillators have now dipped into the overbought zone and are also consolidating their movement within it. Accumulation territories from $8,000.00 and below remain foundational territories.

As it has been observed, the market seems to be recovering from several weeks of selling pressure. The bears are getting weaker against the bulls as has already been shown by price action. It is expected that sooner than later the bulls will eventually gain the hold of the market trend.

Going by this assertion, investors can continue with long entries while the price reverses from what seemingly looks like a bearish move. While traders can look out for long entries with proper money management of either ratio 1 to 2, or 1 to 3.

The views and opinions expressed here do not reflect that of CryptoGlobe.com and do not constitute financial advice. Always do your own research.

Source: https://www.cryptoglobe.com/markets/price-analysis

Daily analysis of major pairs for May 7, 2018

Daily analysis of USD/CHF for May 7, 2018

USD/CHF

This pair has normally been going upwards as EURUSD is going downwards. Price has gained over 800 pips since February 16 (it gained 130 pips last week). The great psychological level at 1.000 has eventually been reached and a lot of activity has started around that level, as bears are struggling to prevent bulls from pushing price above the level.

USD is supposed to continue being strengthened. However, bulls will eventually win the struggle, and enable price to stay above the psychological level at 1.0000, as another resistance level at 1.0050. The USD reigns.

Daily analysis of USD/JPY for May 7, 2018

USD/JPY

The bias on the USD/JPY is bullish, but the trend is in a precarious position. Price did not go upwards significantly last week, neither did the bearish correction that followed help the matter. Once the supply level at 110.00 was tested, price got corrected by 100 pips, moving briefly below the demand level at 109.00 and then closing above it on Friday.

Since the bullish bias is in a precarious situation, any movement below the demand level at 108.00 will result in a clear bearish signal.  A movement to the downside is very much likely this week.

Daily analysis of EUR/JPY for May 7, 2018

EUR/JPY           

This EUR/JPY cross has dropped by 300 pips since April 26. Roughly 250 pips were shed last week, owing to the weakness in EUR and a show of energy in JPY. There is a huge Bearish Confirmation Pattern in the market, and price is expected to continue going southwards, owing to the bearish outlook on JPY pairs this week.

The EUR is weak and the JPY is strong, and therefore, long trades are not recommended until it is clear that the situation in the market has changed. The demand zones at 130.00, 129.50 and 129.00 would be reached. 

Performed by Azeez Mustapha,

Analytical expert

www.instaforex.com    

InstaForex Companies Group

                                                                                                                    

Trading realities: http://www.advfnbooks.com/books/unlockpotential/index.html 

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

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