The strong upside rally in the Dollar on Friday 1st of March 2019 saw the pair rallied strongly after continuously finding support at 61.8% (1.3119) Fibonacci retracement level. The support level also coincides with the […]
After the steep fall 87.33 high it reached in 2018, the commodity had seen breached series of supports level $69.54, $62.29 and $57.12 the black gold interestingly has find resistance to go further down at […]
Trade Idea: GBP/JPY had an interesting volatility in last week’s trading session. In line with the prevailing downtrend, the pair had a steep fall and now price action is showing a corrective move. I look […]
The month of December 2018 continued its Santa Claus rally as the Nigerian Stock Exchange (NSE) All Share Index (ASI) ended on a positive note close the month at 1.80%. This is the 10th consecutive […]
Two most basic yet effective technical patterns are the support and resistance. Whether you are a short term (speculator/growth) or long term (value) investor in the equity, bonds or derivative markets an understanding and effective […]
British pounds all about Brexit. The chart gives an insight into what the market expects (last updated 12th October, 2018). Technical view – more downside likely.
Using the The Nigerian Stock Exchange (NSE) All Share Index trend analysis shows what investors thinks about the 4 different administrations from 1999 – 2018. Interesting to note.
Banking Sector The banking sector witnessed a marginal drop in value in the past trading week as it depreciated by 0.20% to close at 273.70 basis points. Year to date currently stands at negative 0.23%. […]