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Annual forecast for eBay (2021)
Feb 28 2021 @ 08:27
EBay shares (NASDAQ:EBAY) have been plummeting in this month, thus erasing the recent bullish gains that were made, especially from November 2020 to January 2021. Further short selling is anticipated this year. ADX period 14, is somewhere around the level 30, meaning that momentum remains strong in the market. DM- is almost crossing DM+ to […]
Have you invested in an extremely rare opportunity of a lifetime?
Feb 22 2021 @ 20:46
The Next “Buzz Word” Altcoins Last month, the Bloomberg Galaxy Crypto Index was at 1414.37, following a low of 217.82 in early March. BTC had made a new high yesterday at $51,630.86. Today (February 17) and the index was at 2,295.61. That’s a huge gain for one month. Let me put this into perspective. In […]
GBP/USD Sustains Upside Momentum, Reaches the High of 1.4025
Feb 22 2021 @ 20:34
Key Resistance Levels:1.4200,1.4400,1.4600 Key Support Levels: 1.3200, 1.3000, 1.2800 GBP/USD Price Long-term Trend: Bullish GBP/USD had been in an uptrend since September 2020. The price has been making a series of higher highs and higher lows. Today, the pair is trading at level 1.4025 at the time of writing. The RSI has indicated that price […]
USD/CAD Retests Level 1.2740, Resumes Downward
Feb 18 2021 @ 03:35
Key Resistance Levels: 1.4200, 1.4400, 1.4600 Key Support Levels: 1.3400, 1.3200, 1.3000 USD/CAD Price Long-term Trend: Bearish The Loonie is on a downward move. The downtrend was a result of the rejection at 1.2850 High. The pair fell to level 1.263 and corrected upward. The upward correction also faced another rejection at 1.2750. Nonetheless, the selling […]
Annual forecast for IBM (2021)
Feb 16 2021 @ 02:36
IBM shares (NYSE:IBM) are not an attractive market at all, as price is currently going downwards. Since bulls have long been overpowered here, a serious downtrend is about to resume. 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 […]
An important factor that determines your profitability (it’s not what you think)
Feb 11 2021 @ 23:45
When traders are looking for ways to become consistently profitable, they, sadly, tend to consider the wrong factors and looking for solutions in the wrong places. Yes, factors like hit rates, risk-to-reward ratios, risk control, etc. are very important to your career as a trader. Nonetheless, there is an important factor that determines your profitability, […]
AUDUSD Upside Run Holds Steady Past Mid 0.7700 Level As Risk-On Mood Undermines USD
Feb 11 2021 @ 23:32
AUDUSD Price Analysis – February 11 After it rebound from the prior week low at 0.7563 level, the AUDUSD pair has benefited from a sustained move past the MA 5 and 13 at the 0.7700 regions. The pair’s upside run continues to hold steady past the mid 0.7700 level as the underlying bias of a risk-on mood […]
Dogecoin Price Analysis — February 5
Feb 05 2021 @ 01:54
Dogecoin (DOGE/USD) saw an overnight rally of about 80%, indicating that Wall Street Bet’s crypto division still has plans for the cryptocurrency. Dogecoin came into the limelight following a 900% pump on January 28, which catapulted the meme cryptocurrency to rank as the tenth-largest cryptocurrency based on market capitalization for the first time since 2015. […]
Polkadot Price Analysis — February 5
Feb 05 2021 @ 01:37
21Shares, one of the world’s largest cryptocurrency exchange-traded products (ETPs), is releasing the very first Polkadot (DOT) ETP. The company announced earlier that the new product might get listed on the Swiss SIX exchange on February 4, 2021. The new ETP is coming just after Polkadot got added to 21Shares’ top ETP product Crypto Basket […]
Annual forecast for S&P 500 (2021)
Jan 30 2021 @ 02:16
S&P 500 price (SPI:SP500) has already generated a bearish signal, following a recent bullish movement, which started in November 2020. Price has crossed the EMA 21 to the downside and the Williams’ % Range period 20 is now sloping towards the oversold region. The market closes below the EMA 21 and the Williams’ % Range […]
