Mar 10 2020 @ 11:17
Twitter shares (
NYSE:TWTR) are largely directionless at the moment. This is a situation that is bound to change very soon. The market is quite choppy right now and the 4 EMAs (EMAs 10, 20, 50 and 200) do not agree with what the market is doing. The color that stands for each EMA is shown […]
Mar 10 2020 @ 11:06
PayPal stock (
NASDAQ:PYPL) has become essentially bearish, though bulls are making attempt to push price upwards. That currently seems like an exercise in futility. Price dropped below the lower Trendline, and bulls are unable to move it back above the lower Trendline. At the same time, the RSI period 14 is below the level 50, […]
Mar 10 2020 @ 11:00
Key Resistance Levels: $225, $250, $275 Key Support Levels: $150, $125, $100 ETH/USD Long-term Trend: Bullish Ethereum’s recent fall was caused by the bulls’ inability to sustain above $240 price level. Since on February 25, the market has been fluctuating above $220 before its upward move to the high of $246. As the price breaks […]
Mar 10 2020 @ 10:46
USDWTI Price Analysis – March 9 WTI oil futures for April delivery is in free fall mode on Monday after a price war between Saudi Arabia and Russia caused by last week’s OPEC+ meeting. On Monday, the oil price opened 11 percent lower and trading at a $27.40 level multi-year low, though not far from […]
Mar 06 2020 @ 07:07
Key Resistance Zones: 12800, 13200, 13600 Key Support Zones: 11600, 11200, 10800 Germany 30 (DE30EUR) Long-term Trend: Bearish DE30EUR index was in an uptrend since January 2019 but was ended in February 2020. The stoppage of the uptrend was that the market reached the overbought region. DE30EUR reached a high of 13800 and was overbought. The […]
Mar 06 2020 @ 06:45
USDCHF Price Analysis – March 3 The Fx pair stays on the defensive through Tuesday’s early European session into American session and is currently positioned close to the lower end of its daily trading range, around the low-level area of 0.9515. The risk-on flow helped the bond yields from the U.S. Treasury to stage a […]
Feb 29 2020 @ 23:02
Verizon Communications stock (
NYSE:VZ) has dropped sharply, following a long period of sideways movement. The outlook for this year remains bearish. Price was largely directionless from October 2019 until February 2020, when it began to trend downwards. The market is below the EMA 21 and the William’s % Range period 20 is also in the […]
Feb 29 2020 @ 22:45
Ebay Inc. shares (
NASDAQ:EBAY) are already showing signs of weakness, but the trend will not turn completely bearish until the demand zone at 33.00 is breached to the downside and price remains below it. In spite of what is said in the preceding paragraph, there is already a short-term “sell” signal in the market. The […]
Feb 29 2020 @ 10:01
S&P 500 Price Analysis – February 28 The S & P 500 has a deep pullback beneath Simple Moving Averages (SMAs) while selling pressure hit past 3100 levels downwards at new lows in 2020. The spread of Coronavirus makes investors fear global growth. Continuous stays beneath the stated level may increase further selling expanding down […]
Feb 29 2020 @ 09:47
Key Resistance Zones: 7000, 7100, 7200 Key Support Zones: 6100, 6000, 5900 Australia 200 (AU200AUD) Long-term Trend: Bullish The index is in an uptrend. It has been making a series of higher highs and higher lows. On July 29, 2019, the market reached its high of 6800. It was said to be in the overbought […]