Technical Analysis

Alibaba Group Holding Limited shares (NYSE:BABA) are essentially weak. The recent bullish attempt that was started in January 2021, got halted in February, and since then, price has been coming down. In this market, any rallies should simply be taken as opportunities to go short in the market. Price has gone below the lower Trendline […]

Cardano (ADA) is up by over 11% over the past 24 hours and currently trades at $1.5800 in the mid-Monday session. This bull run is the largest one so far since the start of June. The recent market rally pushed Cardano’s market cap above the $49 billion price point. Regardless the market cap is still […]

Key Highlights BCH retested $560 low and resumed upward move The altcoin is in a downward correction Bitcoin Cash (BCH) Current Statistics The current price: $629.02 Market Capitalization: $13,210,849,033 Trading Volume: $1,500,840,541 Major supply zones: $700, $720, $740 Major demand zones: $250, $230, $210 Bitcoin Cash (BCH) Price Analysis June 14, 2021 Bitcoin Cash (BCH) is […]

Key Resistance Levels: $1,900, $1,950, $2000 Key Support Levels: $1,750, $1, 700,$1,650 Gold (XAUUSD) Long-term Trend: Bullish XAUUSD is in an uptrend. Gold has risen tremendously from its previous low of $1,680 to $1,890. The market reached the high of $1,925 and was repelled. Gold retraced to the support of the 21-day SMA. The uptrend will […]

XAGUSD Price Analysis – June 7 After failing to profit from the weaker DXY on Friday, the XAGUSD saw some buying near the $27.00 mark. As buyers hunt for upside continuation, the pair is correcting but could be headed for a new high. As buying interest ramped up at the $27.22 level, silver is currently pushing up […]

EURUSD Price Analysis – June 6 The EURUSD is stuck between February’s high of 1.2243 and a long-term restricting horizontal barrier line, which if broken would open the way to the top of a larger uptrend that began in March 2020. The EURUSD indecisive market lacks follow-through buying beyond 1.2245 barriers. Overall, the safe-haven USD gains were […]

Exxon Mobil stock (NYSE:XOM) might resume its bullish trend after the current equilibrium movement in the market. Price went strongly upwards from December 2020, to March 2021, and then began to move sideways (equilibrium movement). That is supposed to end soon. The market is now below the EMA 21, but it would soon go above […]

Zoom Video Communications stock (NASDAQ:ZM) is essentially a bearish market. This market has been a disappointment to investors, and they may lose more money because of the weakness in the market, which will hold out long enough this year. Since December 2020, until date (May 2021), the general movement in the market has been bearish. […]

Amazon shares (NASDAQ:AMZN) are a bullish market in the near term. The market is also rising upwards after a serious bearish run that started early this month. 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 […]

Microsoft Corporation stock (NASDAQ:MSFT) has resumed its uptrend, following the recent bearish movement that got rejected around the support level at 240.00. Price is expected to go further upwards. The RSI period 14 is now above the level 50, and will rise until it reaches the overbought region around the level 70 (and the market […]