Mar 29 2020 @ 02:36
Tesla Inc. shares (
NASDAQ:TSLA) have been going downwards in what would rather be called a jumpy and erratic manner. The signal for the market remains bearish. The ADX period 14 is round the level 30, which means that the momentum in the market is great. The DM+ is below the DM-, which means bears are […]
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 @ 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 @ 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 @ 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 […]
Jan 29 2020 @ 03:29
The key points from today’s economic news, brought to you by Guardian Stockbrokers. UK CBI distributive trade survey’s retail sales balance remained steady in January In the UK, the CBI distributive trade survey’s retail sales balance remained flat at a level of 0.00% in January, compared to market expectations of a rise to a level […]
Jan 28 2020 @ 23:13
Netflix Inc. stock (
NASDAQ:NFLX) has been trending upwards gradually since September 2019, after the prior bearish movement was ended that month. There is still more room for bulls to push the market higher and higher. The ADX period 14 is around the level 30, which shows a considerable amount of momentum in the market. The […]
Jan 14 2020 @ 23:29
USDCHF Price Analysis – January 14 At the time of composing, the FX pair was trading at 0.9683 level, dropping 0.25% per day after discovering support around 0.9670 level. The USDCHF pair recovered its daily losses and was last seen trading at 0.9683 level, where it remained virtually unchanged during the day. Key Levels Resistance […]
Jan 14 2020 @ 23:17
S&P 500 chart (
SPI:SP500) is really a protracted bull market. In spite of disturbing news from all over the worlds, the market has been making news lower highs and higher highs. The historical data depicts fierce battles between bulls and bears between August and October 2019. The impasse ended in October that year and a […]