Technical Analysis Archives

1 Minute

Forex

USD Index Price Analysis: Lack of direction points to some side-lined trade

News June 7, 2023 0 Comment

Share: DXY fades Tuesday’s uptick and returns to the sub-104.00 region Further choppiness seems probable in the near term . DXY leaves behind Tuesday’s decent gains and resumes the downside below the...

3 Minutes

Stocks

Advanced Micro Devices Stock Forecast: AMD rally stuck in $120-$130 resistance thicket

News June 7, 2023 0 Comment

Share: Advanced Micro Devices has received an upgraded price target at $150. AMD stock rose more than 32% in May, but now finds itself stuck in a significant resistance range. CEO Lisa...

1 Minute

Stocks

If CPB passes the level of $52, then it could reach its next resistance level of $54

News June 7, 2023 0 Comment

Share: Today’s instrument is the Campbell Soup Co.‘s stock traded in NYSE exchange under the ticker CPB. Looking at the CPB‘s chart, we can see that it was lastly traded at around...

1 Minute

Forex

EUR/GBP: Balancing between its resistance level of £0.8580 and its support level of £0.8630

News June 7, 2023 0 Comment

Share: EUR/GBP Looking at EURGBP’s chart, we can see that the FX pair has been in a downtrend in the past month, and it is currently traded at the rate of around...

0 Minutes

Commodities

Forex technical analysis and forecast: Majors, equities and commodities

News June 7, 2023 0 Comment

The currency pair has completed a wave of decline to 1.0666 and a correction to 1.0700. Today the market continues developing a structure of decline t Source link...

1 Minute

Forex

Brent Oil to regain downward momentum on failure at $81 – SocGen

News June 7, 2023 0 Comment

Share: Brent is inching towards first resistance at $81. Economists at Société Générale analyze the technical outlook. Recent peak at $86/87 remains a key resistance zone Daily MACD has started posting positive...

3 Minutes

Stocks

Is verizon’s 7% yield too good to pass up?

News June 7, 2023 0 Comment

Share: Key points Verizon is a blue-chip tech stock paying more than 7% in yield. The analysts view the stock as undervalued at current levels and see nothing but upside for share prices. ...

1 Minute

Bitcoin

Bitcoin (BTC/USD) short term five swing bearish sequence favors lower [Video]

News June 7, 2023 0 Comment

Share: Bitcoin (BTCUSD) decline from 4.14.2023 high shows a 5-swing sequence suggesting further downside can’t be ruled out. A 5 swing sequence typically is an incomplete sequence and can see more downside...

3 Minutes

Commodities

Gold Price Forecast: XAU/USD appears ‘sell the bounce’ trade below 21 DMA barrier

News June 7, 2023 0 Comment

Share: Gold price is treading water near $1,960 after pausing Monday’s rebound. Absence of top-tier United States economic data leaves US Dollar in limbo. Gold price is likely to extend the range...

0 Minutes

Commodities

Commodities, Bonds, USDJPY, EURUSD, AUDUSD,DXY, US Gold, Silver, Ore,Copper Lithium,Nickel, Oil, Gas

News June 7, 2023 0 Comment

Commodity Market Technical Analysis Elliott Wave and Trading Strategies Content: US Bond Yields, USDJPY, EURUSD, AUDUSD,Dollar DXY, US Gold, GDX, Silv Source link...