Opinions

Bears Pave Way For Swissy To Move Lower

The USDCHF pair on the Daily Chart has been in a downtrend since 20 July 2021 when it registered the high price at 0.92316, followed by a series of lower tops and lower bottoms. On 29 July 2021, the USDCHF pair recorded the low price of 0.90831. Chart Analysis When applying Oscillator Analysis to the […]

Outlook For The EuroDollar Exchange Rate Into August 2021

Since the peak at the end of May, the Euro has fallen from a peak of €1.226 to a recent low point of €1.175 as better growth prospects in the US has deterred Euro bulls. But the US Dollar is struggling to maintain its upward momentum and a reversal (however brief) may be about to […]

GBPUSD – Bears Are Pushing The Price Lower

The Pound on the Daily Chart has been in a downtrend since 1 June 2021 when it registered the high price at 1.42482, followed by a series of lower tops and lower bottoms. On 20 July 2021, the Pound recorded the low price of 1.35710. Applying Technical Indicators When applying Oscillator Analysis to the price […]

Bears Are Out To Get AIRBNB

AIRBNB (NASDAQ: ABNB) on the 4-Hour Chart has been following an upward path since 17 May 2021, having found support at the $130.14. Price Analysis The formation of the Japanese candlestick reversal pattern known as Long White Body signalled the very beginning of the upward bias. The attractive price enticed investors who entered the market […]

American Electric Power Stock Is Reversing To The Upside

The American Electric Power Stock (NASDAQ: AEP) on the Daily Chart has been following a downward path since 20 April 2021, having found resistance at the $90,63. The formation of the Japanese candlestick reversal pattern known as Dark Cloud Cover signalled the very beginning of the downward bias. The attractive price enticed bears who entered […]

Microsoft Stock Is Propelled To Capture Higher Grounds

The Microsoft stock (NASDAQ : MSFT) on the Daily Chart has been in an uptrend since 12 May 2021 when it registered the low price at $238.07, followed by a series of higher tops and higher bottoms. On 23 June 2021, the stock recorded the high price of $266.81. Oscillator Analysis When applying Oscillator Analysis […]

EURUSD Is Plummeting To Lower Levels

The Euro on the Daily Chart has been in a downtrend since 25 May 2021 when it registered the high price at 1.22655, followed by a series of lower tops and lower bottoms. On 17 June 2021, the Euro recorded the low price of 1.19831. Price Analysis When applying Oscillator Analysis to the price chart, […]

A Technical Reversal To The Downside For Johnson & Johnson Stock

The Johnson & Johnson stock (NYSE: JNJ) on the Daily Chart has been following an upward path since 4 March 2021, having found support at the $151.44 level. The attractive price enticed bulls who entered the market with long positions and as a result they have pushed JNJ to higher levels, following a pattern of […]

Sterling US Dollar Update (GBPUSD)

In early March 2021, I suggested that Sterling was due a correction from its peak of $1.42; it fell to a low point of $1.3670, but then resumed its up-trend to re-test the highs of late-February. As is often the case, the new peak was only a fraction above the $1.4242 previous high, trading briefly […]

USDJPY- The Bulls Are In Control Eyeing More Gains

The Yen on the Daily Chart has been in an uptrend since 23 April 2021 when it registered the low price at 107.467, followed by a series of higher tops and higher bottoms. On 4 June 2021, the Yen recorded the high price of 110.319. Technical Analysis When applying Oscillator Analysis to the price chart, […]

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