Opinions

A Technical Reversal To The Downside For Aussie

The AUDUSD currency pair on the Daily Chart has been following an upward path since 1 April 2021, having found support at the 0.75308 level. Patterns And Indicators Confirm The formation of the Japanese candlestick reversal pattern known as Bullish Hammer signalled the very beginning of the upward bias. The attractive price enticed buyers who […]

Microsoft Stock – The Bears Are In Control, Eyeing More Decline

Microsoft (NASDAQ : MSFT) on the 4-Hour Chart has been in a downtrend since 27 April 2021 when it registered the high price at $263.17, followed by a series of lower tops and lower bottoms. Recent Price Analysis On 4 May 2021, MSFT recorded the low price of $245.76. When applying Oscillator Analysis to the […]

The Outlook For The FTSE 100

Long ago, the FTSE 100 ceased to be a domestically focussed Index; although domiciled in the UK, the vast majority of Index constituent sales (over 70%) are generated overseas, which explains why the Index tends to move inversely with the Sterling exchange rate. Early Warning? One of the less well-known realities is that the Index […]

EURUSD Bullish Since 31 March 2021

The EURUSD currency pair on the 4-Hour Chart has been in an uptrend since 31 March 2021 when it registered the low price at 1.17033, followed by a series of higher tops and higher bottoms. On 29 April 2021, the EURUSD currency pair recorded the high price of 1.21492. Technical Signals When applying Oscillator Analysis […]

Oil Slides Due To Indian COVID-19 Resurgence

Despite its 1.2% advance on Friday, oil commodities fell to below 62 USD a barrel on Monday amidst India’s deteriorating COVID-19 crisis. The oil market is being impacted greatly from India’s recent virus flare-up, even though other nations present strong recovery statistics. This is mainly due to the fact that India is the world’s third-largest […]

eBay Stock Price Plummeting To Lower Levels

eBay (NASDAQ : EBAY) on the 4-Hour Chart has been following an upward path since 5 March 2021, having found support at the $51.50 level. The formation of the Japanese candlestick reversal pattern known as Bullish Hammer signalled the very beginning of the upward bias. The attractive price enticed investors who entered the market with […]

Large Traders Hint At Next Move In EUR/USD

The clear failures in the European response to the pandemic and vaccine rollout has undoubtably had a negative effect on the Euro/Dollar exchange rate, as forecasts for economic recovery in the Euro zone have been pushed further back. The progress being made in both the UK and the US has only highlighted the dichotomy between […]

Aussie Bulls Staging A Comeback

The AUDUSD currency pair on the Daily Chart has been following a downward path since 25 February 2021, having found resistance at the 0.80064 level. The formation of the Japanese candlestick reversal pattern known as Bearish Engulfing signalled the very beginning of the downward bias. The attractive price enticed investors who entered the market with […]

The Bears Are Setting Eyes On Swissy

The Swissy on the 4-Hour Chart has been in a downtrend since 1 April 2021 when it registered the high price at 0.94718, followed by a series of lower tops and lower bottoms. On 7 April 2021, the Swissy recorded the low price of 0.92673. Technicals When applying Oscillator Analysis to the price chart, one […]

Bulls Are Pushing Moody’s Higher

Moody’s Corporation (NYSE: MCO) on the Daily Chart has been in an uptrend since 27 January 2020 when it registered the low price at $261.27, followed by a series of higher tops and higher bottoms. Analysis On 29 March 2021, Moody’s stock recorded the high price of $307.71. When applying Oscillator Analysis to the price […]

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