Opinions

Significant Cryptocurrency Transactions Prices Fall, Prices Struggle

Whale transfers of BTC, ETH, and USDT have declined during the last 12 months. Last week, cryptocurrency transactions priced at $100,000 or more hit their lowest level since February 2021. On Wednesday, crypto assets saw a little comeback as Bitcoin reclaimed the $40,000 price level, its highest level since 10 March. However, the world’s most […]

The Oil Bull Market Rages On (For Now)

The outbreak of war between Russia and Ukraine has pushed oil prices up sharply, but as the chart below shows, they have been strong for a while. Generalised economy-wide price inflation alongside supply shortages have created an extremely strong up-trend, with Oil now well over $100. Fears over widespread restrictions on supply and the refusal […]

Aussie – Bears Are In Control Pushing Prices Lower

The AUDUSD currency pair on the 4 – Hour Chart has been in a downtrend since 29 October 2021 when it registered the high price at 0.75543, followed by a series of lower tops and lower bottoms. On 24 November 2021, the Aussie recorded the low price of 0.71829. Bearish Trend The price is currently […]

BAIDU Inc Is Reversing To The Downside

BAIDU Inc. (NASDAQ: BIDU) on the Daily Chart has been following an upward path since 19 August 2021, having found support at the $135.91 level. Baidu Price Action Baidu’s stock price reached its peak at $182.52 on 20 October 2021, the high price encouraged bears to insert short positions and as a result they pushed […]

More Pain Ahead For Philip Morris International Inc.

Philip Morris International Inc. (NYSE:PM) on the Daily Chart has been in a downtrend since 7 September 2021 when it registered the high price at $106.50 , followed by a series of lower tops and lower bottoms. On 9 November 2021, the PM recorded the low price of $92.56. Technical Indicators When applying Oscillator Analysis […]

The US Dollar Starts Gaining Value Against Pound Sterling

The Pound Sterling on the 4-Hour Chart has been trending upward since 29 September 2021, having found resistance at the 1.38340 level on 20 October 2021. The attractive rate enticed bears who entered the market with short positions and as a result they have pushed the Pound Sterling to lower levels, following a pattern of […]

Bears Continue To Take Control Of Swissy

The USDCHF currency pair on the Daily Chart has been in a downtrend since 30 September 2021 when it registered the high price at 0.93673 , followed by a series of lower tops and lower bottoms. On 25 October 2021, the USDCHF pair recorded the low price of 0.91490. Technical Indicators When applying Oscillator Analysis […]

Apple Reversing To The Upside

The APPLE Inc. (NASDAQ:APPL) on the 4-Hour Chart has been following a downward path since 7 September 2021, having found resistance at $157.25. Apple has reached its bottom at $138.27 on 4 October 2021, and the attractive price encouraged investors who entered the market with long positions and as a result they pushed Apple to […]

Aussie Is Ready For A Bullish Reversal

The AUDUSD pair on the Daily Chart has been on a downtrend since 10 May 2021, having found support on 20 August 2021 at 0.71053. The price attracted bulls who entered the market with long positions and as a result they have pushed the Aussie to higher levels, following a pattern of Non-Failure Swing after […]

Loonie Gaining Upper Hand Against US Dollar

The USDCAD currency pair on the Daily Chart has been following an upward path since 1 June 2021, having found support at the 1.20056 level. The exchange rate has reached its peak at 1.29477 on 20 August 2021, the high level encouraged bears to enter the market with short positions and as a result, the […]

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