Analysis & Forecast
– Coca-Cola reversed from pivotal support level 59.00– Likely to rise to resistance level 60.00Coca-Cola today reversed from the pivotal support level 59.00, which has been steadily reversing the price from last April.The support level 59...
– GBPUSD reversed from support level 1.2535– Likely to rise to resistance level 1.2700GBPUSD currency pair recently reversed up from the key support level 1.2535, which has been steadily reversing the price from the start of December.The ...
– EURCHF reversed from support level 0.9750– Likely to rise to resistance level 0.9845 and 1EURCHF rising after the recent upward reversal from the support level 0.9750 intersecting with the 38.2% Fibonacci correction of the upward impuls...
– Nike reversed from powerful support level 88.50– Likely to rise to resistance level 95.00Nike recently reversed up with the daily Morning Star from the powerful support level 88.50, which also stopped the extended downtrend in September...
Oil benchmarks have been sandwiched in recent sessions. For now, the upside impulses stemming from amplified supply-side risks are being counteracted by the downward drag from elevated US stockpiles and the rising prospects of delayed Fed rate cu...
Markets are starting the week rather cautiously. It appears that last Friday’s declines for global stocks, including for many Asian indices, had somewhat pre-empted Iran’s retaliatory attack on Israel this past Saturday, which escalated the o...
USDJPY bulls are looking to challenge the Bank of Japan, yet again!This FX pair is hovering close to the psychological 152 level, which had in recent weeks prompted stern warnings from Japanese government officials about potential "intervention"....
Ripple bulls are trying their best not to slide deeper below the 50-period simple moving average (SMA). Today’s slide comes ahead of the key US macro-economic data (CPI & FOMC minutes), slated to be released later today. How can these aff...
NETH25 Index is trading close to it’s recent all-time high (~893) ahead of the European Central Bank’s (ECB) interest rate decision (12:15 PM UTC) and a subsequent press conference (12:45 PM UTC). The NETH25 Index tracks the performance of ...
Spot gold is now tantalizingly close to the $2400, amid a seemingly unrelenting year-to-date advance of 15.7%. Still, gold’s eye-watering ascent is somewhat perplexing, especially in light of the US dollar’s rebound on lowered bets for Fed ra...
