Tag: TECHNICAL ANALYSIS

USDZAR, the ticker symbol of the U.S. Dollar – South African Rand Forex pair, is not among the ones we regularly cover. However, we...

American Express stock fell to as low as $50.27 in February 2016 after the company’s net income fell by 12% in 2015. But as...

The French CAC 40 benchmark index climbed to 5629 yesterday. The last time it traded above 5600 was in late-December 2007 and while the...

After two consecutive years of spectacular gains, which nearly tripled Bank of America’s market cap, the too-big-to-fail financial institution is having a slower, but...

Two months ago, on March 15th, we published an Elliott Wave analysis of The Buckle stock (NYSE:BKE), saying that “the stage is set for...

In just two short weeks, EOS – the fifth largest cryptocurrency by market capitalization – fell from an all-time high of $23.03 to as low...

After the price of Bitcoin rose twenty-fold in 2017, the majority of crypto investors were expecting even bigger gains in 2018 as the digital...

In less than four months, between December 20th 2017 and April 6th 2018, Dashcoin fell from an all-time high of $1550 to as low...

The cryptocurrency crash of the first three months of 2018 did not spare anyone. Most virtual currencies lost between 60% and 80% of their...

The European currency has had a tough time recently, losing ground against major rivals like the U.S. dollar and the Japanese yen. Here we...

Jack Ma’s Alibaba Group made its NYSE debut at $92.70 a share in September 2014. The initial bullish enthusiasm lifted Alibaba stock rice to...

Less than three months ago, on February 16th, the EURUSD pair climbed to a three-year high of 1.2556. Given the fact that Euro bulls...

Expedia stock reached its all-time high of $161 in late-July 2017, but has been a big disappointment ever since. The stock fell to as...

In just over two years, Yum! Brands stock (NYSE:YUM) nearly doubled from as low as $46.44 in February 2016 to $87.45 earlier this month,...

AUDUSD climbed to 1.1079 in July 2011 and has been steadily declining ever since. In mid-January 2016, the pair fell to as low as...

Three years ago, in mid-April 2015, Mylan stock was trading in the vicinity of $77 a share following a phenomenal rally from as low...

North Korea’s Kim Jong-un appears to have finally come to his senses. The isolated communist country announced it will discontinue its nuclear tests and...

Silver prices spent the last year and a half locked between $19 and $15.19, unable to choose a direction and leave this range. The...

In our last article about the Indian Nifty 50 index, published on May 19th, 2017, we shared an opinion that the price “is probably...

Less than a month ago, USDJPY was trading below 105.00 after plunging to 104.64. The media hurried to explain the dollar’s weakness against the...

The last time we wrote about USDCAD, it was hovering around 1.29, after a decline from 1.3125. In a video, published on March 28th,...

On July 10, 2017, WPP stock was trading above $101 a share on the New York Stock Exchange, down from its all-time high of...

President Donald Trump has repeatedly criticized the North American Free Trade Agreement between Mexico, the United States and Canada. The White House recently announced...

Despite declining revenues in the last several years, McDonalds’ profits are still on the rise. The company’s stock was also climbing until late-January 2018,...

On Balance Volume (OBV) is a volume-based indicator that aims to measure the pressure buyers and sellers exert on the markets. Its approach is...

In about six short months between May and November 2017, Foot Locker lost over 63% of its market capitalization. The retail crisis did not...

EURCHF fell to 1.1447 on February 8th, but has been steadily recovering ever since. By March 28th, the pair was already testing the resistance...

DJIA bulls have not been in a good shape during the last two months, to say the least. The index registered its all-time high...

Between January 25th and February 9th, WTI crude oil’s price plunged from $66.62 to $58.06 a barrel, losing 12.8% in just 12 trading days....

1.2900 has been a tough nut to crack for USDCAD bulls. First, they failed to breach it in late-October 2017. Then they tried again...