Tag: TECHNICAL ANALYSIS

It has been a rough 2017 for USDCNH bulls so far. The pair has been in an uptrend since January, 2014, but it feels...

GBPUSD bulls managed to take a breath after the pair recovered from as low as 1.2774 to almost 1.3000. Unfortunately, there is no way...

You do not need to be Sherlock Holmes to find a good enough explanation for the recent surge in the price of gold. On...

The Euro climbed to its highest level against the U.S. dollar since January 2015 after ECB President Mario Draghi expressed optimism about the Eurozone’s...

We already shared with you our long-term and mid-term outlook of the German DAX 30 index, we decided it was time to take a...

Eight month ago, we stumbled upon the daily chart of Oil States stock and immediately recognized a dangerous situation. A few days before New...

GBPUSD climbed to 1.3267 at the start of August, but the bulls’ dreams of reaching even higher levels were destroyed, when the pair reversed...

It has been a little over a month since BTCUSD fell to $1830 on July 16th. Just as panic was starting to settle in,...

It has been a rough week for Advance Auto Parts shareholders. The stock closed at $109.32 on Monday, only to crash to as low...

In May 2016, Apple stock fell slightly below the $90 mark. Yesterday, August 15th, 2017, shares climbed as high as $162.20 for a total...

“Another decline at least to the support area near $34 – $33 might be underway.”  That is what the Elliott Wave Principle suggested about...

The price of copper climbed to 2.9154 yesterday as it continues the impressive recovery from the low at 1.9322 in January, 2016. Copper prices...

Berkshire Hathaway’s shareholders are not like the owners of other public companies. By following Warren Buffett’s long-term approach, most of them stay with the...

We wrote about the Nasdaq Composite on March 8th. While the index was trading near 5830 its weekly chart suggested the bulls should be...

Hibbett Sports stock was trading above $68 per share for a while in December, 2013. Today, less than four years later, you could buy...

Two months ago we published “DAX 30: Time to be Careful Now” to tell investors, who by definition are long-term oriented, that the German...

It has been a good week for bullish crude oil traders so far, who saw the price of WTI move from $45.63 on Monday...

It has been twelve strange days since our last update, titled “Bitcoin Traders Running for the Hills Already?” Strange, because of what happened to...

USDJPY’s rally from 108.80 came to its natural end last week, when the pair climbed to 114.50. The rate exceeded the mid-May high of...

Vestas Wind Systems is the world’s largest wind turbine manufacturer. The company has installed almost 60 000 wind turbines in 76 countries around the...

Last week, the Bank of Canada raised the interest rate for the first time in seven years, thus reinforcing the downtrend in USDCAD, which has been...

Just when Elon Musk’s Tesla is about to start delivering its first mass-production electric vehicle – the Model 3 – to clients, the stock...

The last 30 days did not bring a lot of joy to cryptocurrency traders, to say the least. Bitcoin reached, and on some exchanges even...

Like many others, communications services provider WPP Plc stock rebounded handsomely from its Financial crisis bottom at $22.35 a share in late-2008. By May 2015,...

According to a report by Yahoo, Verizon stock is the worst performer among the 30 stocks within the Dow Jones Industrial Average so far...

EURGBP has been rising for over two months now. The pair’s journey to the north began from 0.8313 in mid-April and did not stop...

The last time we wrote about GBPCAD was almost half a year ago. On January 16th, 2017, the pair was hovering around its lowest...

It has been another bad week for USDCAD, which opened at 1.3259 on Monday and plunged to as low as 1.2971 today. The major reason behind...

Nordstrom Inc. is one of the largest fashion retailers in the United States and Canada, operating 354 stores in total. The company was founded...

In our previous article you saw that a bearish reversal in the price trend of crude oil could be predicted, even when OPEC extends...