Day: October 20, 2021

TSLA releases its earnings today after market close. It’s EPS forecast is 1.58. Technically, the stock has a bullish stack with the green short EMA above the orange intermediate EMA, and the orange intermediate EMA above the slow red EMA. Moreover, the EMAs have angle and separation which indicates an...

It is easy for commodity currencies to advance strongly when only the inflationary component of stagflation is in play, but what happens across FX if risk sentiment starts to consider the outlook for sharply weaker growth, especially if yields rise further? Key tests lie ahead on that account for the...

Price is trading in a descending channel and is heading to our buy entry price of 1.83588 which is also -27.2% Fibonacci retracement . Price can then do a short term bounce from this level and reach the take profit level of 1.85105 which is 38.2% Fibonacci retracement level and...

Price is trading on an ascending trend line and can potentially dip to the take profit level of 1.07278 which is also 38.2% retracement level and 61.8% Fibonacci projection . Our temporary pullback bias is supported by the ichimoku cloud indicator. Any opinions, news, research, analyses, prices, other information, or...

CADCHF is consolidating in a bullish channel . We spot a potential entry at 0.74778 in line with 23.6% and 61.8% Fibonacci retracement towards our Take Profit at 100% Fibonacci extension . Technical indicators are showing bullish momentum. Any opinions, news, research, analyses, prices, other information, or links to third-party...

Price is abiding to an ascending trendline, signifying a bullish momentum, however, we are expecting price to do a short-term retracement. We can expect price to be reversing from pivot in line with daily resistance and drop towards the take profit level in line with 23.6% Fibonacci retracement . Our...

Price is on a bearish momentum. We spot a potential entry at 0.92438 in line with 78.6% Fibonacci projection and 61.8% Fibonacci retracement and our bearish trendline towards our Take Profit at 0.92148 in line with 50% Fibonacci retracement . Technical indicators are showing bearish momentum. Alternatively, our stop loss...

Price is trading near the graphical overlap resistance level of 133.651 and Fibonacci retracement of -27.2%. Price can potentially dip to the take profit level of 132.772 which is Fibonacci retracement of 50% and 78.6% Fibonacci projection . Our temporary bearish bias is supported by stochastic indicator where it is...