Yeah, albeit the current calamity globally, EURUSD FX:EURUSD looks in a prime spot for a RSI "bounceback" type reversal. Fundamentals are something to seriously consider, and because we're not currently under the 30 level on the daily timeframe, it's more of a wait and see scenario. Once the pair kicks that 30, I'll be buying :)
Feeling a downward trend is coming for the currency pair for the next 24-48 hours: - Recently overbought, but made a reversal recently below the 70 mark (typically price action I use to determine a switch in the trend). - Good set of resistance (as indicated by the red). - VFI has just about started to drop, hoping to see a slightly stronger bear...
My take on Alpha Group: Alpha Group LSE:ALPH leads, in my view, as the UK's best FXRM firm, and institutional lending provider. What most lenders don't do is take a mixed approach - both expertise and technology when developing and implementing their services. From a macro perspective, Alpha Group provide stronger growth prospects than peers, as well as higher...
HKEX:1211 has had a strong year in growth prospects, reporting solid earnings growth thanks to its robust EV sales and expanding footprint in international markets. The recent earnings beat highlighted an impressive increase in revenue, driven by the demand for both their electric and hybrid vehicles. But what we can notice is that the stock has only reflected...