The dollar rises on good non-farm payrolls news and regains levels of mid-July this year. In a scenario where inflation is the protagonist, the ECB will set a new inflation target of 2%, which can be recovered if necessary. Last June 1, the EURJPY reached highs at 134.142, a level not touched since February 2018. Since then the price has been in a bearish...
Without a doubt, Tesla is one of the companies of the S&P 500 that raises more expectations, and it does it for both good and bad. Many of its detractors consider it a bubble, either because of the demanding ratios it quotes (P/E of 376, P/B of 28 or P/FCF of 75), because of a rather mouthy CEO, or recently because of the increasingly strong competition in the...
That's right, the Chinese startup will break into the Norwegian automotive market this September 2021. As NIO has detailed in its expansion plan, Norway will be the first European country in which the Chinese multinational will land, this is just the beginning. Why Norway? According to a study by statista Norway is in the lead with a 74.8% share. Here are...
We are waiting GBPJPY price to drop to 148,361 were there is a key support. Also, at the support level we can identify an enter on the 61,80% - 78,60% of the fibonacci retracement. We set our TakeProfit on the resistance of 150.417 and our StopLoss at 148.111, a few pips before the latest minimum.
Over the past week, Gold (XAUUSD) has been involved on a bearish rally, breaking all the key support levels that have been consolidated over the time. Currently gold has reached the 1778 support level and then bounced to 1760. We expected the price to drop to the 61,80% - 78,60% of fibonacci retracement to place a buy on 1733,80, our target: 1768,49 is on the...