Technical outlook: XOM bearish scenario: We have technical figure Rising Wedge in US company Exxon Mobil Corporation (XOM) at daily chart. ExxonMobil is an American multinational oil and gas corporation. ExxonMobil is one of the largest of the world's Big Oil companies. The Rising Wedge has broken through the support line at 22/12/2020, if the price holds below...
🎇🎇🎇🎇AUDJPY Technical outlook Bullish scenario On a weekly time frame the currency pair is forming inversed head and shoulder and the price is trading right at the neckline. As this technical formation is forming on a higher time - W1, frame it will be watched from a lot of big players too. If AUDJPY breaks the neckline the first target for the bulls will be 80.80,...
XPTUSD Technical outlook Bullish scenario: The Platinum broke very important resistance zone between 960 and 1000 usd. Now the price is holding above the zone narrowing its daily range. As all trends are moving between two phases – Impulse and Correction the last three-four days sideway movement could be taken as a correction of the impulse started on a...
🎇🎇🎇TKWY.as bullish scenario: We have technical figure Falling Wedge in Dutch company Just Eat Takeaway.com N.V. (TKWY.as) at daily chart. Just Eat Takeaway.com N.V., is an Anglo-Dutch-American dot-com company specialising in online food ordering and home delivery. Takeaway.com is an intermediary online portal between the customer and the restaurants, where...
T✨✨✨echnical outlook: AUDNZD bullish scenario: In this pair we have technical figure Channel Down. The Channel Down has broken through the resistance line at 10/12/2020. Forming a bullish formation on a daily chart. If price holds above this level we will have possible bullish price movement with forecast for the next 17 days with target 1.0691. Our stop loss...
ACX1 bearish scenario: We have technical figure Triangle in Spanish company Acerinox, S.A. (ACX1) at daily chart. Acerinox, S.A. is a stainless steel manufacturing conglomerate group based in Spain. As for 2008, the company was the world's largest producer of stainless steel. The Triangle has broken through the support line at 09/12/2020, if the price holds below...
Technical outlook: PM bullish scenario: We have technical figure Triangle in US company Philip Morris International Inc. (PM) at daily chart. Philip Morris International Inc. is an American multinational cigarette and tobacco manufacturing company, with products sold in over 180 countries. The most recognized and best selling product of the company is Marlboro....
Technical outlook: USDCHF bearish scenario: In this pair we have technical figure Descending Triangle. The Descending Triangle has broken through the support line at 03/12/2020. Forming a bearish formation on a daily chart. If price holds below this level we will have possible bearish price movement with forecast for the next 26 days with target 0.88000. Our stop...
GBPJPY Technical outlook Bullish scenario According to the classical Dow Theory the pair is in a technical uptrend since the low in March 2020 with a higher highs and higher lows on a daily time frame. Currently the price is trading above the strong support level of 139.20 and closes above it for a couple of days already. This usually means that the GPBJPY is...
AMZN Technical outlook Bullish scenario Currently Amazon is testing 3230 which is one of the most crucial levels of resistance on the chart. If the level is breached and the price closes above it then the bulls will step in more aggressively and we could see 3340 level within days. Bearish scenario If the price falls and closes below 3140 level on a daily basis...
😮😮🌟🦹♀️Technical outlook Bullish scenario The Gold is down 9.50% from the November’s high and 5.4% from the October close price. Currently the XAUUSD is trading slightly above the strong support level of 1770 usd per ounce as it bounces from it earlier in the day /30.11.2020/. The way the price fall to the above-mentioned support was sharp and pretty much without...
🌟🌟🌟GBPJPY bearish scenario: In this pair we have technical figure Triangle. The Triangle has broken through the support line at 27/11/2020. Forming a bearish formation on a 4 hours chart. If price holds below this level we will have possible bearish price movement with forecast for the next 10 days with target 135.000. Our stop loss order should be placed at...
📢📢📢Technical outlook: GBPCAD bearish scenario: In this pair we have technical figure Triangle. The Triangle has broken through the support line at 27/11/2020. Forming a bearish formation on a 4 hours chart. If price holds below this level we will have possible bearish price movement with forecast for the next day with target 1.71947. Our stop loss order should be...
😮🌟Technical outlook: EURCHF bullish scenario: In this pair we have technical figure Triangle. The Triangle has broken through the resistance line at 25/11/2020. Forming a bullish formation on a daily chart. If price holds above this level we will have possible bullish price movement with forecast for the next 101 days with target 1.0971. Our stop loss order should...
Technical outlook: CKB.de bullish scenario: We have technical figure Triangle in German company Commerzbank Aktiengesellschaft (CKB.de) at daily chart. Commerzbank Aktiengesellschaft is a major German bank operating as a universal bank, headquartered in Frankfurt am Main. In the 2019 financial year, the bank was the second largest in Germany by the total value of...
XAUUSD Bearish scenario XAUUSD Bearish scenario The gold is now in a key zone between two strong levels – $1880 resistance and $1850 support. The asset is consolidating here for almost three days now. It is also yet too far from the 9 EMA which for some market participants could be take as a short play in regard of returning to the mean strategy. The key trigger...
XAUUSD Bearish scenario The gold is now in a key zone between two strong levels – $1880 resistance and $1850 support. The asset is consolidating here for almost three days now. It is also yet too far from the 9 EMA which for some market participants could be take as a short play in regard of returning to the mean strategy. The key trigger point for short sellers...
Technical outlook: ACKB.br bullish scenario: We have technical figure Falling Wedge in Belgian company Ackermans & van Haaren (ACKB.br) at daily chart. Ackermans & van Haaren (often abbreviated as AvH) is a diversified group operating in four core sectors: Marine Engineering & Contracting, Private Banking, real estate and senior and energy and resources.The...