FSN E Commerce (NYKAA): Monthly Trend: Cannot be ascertained, too little data. Weekly Trend: Downtrend, current consolidation starting from 09 May, 2022 may lead to either a downtrend or an uptrend. CASE 1: If it falls further, it will be a continuation of the previously established downtrend with the current consolidation acting as a secondary trend. ...
EUR/USD seems to be continuing its downward movement. In the H4 charts, a falling wedge is observed with nearest support at $1.1010, and nearest resistance at $1.1090 Price is, currently, below all the Moving Averages of 5-day, 20-day and 200-day.
Nasdaq 100 closed at $14005.99 on Tuesday. It witnessed more selling with the conflict in Europe raging and impose of harsh sanctions by the U.S. and its allies. In the near-term, supports are observed at $13880 and $13550 level, and resistances at $14380 and $14750 level.
Gold at the time of this publication was trading around $1932/oz. Technical Analysis: On a daily scale, it seems to be moving in an upward channel with price above the Moving Averages of 5, 20 and 200-day period. Its nearest resistance is seen at $1975 and nearest support at $1915. Fundamental Analysis: It witnessed some selling during the first half of...
Brent Crude Oil is moving along a channel. On the fundamental side, conflict in eastern Europe and OPEC's limited production capability will create a situation of supply shortage.