Fundamental analysis tells us that the S&500 index will start its upward rally from June or July 2024, and in my opinion, the best share in terms of technical analysis is Tesla's share, and in this green area and reaching the upward trend line or if conservative We are more active, we have to wait for the downward trend line to break upwards, in this case we can...
Crude oil came under early selling pressure yesterday morning, but managed to make back some of its losses as the session progressed. Despite this, crude ended down on the day, and has fallen again today. Chart-wise, one interpretation is that both WTI and Brent continue to consolidate just below April’s multi-month highs. Yet the downside pressure has picked up...
The Australian dollar has stabilized on Wednesday, after a 2.2% decline over the past three days. In the North American session, AUD/USD is trading at 0.62254, up 0.37% but remains close to five-month lows. Australia’s employment is expected to post a small gain of 7,200 in March after a blowout gain of 116,500 in February. The unemployment rate is expected to...
Western countries plan to quickly impose new sanctions on Iran to help dissuade Israel from a major escalation. Israel's war cabinet postponed until Wednesday a third meeting to discuss how to respond to Iran's first-ever direct attack, anticipating another expansion of the conflict. There is little data in the United States today. You need to continue to pay...
In the dynamic landscape of healthcare, Abbott Laboratories (NYSE: NYSE:ABT ) stands out with its robust first-quarter performance, showcasing resilience and adaptability amidst challenging conditions. Bolstered by a surge in medical device sales and buoyed by promising growth across multiple sectors, Abbott has exceeded expectations and raised its annual...
Gold has been considered a highly valuable commodity for millennia and the gold price is widely followed in financial markets around the world. Mostly quoted in US Dollars (XAU/USD), gold price tends to increase as stocks and bonds decline. The metal holds its value well, making it a reliable safe-haven. It's traded constantly based on the intra-day spot rate....
CAD JPY - GET READY TO TAKE A SHORT ENTRY as we can see that liquidity got filled up at resistance zone now price will be back to the support zone make a short entry as shown in the picture follow for more live updates
AUD JPY PRICE - after break out of down trend line price took retest, its time to fly high , make a long entry till resistance zone follow for more live updates..
FX:XAUUSD is showing strength as a hedge asset. The price continues to indicate to us that it intends to go even higher. The market is cleaned up after the shakeout and the big player continues to play his game. (Idea from Apr.16: GOLD → There's no limit to the bulls' activity. Support retest) Bulls form another intermediate bottom at 2365, building a limit...
On 2/14/2024, Patterson-UTI Energy (PTEN) reported earnings of $0.19 per share on revenue of $1.584 billion for the fourth quarter ended December 2023. The consensus earnings estimate was $0.184 per share on revenue of $1.507 billion.
Technical analysis of WTI crude oil Crude oil retreats despite geopolitical risks. Crude oil is one of the most important economic resources in the world and plays a very important role in the forex market. This type of investment is often recognized as one of the most profitable opportunities in the financial markets. The importance of crude oil in the forex...
💎 Paradisers, get ready for an intriguing ride with ZRXUSDT! The current price action closely adheres to a falling wedge trajectory. If the price maintains momentum at the bullish order block (OB) and key support $0.3942, we can anticipate a bullish ascent toward the strong resistance level. 💎 However, let’s also consider an alternative scenario: Should the price...
ADR entry with two upper targets. Once it reaches orange zone: Check RSI for any possible bearish reversals. This strategy reaches to the green zone then moves to the downside. This trade idea is intended for short trades yet reads long.
Key arguments in support of the idea. ▪ UNH stock has come under pressure from a series of adverse events, though Q1 earnings may improve investor sentiment regarding further UNH business growth potential. ▪ A good moment for buying, both fundamentally and technically. Investment Thesis UnitedHealth Group (UNH) engages in the provision of health...
GBP CAD PRICE - back to support zone to fill the liquidity area after that price will break the up trend line make a short entry as shown in the picture follow for more updates
EUROZONE CPI Eurozone Headline and Core CPI for October both came in as expected (decrease) Eurozone Headline CPI: MoM – Actual 0.1% / Exp. 0.1% / Prev. 0.3% YoY – Actual 2.9% / Exp. 2.9% / Prev. 4.3% (purple on chart) Eurozone Core CPI: MoM – Actual 0.2% / Exp. 0.2% / Prev. 0.2% YoY – Actual 4.2% / Exp. 4.2% / Prev. 4.5% (blue on chart) ...
I think the chart tells the story: NYSE:MOS is trading at the lowest price to book multiple (see lower pane) since the pandemic, which was also the low point over the past 20 years. In addition, there's a buy signal from a AB=CD pattern visible on the chart. The symmetric triangle short play has in fact reached its T1 target and may be played out. In addition,...
Abstract: We perform a comprehensive technical analysis of Merck & Co., Inc. (NYSE: MRK) by dissecting its latest price movements, chart patterns, and technical indicators. This analysis is aimed at shedding light on the potential future price trajectory for MRK, integrating both traditional technical analysis tools and advanced indicators to inform speculative...