Advanced Micro Devices has been suffered about rising of interest rates, inflation, material shortages, ... Technically the current (at this date) presents an interesting chart to invest in, even for medium-term tenancy: The RSI is going to break its neutrality zone pushed by the lose of seller strenght. The next week is going to be decisive about the trend...
Russia and Ukraine could reach an agreement. This, combined with the upcoming FOMC meeting on Wednesday, which is expected to raise interest rates by around +.25%, could weaken the US market against the Euro, while Nasdaq-listed technology sectors are very sensitive to this announcement.
Technically,
- EURUSD shapes a nice daily W pattern depending on the coming...
Short-term :
ChainLink has broken both Kijun and Tenkan yersterday and closed above.
Mediu-term :
The W pattern also visible in daily is bullish as well for investment or swing trades. The smart money has accumulated already while most of the retail traders have lost interest about cryptos, actually they try to short.
The trend that peoples tends to short...
