Is Regeneron Pharmaceuticals ready for a new all-time high, or will it test again the previous one at $620 from October 2020 and confirm it as a strong resistance? Regeneron Pharmaceuticals is a leading-edge biotech and pharmaceutical company that focuses on cytokines and tyrosine kinase receptors at the cellular level. First, Regeneron developed an experimental...
This week the total cryptocurrency market capitalization bounced back to $1.9 trillion, which was a 20% weekly increase and the highest level seen since May 20. Bitcoin will continue to pay close attention to inflationary expectations because inflation has been a driver of Bitcoin to go higher for quite some time. It does make sense that traders would see...
The Euro sell-off is now approaching key support into the yearly lows at 1.17 level and the experts looking for guidance off this mark. It is a key support level on a weekly chart and traders are looking for accurate pricing action signals. The decline takes price towards the major support at the yearly lows and traders are on the lookout for possible inflection...
Alibaba Group Holdings Ltd ADR (BABA) has faced the ire of both the public and authorities in the past year and a half. In April 2020, users of the eponymous microblog of Alibaba-backed Weibo Corp complained that critical reports on the platform about an affair involving a top Alibaba executive had disappeared. And as recently as March, Alibaba was fined a record...
Looking for a final retracement down to complete the corrective wave 4. Dip buys in the $143-145 region targeting $150 and $155. We need to see breakline for confirmation. Risk Disclosure: Trading Foreign Exchange (Forex) and Contracts of Difference (CFD's) carries a high level of risk. By registering and signing up, any client affirms their understanding of...
CRUDE OIL is trading in a kind of a massive wedge And now oil is falling down to retest the rising support and trendline around 68.00-69.00$ From the Support line expecting a local pullback With the final target being the horizontal resistance above around 71.00 $! Today is NON=Farm Payrolls and traders can see big movements. If the OIl breaks the support on 68.00...
DXY update : Trading at 92.10 have a key resistance at 92.30 sell will advicable on current rate and above target 🎯 89.50 and below levels. Experts see deeper short setup ahead for dollar index. We can also see such movement on Non - Farm Payrolls this Friday. Risk Disclosure: Trading Foreign Exchange (Forex) and Contracts of Difference (CFD's) carries a high...
The EURUSD keeps hanging around 1.1900, in the experience, this happens when the market is preparing to move or extend to the upside. However, the market is very anxious, fears of delta variant, inflation, and growth expectation, keeping the dollar stable for the time being. After the FED meeting last week and what Mr. Powell said and tried to convince the...
AUDUSD is in a clear downtrend for more than 6 months. The last corrective rally showed that 0.74 is very strong resistance and I expect a new local low from this pair. A break under short term trend line support could be a sign that a new leg down has started,the support level is broken and the price continues to consolidate below. On the way below there is a...
The pair is reacing the trend line often. -GBPJPY reach great selling zone for short position -JPY Index going Bullish trend -Bearish closing on 4H GBPJPY Entry sell area around this is also a resistance @152.500-153.450 Expecting price will impulsive opportunity in selling. Risk Disclosure: Trading Foreign Exchange (Forex) and Contracts of Difference (CFD's)...
The technical figure Flag can be found in French company Vinci S.A.(DG.pa) at daily chart. Vinci, corporately styled VINCI, is a French concessions and construction company. Vinci is listed on Euronext's Paris stock exchange and is a member of the Euro Stoxx 50 index. The Flag has broken through the resistance line on 29/07/2021, if the price holds above this...
The technical figure Triangle can be found in US company FedEx Corporation (FDX) at daily chart. FedEx Corporation, formerly Federal Express Corporation and later FDX Corporation, is an American multinational shipping & delivery services and supply chain management company headquartered in Memphis, Tennessee. The Triangle has broken through the support line on...
In this pair, you can find a technical figure Channel Down. The Channel Down has broken through the resistance line on 27/07/2021. GBPUSD forming a bullish formation on a daily chart. If the price holds above this level you can have possible bullish price movement with a forecast for the next 11 days with a target of 1.39651. Your stop loss order according to...
The technical figure Channel Down can be found in French company Societe Generale (GLE.pa) at daily chart. Société Générale S.A., often nicknamed "SocGen", is a French multinational investment bank and financial services company headquartered in Paris, France. The company is a universal bank and has divisions supporting French Networks, Global Transaction Banking,...
The technical figure Pennant can be found in French company LVMH Moet Hennessy Louis Vuitton (MC.pa) at daily chart. LVMH is a French Holding multinational corporation and conglomerate specializing in luxury goods, headquartered in Paris, France. The Pennant has broken through the resistance line on 24/07/2021, if the price holds above this level you can have a...
EURUSD pair seems it is formed a massive H&S pattern And after the ECB rate decision If neckline breakout happens, we will see bearish continuation And while the closest target is the horizontal support below The scale of the pattern implies that the price might go much lower Risk Disclosure: Trading Foreign Exchange (Forex) and Contracts of Difference (CFD's)...
The price of a WTI barrel had risen more than 50% so far this year but slipped on Monday as OPEC+ agreed to ramp up production by 400,000 bpd while fears that a surge in the Delta variant of the coronavirus threatens oil demand prospects. Oil prices had rebounded 1.4% on Tuesday afternoon in the runup to the data release, after sinking nearly 7% on Monday. Looking...
BitCoin is on key support and psychological level of around $30,000 per coin. Bitcoin is in a falling trend channel in the medium long term. Falling trends indicate that the currency experiences negative development and falling buy interest among investors. The price fell below $31,000 support on Monday after sideways trading gave way to downside pressure and...