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Technical outlook: Moncler S.p.A. (MONC.mi) daily chart. Moncler is an Italian luxury ski wear brand. Bought by Italian entrepreneur Remo Ruffini in 2003, who transformed, reinvented the near-bankrupt company which later was listed on the Milan Stock Exchange in 2013. In December 2020, Moncler purchased 100% stake of Italian luxury sportswear brand Stone Island...

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The daily chart for US company Boeing Co. (BA) experienced a Falling Wedge technical pattern. Boeing Co. is an American multinational corporation that designs, manufactures, and sells airplanes, rotorcraft, rockets, satellites, telecommunications equipment, and missiles worldwide. The company also provides leasing and product support services. The falling wedge...

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The price for this commodity is now in the resistance zone at a strong level and resistance line, which is the upper channel line. Despite yesterday's attempts to go up, the price has been held back. Now many experts are waiting for it to go down - to the lower border of the channel.

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The silver market received a blow yesterday but has since recovered. Yesterday was also a volatile session for gold as well, after the false breakthrough over the $1,875 resistance line that was quickly reversed, and the gold closed with dojis. Silver jumped to its highest level since Tuesday, February 2, before turning from $ 28.73. The bearish silver pin bar...

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Microsoft Corp. has earned praise for its successful pivot from desktop computing to cloud computing. As such, MSFT stock has risen as result. Microsoft Corporation (MSFT) has recently seen a 10% correction/uptrend over the long term. Particularly, yesterday the price bounced from a strong support 100 EMA level and formed a bull configuration. If the price level...

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Gold price’s recent trades are confined within bullish flag pattern that its signs appear on the chart, thus, the price needs to breach 1871.00 to activate the positive effect of this pattern followed by rallying to achieving new gains that reach 1900.00. The key levels to watch, gold is testing the $1875 area, the 50% Fibonacci retracement of the pullback from...

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✨✨✨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,...

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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...

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✨✨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...

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Technical 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 order...

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Technical outlook: JNJ bullish scenario: We have technical figure Triangle in US company Johnson & Johnson (JNJ) at daily chart. Johnson & Johnson is an American multinational corporation founded in 1886 that develops medical devices, pharmaceutical, and consumer packaged goods. Its common stock is a component of the Dow Jones Industrial Average and the company...

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Technical outlook: EN.pa bearish scenario: We have technical figure Pennant in French company Bouygues S.A (EN.pa) at daily chart. Bouygues S.A specialises in construction (Colas Group and Bouygues Construction), real estate development (Bouygues Immobilier), media (TF1 Group), and telecommunications (Bouygues Telecom). Bouygues is listed on Euronext Paris...

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✨✨✨Technical outlook: 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...

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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. The Triangle has...

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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...

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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...

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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...

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🌟🌟😎👨‍💻XAUUSD 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...