Technical analysis for the German DAX 40, the index reached the 0.618 FIB retracement at 14 600 and the resistance zone on the weekly chart, after nine consecutive bullish weeks….
Read the post
trading
FXCM Dollar Index Technical Analysis, the index formed a double-top
Technical analysis for the FXCM dollar index, the price formed a double-top pattern on the daily chart rejecting the top of ascending price channel on both the daily and the…
Read the post
NASDAQ Technical Analysis, the index reached the first target of the bearish wave
Technical analysis for NASDAQ 100, the index reached the first target of the bearish wave on the weekly chart, the 1.272 FIB extension at 10 500, which is also a…
Read the post
Apple (AAPL) Technical Analysis, the shares closed the month with a high-test pattern
Technical analysis for Apple (AAPL), the shares closed with a high-test pattern on the monthly chart, rejecting dynamic resistance, a signal for a resumption of the decline. The focus now…
Read the post
Micron (MU) Technical analysis, the shares reached the first target for the bearish run
Technical analysis for Micron (MU), the shares reached the first target for the bearish run on the weekly chart, the 1.272 FIB extension at 48.50$. The second target is the…
Read the post
Nvidia Technical Analysis, approaching the first target of the bearish wave
Technical analysis for Nvidia, the price of the shares broke below the 0.618 FIB retracement on the monthly chart at 150.00$, which opened the door for further declines ahead. The…
Read the post
Advance Micro Devices (AMD) Technical Analysis, the shares reached the third target of the bearish run
Technical analysis for AMD, the price of the shares of AMD reached the third target of the bearish run on the monthly chart, the 0.618 FIB retracement at 68.50$. On…
Read the post
CHF/JPY Technical analysis, the pair formed a high-test pattern on the weekly chart
Technical analysis for the CHF/JPY, the pair formed a high-test pattern on the weekly chart, signaling a potential pullback. The first target for this pullback is the 0.382 FIB retracement…
Read the post
Tesla (TSLA) Technical Analysis, the stock formed a potential Head & Shoulders pattern
Technical analysis for Tesla(TSLA), the stock split didn’t help the bulls, and the price of the shares continued making lower highs and lower lows on the weekly chart, forming a…
Read the post
Microsoft (MSFT) Technical Analysis, formed a Head & Shoulders pattern
Technical analysis for Microsoft (MSFT) stock, the price formed a Head & Shoulders pattern on the weekly chart and broke below the neckline, starting a bearish wave. The first target…
Read the post
GBP/USD Technical Analysis, the pair formed a low-test rejecting resistance
Technical analysis for GBP/USD, the pair formed a low-test pattern on the weekly and the daily charts, rejecting the 2020 low, signaling the begging of a bounce. The first target…
Read the post
DXY Index Technical Analysis, the index formed a Head & Shoulder pattern rejecting resistance
Technical analysis for the DXY, the index rejected resistance and 0.786 FIB retracement on the monthly chart at 109.80 with a bearish inside bar on the weekly chart and Head…
Read the post