NPBFX - npbfx.com

[Antony_NPBFX]

Meta Platforms Inc.: technical analysis 29.07.2022

Good afternoon, dear forum visitors!

NPBFX offers the latest release of analytics on Meta Platforms Inc. for a better understanding of the current market situation and more efficient trading.

The shares of Meta Platforms Inc., which owns the world's largest social network Facebook, are falling, currently trading around 160.00.

On the daily chart of the asset, a global downward channel is forming with dynamic boundaries 135.00–200.00, and at the moment, the price is near its lower border, attempting an upward correction.

On a four-hour chart, local growth is developing within the Expanding formation pattern, where the quotes have reached the lower border around 154.00, where the seventh ascending wave with the target at the upper border of the global channel around 197.00 can start to form.

Technical indicators confirm the likelihood of a reversal and subsequent growth: fast EMAs on the Alligator indicator are very close to the signal line, and the AO oscillator histogram is trading close to the transition level and can cross it at any time.

Trading tips

Long positions may be opened after a reversal and continued local growth of the asset or consolidation above the resistance level of 172.00 to reach the resistance line around 197.00. Stop loss – 167.00. Implementation period: 7 days or more.

Short positions may be opened after the continuation of the downward movement or consolidation below the support level of 154.00 with the target at 135.00. Stop loss – 160.00.

Use more opportunities of the NPBFX analytical portal: E-book

If you just recently started to be interested in trading on FOREX and would like to deepen your knowledge, an electronic Beginner's Guide to FOREX Trading will be an excellent helper for you here. The book consists of 5 chapters and reflects fundamental concepts of the foreign exchange market to start successful trading. From the main chapters of the E-book you can learn about the concepts and history of FOREX, currencies and trend lines, technical indicators, types of orders, trading on news, psychology of trading, risk management and much more.

You can read a Beginner's guide to FOREX Trading online or download it free of charge from the NPBFX analytical portal in the "Education" section. In order to get unlimited access to the E-book and other useful instruments on the portal, you need to register on the NPBFX website.

If you have any questions about trading instruments, you can always ask an analyst in the online chat on the portal and get a free consultation of an experienced specialist.

Use the current recommendations of analysts on Meta Platforms Inc. and trade efficiently with NPBFX.

 

[Antony_NPBFX]

Walmart Inc.: technical analysis 01.08.2022

Good afternoon, dear forum visitors!

NPBFX offers the latest release of analytics on Walmart Inc. for a better understanding of the current market situation and more efficient trading.

The shares of Walmart Inc., the US company that operates the world's largest wholesale and retail chain, are in the 132.00 area.

On the daily chart of the asset, the price is correcting after a significant decline, forming a local ascending channel with boundaries of 120.00–135.00.

On a four-hour chart, the asset approached the solid resistance line of the 134.00 range, formed at the end of January 2022, and continued growth is possible only if the quotes consolidate above it.

Technical indicators confirm the continuation of the corrective upward dynamics, holding a buy signal: indicator Alligator's EMA oscillation range expands upwards, and the AO oscillator histogram forms ambiguous bars in the buying zone.

Trading tips

Long positions may be opened after the price rises and consolidates above 133.00 with the target at 141.70 and stop loss 130.00. Implementation period: 7 days or more.

Short positions may be opened after a reversal, reduction, and consolidation of the price below 128.70 with the target at 121.90. Stop loss – 131.00.

Use more opportunities of the NPBFX analytical portal: analytics

You can find more actual analytical reviews on other popular currency pairs, metals and CFDs on the NPBFX online portal. Daily analytics with charts, current market prognoses and trading scenarios in the Feed section are available. Get free and unlimited access to the online portal after registering on the official website of NPBFX Company.

If you have any questions about trading instruments, you can always ask an analyst in the online chat on the portal and get a free consultation of an experienced specialist.

Use the current recommendations of analysts on Walmart Inc. and trade efficiently with NPBFX.

 

[Antony_NPBFX]

PayPal Holdings Inc.: technical analysis 03.08.2022

Good afternoon, dear forum visitors!

NPBFX offers the latest release of analytics on PayPal Holdings Inc. for a better understanding of the current market situation and more efficient trading.

The shares of PayPal Holdings Inc., an American debit payment processor, correct at 88.00.

On the daily chart of the asset, the price is moving above the resistance line of a wide downwards channel with dynamic boundaries of 50.00–80.00, holding at the local high of June 8 at 89.00.

On the four-hour chart, it is seen that the probability of the continuation of the upward dynamics is quite high. If the breakout of the local high occurs soon, the quotes will head towards the annual peak around 122.00.

Technical indicators confirm the high probability of growth, keeping a stable buy signal: fast EMAs on the Alligator indicator remain above the signal line, and the AO oscillator histogram forms rising bars in the buying zone.

Trading tips

Long positions may be opened after the price rises and consolidates above 94.10 with the target at 122.50. Stop loss — 90.00. Implementation period: 7 days or more.

Short positions may be opened after a reversal, reduction, and consolidation of the price below 81.70 with the target at 68.20. Stop loss — 85.00.

Use more opportunities of the NPBFX analytical portal: E-book

If you just recently started to be interested in trading on FOREX and would like to deepen your knowledge, an electronic Beginner's Guide to FOREX Trading will be an excellent helper for you here. The book consists of 5 chapters and reflects fundamental concepts of the foreign exchange market to start successful trading. From the main chapters of the E-book you can learn about the concepts and history of FOREX, currencies and trend lines, technical indicators, types of orders, trading on news, psychology of trading, risk management and much more.

You can read a Beginner's guide to FOREX Trading online or download it free of charge from the NPBFX analytical portal in the "Education" section. In order to get unlimited access to the E-book and other useful instruments on the portal, you need to register on the NPBFX website.

If you have any questions about trading instruments, you can always ask an analyst in the online chat on the portal and get a free consultation of an experienced specialist.

Use the current recommendations of analysts on PayPal Holdings Inc. and trade efficiently with NPBFX.

 

[Antony_NPBFX]

The Walt Disney Co.: technical analysis 05.08.2022

Good afternoon, dear forum visitors!

NPBFX offers the latest release of analytics on The Walt Disney Co. for a better understanding of the current market situation and more efficient trading.

The shares of The Walt Disney Co., the world leader in the entertainment industry, are actively declining, being in the 108.00 area.

On the daily chart of the asset, the formation of a global downward channel with dynamic boundaries at 80.00–108.00 continues, and at the moment, the price has come close to the resistance line at 108.00 and is preparing to break it.

On the four-hour chart, the current growth has a high chance of breaking it and reaching the initial 23.6% Fibonacci correction around 117.00, which is the main barrier for quotes within a possible upward correction.

Technical indicators reversed and gave a stable buy signal: the range of EMA fluctuations on the Alligator indicator began to expand upwards actively, and the histogram of the AO oscillator forms bars with an upward trend in the buying zone.

Trading tips

Long positions may be opened after the price rises and consolidates above 117.00 with the target at 133.00. Stop loss – 112.00. Implementation period: 7 days or more.

Short positions may be opened after a reversal, reduction, and consolidation of the price below 101.00 with the target at 91.00. Stop loss — 105.00.

Use more opportunities of the NPBFX analytical portal: glossary

Beginning traders certainly face a lot of specialized concepts and lexicon on FOREX, which are often not fully been understood. Swap, tick, hedge, margin calls are often unfamiliar to beginning traders. But the lack of knowledge of these fundamentals make a competent market vision impossible. So glossary on the NPBFX analytical portal could be an excellent helper in this case, which contains all the main definitions with explanations in a compact and accessible form. All concepts are arranged in alphabetical order, so that you can easily and quickly find and explore a new concept for yourself.

If you have any questions about trading instruments, you can always ask an analyst in the online chat on the portal and get a free consultation of an experienced specialist.

Use the current recommendations of analysts on The Walt Disney Co. and trade efficiently with NPBFX.

 

[Antony_NPBFX]

Johnson & Johnson: technical analysis 08.08.2022

Good afternoon, dear forum visitors!

NPBFX offers the latest release of analytics on Johnson & Johnson for a better understanding of the current market situation and more efficient trading.

The shares of US retail holding Johnson & Johnson corrected around 171.00.

On the daily chart of the asset, the price is within the global downward channel with dynamic boundaries 163.00–180.00, and after a reversal near the resistance line, it tries to consolidate in the downtrend.

On the four-hour chart, the channel support line is just below the full 61.8% Fibonacci retracement at 167.00, and the key resistance for the upside move is last week's local high, coinciding with the underlying Fibonacci 38.2% retracement at 174.30, which seems to be quite durable.

Technical indicators are signaling in favor of a possible decline: fast EMAs on the Alligator indicator have begun to move away from the signal line, and the histogram of the AO oscillator is decreasing in the sell zone, forming downward bars.

Trading tips

Short positions may be opened after the price drops and consolidates below 167.00 with the target at 161.60. Stop loss – 170.00. Implementation period: 7 days or more.

Long positions may be opened after a reversal, growth, and consolidation of the price above 174.30 with the target at 179.00. Stop loss – 172.00.

Use more opportunities of the NPBFX analytical portal: analytics

You can find more actual analytical reviews on other popular currency pairs, metals and CFDs on the NPBFX online portal. Daily analytics with charts, current market prognoses and trading scenarios in the Feed section are available. Get free and unlimited access to the online portal after registering on the official website of NPBFX Company.

If you have any questions about trading instruments, you can always ask an analyst in the online chat on the portal and get a free consultation of an experienced specialist.

Use the current recommendations of analysts on Johnson & Johnson and trade efficiently with NPBFX.

 

[Antony_NPBFX]

USD/CAD: US dollar in anticipation of new movement drivers 10.08.2022

Good afternoon, dear forum visitors!

NPBFX offers the latest release of analytics on USD/CAD for a better understanding of the current market situation and more efficient trading.

Current trend

During the Asian session, the USD/CAD pair shows ambiguous trading dynamics, consolidating near 1.2900.

Investors are waiting for new growth drivers for the trading instrument, which may be US data on consumer price dynamics: average market forecasts suggest that inflationary pressure will begin to decrease in response to a sharp increase in borrowing costs from the US Federal Reserve. The labor market report for July, released on Friday, strengthened analysts' confidence that the regulator will continue its "hawkish" monetary policy.

Statistics from the Canadian Department of Labor reflected another fall in the number employed in the country in July by 30.6K after a decrease of 43.2K earlier, although market forecasts assumed a moderate increase in the indicator by 20.0K. Against this background, the share of the labor force in the total population declined from 64.9% to 64.7%, in stark contrast to the expected rise to 65.3%, while the unemployment rate remained unchanged at 4.9% rather than rising to 5.0% as expected. Ivey's business activity statistics provided additional pressure on the Canadian dollar: in July, the indicator fell from 57.8 points to 53.2 points.

Support and resistance

On the daily chart, Bollinger bands are moving flat: the price range remains practically unchanged, remaining quite spacious for the current market activity level. The MACD indicator grows, keeping a poor buy signal (the histogram is above the signal line), and tries to consolidate above the zero line. Stochastic, on the contrary, maintains a confident downward direction and practically does not react to restoring the "bullish" activity in yesterday's trading.

Resistance levels: 1.2900, 1.2950, 1.3000, 1.3050.
Support levels: 1.2850, 1.2800, 1.2750, 1.2700.

Trading tips

Long positions may be opened after the breakout of 1.2900 with the target at 1.3000. Stop loss – 1.2850. Implementation period: 2–3 days.

Short positions may be opened after the rebound from 1.2900 and the breakdown of 1.2850 with the target at 1.2750. Stop loss – 1.2900.

Use more opportunities of the NPBFX analytical portal: analytics

You can find more actual analytical reviews on other popular currency pairs, metals and CFDs on the NPBFX online portal. Daily analytics with charts, current market prognoses and trading scenarios in the Feed section are available. Get free and unlimited access to the online portal after registering on the official website of NPBFX Company.

If you have any questions about trading instruments, you can always ask an analyst in the online chat on the portal and get a free consultation of an experienced specialist.

Use the current recommendations of analysts on USD/CAD and trade efficiently with NPBFX.

 

[Antony_NPBFX]

EUR/USD: euro is trying to consolidate above 1.0300 12.08.2022

Good afternoon, dear forum visitors!

NPBFX offers the latest release of analytics on EUR/USD for a better understanding of the current market situation and more efficient trading.

Current trend

The European currency shows ambiguous dynamics, consolidating near 1.0315. The day before, EUR/USD again made attempts to strengthen its positions, approaching the local highs of July 5, updated on Wednesday. The surge of "bullish" sentiment was due to the depreciation of the US currency against the backdrop of the release of optimistic data on consumer inflation. However, the correction of the dollar did not last long, and soon the demand for the asset began to recover, and the quotes were supported by statements by representatives of the US Federal Reserve. In particular, the Chair of the San Francisco Fed, Mary Daly, said that she still expects a 75 basis point increase in interest rates during the September meeting of the regulator.

The pressure on the dollar increased again yesterday after the release of statistics on the Producer Price Index, which in July decreased by 0.5% in monthly terms and added 9.8% in annual terms, which was significantly lower than the market's expectations of an increase in indicators by 0.2% and 10.4% respectively.

Today, investors will pay attention to the July publications on consumer inflation in France and Spain, as well as data on the dynamics of Industrial Production in the euro area.

According to Bloomberg, European industrial enterprises are in a difficult situation after the decision of the authorities to reduce gas imports. Volkswagen AG representatives predict a fall in revenue against the background of regularly rising fuel tariffs and a decrease in car sales (in July, the figure was -20.0%). Now Tesla Inc. has become the market leader in electric vehicles, increasing its presence in Germany by 0.6%. Meanwhile, automotive components manufacturer Continental AG has estimated additional costs for raw materials and energy at 3.5 billion euros. The German government has already received a large number of applications from enterprises asking for exemption from the need to save "blue fuel" due to the difficult economic situation.

Support and resistance

Bollinger Bands in D1 chart show moderate growth. The price range is expanding but it fails to conform to the "bullish" activity at the moment. MACD grows, preserving a stable buy signal (located above the signal line). The indicator is also trying to consolidate above the zero level. Stochastic, having approached the level of "80", reversed into a horizontal plane, indicating the risks of the overbought instrument in the ultra-short term.

Resistance levels: 1.0350, 1.0400, 1.0450, 1.0500.
Support levels: 1.0300, 1.0253, 1.0200, 1.0150.

Trading tips

Short positions may be opened after a breakdown of 1.0300 with the target at 1.0200. Stop-loss — 1.0350. Implementation time: 1-2 days.

A rebound from 1.0300 as from support followed by a breakout of 1.0350 may become a signal for opening new long positions with the target at 1.0450. Stop-loss — 1.0300.

Use more opportunities of the NPBFX analytical portal: glossary

Beginning traders certainly face a lot of specialized concepts and lexicon on FOREX, which are often not fully been understood. Swap, tick, hedge, margin calls are often unfamiliar to beginning traders. But the lack of knowledge of these fundamentals make a competent market vision impossible. So glossary on the NPBFX analytical portal could be an excellent helper in this case, which contains all the main definitions with explanations in a compact and accessible form. All concepts are arranged in alphabetical order, so that you can easily and quickly find and explore a new concept for yourself.

If you have any questions about trading instruments, you can always ask an analyst in the online chat on the portal and get a free consultation of an experienced specialist.

Use the current recommendations of analysts on EUR/USD and trade efficiently with NPBFX.

 

[Antony_NPBFX]

Apple Inc.: technical analysis 15.08.2022

Good afternoon, dear forum visitors!

NPBFX offers the latest release of analytics on Apple Inc. for a better understanding of the current market situation and more efficient trading.

The shares of Apple Inc., an American technology company, are in a corrective trend at around 172.00.

On the daily chart, the price is within the global Expanding formation pattern, completing another up wave and approaching the resistance line at 174.00.

On the four-hour chart, it is seen that the current wave is the fifth one and, therefore, the last of the obligatory ones, and within its framework, the upper border of the pattern may be broken, and the year’s high of 183.00 will be the local target for the upward movement.

The technical indicators confirm the high probability of continuation of positive dynamics: indicator Alligator’s EMA oscillation range expands upwards, and the histogram of the AO oscillator forms rising bars in the buying zone.

Trading tips

Long positions may be opened after the price rises and consolidates above 174.80 with the target at 182.70 and stop loss 172.00. Implementation period: 7 days or more.

Short positions may be opened after a reversal, reduction, and consolidation of the price below 167.60 with the target at 156.70. Stop loss – 170.00.

Use more opportunities of the NPBFX analytical portal: analytics

You can find more actual analytical reviews on other popular currency pairs, metals and CFDs on the NPBFX online portal. Daily analytics with charts, current market prognoses and trading scenarios in the Feed section are available. Get free and unlimited access to the online portal after registering on the official website of NPBFX Company.

If you have any questions about trading instruments, you can always ask an analyst in the online chat on the portal and get a free consultation of an experienced specialist.

Use the current recommendations of analysts on Apple Inc. and trade efficiently with NPBFX.

 

[Antony_NPBFX]

EUR/USD: rising gas prices put pressure on the euro 17.08.2022

Good afternoon, dear forum visitors!

NPBFX offers the latest release of analytics on EUR/USD for a better understanding of the current market situation and more efficient trading.

Current trend

Since the beginning of the week, the European currency continues its downtrend, under pressure from rising natural gas prices and weak macroeconomic statistics. Now the quotes of the EUR/USD pair are in a corrective trend, trading around 1.0182.

Earlier, the governments of the eurozone countries adopted a resolution under which they will voluntarily reduce gas consumption by 15% until the end of March next year in order to reduce fuel shortages due to supply restrictions from Russia. Against the background of this decision, the prices for "blue fuel" are showing a sharp increase, at the moment reaching record March levels in the region of 2.6 thousand euros per 1.0 thousand cubic meters. In turn, macroeconomic statistics turned out to be quite weak: the August ZEW Survey on Current Situation in Germany fell to –47.6 points, and ZEW Economic Sentiment was –55.3 points, while the same indicator in the eurozone adjusted to –54.9 points from –51.1 points a month earlier.

As a result, the EUR/USD pair is declining, despite the similar dynamics of the US dollar, which is losing ground after the publication of a disappointing report on the real estate market: the number of Building Permits issued fell in July by 1.3% to 1.674 million from 1.696 million, and the volume of Housing Starts declined by 9.6%, amounting to only 1.446 million against 1.599 million a month earlier.

Support and resistance

The EUR/USD pair is holding within the global downward channel, reversing to the downside again. Technical indicators, having reversed in the direction of growth, once again gave a signal to sell. The fast Alligator indicator EMAs crossed the signal line from above, and the histogram of the AO oscillator is forming descending bars approaching the transition level.

Support levels: 1.0111, 0.9951.
Resistance levels: 1.0260, 1.0406.

Trading tips

If the asset reverses and continues global decline and the price consolidates below the support level at 1.0111, short positions can be opened with the target at 0.9951. Stop-loss — 1.0180. Implementation time: 7 days and more.

If the asset continues corrective growth and the price consolidates above the local resistance level of 1.0260, long positions will be relevant with target at 1.0406. Stop-loss — 1.0200.

Use more opportunities of the NPBFX analytical portal: glossary

Beginning traders certainly face a lot of specialized concepts and lexicon on FOREX, which are often not fully been understood. Swap, tick, hedge, margin calls are often unfamiliar to beginning traders. But the lack of knowledge of these fundamentals make a competent market vision impossible. So glossary on the NPBFX analytical portal could be an excellent helper in this case, which contains all the main definitions with explanations in a compact and accessible form. All concepts are arranged in alphabetical order, so that you can easily and quickly find and explore a new concept for yourself.

If you have any questions about trading instruments, you can always ask an analyst in the online chat on the portal and get a free consultation of an experienced specialist.

Use the current recommendations of analysts on EUR/USD and trade efficiently with NPBFX.

 

[Antony_NPBFX]

Hewlett-Packard Co.: technical analysis 19.08.2022

Good afternoon, dear forum visitors!

NPBFX offers the latest release of analytics on Hewlett-Packard Co. for a better understanding of the current market situation and more efficient trading.

The shares of Hewlett-Packard Co., an American IT company providing hardware and software services, are moving within a corrective trend around 35.20.

On the daily chart, the price returned to the wide sideways channel 34.00–40.00 and is trying to continue growing towards its upper border.

On the four-hour chart, a local upward impulse develops in the form of a narrow corridor with dynamic boundaries at 34.00–36.00 and keeping quotes in this range temporarily excludes the possibility of a reverse exit from the global channel.

Technical indicators keep a stable buy signal: fast EMAs on the Alligator indicator expand the range of fluctuations upwards, and the AO oscillator histogram forms rising bars.

Trading tips

Long positions may be opened after the price rises and consolidates above 36.00 with the target at 40.00. Stop loss — 34.00. Implementation period: 7 days or more.

Short positions may be opened after a reversal, reduction, and consolidation of the price below 34.10 with the target at 30.00. Stop loss — 36.00.

Use more opportunities of the NPBFX analytical portal: E-book

If you just recently started to be interested in trading on FOREX and would like to deepen your knowledge, an electronic Beginner's Guide to FOREX Trading will be an excellent helper for you here. The book consists of 5 chapters and reflects fundamental concepts of the foreign exchange market to start successful trading. From the main chapters of the E-book you can learn about the concepts and history of FOREX, currencies and trend lines, technical indicators, types of orders, trading on news, psychology of trading, risk management and much more.

You can read a Beginner's guide to FOREX Trading online or download it free of charge from the NPBFX analytical portal in the "Education" section. In order to get unlimited access to the E-book and other useful instruments on the portal, you need to register on the NPBFX website.

If you have any questions about trading instruments, you can always ask an analyst in the online chat on the portal and get a free consultation of an experienced specialist.

Use the current recommendations of analysts on Hewlett-Packard Co. and trade efficiently with NPBFX.