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[Antony_NPBFX]

Tesla Inc.: technical analysis 20.05.2022

Good afternoon, dear forum visitors!

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

The shares of Tesla Inc., the world's leading manufacturer of electric cars, continue their global correction, trading at 709.00.

On the daily chart of the asset, the price is moving within the global Expanding formation pattern with dynamic extremes at 1150.00–500.00. At the moment, the instrument is forming the fifth wave of the pattern, which is one of the two most probable waves.

On the four-hour chart, the rate can already break the low of the third wave at 700.00 today, which will be a signal to continue the downward movement. The readings of technical indicators confirm the likelihood of a decline: fast EMAs on the Alligator indicator are actively moving away from the signal line, and the AO oscillator histogram is forming bars with a downward trend in the sell zone.

Trading tips

After the price drops and consolidates below the local minimum at 680.00, the main scenario is relevant, which involves the formation of sell positions with the target at 500.00 and stop loss 750.00. Implementation period: 7 days or more.

After the price reverses, rises, and consolidates above the local resistance level at 764.00, an alternative scenario is relevant, which involves the formation of buy positions with the target at 950.00 and stop loss 700.00.

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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 Tesla Inc. and trade efficiently with NPBFX.

 

[Antony_NPBFX]

XAG/USD: wave analysis 23.05.2022

Good afternoon, dear forum visitors!

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

The pair XAG/USD is in the correction, a fall is possible.

On the daily chart, a downward correction of the higher level develops as the second wave (2), within which the wave C of (2) forms. Now, the fourth wave of the lower level iv of C has formed, and the development of the fifth wave v of C has started, within which a local correction of the lower level is forming as the wave (iv) of v. If the assumption is correct, after the end of the correction, the price will fall to the levels of 18.40–15.60. In this scenario, critical stop loss level is 23.20.

Main scenario

Short positions will become relevant after the end of the correction, below the level of 23.20 with the targets at 18.40–15.60. Implementation period: 7 days and more.

Alternative scenario

The breakout and the consolidation of the price above the level of 23.20 will let the price grow to the levels of 26.20–29.81.

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[Antony_NPBFX]

EUR/USD: statistics from the eurozone disappointed investors 25.05.2022

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 a slight decrease against the US dollar during the Asian session, correcting after the "bullish" start of the week, which led to the renewal of local highs for the instrument from April 25. Quotes are still supported by the moderate weakness of the dollar, which reacts negatively to the publication of mixed macroeconomic statistics. In addition, investors positively assessed the rhetoric of the President of the European Central Bank (ECB) Christine Lagarde, who actually announced the imminent completion of the quantitative easing program and a possible increase in interest rates by 50 basis points in July.

Traders also assess the statement of the President of the European Commission, Ursula von der Leyen, who announced a number of steps to reduce the EU's dependence on Russian energy resources. The authorities intend to accelerate the transition to "green" energy, increasing the current target values from 9% to 13% by 2030. In particular, the construction of solar roofs in new buildings is proposed. About 300 billion euros will be needed for energy reforms, of which about 72 billion euros will be grants and 225 billion can be obtained in the form of loans. Up to 2 billion euros will be needed for oil infrastructure, taking into account the cessation of shipments of Russian oil.

Meanwhile, macroeconomic statistics from the euro area, released the day before, turned out to be negative. Markit Services PMI fell from 57.7 to 56.3 points, which turned out to be worse than market expectations for a reduction to 57.5 points. Composite PMI fell from 55.8 to 54.9 points, which also turned out to be weaker than market forecasts at the level of 55.3 points.

Today, investors are focused on statistics from Germany on updated estimates of GDP for Q1 2022. Also during the day, ECB representatives are expected to speak, including the President of the regulator, Christine Lagarde.

Support and resistance

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

Resistance levels: 1.0747, 1.0800, 1.0850, 1.0900.
Support levels: 1.0700, 1.0640, 1.0600, 1.0500.

Trading tips

Long positions can be opened after breakout of 1.0747 with the target of 1.0850. Stop-loss – 1.0700. Implementation time: 2-3 days.

The breakdown of 1.0640 may serve as a signal to open short positions with the target at 1.0530. Stop-loss – 1.0700.

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 EUR/USD and trade efficiently with NPBFX.

 

[Antony_NPBFX]

USD/CHF: the US dollar remains under pressure 27.05.2022

Good afternoon, dear forum visitors!

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

Current trend

During the Asian session, the USD/CHF pair is slightly corrected, renewing local lows from April 26. The asset is preparing to end trading with a fairly confident decline and continue the development of a strong "bearish" momentum formed last week.

The pressure on quotes is again exerted by uncertain US macroeconomic statistics, which increases the risk that the US Federal Reserve will break the interest rate hike cycle after its planned increase in June and July. Traders fear that the actions of financial regulators, which are due to the fight against high inflation, will lead to a noticeable slowdown in global economic growth. According to the revised data, the contraction of the US economy for the first quarter of this year amounted to 1.5%, which was 0.1% worse than the previous estimate.

On Friday, traders expect the publication in the US of April data on the dynamics of income and expenses of American citizens. Current forecasts suggest that revenue growth will remain flat at 0.5%, while spending could slow from 1.1% to 0.7%.

Support and resistance

On the daily chart, Bollinger Bands are steadily declining: the price range expands, letting the "bears" renew local lows. The MACD indicator falls, keeping a strong sell signal (the histogram is below the signal line). Stochastic is close to its lows, signaling that USD may become oversold in the ultra-short term.

Resistance levels: 0.9600, 0.9637, 0.9700, 0.9762.
Support levels: 0.9535, 0.9459, 0.9400, 0.9300.

Trading tips

Short positions may be opened after the breakdown of 0.9535 with the target at 0.9400. Stop loss – 0.9600. Implementation period: 1–2 days.

Long positions may be opened after the rebound from 0.9535 and the breakout of 0.9600 with the target at 0.9700. Stop loss — 0.9550.

Use more opportunities of the NPBFX analytical portal: weekly FOREX forecast

You can learn more about the current situation on USD/CHF and get acquainted with the weekly analytical forecast in the "Video reviews" section on the NPBFX portal. Weekly video reviews contain trends, key levels, trading recommendations for such popular instruments as AUD/USD, EUR/USD, GBP/USD, USD/JPY. In order to get free and unlimited access to video forecast 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 USD/CHF and trade efficiently with NPBFX.

 

[Antony_NPBFX]

Alibaba Group Holdings Ltd.: technical analysis 30.05.2022

Good afternoon, dear forum visitors!

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

The shares of Alibaba Group Holdings Ltd., one of the largest companies in the world in the field of Internet commerce, are correcting, trading at 92.00.

On the daily chart, a wide downwards channel with dynamic boundaries 70.00–100.00 is formed, within which the price is held for a long time near the resistance line, unsuccessfully trying to break it.

On the four-hour chart, the local Triangle pattern is formed, the upper border of which coincides with the resistance line of the global channel around 100.00.

At the moment, there is no clear signal from the indicators for the subsequent movement yet but, given the factor of the pattern, the growth potential prevails: fast EMA on the Alligator indicator is actively approaching the signaling line, and the histogram of the AO indicator forms upward bars.

Trading tips

After the reverse, growth and consolidation of the price above 101.00, the main scenario is relevant, which involves the formation of buy positions with the target at 119.00 and stop loss 95.00. The implementation period: 7 days or more.

After decrease and consolidation of the price below 81.00, an alternative scenario is relevant, which involves the formation of sell positions with the target at 70.00 and 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 Alibaba Group Holdings Ltd. and trade efficiently with NPBFX.

 

[Antony_NPBFX]

Pfizer Inc.: technical analysis 01.06.2022

Good afternoon, dear forum visitors!

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

The shares of Pfizer Inc., one of the world's largest pharmaceutical companies, are correcting slightly above 53.00.

An uptrend is forming on the daily chart of the asset, and the price is holding above the support line at 49.00, developing a local increase.

On the four-hour chart, it can be seen that the channel with dynamic boundaries 49.00–57.00 is quite stable, and the price is approaching the resistance line, which is the main goal of the current upward movement of quotes. Since the price is in the middle of the channel, a downward scenario with reaching the support line at 49.00 is not excluded.

Technical indicators keep a stable buy signal, which is a priority: fast EMAs on the alligator indicator are above the signal line, and the AO oscillator histogram is trading in the buy zone, forming upward bars.

Trading tips

Long positions may be opened after the price rises and consolidates above 54.70 with the target at 59.00. Stop loss is 53.00. Implementation period: 7 days or more.

Short positions may be opened after a reversal, reduction, and consolidation of the price below 50.80 with the target at 47.70. Stop loss is 52.00.

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 Pfizer Inc. and trade efficiently with NPBFX.

 

[Antony_NPBFX]

Alphabet Inc.: technical analysis 03.06.2022

Good afternoon, dear forum visitors!

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

Alphabet Inc. shares are trading at 2352.00.

On the daily chart of the asset, a global downtrend is forming, within which the price reached the low of the year 2090.0 and is now growing as part of a correction.

On the four-hour chart, the upward movement has already overcome the initial correction of 23.6% Fibonacci around 2274.0, which means the beginning of a full-fledged correction. The main targets for this local growth may be an intermediate correction of 50.0% and a complete correction of 61.8% by Fibonacci at 2480.0 and 2572.0, respectively.

Technical indicators do not exclude growth and have already begun to weaken the global sell signal: fast EMAs on the Alligator indicator are approaching the signal line, and the AO oscillator histogram is trading below the transition level, forming upward bars.

Trading tips

Long positions may be opened after the price rises and consolidates above 2387.0 with the target at 2572.0. Stop loss is 2300.0. Implementation period: 7 days or more.

Short positions may be opened after a reversal, reduction, and consolidation of the price below 2274.0 with the target at 2090.0. Stop loss is 2320.0.

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 Alphabet Inc. and trade efficiently with NPBFX.

 

[Antony_NPBFX]

eBay Inc.: technical analysis 06.06.2022

Good afternoon, dear forum visitors!

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

The shares of eBay Inc., the world's largest online auction, are correcting upwards around the level of 47.00.

On the daily chart, the price is falling within a narrow downwards channel, approaching the resistance line. The key support remains a full correction of 61.8% Fibonacci 46.00, after its breakdown, the downward dynamics will intensify.

On the four-hour chart, local growth may continue after consolidation above the local high of last week around 48.80. In this case, the movement target will be the 50.0% Fibonacci intermediate correction level at 53.30.

At the moment, fast EMAs on the Alligator indicator are approaching the signal line, and the AO oscillator histogram is forming upward bars in the sell zone.

Trading tips

Long positions may be opened after the price rises and consolidates above 48.80 with the target at 53.30 and stop loss around 47.00. Implementation period: 7 days or more.

Short positions may be opened after the consolidation below 46.00 with the target at 40.00. Stop loss is below 48.00.

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 eBay Inc. and trade efficiently with NPBFX.

 

[Antony_NPBFX]

The Walt Disney Co.: technical analysis 08.06.2022

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., one of the leaders in the global entertainment industry, are correcting around 107.00.

On the daily chart of the asset, the formation of a global downwards channel with dynamic boundaries at 90.00–123.00 continues, and after reaching the support line at 91.00, the price reversed upwards.

On the four-hour chart, the current decline has turned into an independent trend, and soon the asset may attempt to reverse test the Fibonacci 61.8% retracement level of 124.00.

Technical indicators are ready for a reversal and signal a significant weakening of the "bears": indicator Alligator’s EMA oscillation range actively narrows, and the histogram of the AO oscillator forms bars with an upward trend in the sell zone.

Trading tips

Long positions may be opened after the price rises and consolidates above 111.00 with the target at 124.00. Stop loss is 105.00. Implementation period: 7 days or more.

Short positions may be opened after the price drops and consolidates below 101.00 with the target at 91.00. Stop loss is 105.00.

Use more opportunities of the NPBFX analytical portal: economic calendar

Be ready for any market changes through global events using the economic calendar on the NPBFX portal. The calendar contains all the most important events of the world economy and prognoses for them. In order to get free and unlimited access to the economic calendar and other useful instruments on the portal, you need to pass a one-time registration 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 The Walt Disney Co. and trade efficiently with NPBFX.

 

[Antony_NPBFX]

Starbucks Corp.: technical analysis 10.06.2022

Good afternoon, dear forum visitors!

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

The shares of Starbucks Corp., one of the largest companies in the world that owns a chain of coffee houses, are trading in a corrective trend around the level of 79.00.

On the daily chart of the asset, a wide downward channel forms, within which the price has renewed the year’s low around 69.00, coinciding with the initial trend of 61.8% for the Fibonacci extension.

On the four-hour chart, the upward correction is strengthening, and the recent achievement of the previous local high of 81.50 is an important marker of growth. The further development of positive dynamics is confirmed by the readings of technical indicators that gave a new buy signal: fast EMAs on the Alligator indicator crossed the signal line upwards, expanding the range of fluctuations, and the histogram of the AO oscillator, having moved into the buy zone, forms ascending bars.

Trading tips

Long positions may be opened after the price rises and consolidates above 81.50 with the target at 93.00. Stop loss is 78.00. Implementation period: 7 days or more.

Short positions may be opened after the price drops and consolidates below 69.00 with the target at 54.00. Stop loss is 78.00.

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 Starbucks Corp. and trade efficiently with NPBFX.