NPBFX - npbfx.com

[Antony_NPBFX]

Alcoa Corp.: technical analysis 28.08.2024

Good afternoon, dear forum visitors!

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

Shares of Alcoa Corp., one of the largest aluminum producers, are correcting at 34.00.

On the daily chart, the price is retreating from the upper border of the downward channel with dynamic boundaries of 34.00–28.00.

On the four-hour chart, the potential for further increase remains strong. The price has already left the range, holding around 35.00. After a breakout, growth may continue to the global target of 39.00. A breakdown of last week’s low of 33.00 will allow the asset to decline to the August low of 28.00.

Technical indicators gave a buy signal: the EMA fluctuation range on the Alligator indicator is expanding in the direction of growth, and the AO histogram is forming ascending bars in the buy zone.

Trading tips

Long positions may be opened after the price grows and consolidates above 35.10, with the target at 38.80. Stop loss — 34.00. Implementation period: 7 days or more.

Short positions may be opened after the price declines and consolidates below 33.10, with the target at 27.80. Stop loss — 35.00.

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 Alcoa Corp. and trade efficiently with NPBFX.

 

[Antony_NPBFX]

Johnson & Johnson: technical analysis 30.08.2024

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 Johnson & Johnson, one of the leading retail holdings, are correcting at 164.00.

On the daily chart, the price is holding above the resistance line of the ascending channel with dynamic boundaries of 157.00–145.00, preparing to continue growing.

On the four-hour chart, the quotes have almost reached the annual high of 165.00, and after consolidation above it, growth may continue to 175.00. The probability of a decline may develop only if the asset consolidates below 162.00.

Technical indicators maintain a buy signal: the EMA fluctuation range on the Alligator indicator is expanding in the direction of growth, and the AO histogram is forming correction bars above the transition level.

Trading tips

Long positions may be opened after the price grows and consolidates above 165.60, with the target at 175.00. Stop loss — 162.00. Implementation period: 7 days or more.

Short positions may be opened after the price declines and consolidates below 162.50, with the target at 154.20. Stop loss — 165.00.

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 Johnson & Johnson and trade efficiently with NPBFX.

 

[Antony_NPBFX]

General Electric Co.: technical analysis 02.09.2024

Good afternoon, dear forum visitors!

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

General Electric Co., an American diversified corporation, is trading at 174.00.

On the daily chart, the price maintains stable dynamics in the correction trend, forming an ascending channel with dynamic boundaries of 187.00–156.00.

On the four-hour chart, the quotes are moving towards the resistance line of 185.00. Today, they can consolidate above the previous trend high of 177.00. After a breakdown of 170.00, the probability of a downward movement will increase.

Technical indicators reinforce the buy signal: fast EMA on the Alligator indicator crossed the signal line upwards, expanding the range of fluctuations, and the AO histogram forms correction bars above the transition level.

Trading tips

Long positions may be opened after the price rises and consolidates above 177.00, with the target at 188.00. Stop loss is 175.00. Implementation period: 7 days or more.

Short positions may be opened after the price falls and consolidates below 170.60, with the target at 156.00. Stop loss is 173.00.

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

You can learn more about the current situation 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 GBP/USD, EUR/USD, USD/CHF, AUD/USD. 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 General Electric Co. and trade efficiently with NPBFX.

 

[Antony_NPBFX]

USD/CHF: the Q2 Swiss economy grew at the fastest pace in two years 04.09.2024

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 testing 0.8480 for a breakdown, developing the “bearish” momentum formed yesterday, when the dollar retreated from the highs of August 23.

On Monday, US trading floors were closed for Labor Day, and investors focused on macroeconomic statistics from Switzerland. The July real retail sales increased from –2.6% to 2.7%, compared to forecasts of –0.2%. In the manufacturing sector, growth was recorded by 2.6% QoQ in the last quarter, and in construction – by 0.1%. However, the decline in the retail segment was 0.4% after two-quarter positive dynamics. Consumer spending rose 0.3%, and government spending rose 0.2% in April-June, while exports fell 5.0% and imports fell 13.8%. The August business activity index rose to 49.0 from 43.5, beating the preliminary estimate of 44.0. Investors yesterday noted the increase in the Q2 Swiss gross domestic product (GDP), from 0.5% to 0.7% QoQ and from 0.6% to 1.8% YoY. In addition, the August consumer price index slowed from 1.3% to 1.1% YoY and was 0.0% MoM. The slowdown in inflation has increased pressure on Swiss National Bank officials to adjust the interest rate further, which was changed by –25 basis points at its meeting on June 20.

At the end of the week, experts expect the publication of the final US labor market report for August. According to preliminary estimates, nonfarm payrolls will change from 114.0K to 160.0K, the average hourly wage – from 0.2% to 0.3% MoM and from 3.6% to 3.7% YoY, and the unemployment rate – from 4.3% to 4.2%.

Support and resistance

On the daily chart, Bollinger bands are steadily declining. The price range is narrowing, reflecting the emergence of ambiguous trading dynamics in the short term. The MACD indicator is growing, maintaining a poor buy signal (the histogram is above the signal line). Stochastic, having retreated from the highs, is reversing into a downward plane, indicating that the US dollar may become overbought in the ultra-short term.

Resistance levels: 0.8500, 0.8559, 0.8600, 0.8630.
Support levels: 0.8450, 0.8400, 0.8365, 0.8331.

Trading tips

Short positions may be opened after a breakdown of 0.8450, with the target at 0.8365. Stop loss — 0.8500. Implementation period: 1–2 days.

Long positions may be opened after a rebound from 0.8450 a breakout of 0.8500, with the target at 0.8600. Stop loss — 0.8450.

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/CHF and trade efficiently with NPBFX.

 

[Antony_NPBFX]

AUD/USD: consolidation ahead of US labor market report 06.09.2024

Good afternoon, dear forum visitors!

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

Current trend

The AUD/USD pair is showing mixed trading, consolidating near 0.6735 ahead of the August US labor market report, the results of which could adjust the US Federal Reserve's plans for an expected reduction in borrowing costs in September.

The main scenario, as before, assumes an interest rate adjustment of –25 basis points, but macroeconomic statistics that entered the market this week have significantly increased the likelihood of a reduction of the indicator by 50 basis points at once. In particular, the report from Automatic Data Processing (ADP) on the level of employment in the private sector reflected a correction from 111.0 thousand to 99.0 thousand against the forecast of 145.0 thousand, which was the smallest increase since January 2021.

Meanwhile, macroeconomic statistics from Australia provide moderate support to the instrument: the day before, investors paid attention to the acceleration of the trade surplus in July from 5.43 billion Australian dollars to 6.01 billion Australian dollars with preliminary estimates of 5.15 billion Australian dollars, which is due to a sharp drop in Imports by 0.8% after an increase of 0.4% in the previous month, while Exports adjusted from 1.4% to 0.7%.

Market participants also took note of the rather "hawkish" rhetoric of the Governor of the Reserve Bank of Australia (RBA), Michele Bullock, who said that borrowing costs would be kept at current levels for some time, since it was premature to consider the possibility of reducing them in the short term due to the continuing risks of inflation. The official stressed that domestic price pressures, especially in the real estate and services sectors, prevent the indicator from returning to the target range of 2.0-3.0% before the end of 2025. Today, the instrument is supported by the acceleration of the dynamics of Home Loans in July by 2.9% after 0.5% with a forecast of 1.0%.

Support and resistance

In the daily chart, Bollinger Bands are reversing horizontally. The price range is almost unchanged, but it remains rather spacious for the current level of activity in the market. MACD is going down preserving a stable sell signal (located below the signal line). Stochastic, having retreated from the level of "20", is developing a restrained upward correction, signaling in favor of the development of a full-fledged upward trend in the ultra-short term.

Resistance levels: 0.6750, 0.6775, 0.6800, 0.6825.
Support levels: 0.6725, 0.6700, 0.6675, 0.6646.

Scenario

Timeframe Intraday
Recommendation SELL STOP
Entry Point 0.6700
Take Profit 0.6646
Stop Loss 0.6725
Key Levels 0.6646, 0.6675, 0.6700, 0.6725, 0.6750, 0.6775, 0.6800, 0.6825

Alternative scenario

Recommendation BUY STOP
Entry Point 0.6750
Take Profit 0.6800
Stop Loss 0.6725
Key Levels 0.6646, 0.6675, 0.6700, 0.6725, 0.6750, 0.6775, 0.6800, 0.6825

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 AUD/USD and trade efficiently with NPBFX.

 

[Antony_NPBFX]

McDonald’s Corp.: technical analysis 09.09.2024

Good afternoon, dear forum visitors!

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

Shares of McDonald’s Corp., the largest fast food chain, are correcting in a local trend at 289.00.

On the daily chart, the price is retreating from the resistance line of the downwards channel 258.00–243.00, approaching annual highs.

On the four-hour chart, today there may be the first accentuated attempt to test the local high of 292.00. The probability of breakout the level is much higher than the decline. However, in case of a reversal, a correction to the support level of 270.00 is possible.

Technical indicators maintain a buy position: fast EMA on the Alligator indicator are above the signal line, and the AO histogram forms correction bars above the transition level.

Trading tips

Long positions may be opened after the price rises and consolidates above 292.00, with the target at 301.00. Stop loss is 286.00. Implementation period: 7 days or more.

Short positions may be opened after the price declines and consolidates below 285.00, with the target at 275.00. Stop loss — 290.00.

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

You can learn more about the current situation 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 GBP/USD, EUR/USD, USD/CHF, AUD/USD. 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 McDonald’s Corp. and trade efficiently with NPBFX.

 

[Antony_NPBFX]

IBM Corp.: technical analysis 11.09.2024

Good afternoon, dear forum visitors!

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

Shares of IBM Corp., a giant in the field of development and sale of hardware software, are trading in a correction trend at 205.00.

On the daily chart, the price is approaching the resistance line of the ascending channel with dynamic boundaries of 210.00–195.00.

On the four-hour chart, the quotes renewed the annual high of 198.00. If growth continues, the next targets will be the channel resistance line of 208.00 and 220.00. If the asset falls below the 200.00 area, it may reach the channel support line of 195.00.

Technical indicators strengthen the buy signal: fast EMAs on the Alligator indicator are moving away from the signal line, expanding the range of oscillation, and the AO histogram is forming ascending bars, rising above the transition level.

Trading tips

Long positions may be opened after the price rises and consolidates above 207.40, with the target at 220.00. Stop loss — 202.00. Implementation period: 7 days or more.

Short positions may be opened after the price falls and consolidates below 201.50, with the target at 188.60 and stop loss of 205.00.

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 IBM Corp. and trade efficiently with NPBFX.

 

[Antony_NPBFX]

Amazon.com Inc.: technical analysis 13.09.2024

Good afternoon, dear forum visitors!

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

Shares of Amazon.com Inc., a leader in e-commerce, continue a moderate correction, trading at 187.00.

On the daily chart, the price is approaching the support line of the ascending channel with dynamic boundaries of 220.00–186.00.

On the four-hour chart, the increase in the quotes is a reverse test of the support line of the channel at 187.00, after a breakout of which the asset will return to the range, and the targets of 195.00 and 200.00 are relevant. The channel exit downwards occurred with a price gap of 183.30–165.40, which has already been completely covered, confirming the high growth potential.

Technical indicators strengthen the buy signal: the EMA fluctuation range on the Alligator indicator is expanding, and the AO histogram is forming ascending bars in the buy zone.

Trading tips

Long positions may be opened after the price rises and consolidates above 189.30, with the target around 200.00. Stop loss is 185.00. Implementation period: 7 days or more.

Short positions may be opened after the price falls and consolidates below 183.40, with the target at 171.00. Stop loss is slightly above the current quote of 188.00.

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 Amazon.com Inc. and trade efficiently with NPBFX.

 

[Antony_NPBFX]

Nvidia Corp.: technical analysis 16.09.2024

Good afternoon, dear forum visitors!

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

Shares of Nvidia Corp., an American giant in the field of video graphics processor development, are trading at 119.00.

On the daily chart, the price is correcting below the resistance line of the downward channel 125.00–95.00.

On the four-hour chart, there is a high probability of continued growth, and the approach of the quotes to the high of 132.00 can significantly accelerate its pace. The only obstacle is the intermediate high of 122.00. Consolidation above will allow the asset to reach 140.00.

Technical indicators are preparing to give a buy signal. Fast EMAs on the Alligator indicator are approaching the signal line, narrowing the EMA oscillation range, and the AO histogram is forming correction bars around the transition level.

Trading tips

Long positions may be opened after the price rises and consolidates above 122.00, with the target at 139.00. Stop loss is 119.00. Implementation period: 7 days or more.

Short positions may be opened after the price falls and consolidates below 113.50, with the target at 96.20. Stop loss is 117.00.

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

You can learn more about the current situation 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 GBP/USD, EUR/USD, USD/CHF, AUD/USD. 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 Nvidia Corp. and trade efficiently with NPBFX.

 

[Antony_NPBFX]

Johnson & Johnson: technical analysis 18.09.2024

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 Johnson & Johnson, one of the leading retail holdings, are correcting, trading at 167.00.

On the daily chart, the price is below the resistance line of the ascending channel with dynamic boundaries of 169.00–147.00.

On the four-hour chart, the quotes almost reached the annual high of 168.00. After the consolidation above, the movement will continue to the 175.00 area. A decline is possible only in case of asset consolidation below 165.00.

Technical indicators maintain a buy signal: the EMAs fluctuation range on the Alligator indicator is expanding in the growth direction, and the AO histogram is forming correction bars above the transition level.

Trading tips

Long positions may be opened after the price consolidates above 168.30, with the target at 174.00. Stop loss is 165.00. Implementation period: 7 days or more.

Short positions may be opened after the price consolidates below 165.30, with the target at 157.50. Stop loss is 168.00.

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.