Tag: technical analysis

Technical analysis is a discipline where traders use different tools and indicators to try to predict or prepare for price movements of any asset. Our traders use technical analysis regularly to bring the best analysis directly to you.
XPD/USD statistical and technical analysis
XPD
-0.78%

XPD/USD statistical and technical analysis

As there is a shortage of semiconductor around the world, car production is slowing and the price of metals used mainly in gasoline engine filters is weakening. The current price of XPD/USD - Palladium Spot US Dollar is 1 919 (October 01, 2021). However, it is currently traded in an important zone. Let’s turn to statistical and technical analyzes.
AUD/USD strengthens, dollar eases amid profit-taking
AUDUSD
1.51%

AUD/USD strengthens, dollar eases amid profit-taking

The AUD/USD pair jumped Friday, but it remains under a strong resistance, unable to maintain bullish momentum.
Bitcoin holds a chance at becoming bullish!
BTC
2.15%

Bitcoin holds a chance at becoming bullish!

Today, we will take a closer look at the current situation on Bitcoin from several points of view. Altcoins and S&P500 will be briefly mentioned too.

Indices are falling. Is this the beginning of something bigger?

In today's analysis, we will look at two of the most prominent world indices that determine the trend, namely the S&P500 and NASDAQ.

Best Buy (BBY) – basic stock analysis

Best Buy Co., Inc. is a provider of technology products, services and solutions. BBY was founded in 1966 and is headquartered in Richfield, Minnesota. Our estimated price for the company is around 112 USD. Extremely positive and negative target price estimates range from 99 to 144 USD.
Crude Oil (WTI) statistical and technical analysis
WTIOIL
-2.02%

Crude Oil (WTI) statistical and technical analysis

The change in the number of crude oil barrels held in inventory has been falling for seven weeks in a row. The lack of supply also pushes the price higher. The current price of Crude Oil (WTI) is 73.98 (September 24, 2021). This commodity is currently aimed at testing this year’s highs. Let us therefore look at statistical and technical analyzes.

Bitcoin is still falling. What to expect now?

This week was marked by a decline in cryptocurrencies. The first decline came on Monday due to the Chinese company Evergrande, which led to a decline not only in cryptocurrencies but in world markets in general. Today, bad news came again from China regarding the legality of transactions.
EUR/USD statistical and technical analysis
EURUSD
0.55%

EUR/USD statistical and technical analysis

Evergrande’s missed payments can shake global financial markets. In that case, the temporary winner may be the US dollar. The current price of the EUR/USD exchange rate is 1.1719 (September 21, 2021). The currency pair is again in an important support zone. Let us therefore look at statistical and technical analyzes.
XAU/USD statistical and technical analysis
XAU
0.48%

XAU/USD statistical and technical analysis

Better than expected US retail sales data pushed the US dollar up. As a result, the price of precious metals has fallen. The current price of XAU/USD - Gold Spot US Dollar is 1 754 (September 18, 2021). This commodity is currently being traded again in an important area. Let’s now look at statistical and technical analyzes.
Bitcoin a week after the significant drop
BTC
2.15%

Bitcoin a week after the significant drop

Today we will look again at Bitcoin and the market as a whole. It has been a week since we have witnessed a drop. So what is the current situation and has anything changed?
Is DOW JONES losing its strength? What can this mean for indices in general?
DOW
-0.35%

Is DOW JONES losing its strength? What can this mean for indices in general?

The Dow Jones is one of the key indices of the world economy. Together with the SP 500 or NASDAQ, it is one of the most important indices also in the trading world. However, the last week does not look very good for this index. Because compared to the rest of the market, DOW JONES is starting to lose ground.
AUD/USD statistical and technical analysis
AUDUSD
1.51%

AUD/USD statistical and technical analysis

Today’s words from the RBA governor didn’t support the currency. Lowe doesn’t see a rate hike before 2024. The current price of the AUD/USD exchange rate is 0.7318 (September 14, 2021). In August, it rebounded from an important zone. We will therefore move on to statistical and technical analyzes.