NVDA quotes continue to move within the growth and bullish channel. Moving averages indicate a short-term uptrend for Nvidia. Prices are bouncing up from the area between the signal lines, which indicates pressure from buyers of securities. At the time of publication of the forecast, the share price is 819.49. As part of the forecast, we should expect an attempt to develop a correction and a test of the support level near the area of 760.05. Further, the rebound and the continuation of the rise in the value of securities. The potential target of such a movement is the area…
Author: forex24pro
forex24pro
I trade in the foreign exchange market, and also invest in cryptocurrencies. I am 35 years old. Trade experience is 12 years. In trade, I use several unique trading systems, as well as simple tools for technical analysis. I plan to write my own book on trading.
NIO quotes continue to move within a minor correction and a bullish channel. Moving averages indicate a short-term uptrend in the NIO. Prices are testing the areas between the signal lines, which indicates pressure from buyers of securities. At the time of publication of the forecast, the share price is 50.39. As part of the forecast, we should expect an attempt to develop a correction and a test of the support level near the 48.05 area. Further, the rebound and the continuation of the rise in the value of securities. The potential target of such a movement is the area…
AMC quotes continue to move as part of the correction and the formation of the ”Triangle” pattern. Moving averages indicate a short-term bearish trend in the AMC. Prices moved down from the area between the signal lines, which indicates pressure from the sellers of the securities. At the time of publication of the forecast the share price is 52.01. As part of the forecast, we should expect an attempt to develop a correction and a test of the support level near the 50.55 area. Further, the rebound and the continuation of the rise in the value of securities. The potential…
GameStop quotes continue to move within the fall and the downtrend channel. Moving averages indicate a short-term bearish trend in GME. Prices moved down from the area between the signal lines downward, which indicates pressure from the sellers of securities. At the time of publication of the forecast, the share price is 202.72. As part of the forecast, we should expect an attempt to develop a correction and test the resistance level near the 210.05 area. Further, the rebound and the continuation of the fall in the value of securities. A potential target of such a movement is the area…
Alibaba quotes continue to move as part of the rise and the start of working out the ”Wedge” model. Moving averages indicate a short-term bearish trend for Alibaba. Prices moved up from the area between the signal lines, which indicates pressure from buyers of securities. At the time of publication of the forecast, the share price is 217.76. As part of the forecast, we should expect an attempt to develop a correction and a test of the support level near the 205.05 area. Further, the rebound and the continuation of the rise in the value of securities. The potential target…
AMD quotes continue to move as part of the rise and almost reached an important resistance. Moving averages indicate a short-term bullish trend for AMD. Prices moved up from the area between the signal lines, which indicates pressure from buyers of securities. At the time of publication of the forecast, the share price is 94.69. As part of the forecast, we should expect an attempt to develop a correction and a test of the support level near the 91.05 area. Further, the rebound and the continuation of the rise in the value of securities. The potential target of such a…
Currency pair Euro Dollar EUR/USD completes the trading week near the 1.1824 area. The pair continues to move within the framework of the correction and the formation of a large “Head and Shoulders” pattern. Moving averages indicate a bullish trend for the pair. Prices broke through the area between the signal lines downward, which indicates pressure from the sellers of the European currency and the likely continuation of the fall from the current levels. At the moment, we should expect an attempt to develop a bullish correction and test the resistance area near the level of 1.1955. Where the rebound…
BRENT finish the trading week near the area of $ 75.76 per barrel. And it continues to move within the framework of the growth and the ascending channel. Moving averages indicate a bullish trend. Prices moved up from the area between the signal lines, which indicates pressure from buyers of raw materials and a potential continuation of the rise. At the moment, we should expect an attempt to develop a fall and a test of the support area near the level of 68.55. Then, a rebound and continued growth of oil to the area above the level of $ 90.50…
Currency pair Pound Dollar GBP/USD ends the trading week near the 1.3753 area. The pair continues to move as part of the fall and the formation of the “Double Top” reversal pattern. Moving averages indicate a bullish trend. Prices are testing the area between the signal lines, which indicates pressure from buyers and a potential continuation of the rise in the British Pound against the US Dollar at current levels. At this point, we should expect an attempt to grow and test the resistance area near the level of 1.3905. Further, the rebound and the beginning of the fall in…
Currency pair US Dollar to Russian Ruble USD/RUB ends the trading week near the level of 73.55 Rubles per US Dollar. The pair continues to move within the fall and left the ”Triangle” pattern. Moving averages indicate a bullish trend. Prices have broken down the area between the signal lines, which indicates pressure from the US Dollar sellers. In the current trading week July 5 — 9, 2021 we should expect an attempt to develop a correction and test the resistance area near the level of 76.05. Where can we expect a rebound and a continuation of the fall in…