EUR/USD Price Analysis: Remains consolidative below 1.0900
EUR/USD comes under pressure but remains bolstered by 1.0800. Next on the upside emerges the key barrier at 1.0900 the figure. EUR/USD fades the initial test of the 1.0860 region and returns to the negative territory on Friday. Extra range bound mood looks likely for the time being, while the surpass of the so far […]
Week Ahead: Ranged Movement Expected In The Truncated Week; These Levels Stay Crucial | Analyzing India
Over the past couple of weeks, it is being categorically mentioned that so long as the NIFTY stays below the 18300 levels, it is likely to continue to consolidate in the present range. The index has created a very well-defined trading range for itself at the moment and continues to stay within the defined boundaries. […]
MULN down 16.5% this week
Mullen Automotive stock is losing value on Friday. MULN stock has lost more than -16% YTD. To continue its production ramp up goals, Mullen will probably need to keep diluting shareholders. Mullen management could boost oustanding shares from 1.7 billion to 5 billion. Mullen Automotive (MULN) has experienced an awful slide this week. Early January’s […]
SPY Has a Clear Level to Beat | Art’s Charts
The S&P 500 has been trending lower since the peak in January 2022, but this decline could be a long correction after a massive advance. The pattern taking shape and the retracement amount are typical for corrections. Today’s article to highlight this setup and show the key level to beat going forward. The price chart […]
XAG/USD reached a new two-day high but fell short of $24.00
XAG/USD stays firm and climbs as the US Dollar remains offered across the board. Silver Price Analysis: Range-bound but could turn bullish above $24.50; otherwise, it could re-test the 50-DMA. Silver price extended its gains for the second consecutive day, cleared Thursday’s daily high of $23.93, and held its ground above the 20-day Exponential Moving Average […]
The Most Important Breadth Indicator to Follow | The Mindful Investor
I like to keep my process simple. That means I define the market trend using a simple combination of exponential moving averages. That also means that my charts are relatively straightforward, avoiding too many indicators and sticking to what I consider simple measures of trend and momentum.So when I think about market breadth, I (not surprisingly) prefer […]
XAU/USD buyers positioned for a test of $1,950
Gold price booked a fifth straight weekly gain. XAU/USD could extend the uptrend to $1,950, as FXStreet’s Dhwani Mehta notes. Daily technical setup favors Gold bulls “Gold price rebound from the horizontal trendline support around $1,897 levels has revived the uptrend, with buyers positioned for a test of the $1,950 psychological level. The next stop […]
5 Stocks to Save the Planet | The Canadian Technician
At Osprey Strategic, we have been focusing on the energy crisis that has already arrived for much of the world. I’ll cover off five planet-saving stocks here but we need to add some barbell context. Saving the planet has been a theme for investing since Queen Elizabeth was dealing with smog in London back in […]
MEM TV: S&P Regains Upside Momentum
In this episode of StockCharts TV’s The MEM Edge, Mary Ellen reviews the bullish bias in the broader markets while highlighting which areas are in a position to trade higher. She also discusses what’s driving stocks higher and what to be on the lookout for going into next week.This video was originally broadcast on January 20, 2023. […]
Going, Going, Gone: End of Week Themes with GoNoGo Charts | GoNoGo Charts
As the week ends, let’s use GoNoGo Charts to get sense of market moves.The chart below shows the $SPY with daily prices and the full suite of single security GoNoGo Indicators applied. Price moved higher into midweek before tumbling on Wednesday. The last bar of the week saw prices climb from this new low. We saw an […]