IBM stock price surpassing our second target
Violet lines- Fibonacci retracements Red lines- Fibonacci extension levels We have been bearish IBM stock for some time now. Price remains in a be…
Showing posts with the label targetShow all
Combining volume profile in technical analysis: Bitcoin's target is $21250 (apx 5% lower)
Opinion provided as the technical analysis video shows the next price 'magnets' An effective bitcoin trading method based on volume pro…
GBP/USD. Analysis for February 7. Neil Kashkari: The target rate is 5.4%.
The wave pattern for the pound/dollar pair now appears very confusing but does not call for any clarifications. The wave patterns for the euro and t…
EURUSD keeps above the support target after another retest
The high today failed on the topside and rotated back to the downside EURUSD completes the run to the downside support The EURUSD moved dow…
Gold swing higher ends, 1,688 seen as target
The price of gold has dropped like a rock today and now it is trading at the 1,701 level. Unfortunately, XAU/USD failed to stay in the buyer's te…
AUDUSD got the break higher after holding some key support. Resistance target stalls rise.
Correct to the 38.2% of the move down from the August high AUDUSD holds floor support but stalls at 38.2% on correction In the morning fore…
BAC stock price approaching our target
Black lines- trading range Blue lines- Fibonacci extension targets In the middle of July our analysis on BAC stock price noted that a break out wa…
Gold aims at 1,676 as major target
The price of Gold changed little in the short term. It was trading at 1,705 at the time of writing. The bias remains bearish despite temporary reboun…
NZDUSD nearly erases it's declines and approaches a key technical target, but stalls
NZDUSD bounces back toward the 100 hour moving average The NZDUSD peaked in the Asian session at 0.6132 before rotating back to the downside. T…
Bearish Litecoin target of $32
Blue line- RSI bullish divergence Red lines- wedge pattern green line- horizontal resistance Litecoin price action remains bearish. Price is stil…
Target’s soft outlook boosts equity markets I warned yesterday that with a dearth of heavyweight data this week until Friday’s US CPI, we were like…
EUR/JPY. Upward trend in full swing: 140.50 target
On Friday, dollar pairs waited for the May Nonfarm Payrolls report, which was set to be published at the beginning of the US session. Therefore, even…
