Netflix Inc.: wave analysis 25.04.2022

Good afternoon, dear forum visitors!

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

The price may fall.

On the daily chart, the wave and of the higher level formed, and a downward correction develops as the wave B. Now, the wave (А) of B has formed, the correction (B) of B has developed, and the wave (C) of B is forming, within which the first wave of the lower level 1 of (C) has formed. If the assumption is correct, after the end of the wave 2 of (C) the price will fall to the levels of 165.80–83.80. In this scenario, critical stop loss level is 325.85.

Main scenario

Short positions will become relevant after the end of the correction, below the level of 325.85 with the targets at 165.80–83.80. Implementation period: 7 days and more.

Alternative scenario

The breakout and the consolidation of the price above the level of 325.85 will let the price grow to the levels of 397.00–469.77.

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 Netflix Inc. and trade efficiently with  NPBFX.

Apple Inc.: technical analysis 29.04.2022

Good afternoon, dear forum visitors!

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

US tech giant Apple Inc. traded in a corrective trend around 163.00.

On the daily chart of the asset, a wide downward channel continues to form, within which the price is falling towards the support line and has already reached the Fibonacci base retracement level of 38.2% at around 156.00.

Despite the local growth, there is a clear predominance of a downtrend in the four-hour time frame. It is only a matter of time before the price breaks the channel support line at 149.00 and then reaches the full Fibonacci retracement level of 61.8% at 141.00.

The high probability of a global decline in quotes is also confirmed by the readings of technical indicators: the range of EMA fluctuations on the Alligator indicator began to expand towards decline, and the histogram of the AO oscillator moved to the sales zone, forming descending bars.

Trading tips

If the main scenario is realized, the asset reverses and continues to decline, as well as the price consolidating below the Fibonacci base retracement level of 38.2%, located at 156.00, it is worth opening short positions with the target at 141.00 and stop-loss at 160.00. Implementation time: 7 days and more.

If the alternative scenario is implemented and the asset continues to grow, as well as the price consolidates above the initial retracement level of 23.6% at 166.00, long positions with the target at 181.00 will be relevant. Stop-loss – 160.00.

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 Apple Inc. and trade efficiently with  NPBFX.

McDonald’s Corp.: technical analysis 04.05.2022

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 the world's largest fast food chain McDonald's Corp. are declining, trading around 245.00.

On the daily chart of the asset, the formation of a global correction continues, which, after the completion of the next wave of upward movement, is preparing to move on to a new stage of decline. After working out the Head and Shoulders pattern, the quotes of the asset returned to the broken Neckline at around 258.00 and are now preparing for a reversal.

On the four-hour time frame, the upcoming reversal is indicated by the formation of a new local Head and Shoulders pattern, the development of which can continue to the level of the initial trend of 61.8% of the Fibonacci extension at around 226.00. The high probability of a price decline is also confirmed by technical indicators, which almost completely reversed downwards: fast EMAs on the Alligator indicator are actively approaching the signal line, and on the AO oscillator, the histogram continues to form bars with a downtrend, approaching the transition level.

Trading tips

If the asset reverses completely and continues the global decline, and the price consolidates below the local support level at 242.00, short positions can be opened with the target at 226.00. Stop-loss must be set above the local support level of 250.00. Implementation time: 7 days and more.

If the growth of the asset continues and the price consolidates above the local resistance level of 254.00, it is worth opening long positions in order to reach the resistance level of 263.00. Stop-loss – 248.00.

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 McDonald’s Corp. and trade efficiently with  NPBFX.

NZD/USD: pressure on the New Zealand economy intensifies 09.05.2022

Good afternoon, dear forum visitors!

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

Current trend

The New Zealand dollar continues to fall against the US currency after the release of poor macroeconomic data, currently trading around the level of 0.6345.

Thus, according to the publication of Statistics New Zealand, annual wage inflation for March, measured by the labor cost index, increased to 3.0% compared to 2.6% a month earlier and reached its high in the last 13 years. Statistics also recorded an increase in the cost of labor for enterprises, which ultimately leads to an increase in prices for manufactured products, contributing, in turn, to a slowdown in economic recovery. The increase in consumer prices on an annualized basis has already exceeded wage inflation, amounting to 6.9% for March against 3.0% for April and reflecting the declining ability to pay. Also, experts predict a weakening of the national currency due to a negative impact on the economy if demand in China decreases due to the quarantine lockdowns caused by a new wave of COVID-19. From May 5, Beijing residents must provide a negative test for coronavirus in public transport, and from May 1, the same rule applies in all public places.

The US currency continues to trade above 103.000 in the USD Index, and late last week, it received significant support after the release of data on US non-farm payrolls. Despite preliminary estimates by analysts who assumed a decrease in jobs by 391K from 424K a week earlier, the figure remained unchanged, which is a positive factor for the dollar dynamics. Meanwhile, manufacturing jobs rose by 55K from 43K, and private non-farm payrolls stood at 406K against a forecast of 385K. The unemployment rate remained flat at 3.6%, instead of an expected decline to 3 5%, while the average hourly wage slowed growth from 0.5% to 0.3%, allowing investors to hope to reduce inflation. At the moment, market participants are trying to assess how the US economy will be affected by the current tightening of monetary policy by the US Federal Reserve: will it withstand pressure or still go into recession.

Support and resistance

The instrument's quotes are traded within the global downward channel, near the support line. Technical indicators keep a stable sell signal: fast EMAs on the Alligator indicator are below the signal line, and the AO oscillator histogram trades deep in the sell zone.

Support levels: 0.6350, 0.6100.
Resistance levels: 0.6540, 0.6800.

Trading tips

After a decline or consolidation below the local support level of 0.6350, sell positions with the target at 0.6100 are relevant. Stop loss – 0.6500. Implementation period: 7 days or more.

After a reversal, growth, or consolidation above the local resistance level of 0.6540, long positions with the target at 0.6800 will be relevant. Stop loss – 0.6400.

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 NZD/USD and trade efficiently with NPBFX.

XAU/USD: wave analysis 13.05.2022

Good afternoon, dear forum visitors!

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

The pair is in a correction and may grow.

On the daily chart, the fifth wave of the higher level (5) of 3 develops, within which the wave 3 of (5) formed. Now, a downward correction is ending as the fourth wave 4 of (5), within which the development of the wave c of 4 is ending. If the assumption is correct, after the end of the correction, the pair XAU/USD will grow to the levels of 2070.42–2200.00. In this scenario, critical stop loss level is 1770.20.

Main scenario

Long positions will become relevant after the end of the correction, above the level of 1770.20 with the targets at 2070.42–2200.00. Implementation period: 7 days and more.

Alternative scenario

The breakdown and the consolidation of the price below the level of 1770.20 will let the pair go down to the levels of 1622.75–1513.95.

Use more opportunities of the NPBFX analytical portal: trading signals for commodities

How can a trader determine if it’s worth buying or selling XAU/USD now or better waiting for a more favorable period? Use trading signals for commodities from the top 10 technical indicators on the NPBFX portal and make the right decisions! All registered users have free and unlimited access to the minutely updated trading signals (MA10, BBands, Ichimoku, Stochastic, ZigZag, etc.) for Gold, Silver, Brent and WTI Crude oil.

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 XAU/USD and trade efficiently with  NPBFX.

Visa Inc. Class A: technical analysis 18.05.2022

Good afternoon, dear forum visitors!

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

The shares of Visa Inc. Class A, the largest American multinational company providing payment transaction services, are corrected at 203.00.

On the daily chart of the asset, a global side channel is developing with the boundaries of 189.00–235.00, and at the moment, the price has reversed upwards from its support line.

Primary signs of a reversal appeared on the four-hour chart: the price has broken the local resistance around 200.00. Technical indicators also point to a high probability of continued growth: indicator Alligator’s EMA fluctuations range began to actively narrow, fast EMAs are approaching the signal line, and the AO oscillator histogram began to form new rising bars in the sell zone.

Trading tips

After the price rises and consolidates above the local resistance level at 205.00, the main scenario is relevant, assuming the formation of buy positions with the target at 235.00 and stop loss 200.00. Implementation period: 7 days or more.

After the price reverses, falls, and consolidates below the support level at 189.00, an alternative scenario is relevant, which involves the formation of sell positions with the target at 170.00 and stop loss around 200.00.

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 Visa Inc. and trade efficiently with NPBFX.

XAG/USD: wave analysis 23.05.2022

Good afternoon, dear forum visitors!

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

The pair XAG/USD is in the correction, a fall is possible.

On the daily chart, a downward correction of the higher level develops as the second wave (2), within which the wave C of (2) forms. Now, the fourth wave of the lower level iv of C has formed, and the development of the fifth wave v of C has started, within which a local correction of the lower level is forming as the wave (iv) of v. If the assumption is correct, after the end of the correction, the price will fall to the levels of 18.40–15.60. In this scenario, critical stop loss level is 23.20.

Main scenario

Short positions will become relevant after the end of the correction, below the level of 23.20 with the targets at 18.40–15.60. Implementation period: 7 days and more.

Alternative scenario

The breakout and the consolidation of the price above the level of 23.20 will let the price grow to the levels of 26.20–29.81.

Use more opportunities of the NPBFX analytical portal: trading signals for commodities

How can a trader determine if it’s worth buying or selling XAG/USD now or better waiting for a more favorable period? Use trading signals for commodities from the top 10 technical indicators on the NPBFX portal and make the right decisions! All registered users have free and unlimited access to the minutely updated trading signals (MA10, BBands, Ichimoku, Stochastic, ZigZag, etc.) for Gold, Silver, Brent and WTI Crude oil.

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 XAG/USD and trade efficiently with  NPBFX.

USD/CHF: the US dollar remains under pressure 27.05.2022

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 slightly corrected, renewing local lows from April 26. The asset is preparing to end trading with a fairly confident decline and continue the development of a strong "bearish" momentum formed last week.

The pressure on quotes is again exerted by uncertain US macroeconomic statistics, which increases the risk that the US Federal Reserve will break the interest rate hike cycle after its planned increase in June and July. Traders fear that the actions of financial regulators, which are due to the fight against high inflation, will lead to a noticeable slowdown in global economic growth. According to the revised data, the contraction of the US economy for the first quarter of this year amounted to 1.5%, which was 0.1% worse than the previous estimate.

On Friday, traders expect the publication in the US of April data on the dynamics of income and expenses of American citizens. Current forecasts suggest that revenue growth will remain flat at 0.5%, while spending could slow from 1.1% to 0.7%.

Support and resistance

On the daily chart, Bollinger Bands are steadily declining: the price range expands, letting the "bears" renew local lows. The MACD indicator falls, keeping a strong sell signal (the histogram is below the signal line). Stochastic is close to its lows, signaling that USD may become oversold in the ultra-short term.

Resistance levels: 0.9600, 0.9637, 0.9700, 0.9762.
Support levels: 0.9535, 0.9459, 0.9400, 0.9300.

Trading tips

Short positions may be opened after the breakdown of 0.9535 with the target at 0.9400. Stop loss – 0.9600. Implementation period: 1–2 days.

Long positions may be opened after the rebound from 0.9535 and the breakout of 0.9600 with the target at 0.9700. Stop loss — 0.9550.

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

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

Pfizer Inc.: technical analysis  01.06.2022

Good afternoon, dear forum visitors!

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

The shares of Pfizer Inc., one of the world's largest pharmaceutical companies, are correcting slightly above 53.00.

An uptrend is forming on the daily chart of the asset, and the price is holding above the support line at 49.00, developing a local increase.

On the four-hour chart, it can be seen that the channel with dynamic boundaries 49.00–57.00 is quite stable, and the price is approaching the resistance line, which is the main goal of the current upward movement of quotes. Since the price is in the middle of the channel, a downward scenario with reaching the support line at 49.00 is not excluded.

Technical indicators keep a stable buy signal, which is a priority: fast EMAs on the alligator indicator are above the signal line, and the AO oscillator histogram is trading in the buy zone, forming upward bars.

Trading tips

Long positions may be opened after the price rises and consolidates above 54.70 with the target at 59.00. Stop loss is 53.00. Implementation period: 7 days or more.

Short positions may be opened after a reversal, reduction, and consolidation of the price below 50.80 with the target at 47.70. Stop loss is 52.00.

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 Pfizer Inc. and trade efficiently with NPBFX.

eBay Inc.: technical analysis 06.06.2022

Good afternoon, dear forum visitors!

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

The shares of eBay Inc., the world's largest online auction, are correcting upwards around the level of 47.00.

On the daily chart, the price is falling within a narrow downwards channel, approaching the resistance line. The key support remains a full correction of 61.8% Fibonacci 46.00, after its breakdown, the downward dynamics will intensify.

On the four-hour chart, local growth may continue after consolidation above the local high of last week around 48.80. In this case, the movement target will be the 50.0% Fibonacci intermediate correction level at 53.30.

At the moment, fast EMAs on the Alligator indicator are approaching the signal line, and the AO oscillator histogram is forming upward bars in the sell zone.

Trading tips

Long positions may be opened after the price rises and consolidates above 48.80 with the target at 53.30 and stop loss around 47.00. Implementation period: 7 days or more.

Short positions may be opened after the consolidation below 46.00 with the target at 40.00. Stop loss is below 48.00.

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 eBay Inc. and trade efficiently with NPBFX.

Starbucks Corp.: technical analysis 10.06.2022

Good afternoon, dear forum visitors!

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

The shares of Starbucks Corp., one of the largest companies in the world that owns a chain of coffee houses, are trading in a corrective trend around the level of 79.00.

On the daily chart of the asset, a wide downward channel forms, within which the price has renewed the year’s low around 69.00, coinciding with the initial trend of 61.8% for the Fibonacci extension.

On the four-hour chart, the upward correction is strengthening, and the recent achievement of the previous local high of 81.50 is an important marker of growth. The further development of positive dynamics is confirmed by the readings of technical indicators that gave a new buy signal: fast EMAs on the Alligator indicator crossed the signal line upwards, expanding the range of fluctuations, and the histogram of the AO oscillator, having moved into the buy zone, forms ascending bars.

Trading tips

Long positions may be opened after the price rises and consolidates above 81.50 with the target at 93.00. Stop loss is 78.00. Implementation period: 7 days or more.

Short positions may be opened after the price drops and consolidates below 69.00 with the target at 54.00. Stop loss is 78.00.

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 Starbucks Corp. and trade efficiently with NPBFX.

GBP/USD: correction after a sharp decline the day before 15.06.2022

Good afternoon, dear forum visitors!

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

Current trend

The British pound is trading upwards during the morning session, correcting after a sharp decline the previous day, as a result of which GBP/USD made new record lows in March 2020. The reason for the emergence of "bearish" sentiment on the market was the weak macroeconomic statistics from the UK.

Office for National Statistics, as part of its report, noted a decline in Gross Domestic Product to 3.4% in April from 6.4% a month earlier. In addition, a sharp Unemployment Rate was recorded, which rose from 3.7% to 3.8% due to a reduction in the Average Earnings Including Bonus to 6.8% from 7.0%, while the Claimant Count Change last month declined by only 19.7K, which turned out to be significantly worse than the reduction by 65.5K over the previous period, as well as the experts' forecast at the level of –49.4K. The negative trend in the economy is intensifying against the backdrop of the escalation of the military conflict between Russia and Ukraine, which has become a catalyst for global inflation and the food crisis; in addition, there are problems in the supply chains in trade disputes between representatives of the United Kingdom and the European Union, which do not stop after Brexit.

At the beginning of the week, investors reacted negatively to the 0.3% slowdown in the UK economy in April, expecting that this would become an obstacle for the Bank of England on the path of a gradual tightening of monetary policy. The meeting of the British regulator will be held tomorrow, the day after the publication of the decision of the US Federal Reserve. If the US Fed can raise the interest rate by 75 basis points at once, the Bank of England is expected to have a much more modest correction of the value by 25 basis points. In addition, the British regulator may somewhat soften its position on further tightening of monetary conditions.

Support and resistance

Bollinger Bands in D1 chart demonstrate a stable decrease. The price range is expanding but it fails to conform to the surge of "bearish" activity at the moment. MACD is going down preserving a stable sell signal (located below the signal line). Stochastic, having approached its lows, is trying to reverse towards growth, indicating an oversold pound in the ultra-short term.

Resistance levels: 1.2074, 1.2163, 1.2250, 1.2328.
Support levels: 1.2000, 1.1933, 1.1800, 1.1700.

Trading tips

Short positions may be opened after a breakdown of 1.1933 with the target at 1.1800. Stop-loss — 1.2010. Implementation time: 1-2 days.

The return of the "bullish" trend with the breakout of 1.2074 may become a signal for new purchases with the target of 1.2250. Stop-loss — 1.1960.

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

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