Re: NPBFX - making money with us since 1996!

Alcoa Corp.: technical analysis 07.08.2023

Good afternoon, dear forum visitors!

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

Shares of Alcoa Corp., one of the world's largest aluminum producers, are trading at 33.00.

On the daily chart, the price is holding within the global downtrend, again approaching the annual lows around 32.00.

On the four-hour chart, after several unsuccessful attempts to test the level of 32.00, the quotes formed a local Triangle pattern with dynamically narrowing boundaries at 36.00–32.40, in case of which the downward dynamics may increase to the level of 27.00.

Technical indicators maintain an unclear sell signal: the range of fluctuations of the EMA on the Alligator indicator remains narrowed, and the histogram of the AO oscillator, being in the sell zone, continues to form corrective bars.

https://i.ibb.co/VtF40Rw/AA-070823-2.png

Trading tips

Short positions can be opened after a continued decline in the asset, as well as price consolidation below the global low at 32.40 with the target of 27.20. Stop-loss — 34.00. Implementation time: 7 days and more.

Long positions should be opened after the price reverses and consolidates above the level of 36.00 with a target of 40.30. Stop-loss – 34.00.

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 Alcoa Corp. and trade efficiently with NPBFX.

Re: NPBFX - making money with us since 1996!

Microsoft Corp.: technical analysis 09.08.2023

Good afternoon, dear forum visitors!

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

Shares of Microsoft Corp., a global giant in the development and sale of operating systems and software for computers, are moving in a corrective trend at the level of 325.00.

On the daily chart, the instrument is trading in a global uptrend, holding below the corridor support line with dynamic boundaries of 335.00–384.00.

In the four-hour chart, after updating the next local low at 328.00, the prospects for the continuation of the downward dynamics have increased significantly, and the price holding below the global channel support line at 335.00 is another confirmation of this. The new local support is now the mid-spring level around 303.00, to which quotes will continue to move in the near future.

Technical indicators have reversed and keep a stable downward signal: the range of EMA fluctuations on the Alligator indicator expands in the direction of decline, and the histogram of the AO oscillator is forming new descending bars, falling in the sales zone.

https://i.ibb.co/2Fp9MWT/MSFT-090823-22.png

Trading tips

Short positions can be opened after the price consolidates below the local support level of 319.00 with the target of 303.00. Stop-loss — 325.00. Implementation time: 7 days and more.

Long positions should be opened after the price consolidates above the local resistance of 335.00 with the target of 350.00. Stop-loss — 325.00.

Use more opportunities of the NPBFX analytical portal: economic calendar

Be ready for any market changes through global events using the economic calendar on the NPBFX portal. The calendar contains all the most important events of the world economy and prognoses for them. In order to get free and unlimited access to the economic calendar and other useful instruments on the portal, you need to pass a one-time registration 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 Microsoft Corp. and trade efficiently with NPBFX.

Re: NPBFX - making money with us since 1996!

Adobe Inc.: technical analysis 11.08.2023

Good afternoon, dear forum visitors!

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

Shares of Adobe Inc., a leading US software developer, are trading in an uptrend at 516.00.

On the daily chart, the price is holding near the support line of the local rising channel with dynamic boundaries 580.00–510.00, getting ready to overcome it.

On the four-hour chart, there are no serious sell signals, except for the divergence that has been forming on the AO indicator for a long time, but they may appear if the quotes consolidate below the support level at around 500.00. In this case, one should expect a decrease in the trading instrument to the opening level of the price gap of June 9 at 440.00.

Technical indicators are actively weakening the upward signal: the range of fluctuations of the EMAs on the Alligator indicator is rapidly narrowing, and the AO histogram, trading in the buy zone, continues to build descending bars.

https://i.ibb.co/nQJ5JLr/ADBE110823-22.png

Trading tips

Short positions can be opened after a reversal and continuing local decline in the asset, as well as consolidation of the price below the local support level of 493.00 with the target of 440.00. Stop-loss — 510.00. Implementation time: 7 days and more.

Long positions should be opened after the price consolidates above the local resistance of 535.00 with the target of 580.00. Stop-loss — 510.00.

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 Adobe Inc. and trade efficiently with  NPBFX.

Re: NPBFX - making money with us since 1996!

General Electric Co.: technical analysis 14.08.2023

Good afternoon, dear forum visitors!

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

Shares of General Electric Co., an American diversified corporation, strengthen the correction, trading at 114.00.

On the daily chart, the price moves within the narrow rising channel of 120.00–111.00, reversing at the lower border.

On the four-hour chart, the upward movement has high prospects for continuation, as the quotes are close to the historical high of July 25 at 117.00, which also coincides with the peak of November 9, 2021. In case of its breakout, the movement will continue to the area of 123.00.

Technical indicators keep a stable buy signal: fast EMAs on the Alligator indicator are above the signal line, expanding the range of fluctuations, and the AO oscillator histogram forms corrective bars, consolidation in the buying zone.

https://i.ibb.co/SsK9rPw/GE-140823-22.png

Trading tips

Long positions may be opened after the consolidation above the local high of 117.00 with the target at 123.00. Stop loss is 115.00. Implementation period: 7 days or more.

Short positions should be opened after the reversal, decline, and consolidation of the price below the support level of 111.00 with the target at 104.00. Stop loss – 113.00.

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 General Electric Co. and trade efficiently with NPBFX.

Re: NPBFX - making money with us since 1996!

Pfizer Inc.: technical analysis 16.08.2023

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.

Shares of Pfizer Inc., the largest US pharmaceutical company, are adjusting at 35.40.

On the daily chart, the price is trading in a global downward channel with dynamic boundaries 37.30–31.50, approaching the resistance line.

On the four-hour chart, the potential for strengthening the upward dynamics remains quite high, which is indicated by the appearance of a local Diamond reversal pattern with an implementation level around 36.00 and the price being close to the local high of July 25 at 37.00, which is likely to be broken soon.

Technical indicators are gradually strengthening the signal to open long positions: fast EMAs on the Alligator indicator are trading just above the signal line, and the AO oscillator histogram is forming upward bars in the buy zone.

https://i.ibb.co/CBqqCqW/PFE-160823-22.png

Trading tips

Long positions may be opened after the consolidation above the local resistance level of 36.50 with the target at 40.00. Stop loss — 35.00. Implementation period: 7 days or more.

Short positions may be opened after the consolidation below the local support level of 34.00 with the target at 31.00. Stop loss — 35.00.

Use more opportunities of the NPBFX analytical portal: economic calendar

Be ready for any market changes through global events using the economic calendar on the NPBFX portal. The calendar contains all the most important events of the world economy and prognoses for them. In order to get free and unlimited access to the economic calendar and other useful instruments on the portal, you need to pass a one-time registration 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 Pfizer Inc. and trade efficiently with NPBFX.

Re: NPBFX - making money with us since 1996!

The Boeing Co.: technical analysis 18.08.2023

Good afternoon, dear forum visitors!

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

The stocks of one of the world’s largest manufacturers of aviation and space technology, The Boeing Co., are trading around 226.00.

On the daily chart, the price moves above the resistance line of the sideways corridor with the boundaries of 219.00–195.00, gradually decreasing to test it backward.

On the four-hour chart, the downward wave has a high potential to reach the resistance line at 219.00 and then return to the previously passed channel. If the instrument reverses, more rapid dynamics may develop after the breakout of the local resistance level of 235.00.

Technical indicators hold a buy signal but are preparing for a downward correction: fast EMAs on the Alligator indicator are approaching the signal line, narrowing the range of fluctuations within the correction, and the AO oscillator histogram is forming new correction bars above the transition level.

https://i.ibb.co/bW4YqpV/BA-180823-22.png

Trading tips

Short positions may be opened after the consolidation below the support level of 219.00 with the target at 195.00. Stop loss – 230.00. Implementation period: 7 days or more.

Long positions may be opened after the consolidation above the local resistance level of 235.00 with the target at 252.00. Stop loss – 225.00.

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 The Boeing Co. and trade efficiently with  NPBFX.

Re: NPBFX - making money with us since 1996!

Netflix Inc.: technical analysis 21.08.2023

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.

Shares of Netflix Inc., an American entertainment company and movie and series streaming service, are trending correctively at 403.00.

On the daily chart, the price continues its corrective dynamics within the global ascending corridor with dynamic boundaries of 368.00–490.00, falling toward the support line.

On the four-hour chart, it can be seen that the potential for a downward movement has increased sharply after the start of the Head and shoulders reversal pattern with the Neckline at 412.00. The pattern implementation level is at 368.00, and now there is almost no doubt that it will be reached.

Technical indicators turned to the downside: fast EMAs on the Alligator indicator began to move away from the signal line actively, and the AO histogram is forming new downward bars, falling in the sell zone.

https://i.ibb.co/Wkb7Bcb/NFLX210823-11.png

Trading tips

Short positions may be opened after the price drops and consolidates below 396.00 with the target at 368.00. Stop loss — 410.00. Implementation period: 7 days or more.

Long positions may be opened after the price rises and consolidates above 412.00 with the target at 440.00. Stop loss — 400.00.

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 Netflix Inc. and trade efficiently with NPBFX.

Re: NPBFX - making money with us since 1996!

Tesla Inc.: technical analysis 23.08.2023

Good afternoon, dear forum visitors!

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

Shares of Tesla Inc., the world’s leading manufacturer of electric cars, are correcting at 232.00.

On the daily chart, the price is retreating from the support line of the global rising channel with the boundaries of 216.00–310.00.

On the four-hour chart, the upward movement may continue, as the quotes failed to break the level of 218.00, creating solid support in this area. After consolidation above 241.00, the growth may continue to 275.00.

Technical indicators are weakening the sell signal: fast EMAs on the Alligator indicator are approaching the signal line, and the AO histogram is forming rising bars in the sell zone.

https://i.ibb.co/R6387vP/TSLA230823-11.png

Trading tips

Long positions may be opened after the price rises and consolidates above 241.00 with the target at 275.00. Stop loss – 230.00. Implementation period: 7 days or more.

Short positions may be opened after a reversal, reduction, and consolidation of the price below 218.00 with the target at 190.00. Stop loss – 225.00.

Use more opportunities of the NPBFX analytical portal: economic calendar

Be ready for any market changes through global events using the economic calendar on the NPBFX portal. The calendar contains all the most important events of the world economy and prognoses for them. In order to get free and unlimited access to the economic calendar and other useful instruments on the portal, you need to pass a one-time registration 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 Tesla Inc. and trade efficiently with NPBFX.

Re: NPBFX - making money with us since 1996!

Visa Inc.: technical analysis 25.08.2023

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.

Shares of Visa Inc., the largest US multinational payment services company, are correcting at 239.00.

On the daily chart, the price is moving in a global uptrend within the corridor with dynamic boundaries of 248.00–222.00, reversing at the resistance line.

On the four-hour chart, the downside potential remains high, which is confirmed by the fact that the quotes are below the annual maximum of 245.00, however, if it is overcome, a change in trend is possible. The continuation of the negative dynamics to the low of last week around 235.00 and further, to support of the global channel at 222.00 looks most likely.

Technical indicators do not give a clear signal: the range of EMA fluctuations on the Alligator indicator is narrowed almost completely, and the AO oscillator histogram forms corrective bars near the transition level.

https://i.ibb.co/DbJBCYT/V-250823-22.png

Trading tips

Short positions may be opened after a reversal, reduction, and consolidation of the price below 235.00 with the target at 226.00. Stop loss – 238.00. Implementation period: 7 days or more.

Long positions may be opened after the price rises and consolidates above 243.00 with the target at 251.00. Stop loss – 237.00.

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 Visa Inc. and trade efficiently with  NPBFX.

Re: NPBFX - making money with us since 1996!

Alcoa Corp.: technical analysis 28.08.2023

Good afternoon, dear forum visitors!

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

Shares of Alcoa Corp., one of the world's largest aluminum producers, are correcting at 28.00.

On the daily chart, the price is moving in a global downtrend with dynamic boundaries at 20.00–30.00 to the range support line.

On the four-hour chart after the implementation of the local Triangle pattern with the breakdown level of 32.80, the quotes began to consolidate around the annual low of 27.60. It is expected that after a short sideways movement, the negative dynamics will continue to a historical low at 23.00.

Technical indicators maintain a stable sell signal: the range of EMA fluctuations on the alligator indicator expands downwards, and the AO histogram forms corrective bars in the sell zone.

https://i.ibb.co/QNyq3Nb/AA280823-22.png

Trading tips

Short positions can be opened after the price drops and fixes below the level of 27.50 with the target of 23.80. Stop loss — 29.00. Implementation period: 7 days or more.

Long positions can be opened after a reversal, growth and price fixing above the level of 29.80 with the target of 34.20. Stop loss — 28.00.

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 Alcoa Corp. and trade efficiently with NPBFX.

Re: NPBFX - making money with us since 1996!

Starbucks Corp.: technical analysis 30.08.2023

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.

Shares of Starbucks Corp., one of the largest companies in the world, which owns the chain of coffee houses of the same name, are trading within a corrective trend at 99.00.

On the daily chart, the price is moving within the local Expanding formation pattern with dynamic boundaries of 108.00–92.00.

On the four-hour chart, all of its obligatory waves have already been formed, and the current wave may break one of the boundaries and start a new trend. Positive dynamics looks more likely, as the quotes have consolidated above the local resistance level of 97.00: the nearest growth target is in the pattern resistance level of 107.00.

Technical indicators are ready to give a buy signal: fast EMAs on the Alligator indicator are approaching the signal line, narrowing the fluctuation range, and the AO histogram is forming corrective bars in the sell zone.

https://i.ibb.co/FmyX9Fw/SBUX300823-22.png

Trading tips

Long positions may be opened after the price rises and consolidates above 101.00 with the target at 106.00. Stop loss is 99.00. Implementation period: 7 days or more.

Short positions may be opened after a reversal, reduction and consolidation of the price below 97.00 with the target at 91.00. Stop loss is 100.00.

Use more opportunities of the NPBFX analytical portal: economic calendar

Be ready for any market changes through global events using the economic calendar on the NPBFX portal. The calendar contains all the most important events of the world economy and prognoses for them. In order to get free and unlimited access to the economic calendar and other useful instruments on the portal, you need to pass a one-time registration 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 Starbucks Corp. and trade efficiently with NPBFX.

Re: NPBFX - making money with us since 1996!

Meta Platforms Inc.: technical analysis 01.09.2023

Good afternoon, dear forum visitors!

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

Shares of Meta Platforms Inc., the American multinational holding company that owns the technology conglomerate and the largest social network Facebook, are moving in a corrective trend at 296.00.

An uptrend is forming on the daily chart, within which the price is holding below the support line of the global channel with dynamic boundaries of 325.00–298.00.

On the four-hour chart, the probability of decline has increased after the retest of the broken support level of 296.00, and the asset may fall below the low of the beginning of the month at 276.00.

Technical indicators maintain an unstable sell signal: fast EMAs on the Alligator indicator are below the signal line, and the AO histogram forms corrective bars in the sell zone.

https://i.ibb.co/SNJfqLm/META01092023-22.png

Trading tips

Short positions may be opened after a reversal, reduction, and consolidation of the price below 285.00 with the target at 260.00. Stop loss – 295.00. Implementation period: 7 days or more.

Long positions may be opened after the price rises and consolidates above 307.00 with the target at 325.00. Stop loss — 300.00.

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 Meta Platforms Inc. and trade efficiently with  NPBFX.

Re: NPBFX - making money with us since 1996!

The Walt Disney Co.: technical analysis 04.09.2023

Good afternoon, dear forum visitors!

NPBFX offers the latest release of analytics on The Walt Disney Co. for a better understanding of the current market situation and more efficient trading.

Shares of The Walt Disney Co., one of the leaders in the global entertainment industry, are moving within a corrective trend at 81.00.

On the daily chart, the price is trading within a global downward channel with dynamic boundaries of 87.50–70.00, forming a downward wave.

On the four-hour chart, after consolidation below the previous year’s low of 82.00, the support level of the global channel at 75.00 has become a new target for negative dynamics. Also, the local price gap of 83.70–81.80 cinfirms further decrease.

Technical indicators keep a stable sell signal: fast EMAs on the Alligator indicator move away from the signal line, and the AO histogram forms corrective bars, falling in the sell zone.

https://i.ibb.co/fkycS6p/DIS04092023-22.png

Trading tips

Short positions may be opened after the price drops and consolidates below 80.00 with the target at 75.00. Stop loss — 82.00. Implementation period: 7 days or more.

Long positions may be opened after a reversal, growth, and consolidation of the price above 84.00 with the target at 91.00. Stop loss — 81.00.

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 The Walt Disney Co. and trade efficiently with NPBFX.

Re: NPBFX - making money with us since 1996!

Pfizer Inc.: technical analysis 06.09.2023

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.

Shares of Pfizer Inc., the largest US pharmaceutical company, are correcting at 35.10.

On the daily chart, the price is moving in a global downward channel with dynamic boundaries 36.80–31.50, reversing near the resistance line.

On the four-hour chart, the potential for a new decline could increase significantly if the quotes consolidate below the current local low of 34.50. In this case, the main support will be the year’s low of 33.00, consolidation below which allows the asset to reach its main target near the channel support line of 31.00.

Technical indicators are ready for a reversal: fast EMAs on the Alligator indicator have come close to the signal line, and the AO histogram is forming downward bars near the transition level.

https://i.ibb.co/hyk57Vh/PFE060923-22.png

Trading tips

Short positions may be opened after the price drops and consolidates below 34.40 with the target at 31.00. Stop loss – 35.50. Implementation period: 7 days or more.

Long positions may be opened after a reversal, growth, and price consolidation above 36.80 with the target at 40.00. Stop loss — 36.00.

Use more opportunities of the NPBFX analytical portal: economic calendar

Be ready for any market changes through global events using the economic calendar on the NPBFX portal. The calendar contains all the most important events of the world economy and prognoses for them. In order to get free and unlimited access to the economic calendar and other useful instruments on the portal, you need to pass a one-time registration 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 Pfizer Inc. and trade efficiently with NPBFX.

Re: NPBFX - making money with us since 1996!

eBay Inc.: technical analysis 08.09.2023

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.

Shares of eBay Inc., an American online retailer, are correcting at 43.00.

On the daily chart, the price is below the support line of the ascending corridor with dynamic boundaries 44.50–50.50, preparing for a continuation of the decline.

On the four-hour chart, the key obstacle for the development of the negative dynamics is the low of August 18 at 42.00, after consolidation below which the quotes can reach the support level of 39.40. An upward scenario is possible if the asset returns to the channel and consolidates above 45.20.

Technical indicators gave a sell signal: fast EMAs on the Alligator indicator crossed the signal line downwards, and the AO histogram is forming downward bars in the sell zone.

https://i.ibb.co/y4kqNNc/EBAY080923-22.png

Trading tips

Short positions may be opened after the price drops and consolidates below 42.00 with the target at 39.40. Stop loss – 43.00. Implementation period: 7 days or more.

Long positions may be opened after the price reverses, rises, and consolidates above 44.00 with the target at 46.40 and stop loss 43.00.

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 eBay Inc. and trade efficiently with  NPBFX.

Re: NPBFX - making money with us since 1996!

McDonald’s Corp.: technical analysis 11.09.2023

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 McDonald’s Corp., the world’s largest fast food chain, are correcting in the local trend at 279.00.

On the daily chart, the price left the wide sideways corridor of 298.00–279.00 and consolidated below the support line.

On the four-hour chart, the price is retesting the support level of 280.00, after which, a downtrend with the support at last week’s low of 275.00 may develop.

Technical indicators maintain a stable sell signal: fast EMAs on the Alligator indicator move away from the signal line, expanding the range of fluctuations, and the histogram of the AO oscillator forms downward bars, moving away from the transition level.

https://i.ibb.co/jGfZRYV/mcd-11092023-2.png

Trading tips

Short positions may be opened after the price declines and consolidates below 275.00 with the target at 266.00. Stop loss – 280.00. Implementation period: 7 days or more.

Long positions may be opened after a reversal, growth, and consolidation of the price above 283.00 with the target at 290.00. Stop loss – 280.00.

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EUR/USD: in anticipation of the ECB's monetary policy meeting 13.09.2023

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

Current trend

The EUR/USD pair shows a slight decline, correcting ahead of today's publication of macroeconomic statistics from the United States on inflation dynamics for August. Forecasts suggest an acceleration of the Consumer Price Index from 0.2% to 0.6% on a monthly basis and from 3.2% to 3.6% on an annual basis. This, in turn, could lead to another tightening of monetary policy by the US Federal Reserve this year. In addition, rising inflation increases the risk of a possible recession in the national economy, but so far other data from the United States does not directly indicate this.

Meanwhile, the position of the single currency remains under pressure from statistics from the EU. The day before, market participants drew attention to a sharp decline in the Current Situation Index from the Center for European Economic Research (ZEW) in Germany in September from -71.3 points to -79.4 points, which turned out to be worse than forecasts at -75.0 points, and the indicator of economic sentiment in the eurozone as a whole slowed down from -5.5 points to -8.9 points. Investors are disappointed by forecasts of a slowdown in the region's economy due to continued high inflation. At the same time, a further increase in borrowing costs by the European Central Bank (ECB) could accelerate the development of a recession. This is partly why market expectations for the regulator's meeting, which will take place on Thursday at 14:15 (GMT+2), suggest that the ECB will try to take a wait-and-see approach, leaving the interest rate at 4.25%. According to earlier rhetoric from ECB President Christine Lagarde, officials will be guided by incoming macroeconomic data, focusing on inflation, which was pegged at 5.3% year-on-year in August after 9.9% a month earlier, and Core CPI which does not include food and energy, added 5.3%. Despite the positive trend, the Consumer Price Index is likely to remain above the target level of 2.0% for a long time.

Support and resistance

Bollinger Bands in D1 chart demonstrate a moderate decrease. The price range expands from above, indicating a gradual change in the direction of trading in the short/ultra-short term. MACD grows, preserving a stable buy signal (located above the signal line). Stochastic shows similar dynamics; however, the indicator line is approaching its highs, indicating the risks of the single currency being overbought in the ultra-short term.

Resistance levels: 1.0765, 1.0800, 1.0850, 1.0890.
Support levels: 1.0700, 1.0654, 1.0600, 1.0550.

https://i.ibb.co/db0GFgb/eurusd-13092023-55.png

https://i.ibb.co/BNcYzWr/eurusd-13092023-66.png

Trading tips

Long positions can be opened after a breakout of 1.0765 with the target of 1.0850. Stop-loss — 1.0710. Implementation time: 2-3 days.

A rebound from 1.0765 as from resistance, followed by a breakdown of 1.0700 may become a signal for opening of new short positions with the target at 1.0600. Stop-loss — 1.0765.

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

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Johnson & Johnson: technical analysis 15.09.2023

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

Shares of Johnson & Johnson, one of the world’s leading retail holdings, are corrected at 163.46.

On the daily chart, the price is moving in the global trend and is now heading upwards, trying to reach the resistance line of the Expanding formation pattern with dynamic boundaries of 177.00–157.00.

On the four-hour chart, it can be seen that the quotes have formed a dynamic upward impulse, confidently moving away from the pattern support line of 157.00, and continue to grow. It can be assumed that the nearest resistance, which is the local high of 166.00, will be reached soon, after which the movement may continue to higher levels.

Technical indicators have weakened the sell signal: the EMA fluctuation range on the Alligator indicator is actively narrowing, and the AO histogram is forming ascending bars in the sales zone.

https://i.ibb.co/rGJxYW4/jnj-15092023-2.png

Trading tips

Long positions may be opened after the price rises and consolidates above 166.00 with the target at 172.00. Stop loss – 163.00. Implementation period: 7 days or more.

Short positions may be opened after a reversal, decline and consolidation of the price below 161.00 with the target at 154.00. Stop loss – 165.00.

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Alphabet Inc.: technical analysis 18.09.2023

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

Shares of the American holding Alphabet Inc. are moving within a global corrective trend around 138.00.

An ascending channel with dynamic boundaries of 124.00–148.00 is forming on the daily chart, within which the price is heading toward the resistance line.

On a four-hour chart last week quotes consolidated above the local high of 138.00, which confirms the possibility of continued growth. A decline and consolidation below the support level of 135.00 will allow the asset to reach 126.00.

Technical indicators hold a buy signal: fast EMAs on the Alligator indicator move away from the signal line, actively expanding the range of fluctuations, and the AO histogram forms upward bars above the transition level.

https://i.ibb.co/HN2RVsp/googl-18092023-2.png

Trading tips

Long positions may be opened after the price rises and consolidates above 140.00 with the target at 148.00. Stop loss – 137.00. Implementation period: 7 days or more.

Short positions may be opened after a reversal, decline, and consolidation of the price below 135.00 with the target at 127.00. Stop loss – 138.00.

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Microsoft Corp.: technical analysis 22.09.2023

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

Shares of Microsoft Corp., a global giant in the development and sale of operating systems and software for computers, are moving in a corrective trend at 319.00.

On the daily chart, the price remains below the support line of the global ascending corridor with dynamic boundaries of 360.00–314.00.

On the four-hour chart, the key support level is the low of August 18 at 314.00, consolidation below which will allow the quotes to reach 300.00. If the asset returns to the channel and overcomes 327.00, an increase to the June high of 350.00 is possible.

Technical indicators have issued a sell signal: the EMA fluctuation range on the Alligator indicator is expanding downward, and the AO histogram is forming corrective bars in the sales zone.

https://i.ibb.co/9tZKzCn/msft-22092023-2.png

Trading tips

Short positions may be opened after the price declines and consolidates below 314.00 with the target at 295.00. Stop loss – 320.00. Implementation period: 7 days or more.

Long positions may be opened after a reversal, growth, and consolidation of the price above 327.00 with the target at 350.00. Stop loss – 320.00.

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.

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USD/JPY: the American dollar reaches new record highs 25.09.2023

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

Current trend

During the Asian session, the USD/JPY pair is growing slightly, consolidating near 148.40 and record highs from November 2022.

The American currency is strengthening after the publication of macroeconomic statistics on Friday: the US September manufacturing PMI rose from 47.9 points to 48.9 points, better than expected at 48.0 points, and services PMI decreased from 50.5 points to 50.2 points, worse than expectations of 50.6 points but remained above the psychological mark of 50.0 points.

The yen was under pressure by the results of the Bank of Japan’s monetary policy meeting: the interest rate, as expected, remained at –0.1%, but investors were counting on the appearance of “hawkish” comments from officials. Contrary to forecasts, Bank of Japan Governor Kazuo Ueda noted that the timing of achieving the inflation target of 2.0% remains uncertain, and therefore, the current “dovish” rhetoric will continue.

Macroeconomic data from Japan on Friday reflected a correction in the national consumer price index for August from 3.3% to 3.2%, and excluding food and energy prices, the indicator remained at 4.3%. September manufacturing PMI from Jibun Bank fell from 49.6 points to 48.6 points, while analysts expected an increase to 49.9 points.

Support and resistance

On the daily chart, Bollinger bands reverse horizontally: the price range slightly expands from above, letting the “bulls” renew local highs. The MACD indicator is growing, maintaining a poor buy signal (the histogram is above the signal line). Stochastic maintains a downward direction, retreating from its highs, signaled that the US dollar might become overbought in the ultra-short term.

Resistance levels: 148.47, 149.00, 150.00, 151.00.
Support levels: 148.00, 147.36, 146.62, 146.00.

https://i.ibb.co/0m7w87y/USDJPY25092023-33.png

https://i.ibb.co/FxD9QnX/USDJPY25092023-333.png

Trading tips

Long positions may be opened after a breakout of 148.47 with the target at 150.00. Stop loss – 147.80. Implementation time: 2–3 days.

Short positions may be opened after a rebound from 148.47 and a breakdown of 148.00 with the target at 146.62. Stop loss – 148.75.

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XAU/USD: gold prices are developing a downward trend in the short term 27.09.2023

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

Current trend

The XAU/USD pair is showing a slight decline, extending the short-term downward trend formed last week when the instrument retreated from local highs from September 1. At the moment, quotes are testing 1900.00 for a breakdown, updating local lows from August 22 amid expectations of further tightening of monetary policy by the US Federal Reserve. Thus, last week, representatives of the regulator spoke in favor of continuing to increase the interest rate, taking into account the fact that the economic situation in the country will remain fairly stable. At the beginning of the week, Minneapolis Federal Reserve Bank (FRB) President Neel Kashkari also admitted the possibility of another 25 basis point increase before the end of this year, which led to an increase in the yield on 10-year US Treasury bonds to 4.566%.

Earlier, the World Gold Council's August report recorded a positive trend in the first half of the year, supported by robust demand for jewelry. Thus, purchases of bars and coins by central banks increased by 6.0% year-on-year to 277.0 tons in the second quarter and a total of 582.0 tons in the first half of the year, thanks to positive dynamics in key markets, including the United States and Turkey. Gold ETF outflows of 21.0 tons in the second quarter were notably lower than the 47.0 tons in the same period last year, resulting in a net figure of 50.0 tons in the first half of the year. In addition, according to July data, the People's Bank of China and the National Bank of Poland purchased 23.0 tons each, and the Central Bank of the Republic of Türkiye purchased 17.0 tons.

Meanwhile, the US dollar is also in demand amid uncertainty surrounding the adoption of the US budget for the next fiscal year. Despite the fact that preliminary agreements were previously reached between President Joe Biden and Speaker of the US House of Representatives Kevin McCarthy, there is currently no talk of any unity. Analysts also note that the issue of approval of the document is complicated by the election campaign.

Macroeconomic statistics published on Tuesday also put pressure on the US currency: New Homes Sales in August showed a sharp decline of 8.7% after an increase of 4.4% in the previous month, and in absolute terms the figure amounted to 0.675 million homes, which is significantly below the previous value at 0.714 million.

Support and resistance

Bollinger Bands on the daily chart show a moderate decline: the price range is expanding, but is currently unable to keep up with the surge in “bearish” activity. MACD is declining, maintaining a strong sell signal (the histogram is located below the signal line). Stochastic maintains a confident downward direction, but is located in close proximity to its lows, indicating the risks of the instrument being oversold in the near future.

Resistance levels: 1900.00, 1907.40, 1915.00, 1923.06.
Support levels: 1892.75, 1880.00, 1869.49, 1850.27.

https://i.ibb.co/D1fgk4k/XAUUSD270923-33.png

https://i.ibb.co/8bnQ8px/XAUUSD270923-333.png

Trading tips

Short positions can be opened after a confident breakdown of the level of 1892.75 with a target of 1880.00. Stop loss — 1900.00. Implementation time: 1-2 days.

A rebound from the support level of 1892.75 with a subsequent breakout of the level of 1900.00 may become a signal to open new long positions with a target of 1915.00. Stop loss — 1892.75.

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AUD/USD: the Australian dollar is regaining ground lost at the beginning of the week 29.09.2023

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

Current trend

The AUD/USD pair is showing noticeable growth, leveling out the "bearish" start to the current week. The instrument is testing 0.6460 for a breakout, updating local highs from September 22.

Quotes are supported by technical factors, while the macroeconomic background from Australia remains predominantly negative. Thus, data published yesterday indicated a slowdown in Retail Sales dynamics from 0.5% to 0.2%, which was lower than forecasts for a decline to 0.3%, and statistics presented today reflected a reduction in Private Sector Credit in August from 5.3% to 5.1%, while in monthly terms the figure adjusted from 0.3% to 0.4%, exceeding neutral forecasts.

The Reserve Bank of Australia (RBA) meeting on October 3, chaired for the first time by new Governor Michele Bullock, is expected to keep interest rates at 4.10% for the fourth month in a row. Analysts believe that incoming mixed macroeconomic data suggests that inflation will tend to the target range of 2.0-3.0% in 2024, and this will be an additional argument for continuing the pause in the regulator’s "hawkish" cycle.

Meanwhile, US macroeconomic statistics released yesterday supported markets by showing slower growth in Jobless Claims. For the week ended September 22, the number of Initial Jobless Claims increased from 202.0 thousand to 204.0 thousand, while analysts expected 215.0 thousand, and Continuing Jobless Claims went up from 1.658 million to 1.670 million, which also turned out to be lower than expectations at 1.675 million. At the same time, investors drew attention to a sharp decrease in the number of Pending Home Sales in August by 7.1% after an increase of 0.9% in the previous month with a forecast of -0.8%, and the figure in annual terms decreased by 18.3 % after -14.0%.

Support and resistance

Bollinger Bands in D1 chart demonstrate flat dynamics. The price range is almost constant, remaining rather spacious for the current level of activity in the market. MACD grows, preserving a stable buy signal (located above the signal line). Stochastic is showing similar dynamics, quickly approaching its highs, indicating the increasing risks of overbought Australian dollar in the ultra-short term.

Resistance levels: 0.6472, 0.6500, 0.6521, 0.6550.
Support levels: 0.6450, 0.6425, 0.6400, 0.6379.

https://i.ibb.co/K6PX88x/audusd-29092023-55.png

https://i.ibb.co/wKpWMr4/audusd-29092023-66.png

Trading tips

Long positions can be opened after a breakout of 0.6472 with the target of 0.6521. Stop-loss — 0.6450. Implementation time: 1-2 days.

A rebound from 0.6472 as from resistance, followed by a breakdown of 0.6450 may become a signal for opening of new short positions with the target at 0.6400. Stop-loss — 0.6472.

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XAU/USD: gold prices update March lows, holding at 1840.00 02.10.2023

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

Current trend

The XAU/USD pair is developing downward dynamics, updating record lows of March 10 near 1840.00. Last week, the instrument showed its strongest decline over the past few months, which was the market’s reaction to external factors.

In addition to technical reasons, pressure on gold is increasing with rising US Treasury yields. Investors are reacting to the "hawkish" rhetoric of global central banks, in particular the US Federal Reserve, expecting that the policy of high interest rates may continue this year. At the same time, it is worth noting that the American regulator is close to the projected ceiling on borrowing costs. Analytics are expecting another 25 basis point adjustment before the end of the year, after which it will be held at high restrictive levels for an extended period. Against this background, investors are redirecting their capital from gold to US Treasury bonds, the yield of which is updating multi-year highs: last Wednesday, the rate on ten-year securities for the first time since the fall of 2007 was kept at around 4.615%, having added more than 50 basis points since the beginning of the month.

The focus of investors' attention today will be September business activity statistics from the Institute for Supply Management (ISM) and S&P Global. Forecasts suggest a moderate increase in the ISM Manufacturing PMI from 47.6 points to 47.9 points, while the S&P Global PMI is expected to remain unchanged at 48.9 points. At the end of the week, the September labor market report will be presented, which could significantly influence the future rhetoric of the US Federal Reserve. Currently, analysts predict a decline in the Unemployment Rate in September from 3.8% to 3.7%, and the Nonfarm Payrolls are expected to be 158.0 thousand, which is noticeably lower than the 187.0 thousand recorded in the previous month.

Support and resistance

Bollinger Bands on the daily chart show a steady decline. The price range is expanding but it fails to conform to the surge of "bearish" activity at the moment. MACD grows, preserving a stable buy signal (located below the signal line). Stochastic, having reached its lows, reversed into the horizontal plane, indicating risks of oversold instrument in the ultra-short term.

Resistance levels: 1850.27, 1857.49, 1869.49, 1880.00.
Support levels: 1840.00, 1828.22, 1815.00, 1800.00.

https://i.ibb.co/wJmgWfy/XAUUSD021023-33.png

https://i.ibb.co/CvhFnsG/XAUUSD021023-333.png

Trading tips

Short positions may be opened after a breakdown of 1840.00 with the target at 1815.00. Stop-loss — 1850.27. Implementation time: 1-2 days.

A rebound from 1840.00 as from support followed by a breakout of 1850.27 may become a signal for opening new long positions with the target at 1869.49. Stop-loss — 1840.00.

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USD/CHF: inflation in Switzerland dropped to 0.1% in September 04.10.2023

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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 shows ambiguous trading dynamics, consolidating near the 0.9215 and the highs of the end of March. Market volatility has noticeably decreased as investors expect the emergence of new drivers for the movement of the trading instrument.

On Thursday, American service PMI in September will be published: a slight reduction in the index from 54.5 points to 53.6 points is predicted, while a similar indicator from S&P Global will remain at 50.2 points. In addition, a report from Automatic Data Processing (ADP) on employment in the private sector, according to expert calculations, will reflect a slowdown in nonfarm payrolls from 177.0K to 153.0K.

Pressure on the franc’s position comes from Swiss inflation statistics released on Tuesday: in September, the consumer price index rose from 1.6% to 1.7%, while analysts expected it to reach 1.8%. The indicator adjusted by –0.1% MoM after 0.2% earlier, which is worse than forecasts that assumed zero dynamics. Against this background, the Swiss National Bank may abandon further tightening of monetary policy and move to lower interest rates faster.

Support and resistance

On the daily chart, Bollinger Bands are steadily growing: the price range is expanding from above, letting the bulls renew the highs. The MACD indicator reversed upwards, generating a buy signal (the histogram is above the signal line). Stochastic, having interrupted the corrective decline, began to rise: it does not contradict the further development of corrective dynamics but indicates that the American dollar may become overbought in the ultra-short term.

Resistance levels: 0.9224, 0.9250, 0.9300, 0.9350.
Support levels: 0.9200, 0.9175, 0.9150, 0.9100.

https://i.ibb.co/dj8rGpR/USDCHF041023-33.png

https://i.ibb.co/b3YPRDY/USDCHF041023-333.png

Trading tips

Long positions may be opened after a breakout of 0.9224 with the target at 0.9300. Stop loss – 0.9180. Implementation time: 2–3 days.

Short positions may be opened after a rebound from 0.9224 and a breakdown of 0.9175 with the target at 0.9100. Stop loss – 0.9224.

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

You can learn more about the current situation 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 GBP/USD, EUR/USD, USD/CHF, AUD/USD. 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.

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