SupportResistance

Share: USD/JPY reverses the previous day’s recovery from weekly low, sidelined of late. Firmer RSI,…

Share: A downside break of the Inverted Flag pattern will drag EUR/JPY firmly. The 50-and 200-EMAs have…

USD/CHF is struggling to extend the upside above 0.9280, upside seems favored amid the upbeat market mood. The US Dollar Index (DXY) has shifted its auction above 102.50 as Fed might not pause its policy tightening…

USD/JPY is demonstrating a less-confident pullback move as the risk profile is extremely positive. A bear cross, represented by the 20-and 50-period EMAs around 130.00, adds to the downside filters. The RSI (14)…

USD/JPY remains depressed inside a fortnight-old triangle after reversing from one-week high. Convergence of 100-EMA, descending trend line from mid-December guards immediate upside. Sluggish RSI, multiple hurdles…

Intel stock has lost nearly 11% in the premarket INTC dropped on account of Thursday's evening's quarterly release. Intel missed earnings expectations by half and revenue consensus by $500 million. CEO Pat…

Investors have turned risk-averse ahead of the US PCE Price Index data. The formation of an Ascending Triangle indicates sheer volatility contraction. The RSI (14) has shifted into the 40.00-60.. range,…

EUR/USD renews nine-month high inside short-term rising wedge. Nearly overbought RSI conditions suggest limited room towards the north. 10-DMA restricts immediate downside, 1.0660 is the key support. EUR/USD…

Alphabet will lay off about 12,000 employees. GOOG stock has benefited from the news on Friday.  Alphabet will focus on AI technolgy. $102 is the next price target for GOOG bulls. Alphabet (GOOG) stock advanced…

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…