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ExxonMobil Corp.: technical analysis 25.01.2023

Good afternoon, dear forum visitors!

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

Shares of ExxonMobil Corp., a US oil company, are trading at 113.00.

A global uptrend is forming on the daily chart, and at the moment, the price is rising within the local corridor with dynamic boundaries of 118.00–111.00.

The four-hour chart of the asset shows that this range can work as a Flag trend continuation pattern. If the quotes consolidate above the local high of 114.70, the dynamics will continue to 120.00, and the decline will continue when 111.50 is broken.

Technical indicators are finishing working out a local correction, holding a global buy signal: fast EMAs on the Alligator indicator are at a sufficient distance from the signal line, and the AO oscillator histogram forms ambiguous bars in the buying zone.

XOM250123-22.png

Trading tips

Long positions may be opened after the price rises and consolidates above 114.70 with the target at 120.00. Stop loss – 111.00. Implementation period: 7 days or more.

Short positions may be opened after a reversal, reduction, and consolidation of the price below 111.50 with the target at 104.20. Stop loss – 114.00.

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 ExxonMobil Corp. and trade efficiently with NPBFX.

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Alcoa Corp.: technical analysis 27.01.2023

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.

The shares of Alcoa Corp., one of the world's largest aluminum producers, are correcting at 52.00.

On the daily chart, the price moves within a global downtrend, rising within the local corridor with dynamic boundaries of 45.00–60.00.

The four-hour chart shows that an upward wave has recently formed inside the range, and a correction is developing. Despite the local decline, the quotes are kept above the initial correction of 23.6% Fibonacci around 48.80, not excluding the development of upward dynamics after the consolidation above the basic correction of 38.2% around 58.20.

Technical indicators do not rule out a decline: the EMA fluctuation range on the Alligator indicator is directed upwards, and the AO histogram forms corrective bars in the buying zone.

AA270123-22.png

Trading tips

Long positions may be opened after a reversal, growth, and price consolidation above 58.20 with the target at 65.80. Stop loss — 55.00. Implementation period: 7 days or more.

Short positions may be opened after the price drops and consolidates below 48.80 with the target at 41.80. Stop loss — 51.00.

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 Alcoa Corp. and trade efficiently with  NPBFX.

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EUR/USD: the euro retreats from its record highs 30.01.2023  

Good afternoon, dear forum visitors!

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 flat trading dynamics, being held near 1.0875. The instrument is consolidating after falling for two sessions in a row, as a result of which it retreated from its record highs in April. Trading activity at the beginning of the new week remains quite low, as investors expect the publication of macroeconomic statistics from Germany and the eurozone.

Today, the first estimate of the Gross Domestic Product (GDP) of Germany for the fourth quarter of 2022 will be presented. Forecasts assume the emergence of zero dynamics after an increase of 0.4% in quarterly terms, and in annual terms, the growth rate of the German economy may slow down from 1.2% to 1.1%. Also during the day, statistics on the level of Consumer Confidence and Sentiment in the eurozone economy in January is expected to be released. Analysts suggest a moderate decline in Business Sentiment from 95.8 points to 94.6 points.

Tomorrow, the eurozone will publish statistics on the dynamics of Gross Domestic Product (GDP) for the fourth quarter of 2022, and Germany will release data on Retail Sales for December and on Consumer Price Index, which may accelerate in January from 8.6% to 9.0%.

Support and resistance

Bollinger Bands in D1 chart show moderate growth. The price range is narrowing, reflecting the emergence of ambiguous dynamics of trading in the short term. MACD is falling, having formed a relatively strong sell signal (the histogram is below the signal line). Stochastic is showing similar dynamics, having rebounded from the level of "80" downwards. The indicator signals in favor of the development of corrective dynamics in the ultra-short term.

Resistance levels: 1.0928, 1.1000, 1.1051, 1.1100.
Support levels: 1.0850, 1.0800, 1.0759, 1.0700.

eurusd-30012023-55.png

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Trading tips

Short positions may be opened after a breakdown of 1.0850 with the target at 1.0759. Stop-loss — 1.0900. Implementation time: 1-2 days.

A rebound from 1.0850 as from support followed by a breakout of 1.0928 may become a signal for opening new long positions with the target at 1.1051. Stop-loss — 1.0870.

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 EUR/USD and trade efficiently with NPBFX.
 

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General Electric Co.: technical analysis 01.02.2023

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.

The shares of General Electric Co., an American diversified corporation, are strengthening the global correction, trading around 80.00.

On the daily chart, the quotes are kept within the global ascending channel with dynamic boundaries 92.00–69.00, and after closing the price gap, they are getting ready for growth.

On the four-hour chart, the upward movement in the asset prevails, and consolidation above the current local high of 83.00 will mean the development of positive dynamics towards the last year's high of 88.00.

Technical indicators reinforce the buy signal: fast EMAs on the Alligator indicator are above the signal line, expanding the range of fluctuations, and the AO histogram forms rising bars in the buying zone.

91e14c9f8c2c29bd908fb4e3e9a165eb.png

Trading tips

Long positions may be opened after the price rises and consolidates above 83.00 with the target at 88.00. Stop loss — 81.00. Implementation period: 7 days or more.

Short positions may be opened after the price drops and consolidates below 77.00 with the target at 71.00. Stop loss — 80.00.

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.

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.

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AUD/USD: the Australian dollar retreats from record highs 03.02.2023

Good afternoon, dear forum visitors!

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 shows a moderate decline, testing 0.7050 for a breakdown and building on the "bearish" momentum that was formed the day before, when the instrument retreated from its June record highs. The reason for the appearance of downward dynamics was the growth of the US currency in almost the entire spectrum of the market, which intensified after the publication of the minutes of the meetings of the European Central Bank (ECB) and the Bank of England. Both regulators decided to raise interest rates by 50 basis points, and also announced their readiness to maintain a "hawkish" monetary policy until inflation reaches the target level of 2.0%.

In addition, the US dollar was supported by statistics on jobless claims: the number of Initial Jobless Claims for the week ended January 27 decreased from 186.0 thousand to 183.0 thousand, while analysts expected 200.0 thousand, and Continuing Jobless Claims for the week ended January 20 decreased from 1.666 million to 1.655 million, which also turned out to be better than forecasts at the level of 1.677 million.

Some support for quotes at the end of the week is provided by macroeconomic statistics from Australia and China. Australian Services PMI from the Commonwealth Bank in January rose from 48.3 points to 48.6 points with a neutral forecast. In addition, December data on Building Permits were presented yesterday: the total volume increased by 18.5% against preliminary estimates of 1.0%, and for private houses it was adjusted for the fourth time in a row, losing 2.3%. In general, the construction market remains under pressure from high inflation and the interest rate of the Reserve Bank of Australia (RBA). In turn, the Chinese Caixin Services PMI over the same period accelerated from 48.0 points to 52.9 points, while the forecast was at 47.3 points.

Support and resistance

Bollinger Bands in D1 chart show active growth. The price range is narrowing, reflecting appearance of multi-directional dynamics in the short term. MACD is falling, keeping a relatively strong sell signal (the histogram is below the signal line). Stochastic, having reacted to the emergence of "bearish" dynamics, has only reversed into a horizontal plane, indicating a fragile balance of power.

Resistance levels: 0.7100, 0.7150, 0.7202, 0.7250.
Support levels: 0.7050, 0.7000, 0.6950, 0.6900.

audusd-03022023-55.png

audusd-03022023-66.png

Trading tips

Short positions may be opened after a breakdown of 0.7050 with the target at 0.6950. Stop-loss — 0.7100. Implementation time: 1-2 days.

A rebound from 0.7050 as from support followed by a breakout of 0.7100 may become a signal for opening new long positions with the target at 0.7202. Stop-loss — 0.7050.

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 AUD/USD and trade efficiently with NPBFX.

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USD/JPY: the US dollar is correcting after strong growth at the end of last week 06.02.2023

Good afternoon, dear forum visitors!

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

The USD/JPY pair is trading down, correcting after a notable rise last Friday. It should be noted that the instrument also opened with a significant upward gap and is currently trying to level it.

At the end of last week, the American currency was supported by a strong report on the US labor market for January. The economy created more than 500.0 thousand new jobs outside the agricultural sector, while analysts expected only 185.0 thousand, and the data for December were revised from 223.0 thousand to 260.0 thousand. In turn, the Unemployment Rate for the same period decreased from 3.5% to 3.4% against the forecast of 3.6%, while the Average Hourly Earnings at the same time slowed down from 0.4% to 0.3% MoM and from 4.9% to 4.4% YoY, which turned out to be noticeably worse than the analysts' neutral forecasts.

On Friday, Japan released January data on business activity in the Services sector: the PMI rose from 51.1 points to 52.3 points, below the expected 52.4 points. The non-manufacturing sector continues to recover after the complete lifting of quarantine restrictions in the country and the opening of the borders of China, as a result of which household demand increased, and the influx of new tourists provided the service sector with increased profits. Tomorrow, investors will pay attention to the statistics on coinciding and leading indicators for December, as well as the speech of the Chair of the US Federal Reserve, Jerome Powell, who can comment on the unexpectedly strong data on the US labor market.

Support and resistance

Bollinger Bands in D1 chart show moderate growth. The price range is expanding but it fails to conform to the surge of "bullish" sentiments at the moment. MACD indicator is growing, while preserving a rather stable buy signal (located above the signal line). Stochastic keeps its upward direction but is rapidly approaching its highs, which reflects the risks of overbought American dollar in the ultra-short term.

Resistance levels: 132.00, 133.00, 133.61, 134.50.
Support levels: 131.00, 130.00, 129.00, 128.00.

USDJPY060223-33.png

USDJPY060223-333.png

Trading tips

Short positions may be opened after a breakdown of 131.00 with the target at 129.00. Stop-loss — 132.00. Implementation time: 2-3 days.

A rebound from 131.00 as from support followed by a breakout of 132.00 may become a signal for opening new long positions with the target at 133.61. Stop-loss — 131.20.

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

You can learn more about the current situation on Apple Inc. 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.

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/JPY and trade efficiently with  NPBFX.

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Meta Platforms Inc.: technical analysis 08.02.2023

Good afternoon, dear forum visitors!

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

Shares of Meta Platforms Inc., the US multinational holding company that owns technology conglomerate and social media giant Facebook, are trading at 191.00.

On the daily chart, a global corrective trend is forming, within which the gap of 151.00–183.00 has formed, and the price is above its end level.

In the four-hour chart, the prospects for the continuation of the upward dynamics are still quite high, as evidenced by the fact that the quotes are above the 38.2% Fibonacci base correction level around 191.75, in case of consolidation above which the next target will be the 50.0% Fibonacci intermediate correction level around 220.00.

Technical indicators keep a buy signal: fast EMAs on the Alligator indicator expand the range of fluctuations, and the AO histogram forms rising bars in the buying zone.

META-080223-22.png

Trading tips

Long positions may be opened after the price rises and consolidates above 197.00 with the target at 221.00. Stop loss – 190.00. Implementation period: 7 days or more.

Short positions may be opened after a reversal, reduction, and consolidation of the price below 184.00 with the target at 151.00. Stop loss – 190.00.

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.

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NZD/USD: New Zealand dollar returned to decline 10.02.2023

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 NZD/USD pair shows an active decline, testing 0.6300 for a breakdown. The day before, the instrument made a rather aggressive attempt to grow; however, the "bulls" failed to consolidate at the local highs of February 3.

Meanwhile, the macroeconomic background in both New Zealand and the US remained mixed. Initial Jobless Claims in the US for the week ended February 3 increased from 183.0 thousand to 196.0 thousand, which turned out to be higher than analysts' forecasts of growth to 190.0 thousand, and Contiuing Jobless Claims for the week ended January 27 increased from 1.650 million to 1.688 million, which also turned out to be higher than the expected 1.658 million.

New Zealand data showed an increase in Electronic Card Retail Sales in January by 2.6% after -2.3% in the previous month, while analysts had expected 1.9%. At the same time, in annual terms, the indicator decreased from 4.8% to 2.7%, contrary to forecasts of growth to 9.1%.

Support and resistance

Bollinger Bands in D1 chart demonstrate a stable decrease. The price range expands, making way to new local lows for the "bears". MACD continues its downtrend, strengthening its sell signal (the histogram is below the signal line). Stochastic, having attempted an upward correction at the beginning of the week, reversed to the horizontal plane, indicating the ambiguous nature of trading at the end of the week.

Resistance levels: 0.6350, 0.6400, 0.6450, 0.6500.
Support levels: 0.6288, 0.6250, 0.6200, 0.6155.

NZDUSD100223-33.png

NZDUSD100223-333.png

Trading tips

Short positions may be opened after a breakdown of 0.6288 with the target at 0.6200. Stop-loss — 0.6330. Implementation time: 1-2 days.

A rebound from 0.6288 as from support followed by a breakout of 0.6350 may become a signal for opening new long positions with the target at 0.6450. Stop-loss — 0.6300.

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.

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Johnson & Johnson: technical analysis 13.02.2023

Good afternoon, dear forum visitors!

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

The shares of Johnson & Johnson, one of the world's leading retail holdings, are correcting at 162.00.

On the daily chart, the price is declining within a downtrend, almost reaching the global low of last September at 160.00.

On the four-hour chart, the consolidation below the key level of 160.00 will become a marker for the transition of the corrective decline into a trend with further movement to levels around 150.00, and if it is held, a local increase to the high of the end of January at 169.00 is possible.

Technical indicators keep a stable sell signal: the EMA fluctuation range on the Alligator indicator expands downwards, and the AO histogram forms downward bars, moving away from the transition level.

JNJ-130223-22.png

Trading tips

Short positions may be opened after the price drops and consolidates below 160.00 with the target at 153.00. Stop loss – 163.00. Implementation period: 7 days or more.

Long positions may be opened after a reversal, growth, and consolidation of the price above 164.00 with the target at 169.00. Stop loss – 161.00.

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 Johnson & Johnson and trade efficiently with  NPBFX.

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Starbucks Corp.: technical analysis 15.02.2023

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.

The shares of Starbucks Corp., one of the largest companies in the world, which owns the chain of coffee houses of the same name, are moving within a corrective trend at 108.00.

On the daily chart, the price is rising within the global ascending channel with dynamic boundaries 116.00–99.00, having consolidated yesterday, last week's local high of 108.00.

On the four-hour chart, it can be seen that although the quotes are near the channel resistance line, the potential for upward dynamics remains high, and the target level of 116.00 can be reached soon. For the final confidence in the continued growth of the asset, it remains to overcome the local high of the end of January around 110.00.

Technical indicators maintain a stable buy signal: fast EMAs on the Alligator indicator keep a wide range of fluctuations, moving away from the signal line, and the AO histogram forms new upward bars in the buying zone.

SBUX-150223-22.png

Trading tips

Long positions may be opened after the price rises and consolidates above 110.00 with the target at 116.00. Stop loss – 108.00. Implementation period: 7 days or more.

Short positions may be opened after a reversal, reduction, and consolidation of the price below 105.00 with the target at 99.00. Stop loss – 107.00.

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.

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Netflix Inc.: technical analysis 17.02.2023

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.

The shares of Netflix Inc., an American entertainment company and movie and series streaming service, are trading in a corrective trend, around 350.00.

On the daily chart, the price continues its upward trend within the global corridor with dynamic boundaries of 315.00–400.00, reversing towards support.

The four-hour chart shows that the potential for a downward movement is gradually increasing, which confirms the possible formation of a Head and shoulders reversal pattern with the Neckline at 344.00. In case of its complete development, the quotes will be able to reach the support of the global channel, around 320.00.

Technical indicators are in a buy state: fast EMAs on the Alligator indicator are approaching the signal line, although they have narrowed the range of fluctuations, and the AO histogram is forming downward bars, approaching the transition level.

NFLX-170223-22.png

Trading tips

Short positions may be opened after a reversal, decline, and consolidation of the price below 344.00 with the target at 320.00. Stop loss — 350.00. Implementation period: 7 days or more.

Long positions may be opened after the price rises and consolidates above 363.10 with the target at 390.00. Stop loss — 350.00.

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.

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.

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Cisco Systems Inc.: technical analysis 20.02.2023

Good afternoon, dear forum visitors!

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

The shares of Cisco Systems Inc., an American manufacturer and supplier of network equipment for large holdings and telecommunications companies, are correcting at 50.75.

On the daily chart, the price continues to implement the global upward correction, leaving the local corridor with dynamic boundaries 45.00–49.50 yesterday and firmly consolidated above the resistance line.

On the four-hour chart, a high potential for further upward movement is signaled by the price gap with which the quotes left the local channel, breaking the level of 49.50, as well as the possible formation of a global Head and shoulders reversal pattern with the Neckline at 50.00.

Technical indicators gave a local buy signal: the range of EMA fluctuations on the Alligator indicator began to expand upwards, and the AO histogram forms rising bars in the buy zone, moving away from the transition level.

CSCO-200223-11.png

Trading tips

Long positions may be opened after the price rises and consolidates above 51.70 with the target at 55.00. Stop loss – 50.50. Implementation period: 7 days or more.

Short positions may be opened after a reversal, reduction, and consolidation of the price below 50.00 with the target at 47.00. Stop loss — 51.00.

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 Cisco Systems Inc. and trade efficiently with  NPBFX.

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The Walt Disney Co.: technical analysis 22.02.2023

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.

The shares of The Walt Disney Co., one of the leaders in the global entertainment industry, are moving in a corrective trend at 102.00.

On the daily chart, the price is holding above the resistance line of the local downward channel with dynamic boundaries 91.00–78.00, and the correction is gaining momentum again.

On the four-hour chart, it is clear that if the quotes continue to decline, they may enter the stage of a global trend, and in this case, the last year's minimum, around 85.00, will become relevant again.

Technical indicators signal in favor of a local decline: fast EMAs on the Alligator indicator are actively approaching the signal line, quickly narrowing the range of fluctuations, and the AO histogram is forming downward bars.

DIS220223-11.png

Trading tips

Short positions may be opened after the price drops and consolidates below 98.00 with the target at 85.00. Stop loss – 103.00. Implementation period: 7 days or more.

Long positions may be opened after a reversal, growth, and consolidation of the price above 108.00 with the target at 118.00. Stop loss -105.00.

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.

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Pfizer Inc. technical analysis 24.02.2023

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.

The shares of Pfizer Inc., the largest US pharmaceutical company, are correcting at 42.00.

On the daily chart, the price is holding within the global corridor with dynamic boundaries 54.30–41.60 and almost reached the support line yesterday.

On a four-hour chart, it can be seen that the support line of the global channel coincides with last year's low of 41.60, and its breakdown will mean the beginning of a new global downward cycle, the key level for which is 39.00.

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 AO histogram forms corrective bars in the sell zone.

PFE240223-11.png

Trading tips

Short positions may be opened after the price drops and consolidates below 41.60 with the target at 39.00. Stop loss – 42.50. Implementation period: 7 days or more.

Long positions may be opened after a reversal, growth and consolidation of the price above 43.30 with the target at 46.20. Stop loss — 42.00.

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 Pfizer Inc. and trade efficiently with  NPBFX.

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Johnson & Johnson: technical analysis 27.02.2023

Good afternoon, dear forum visitors!

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

The shares of Johnson & Johnson, one of the world's leading retail holdings, are correcting at 156.00.

On the daily chart, the price is declining within a downtrend, almost reaching one of the March 2021 lows at 154.00.

On the four-hour chart, it can be seen that consolidation quotes below this level is the key marker for the transition to an increase in downward dynamics towards targets around the November 2020 low around 143.00. If the price reverses and consolidates above the September 2022 low at 160.00, a local increase and return to the sideways channel with the boundaries of 159.00–180.00 is possible.

Technical indicators keep a stable sell signal: the EMA fluctuation range on the Alligator indicator expands downwards, and the AO histogram forms downward bars, moving away from the transition level.

JNJ-270223-1.png

Trading tips

Short positions may be opened after the price drops and consolidates below 154.00 with the target at 143.00. Stop loss – 160.00. Implementation period: 7 days or more.

Long positions may be opened after a reversal, growth and consolidation of the price above 159.00 with the target at 167.00. Stop loss – 156.00.

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.

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 Johnson & Johnson and trade efficiently with  NPBFX.

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EUR/USD: euro shows ambiguous trading dynamics 01.03.2023

Good afternoon, dear forum visitors!

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 mixed trading dynamics, consolidating near 1.0590 and fixing a slight increase in "bullish" sentiments for the instrument in anticipation of new drivers.

The euro came under pressure after the publication of data on inflation in France and Spain, which, at the same time, increased the chances for the continuation of the "hawkish" policy from the European Central Bank (ECB). In February, the Consumer Price Index in France accelerated from 7.0% to 7.4% in annual terms, while analysts expected the dynamics to remain at previous levels, and in monthly terms it rose from 0.4% to 1.0% which was in line with the forecasts. Despite the further increase in the interest rate by the ECB, which generally supports the single currency, the renewed growth of inflation in the region is perceived as a dangerous signal. Recall that earlier in France there were mass protests against the pension reform. Spanish inflation for the same period accelerated from 5.9% to 6.1%, while analysts expected a possible weakening to 5.7%. On a monthly basis, the CPI added 1.0% after declining by 0.2% in January, while forecasts assumed a zero trend. Today, investors are focusing on statistics from Germany, where the Consumer Price Index is predicted to slow down in February from 8.7% to 8.5% in annual terms and from 1.0% to 0.6% in monthly terms.

Support and resistance

Bollinger Bands in D1 chart demonstrate a moderate decrease. The price range expands slightly, making way for new local lows for the "bears". MACD indicator tries to reverse to growth and to form a new buy signal (the histogram is about to consolidate above the signal line). Stochastic is showing a more confident growth and is located in the middle of its area.

Resistance levels: 1.0600, 1.0654, 1.0700, 1.0765.
Support levels: 1.0550, 1.0500, 1.0450, 1.0400.

EURUSD010323-33.png

EURUSD010323-333.png

Trading tips

Short positions may be opened after a breakdown of 1.0550 with the target at 1.0450. Stop-loss — 1.0600. Implementation time: 2-3 days.

A rebound from 1.0550 as from support followed by a breakout of 1.0600 may become a signal for opening new long positions with the target at 1.0700. Stop-loss — 1.0550.

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 EUR/USD and trade efficiently with NPBFX.

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Cisco Systems Inc.: technical analysis 03.03.2023

Good afternoon, dear forum visitors!

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

The shares of Cisco Systems Inc., an American manufacturer and supplier of network equipment for large holdings and telecommunications companies, are correcting at 48.50.

On the daily chart, the price completes the formation of the global Head and shoulders pattern with the Neckline at 51.00, which the instrument has already tested this year but could not overcome and rolled back down. Now, the quotes are traded in the local ascending channel with dynamic boundaries 47.00–51.00, preparing to continue moving towards 56.00.

Technical indicators keep a local buy signal: the range of EMA fluctuations on the Alligator indicator is in the ascending zone, and the AO histogram forms corrective bars in the buy zone.

CSCO030323-11.png

Trading tips

Long positions may be opened after the price rises and consolidates above 49.50 with the target at 54.00. Stop loss – 48.50. Implementation period: 7 days or more.

Short positions may be opened after a reversal, reduction, and consolidation of the price below 46.80 with the target at 43.80. Stop loss – 47.60.

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 Cisco Systems Inc. and trade efficiently with  NPBFX.

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Netflix Inc.: technical analysis 06.03.2023

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.

The shares of Netflix Inc., an American entertainment company and movie and series streaming service, are trading at 315.00.

On the daily chart, the price continues its corrective dynamics within the global ascending corridor with dynamic boundaries of 312.00–400.00, having reached its support line.

On the four-hour chart, it is clear that the downside potential remains high, and the global channel support line at 312.00 could be passed this week. The key "bullish" level is the local high of last week around 326.00, consolidation above which will allow the asset to start growing.

Technical indicators are in a sell state: fast EMAs on the Alligator indicator are moving away from the signal line, expanding the range of fluctuations, and the AO histogram is forming downward bars in the sell zone.

NFLX060323-22.png

Trading tips

Short positions may be opened after the price drops and consolidates below 300.00 with the target at 273.00. Stop loss – 310.00. Implementation period: 7 days or more.

Long positions may be opened after the price rises and consolidates above 326.00 with the target at 350.00. Stop loss — 320.00.

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.

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.

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Visa Inc.: technical analysis 08.03.2023

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.

The shares of Visa Inc., the largest American multinational company providing services for conducting payment transactions, are moving within a corrective trend at 223.00.

On the daily chart, the price is holding within the channel with dynamic boundaries 248.00–220.00 and tries to grow toward the resistance line.

On a four-hour chart, it is clear that the current trend has high prospects for continuation, as the quotes are above the local high of the previous wave at 220.00 and close to the current high of the year at 230.00, consolidation above which will be a key marker of further growth.

Technical indicators almost gave a signal to buy: the range of fluctuations of the EMA on the Alligator indicator is directed upwards, and the AO histogram is approaching the transition level, forming rising bars.

visa-08032023-3.png

Trading tips

Long positions may be opened after the price rises and consolidates above 227.00 with the target at 236.30. Stop loss – 220.00. Implementation period: 7 days or more.

Short positions may be opened after a reversal, reduction, and consolidation of the price below 217.50 with the target at 203.00. Stop loss – 221.00.

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.

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Tesla Inc.: technical analysis 10.03.2023

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.

The shares of Tesla Inc., the world's leading manufacturer of electric cars, continue their global correction, trading at 173.00.

On the daily chart, the price is reversing downwards after hitting a high of the year at 216.00.

On the four-hour time interval, it can be seen that the quotes have begun working out the local Head and shoulders reversal pattern with the Neckline at 183.00. After the implementation of its targets, the asset may fall to the beginning of the price gap on January 26 of 145.00, from which the growth has begun.

Technical indicators reinforce the sell signal: fast EMAs on the Alligator indicator are actively moving away from the signal line, and the AO histogram is forming downward bars.

TSLA-100323-11.png

Trading tips

Short positions may be opened after the price drops and consolidates below 165.70 with the target at 145.00. Stop loss – 170.00. Implementation period: 7 days or more.

Long positions may be opened after a reversal, growth, and consolidation of the price above 183.00 with the target at 210.70. Stop loss – 175.00.

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.

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.

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