Resolve Posted November 15 Author Share Posted November 15 Mastering Multiple Timeframe Trading Strategies In the fast-paced world of trading, the ability to analyse and interpret multiple timeframes can be one of the advantages of a trader. In this FXOpen article, we will delve into the concept of multiple timeframes in trading and consider two multiple timeframe trading strategies based on it. Understanding Multiple Timeframes Multiple timeframes refer to the simultaneous analysis of price data across charts with different periods. This approach allows traders to gain a comprehensive view of the market's dynamics. The use of multiple timeframes is paramount in trading for several reasons. TO VIEW THE FULL ARTICLE, VISIT THE FXOPEN BLOG Disclaimer: This article represents the opinion of the Companies operating under the FXOpen brand only (excluding FXOpen EU). It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice. RISK WARNING: Trading on the Forex market involves substantial risks, including complete possible loss of funds and other losses and is not suitable for all members. Clients should make an independent judgement as to whether trading is appropriate for them in the light of their financial condition, investment experience, risk tolerance and other factors. Link to comment Share on other sites More sharing options...
Resolve Posted November 15 Author Share Posted November 15 Netflix (NFLX) Stock Hits Another All-Time High The daily chart for Netflix (NFLX) shows that its price has risen by more than 10% since the start of November, setting a series of new all-time highs. Today, Netflix's stock price is trading above $830. The bullish momentum is attributed to several factors, including stronger-than-expected Q3 earnings: → Earnings per share (EPS): Actual = $5.40, Expectations = $5.11; → Revenue: Actual = $9.82 billion, Expectations = $9.11 billion; → Monthly active users: Reached 70 million. Additionally, as reported by Benzinga, investor optimism has been bolstered by expectations that Donald Trump’s pro-business tax-cut policies could increase consumer spending, particularly in discretionary sectors like streaming video. Technical Analysis of NFLX Stock TO VIEW THE FULL ANALYSIS, VISIT FXOPEN BLOG Disclaimer: This article represents the opinion of the Companies operating under the FXOpen brand only (excluding FXOpen EU). It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice. Link to comment Share on other sites More sharing options...
Resolve Posted November 15 Author Share Posted November 15 Brent Crude Oil Analysis: Bulls Hold the Line at Key Support The XBR/USD chart reveals that Brent crude oil is trading near its lowest levels of the year. Several factors are pressuring oil prices: → China's uncertain demand outlook: As the world's largest crude oil importer, any signs of weakening demand weigh heavily on the market. → A strengthening US dollar: Since Brent is priced in USD, a stronger dollar makes oil more expensive for international buyers, dampening demand. → Trump's promises to halt wars, including in the Middle East: This reduces geopolitical risk, which traditionally acts as a bullish factor for oil prices. Technical Analysis of XBR/USD TO VIEW THE FULL ANALYSIS, VISIT FXOPEN BLOG Disclaimer: This article represents the opinion of the Companies operating under the FXOpen brand only (excluding FXOpen EU). It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice. Link to comment Share on other sites More sharing options...
Resolve Posted November 18 Author Share Posted November 18 How Can You Use a Break and Retest Strategy in Trading? Trading strategies help traders navigate the financial markets with greater confidence. One such approach is the break and retest strategy, which focuses on key support and resistance levels. This article explores the break and retest strategy in detail, providing insights and practical examples to help traders apply it in their trading activities. Understanding the Break and Retest Strategy The break and retest strategy is popular among traders who aim to capitalise on clear market movements. At its core, this strategy revolves around identifying key support and resistance levels on a price chart. Here’s how it works: When the price breaks through a support or resistance level, it signals a potential shift in market sentiment. For example, if a stock breaks above a resistance level, it suggests increasing buying interest. Traders then watch for the price to return to this newly broken level—known as a retest in trading. During the retest, the former resistance now acts as support, providing a potentially more attractive entry point for traders looking to join the trend. TO VIEW THE FULL ARTICLE, VISIT FXOPEN BLOG Disclaimer: This article represents the opinion of the Companies operating under the FXOpen brand only (excluding FXOpen EU). It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice. RISK WARNING: Trading on the Forex market involves substantial risks, including complete possible loss of funds and other losses and is not suitable for all members. Clients should make an independent judgement as to whether trading is appropriate for them in the light of their financial condition, investment experience, risk tolerance and other factors. Link to comment Share on other sites More sharing options...
Resolve Posted November 18 Author Share Posted November 18 Market Analysis: GBP/USD Nosedives While USD/CAD Regains Strength GBP/USD started a fresh decline below the 1.2750 zone. USD/CAD is rising and might aim for more gains above the 1.4100 resistance. Important Takeaways for GBP/USD and USD/CAD Analysis Today The British Pound started a major decline from the 1.3000 resistance zone. There is a key bearish trend line forming with resistance at 1.2650 on the hourly chart of GBP/USD at FXOpen. USD/CAD is showing positive signs above the 1.4000 support zone. There is a connecting bullish trend line forming with support at 1.4040 on the hourly chart at FXOpen. GBP/USD Technical Analysis On the hourly chart of GBP/USD at FXOpen, the pair struggled to continue higher above the 1.3000 resistance zone. The British Pound started a downside correction and traded below the 1.2850 support zone against the US Dollar. The pair even traded below 1.2700 and the 50-hour simple moving average. Finally, the bulls appeared near the 1.2600 level. A low was formed at 1.2597 and the pair is now consolidating losses. TO VIEW THE FULL ANALYSIS, VISIT FXOPEN BLOG Disclaimer: This article represents the opinion of the Companies operating under the FXOpen brand only (excluding FXOpen EU). It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice. Link to comment Share on other sites More sharing options...
Resolve Posted November 18 Author Share Posted November 18 Walt Disney Company (DIS) Shares Surge Over 11% On 14 November, Walt Disney Company (DIS) released an investor report that exceeded analysts' expectations: → Earnings per share: Actual = $1.14; Expected = $1.10; Year-on-year growth = +39%. → Revenue: Actual = $22.57 billion; Expected = $22.42 billion. The stock market responded positively, with DIS shares rising: → On 13 November, prior to the report's release, the stock closed at $102.56. → By the end of the week, DIS closed at $114.94, a gain of more than 11% post-announcement. The company also reported an increase in its streaming subscribers, reaching 200 million. Investors view this growth as a positive signal for Walt Disney Company, similar to the optimism shown towards Netflix (NFLX), which we discussed on 15 November. Will DIS shares continue to rise? TO VIEW THE FULL ANALYSIS, VISIT FXOPEN BLOG Disclaimer: This article represents the opinion of the Companies operating under the FXOpen brand only (excluding FXOpen EU). It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice. Link to comment Share on other sites More sharing options...
Resolve Posted November 19 Author Share Posted November 19 What Are Lagging Indicators, and How Can You Use Them in Trading? Lagging indicators are fundamental tools in technical analysis, helping traders confirm trends and assess market momentum using historical price data. This article explores what lagging indicators are, the types available, and how traders use them in their strategies. We’ll also discuss their limitations and common mistakes traders should avoid. What Are Lagging Indicators? Lagging technical indicators are tools that traders use to confirm the direction of a price trend after it has already begun. There are leading and lagging technical indicators. The difference between leading and lagging indicators is that the former signal future price movements while the latter relying on past data help traders spot well-established trends. These indicators work by smoothing out price movements over time, which helps traders analyse whether a trend is likely to continue. For example, after a market has been rising steadily, a lagging indicator may show that the trend has solidified, giving traders more confidence in their analysis. However, because they react to past movements, lagging indicators can be slow to signal when a trend is reversing, which is why they’re often used alongside other tools. TO VIEW THE FULL ARTICLE, VISIT FXOPEN BLOG Disclaimer: This article represents the opinion of the Companies operating under the FXOpen brand only (excluding FXOpen EU). It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice. RISK WARNING: Trading on the Forex market involves substantial risks, including complete possible loss of funds and other losses and is not suitable for all members. Clients should make an independent judgement as to whether trading is appropriate for them in the light of their financial condition, investment experience, risk tolerance and other factors. Link to comment Share on other sites More sharing options...
Resolve Posted November 19 Author Share Posted November 19 Natural Gas Prices Reach Yearly Highs According to the XNG/USD chart, natural gas prices have risen by approximately 13% since early November and this week hit a new 2024 high. Factors Driving Bullish Sentiment (as reported by Reuters): → A sharp increase in global gas prices. → Forecasts of colder weather and higher heating demand in the United States. Will Natural Gas Prices Continue to Rise? From a fundamental perspective, the Energy Information Administration (EIA) forecast on 13 November predicts natural gas prices could peak in January 2025. TO VIEW THE FULL ANALYSIS, VISIT FXOPEN BLOG Disclaimer: This article represents the opinion of the Companies operating under the FXOpen brand only (excluding FXOpen EU). It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice. Link to comment Share on other sites More sharing options...
Resolve Posted November 19 Author Share Posted November 19 Meta Platforms (META) Shares Dip Below $550 On 7 October, we analysed the Meta Platforms (META) price chart and highlighted: → The formation of a long-term upward channel (marked in blue). → The key drivers supporting bullish sentiment. We also emphasised the psychological significance of the $600 level. Since then, the price has approached this level four times, only to be met with resistance each time (indicated by red arrows). Yesterday, for the first time since mid-September, META’s price fell below $550, suggesting that the stock underperformed the broader market during October and November. What’s Next? TO VIEW THE FULL ANALYSIS, VISIT FXOPEN BLOG Disclaimer: This article represents the opinion of the Companies operating under the FXOpen brand only (excluding FXOpen EU). It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice. Link to comment Share on other sites More sharing options...
Resolve Posted November 20 Author Share Posted November 20 What Are Leading Trading Indicators, and How Can You Use Them in Trading? Leading indicators are essential tools for traders aiming to analyse market movements. This article explains what leading indicators are, how they work, and their practical application across different asset classes. Read on to discover how tools like RSI, Stochastic Oscillator, On-balance Volume, and Fibonacci retracements can enhance your trading strategy. What Are Leading Technical Indicators? Technical indicators are divided into leading and lagging. Leading indicators in trading are tools used to identify potential price movements before they occur. Lagging indicators confirm trends after they begin, helping traders validate price movements. The difference between leading and lagging indicators is that leading indicators aim to give traders an edge by signalling when a new trend or reversal might be on the horizon while lagging indicators confirm trends after they've developed. Leading trading indicators work by analysing price data to identify patterns or extremes in buying and selling behaviour. For instance, popular leading indicators like the Relative Strength Index (RSI) and the Stochastic Oscillator measure momentum in a market. These indicators help traders spot overbought or oversold conditions, where RSI tracks recent price movements relative to historical performance, while the Stochastic Oscillator compares a security's closing price to its price range over a set period. TO VIEW THE FULL ARTICLE, VISIT FXOPEN BLOG Disclaimer: This article represents the opinion of the Companies operating under the FXOpen brand only (excluding FXOpen EU). It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice. RISK WARNING: Trading on the Forex market involves substantial risks, including complete possible loss of funds and other losses and is not suitable for all members. Clients should make an independent judgement as to whether trading is appropriate for them in the light of their financial condition, investment experience, risk tolerance and other factors. Link to comment Share on other sites More sharing options...
Resolve Posted November 20 Author Share Posted November 20 Shopify (SHOP) Shares Retreat After Sharp Surge On 12 November, Shopify released its Q3 earnings report, which exceeded analysts' expectations: Earnings per share: actual = $0.36, forecast = $0.27; Gross revenue: actual = $2.23 billion, forecast = $2.15 billion. The company also provided strong earnings guidance for Q4. According to Zacks analysts, Q4 earnings per share could reach $0.39. As a result, SHOP shares surged by more than 20% following the report's release. But is it the right time to buy now? TO VIEW THE FULL ANALYSIS, VISIT FXOPEN BLOG Disclaimer: This article represents the opinion of the Companies operating under the FXOpen brand only (excluding FXOpen EU). It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice. Link to comment Share on other sites More sharing options...
Resolve Posted November 20 Author Share Posted November 20 Market Analysis: AUD/USD and NZD/USD Recover - More Gains Ahead? AUD/USD is attempting a recovery wave from 0.6440. NZD/USD is also correcting losses and might recover if there is a clear move above the 0.5950 resistance. Important Takeaways for AUD/USD and NZD/USD Analysis Today The Aussie Dollar found support near 0.6440 and is now recovering against the US Dollar. There was a break above a key bearish trend line with resistance at 0.6480 on the hourly chart of AUD/USD at FXOpen. NZD/USD is attempting a recovery wave above the 0.5880 resistance. There was a break above a major bearish trend line with resistance near 0.5860 on the hourly chart of NZD/USD at FXOpen. AUD/USD Technical Analysis On the hourly chart of AUD/USD at FXOpen, the pair dipped from the 0.6685 resistance zone. The Aussie Dollar declined below 0.6500, but the bulls were active near 0.6440 against the US Dollar. A low was formed near 0.6439 and the pair is now correcting losses. There was a move above the 23.6% Fib retracement level of the downward wave from the 0.6685 swing high to the 0.6439 low. There was also a break above a key bearish trend line with resistance at 0.6480. TO VIEW THE FULL ANALYSIS, VISIT FXOPEN BLOG Disclaimer: This article represents the opinion of the Companies operating under the FXOpen brand only (excluding FXOpen EU). It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice. Link to comment Share on other sites More sharing options...
Resolve Posted November 20 Author Share Posted November 20 Morgan Stanley: Trump’s Tariff Plans Could Lower Stock Indices As reported by CNBC, Morgan Stanley analysts have evaluated the potential impact of tariff plans proposed by Donald Trump during his presidential campaign on the U.S. economy and stock market. Key initiatives from the president-elect include: → Introducing a general tariff of 10% to 20% on all imported goods. → Imposing additional tariffs of 60% to 100% on imports from China. Morgan Stanley’s Chief Global Economist, Seth Carpenter, suggests these measures could: → Eliminate the possibility of interest rate cuts in 2025 and constrain economic growth. → Threaten a slowdown in U.S. economic growth by 2026. → Drive inflation higher. → Pressure industries such as automotive, consumer electronics, machinery, construction, and retail. Increased producer costs are likely to be passed on to consumers. These scenarios imply a negative outlook for the U.S. stock market. Tariffs may reduce investment appeal and raise borrowing costs for companies, potentially dampening market performance. How Might This Affect Indices Like the Nasdaq 100 (US Tech 100 Mini on FXOpen)? TO VIEW THE FULL ANALYSIS, VISIT FXOPEN BLOG Disclaimer: This article represents the opinion of the Companies operating under the FXOpen brand only (excluding FXOpen EU). It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice. Link to comment Share on other sites More sharing options...
Resolve Posted November 20 Author Share Posted November 20 European Currencies' Decline Slows Near Key Levels As anticipated, investor concerns over escalating trade tensions between the U.S. and Europe, following Donald Trump’s U.S. election victory, have driven the euro and pound toward critical support levels. GBP/USD Last week, GBP/USD sellers pushed the pair down to the significant 1.2600 level. After testing this support, the downward trend paused, transitioning to sideways movement within the 1.2700–1.2600 range. Technical analysis suggests the possibility of an upward correction, with a bullish "engulfing" pattern visible on the daily timeframe. If the price breaks above 1.2700 in the next trading sessions, a move toward 1.2840–1.2800 could follow. Conversely, breaking the recent low near 1.2600 might open the path to 1.2500–1.2450. Key events to watch: 10:00 (GMT+3): UK Consumer Price Index (CPI) for October. 16:30 (GMT+3): UK House Price Index. 19:00 (GMT+3): Speech by Bank of England MPC member Ramsden. TO VIEW THE FULL ANALYSIS, VISIT FXOPEN BLOG Disclaimer: This article represents the opinion of the Companies operating under the FXOpen brand only (excluding FXOpen EU). It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice. Link to comment Share on other sites More sharing options...
Resolve Posted November 21 Author Share Posted November 21 Tweezer Candlestick Patterns for Trend Trading There are numerous patterns and indicators that can help traders determine the formation of a new trend. One valuable tool in a trader's arsenal is the Tweezer candlestick pattern. In this FXOpen article, we will discuss the definition of Tweezers, elucidate the importance of these patterns in trading, and emphasise their role in potentially achieving precision in trend trading. What Is a Tweezer? Tweezers are candlestick patterns that signify potential reversals in market trends. These patterns occur when two consecutive candlesticks share similar highs or lows, forming a "tweezer" shape on the price chart. Tweezers can be either bullish or bearish, each conveying distinct market sentiment. TO VIEW THE FULL ARTICLE, VISIT THE FXOPEN BLOG Disclaimer: This article represents the opinion of the Companies operating under the FXOpen brand only (excluding FXOpen EU). It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice. RISK WARNING: Trading on the Forex market involves substantial risks, including complete possible loss of funds and other losses and is not suitable for all members. Clients should make an independent judgement as to whether trading is appropriate for them in the light of their financial condition, investment experience, risk tolerance and other factors. Link to comment Share on other sites More sharing options...
Resolve Posted November 21 Author Share Posted November 21 Nvidia (NVDA) Stock Drops Following Earnings Report On 13 November, we analysed Nvidia’s (NVDA) price chart and noted: → The continuation of a long-term upward channel (highlighted in blue). → A consolidation below the psychological $150 level, forming a narrowing triangle along the Quater Line, which divides the lower half of the channel. On 20 November, Nvidia released its Q3 earnings report, which exceeded analysts’ expectations: → Earnings per share (EPS): $0.81 (expected: $0.74). → Revenue: $35.08 billion (expected: $33.17 billion). → Revenue growth: +94% year-on-year, +17% quarter-on-quarter. Key Insights (via Reuters): → Optimism centres on Nvidia’s new Blackwell processors. → Concerns arise over a reduced revenue forecast due to supply chain constraints in chip production. Despite strong results, Nvidia’s stock price dipped slightly following the report. Pre-market data suggests today’s trading could start around $142.50. What’s Next? TO VIEW THE FULL ANALYSIS, VISIT FXOPEN BLOG Disclaimer: This article represents the opinion of the Companies operating under the FXOpen brand only (excluding FXOpen EU). It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice. Link to comment Share on other sites More sharing options...
Resolve Posted November 21 Author Share Posted November 21 Analysis of XAU/USD: Gold Price Rises by 5% in a Week As shown in the XAU/USD chart, last Thursday, the price of gold dropped below $2,540. Today, however, the precious metal has surged above $2,660 per ounce. The more than 5% weekly increase was driven by a new wave of international tensions, particularly the escalation surrounding the approval for Ukraine to use Western long-range weapons for strikes deep into Russian territory. Technical analysis of the XAU/USD chart highlights that last week’s upward reversal once again demonstrates how effectively parallel channel lines can work. During the summer, the median line of the ascending channel (marked in blue) acted as support. However, following its bearish breakout on 11 November, the lower boundary of the channel, reinforced by the $2,535 level (which served as resistance in August and September), provided support for the price. TO VIEW THE FULL ANALYSIS, VISIT FXOPEN BLOG Disclaimer: This article represents the opinion of the Companies operating under the FXOpen brand only (excluding FXOpen EU). It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice. Link to comment Share on other sites More sharing options...
Resolve Posted November 22 Author Share Posted November 22 Strategies for Trading Exotic Currency Pairs Exotic currency pairs offer unique opportunities in forex trading, combining major currencies with those from emerging or smaller economies. While they may be less frequently traded than major or minor pairs, their higher volatility can lead to significant price swings. This article delves into exotic currency pairs and trading strategies for speculating on these volatile price movements. Understanding Exotic Currency Pairs In the forex market, pairs are categorised into three types: major, minor, and exotic currency pairs. Exotic forex pairs typically involve one major currency paired with the currency of aУn emerging or a strong but smaller economy. They are less frequently traded compared to major or minor pairs, leading to higher volatility and potentially larger price swings. An exotic currency example is the pairing of the US Dollar (USD) with the Turkish Lira (TRY). These pairs often exhibit unique market dynamics. For instance, political events, economic developments, or changes in commodity prices can significantly influence exotic pairs due to their local market sensitivities. This aspect can lead to both opportunities and risks for traders. VIEW FULL ARTICLE VISIT - FXOpen Blog... Disclaimer: This article represents the opinion of the Companies operating under the FXOpen brand only (excluding FXOpen EU). It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice. RISK WARNING: Trading on the Forex market involves substantial risks, including complete possible loss of funds and other losses and is not suitable for all members. Clients should make an independent judgement as to whether trading is appropriate for them in the light of their financial condition, investment experience, risk tolerance and other factors. Link to comment Share on other sites More sharing options...
Resolve Posted November 22 Author Share Posted November 22 Dollar Resumes Gains Amid Weak Rivals and Fresh Economic Data After a brief correction, the US dollar is back on an upward trajectory. The GBP/USD pair has fallen to 1.2600, USD/CAD has bounced from 1.3940 and is heading towards 1.4000, while EUR/USD is approaching 2023 lows. USD/CAD At the start of the trading week, dollar buyers managed to push USD/CAD up to 1.4100. However, the pair failed to consolidate above this level and lost over 150 points in subsequent sessions. Nonetheless, the 1.3940–1.3900 range, which had served as resistance for two years, acted as support. The bounce from 1.3940 allowed buyers to form a reversal pattern, potentially paving the way for another attempt at 1.4100. A decline below 1.3900, however, could lead to a full-fledged downward correction towards the 1.3870–1.3800 range. Key events influencing USD/CAD pricing today: 16:30 (GMT +3): Canadian core retail sales for October. 17:45 (GMT +3): US services PMI for November. 21:00 (GMT +3): Baker Hughes rig count data. TO VIEW THE FULL ANALYSIS, VISIT FXOPEN BLOG Disclaimer: This article represents the opinion of the Companies operating under the FXOpen brand only (excluding FXOpen EU). It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice. Link to comment Share on other sites More sharing options...
Resolve Posted November 22 Author Share Posted November 22 Alphabet Inc. (GOOGL) Shares Drop Over 4.5% in a Single Day As the chart shows, during yesterday’s trading session, the stock price of Alphabet Inc. (GOOGL), the parent company of Google, declined by more than 4.5%. The drop was driven by regulatory pressure on the company concerning its Chrome browser, which may face a forced sale or breakup. The US Department of Justice believes Google should end its monopoly on online search. A court case is scheduled for April next year, but the sharp decline in GOOGL’s share price reflects growing investor caution. The technical chart for Alphabet Inc. shares reveals further reasons for concern due to several bearish indicators: → The price reversed downward (indicated by an arrow) from the median line of the long-term channel (shown in blue). TO VIEW THE FULL ANALYSIS, VISIT FXOPEN BLOG Disclaimer: This article represents the opinion of the Companies operating under the FXOpen brand only (excluding FXOpen EU). It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice. Link to comment Share on other sites More sharing options...
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