The ECB has no intention to raise rates in Q2 while the Fed is weighing up multiple 50 basis point hikes and Lagarde requests dissenting members to delay criticisms. Daily price is located on the primary bearish area of the chart: the price is on secondary ranging within 1.0757/1.0936 support/resistance leverals waiting for the direction of the bear market rally to be started in case of 1.0936 resistance is crossed to above or the bearish ...
Slowing economic growth in the UK and bets that the Bank of England will not be as aggressive as the Fed during its tightening cycle are likely to weigh on GBP/USD in the near term. The intra-day and the daily price is on bearish breakdown by crossing symmetric triangle pattern to below for the primary bearish trend to be continuing. more...
The company posted full-year 2021 revenues of $7.8 billion, which rose a solid 22% year-over-year (y-o-y), and full-year adjusted earnings of $4.51 per share, up 45% y-o-y. Daily chart is located inside Ichimoku cloud for the secondary ranging within the primary bullish market condition. If the price breaks 54.67 resistance level to above so the primary bullish trend will be continuing with 58.17 possible target. If the price breaks 51.21 ...
Revenues expected to be in line with the consensus estimates Trefis estimates Coca-Cola (NYSE: KO)’s Q1 2022 revenues to be around $9.9 billion, aligning with the consensus estimate. The daily price is on strong primary bullish by testing resistance level at 67.00 for the bullish trend to be continuing. Alternatively, the price may be bounced from 67.00 and 65.57 levels to below for the ranging up to the secondary correction if 63.64 support ...
Daily Tesla stock is located above Ichimoku cloud in the bullish area of the chart with the secondary ranging within 1,092 and 973 support/resistance levels. If the price breaks 1,092 resistance to above so the primary bullish trend will be continuing with 1,152 level as the next target to re-enter. If the price breaks 973 support level to below so the possible bearish reversal will be started with the secondary ranging way. more...