Technical Analysis from IFC Markets

IFC Markets

Master Trader
Oct 31, 2012
1,938
9
84
London (Great Britain)
www.ifcmarkets.com

Visa Technical Analysis - Visa Trading: 2022-01-14​


Visa Technical Analysis Summary​

Sell Stop։ Below 206.5​

Stop Loss։ Above 226.7​

Neutral
Indicator Signal
RSI Neutral
MACD Sell
Donchian Channel Neutral
MA(200) Sell
Fractals
Parabolic SAR Sell

Visa Chart Analysis​



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Visa Technical Analysis​

The technical analysis of the Visa stock price chart on daily timeframe shows #S-V, Daily failed to breached above the 200-day moving average MA(200) which is level. We believe the bearish momentum will continue after the price breaches below the lower boundary of Donchian channel at 206.5. This level can be used as an entry point for placing a pending order to sell. The stop loss can be placed above the upper boundary of Donchian channel at 226.7. After placing the order, the stop loss is to be moved every day to the next fractal high, following Parabolic indicator signals. Thus, we are changing the expected profit/loss ratio to the breakeven point. If the price meets the stop loss level (226.7) without reaching the order (206.5), we recommend cancelling the order: the market has undergone internal changes which were not taken into account.

Fundamental Analysis of Stocks - Visa​

Visa stock edged down after British lawmakers said they plan to investigate Visa and Mastercard fee increases. Will the Visa stock price continue rebounding?

Visa Inc is a global financial services company which facilitates digital payments among consumers, merchants, financial institutions and government entities with market capitalization at $468.91 billion. The stock is trading at P/E ratio (Trailing Twelve Months) of 38.3 currently, Visa earned $24.11B revenue (ttm) and has a Return on Equity (ttm) of 33.36%. On October 26 Visa beat Q4 estimates sales of $6.6 billion, a 29% increase from the year-ago quarter. Visa and Mastercard, with China's UnionPay, operate the world's biggest electronic payment networks. Visa expects to move $17 trillion in consumer spending and $15 trillion-$20 trillion of business spending to cards and digital formats while much of that spending is still done in cash currently, and checks. In June 2021 Visa announced it is partnering with Facebook on WhatsApp payments in Brazil. However, there are hurdles the company needs to overcome. Visa has complained to the US government that India's "informal and formal" promotion of domestic payments rival RuPay gives it an unfair advantage vis-a-vis the US card giant in a key market. And on November 17 online retail giant Amazon said it would stop accepting UK-issued Visa credit cards starting on January 19, 2022 citing excessive transaction fees. Yesterday British parliamentary committee announced it plans to scrutinize increases in the fees Visa and Mastercard charge businesses after the country's payments regulator found no evidence to justify the rises. Visa stock slipped 0.33% after the news.
 

IFC Markets

Master Trader
Oct 31, 2012
1,938
9
84
London (Great Britain)
www.ifcmarkets.com

USD/CNH Technical Analysis - USD/CNH Trading: 2022-01-17​


USD/CNH Technical Analysis Summary​

Sell Stop: Below 6.3476​

Stop Loss: Above 6.3645​

Indicator Signal
RSI Neutral
MACD Buy
Donchian Channel Neutral
MA(200) Sell
Fractals Sell
Parabolic SAR Sell


USD/CNH Chart Analysis​



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USD/CNH Technical Analysis​

The technical analysis of the USDCNH price chart on 1-hour timeframe shows USDCNH: H1 is retracing down after breaching above resistance, the 200-period moving average MA(200) is declining. We believe the bearish movement will continue after the price breaches below the lower bound of the Donchian channel at 6.3476. A level below this can be used as an entry point for placing a pending order to sell. The stop loss can be placed above 6.3645. After placing the order, the stop loss is to be moved to the next fractal high, following Parabolic signals. Thus, we are changing the expected profit/loss ratio to the breakeven point. If the price meets the stop loss level without reaching the order, we recommend cancelling the order: the market has undergone internal changes which were not taken into account.

Fundamental Analysis of Forex - USD/CNH​

China’s industrial production rose in December. Will the USDCNH price retreating persist?

China’s industrial production rose in December: the National Bureau of Statistics of China reported industrial output growth accelerated to 4.3% over year in December from 3.8% in October when a decrease to 3.7% was expected. This is bearish for USDCNH.
 

IFC Markets

Master Trader
Oct 31, 2012
1,938
9
84
London (Great Britain)
www.ifcmarkets.com

GBP/USD Technical Analysis - GBP/USD Trading: 2022-01-18​

GBP/USD Technical Analysis Summary​

Sell Stop: Below 1.3609​

Stop Loss: bove 1.3651​

Indicator Signal
RSI Neutral
MACD Sell
Donchian Channel Sell
MA(200) Sell
Fractals Sell
Parabolic SAR Sell


GBP/USD Chart Analysis​



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GBP/USD Technical Analysis​

The technical analysis of the GBPUSD price chart on 1-hour timeframe shows GBPUSD: H1 has breached below the 200-period moving average MA(200) which is rising still. We believe the bearish movement will continue after the price breaches below the lower bound of the Donchian channel at 1.3609. A level below this can be used as an entry point for placing a pending order to sell. The stop loss can be placed above 1.3651. After placing the order, the stop loss is to be moved to the next fractal high indicator, following Parabolic signals. Thus, we are changing the expected profit/loss ratio to the breakeven point. If the price meets the stop loss level without reaching the order, we recommend cancelling the order: the market has undergone internal changes which were not taken into account.

Fundamental Analysis of Forex - GBP/USD​

UK’s unemployment rate declined in November. Will the GBPUSD price retreat reverse?

UK’s unemployment rate declined in November: the Office for National Statistics reported UK unemployment rate ticked down to 4.1% in November from 4.2% in October, when a no change was expected. This is bullish for GBPUSD. However, the current setup is bearish for the pair.
 

IFC Markets

Master Trader
Oct 31, 2012
1,938
9
84
London (Great Britain)
www.ifcmarkets.com

Netflix Inc. Technical Analysis - Netflix Inc. Trading: 2022-01-21​


Netflix Inc. Technical Analysis Summary​



Sell Stop: Below 506.71​

Stop Loss: Above 565.41​

RSI Buy
MACD Sell
Donchian Channel Sell
MA(200) Sell
Fractals Sell
arabolic SAR Sell


Netflix Inc. Chart Analysis​



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Netflix Inc. Technical Analysis​

The technical analysis of the Netflix stock price chart on daily timeframe shows #S-NFLX, Daily has breached below the 200-day moving average MA(200) which has leveled off. We believe the bearish momentum will continue after the price breaches below the lower boundary of Donchian channel at 506.71. This level can be used as an entry point for placing a pending order to sell. The stop loss can be placed above the upper boundary of Donchian channel at 565.40. After placing the order, the stop loss is to be moved every day to the next fractal high, following Parabolic indicator signals. Thus, we are changing the expected profit/loss ratio to the breakeven point. If the price meets the stop loss level (565.40) without reaching the order (506.71), we recommend cancelling the order: the market has undergone internal changes which were not taken into account.

Fundamental Analysis of Stocks - Netflix Inc.​

Netflix stock edged down after better than expected Q4 results. Will the Netflix stock price rebound?

Netflix is an American subscription streaming service and production company which has approximately 204 million paid members in 190 countries with market capitalization at $270.94 billion. Main Netflix competitor include AT&T -owned WarnerMedia’s HBO Max launched in May 2020, Comcast-owned NBCUniversal which started two months later, Discovery‘s Discovery+ service which debuted in January 2021, ViacomCBS‘s Paramount+ launched in March last year. Other streaming services competitors include Amazon Prime Video, Apple's Apple TV+, Walt Disney's Disney+, Hulu and more. The Netflix stock is trading at P/E ratio (Trailing Twelve Months) of 55.15 currently, the company earned $28.63 billion revenue (ttm) and Return on Equity (ttm) of 39.39%. Netflix and other home entertainment services gained from Covid-19 stay-at-home restrictions. Third-quarter earnings included better-than-expected new subscriber growth—the company added 4.4 million net new subscribers, above its own forecast of 3.5 million. For the December quarter, the company was projecting 8.5 million net new subscriber additions, with revenue increasing 16% to $7.7 billion. And last week Netflix raised subscription prices in the US and Canada: a standard subscription, which includes HD-quality video and the ability to stream on two devices at the same time, is now $15.49 a month in US, up from $13.99. Basic service is now $9.99 a month, up from $8.99. Expectations of rising subscription and higher prices are bullish for Netflix stock price. Yesterday Netflix reported fourth quarter results that beat analysts' forecasts. However company reported 8.28 million net new subscribers, below its forecast of 8.5 million, and forecast new subscriber of 2.5 million for the first quarter of 2022, down from 4.0 million in the year ago quarter. And the chart analysis shows the current setup is bearish.
 

IFC Markets

Master Trader
Oct 31, 2012
1,938
9
84
London (Great Britain)
www.ifcmarkets.com

GBP/USD Technical Analysis - GBP/USD Trading: 2022-01-24​


GBP/USD Technical Analysis Summary​



Sell Stop: Below 1.3523​

Stop Loss: Above 1.3564​

Indicator Signal
RSI Buy
MACD Sell
Donchian Channel Sell
MA(200) Sell
Fractals Sell
Parabolic SAR Sell

GBP/USD Chart Analysis​



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GBP/USD Technical Analysis​

The GBPUSD technical analysis of the price chart on 1-hour timeframe shows GBPUSD: H1 is falling under the 200-period moving average MA(200) which is tilted downward itself. We believe the bearish movement will continue after the price breaches below the lower bound of the Donchian channel at 1.3523. A level below this can be used as an entry point for placing a pending order to sell. The stop loss can be placed above 1.3564. After placing the order, the stop loss is to be moved to the next fractal high indicator, following Parabolic signals. Thus, we are changing the expected profit/loss ratio to the breakeven point. If the price meets the stop loss level without reaching the order, we recommend cancelling the order: the market has undergone internal changes which were not taken into account.

Fundamental Analysis of Forex - GBP/USD​

UK manufacturing PMI flash reading was worse than expected for January. Will the GBPUSD price retreat continue?

UK manufacturing PMI flash reading was worse than expected for January: Markit reported UK manufacturing PMI flash reading came in at 56.9 for January after 57.9 for December, when a reading of 57.7 was expected. This is bearish for GBPUSD.
 

IFC Markets

Master Trader
Oct 31, 2012
1,938
9
84
London (Great Britain)
www.ifcmarkets.com

EUR/USD Technical Analysis - EUR/USD Trading: 2022-01-31​


EUR/USD Technical Analysis Summary​

Buy Stop: Above 115.85​

Stop Loss: Below 115.33​

Indicator Signal
RSI Neutral
MACD Buy
Donchian Channel Neutral
MA(200) Buy
Fractals Buy
Parabolic SAR Buy


EUR/USD Chart Analysis​



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EUR/USD Technical Analysis​

The technical analysis of the USDJPY price chart on 1-hour timeframe shows USDJPY: H1 is retracing up above the 200-period moving average MA(200) which is rising still. We believe the bullish movement will continue after the price breaches above the upper bound of the Donchian channel at 115.85. A level above this can be used as an entry point for placing a pending order to buy. The stop loss can be placed belowe 115.33. After placing the order, the stop loss is to be moved to the next fractal low indicator, following Parabolic signals. Thus, we are changing the expected profit/loss ratio to the breakeven point. If the price meets the stop loss level without reaching the order, we recommend cancelling the order: the market has undergone internal changes which were not taken into account.

Fundamental Analysis of Forex - EUR/USD​

Japan’s industrial output fell faster than expected in December. Will the USDJPY price climbing continue?

Japan’s industrial output fell faster than expected in December: the Ministry of Economy, Trade and Industry (METI) reported Japan’s industrial output fell 1% over month in December after 7% increase in November, when a 0.5% decline was expected. This is bullish for USDJPY.
 

IFC Markets

Master Trader
Oct 31, 2012
1,938
9
84
London (Great Britain)
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EUR/CHF Technical Analysis - EUR/CHF Trading: 2022-02-01​

EUR/CHF Technical Analysis Summary​

Buy Stop։ Above 1,045​

Stop Loss: Below 1,029​


IndicatorSignal
RSI Buy
MACDSell
MA(200)Neutral
FractalsNeutral
Parabolic SARBuy
Bollinger BandsFractals

EUR/CHF Chart Analysis​



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EUR/CHF Technical Analysis​

On the daily timeframe, EURCHF: D1 approached the downtrend resistance line. It must be broken up before opening a position. A number of technical analysis indicators formed signals for further growth. We do not rule out a bullish movement if EURCHF: D1 rises above its most recent high of 1.045. This level can be used as an entry point. Initial risk cap possible below the latest down fractal, low since May 2015, Parabolic signal and lower Bollinger band: 1.029. After opening a pending order, we move the stop following the Bollinger and Parabolic signals to the next fractal low. Thus, we change the potential profit/loss ratio in our favor. The most cautious traders, after making a trade, can switch to a four-hour chart and set a stop loss, moving it in the direction of movement. If the price overcomes the stop level (1.029) without activating the order (1.045), it is recommended to delete the order: there are internal changes in the market that were not taken into account.

Fundamental Analysis of Forex - EUR/CHF​

Getting ready for the European Central Bank (ECB) meeting. Will the EURCHF quotes continue to rise?

The upward movement means the euro strengthens against the Swiss franc. The ECB meeting will take place on February 3, 2022. Investors do not rule out that the European regulator will make some assumptions about the future tightening of its monetary policy against the backdrop of record inflation. This may be positive for the single currency. In December, European
 

IFC Markets

Master Trader
Oct 31, 2012
1,938
9
84
London (Great Britain)
www.ifcmarkets.com

ThyssenKrupp Technical Analysis - ThyssenKrupp Trading: 2022-02-11​


ThyssenKrupp Technical Analysis Summary​



Buy Stop: Above 9.46​

Stop Loss: Below 8.73​





Indicator Signal
RSI Neutral
MACD Buy
Donchian Channel Buy
MA(200) Sell
Fractals Neutral
Parabolic SAR Buy


ThyssenKrupp Chart Analysis​



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ThyssenKrupp Technical Analysis​

The technical analysis of the Thyssenkrupp stock price chart on daily timeframe shows #D-TKA, Daily is testing the 200-day moving average MA(200) and the support line. We believe the bullish momentum will continue after the price breaches above the upper boundary of Donchian channel at 9.46. This level can be used as an entry point for placing a pending order to buy. The stop loss can be placed below 8.73. After placing the order, the stop loss is to be moved every day to the next fractal low, following Parabolic indicator signals. Thus, we are changing the expected profit/loss ratio to the breakeven point. If the price meets the stop loss level (8.73) without reaching the order (9.46), we recommend cancelling the order: the market has undergone internal changes which were not taken into account.

Fundamental Analysis of Stocks - ThyssenKrupp​

Thyssenkrupp stock price closed virtually flat after positive quarterly report. Will the Thyssenkrupp stock price continue advancing?

Thyssenkrupp AG is a German industrial conglomerate which builds automotive equipment and marine systems, manufactures industrial components and systems. Its market capitalization is €5.3 billion. The stock is trading at forward P/E ratio of 8.9 currently and the revenue for the trailing twelve months was €34.0 billion, while the Return on Equity (ttm) was -0.18%. Thyssenkrupp reported yesterday that operating profit rose nearly fivefold in the October-December period, its first quarter, with earnings of its two biggest divisions - steel and materials trading - buoyed by significantly higher steel prices. Higher profits are bullish for stock price. At the same time Thyssenkrupp's automotive technology unit suffers from ongoing shortage of semiconductors, causing operating profit to fall by two thirds in the period. Stock price closed down on the day. Ongoing bottlenecks in the supply chain are a downside risk for the Thyssenkrupp stock price.
 

IFC Markets

Master Trader
Oct 31, 2012
1,938
9
84
London (Great Britain)
www.ifcmarkets.com

EUR/USD Technical Analysis - EUR/USD Trading: 2022v-02-15​


EUR/USD Technical Analysis Summary​



Buy Stop։ Above 1.1349​

Stop Loss։ Below 1.1308​

Indicator Signal
RSI Neutral
MACD Buy
Donchian Channel Buy
MA(200) Sell
Fractals Buy
Parabolic SAR Buy


EUR/USD Chart Analysis​



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EUR/USD Technical Analysis​

The technical analysis of the EURUSD price chart on 1-hour timeframe shows EURUSD: H1 is retracing up toward the 200-period moving average MA(200) after hitting two-week low yesterday. We believe the bullish momentum will continue after the price breaches above the upper bound of the Donchian channel at 1.1349. A level above this can be used as an entry point for placing a pending order to buy. The stop loss can be placed below 1.1308. After placing the order, the stop loss is to be moved to the next fractal low, following Parabolic signals. Thus, we are changing the expected profit/loss ratio to the breakeven point. If the price meets the stop loss level without reaching the order, we recommend cancelling the order: the market has undergone internal changes which were not taken into account.

Fundamental Analysis of Forex - EUR/USD​

German ZEW economic sentiment improved in February. Will the EURUSD price continue rebounding?

German ZEW economic sentiment improved in February. The ZEW survey results showed German ZEW economic sentiment index climbed to 54.3 for February from 51.7 for January. This is bullish for EURUSD.
 

IFC Markets

Master Trader
Oct 31, 2012
1,938
9
84
London (Great Britain)
www.ifcmarkets.com

CFD on Bitcoin futures Technical Analysis - CFD on Bitcoin futures Trading: 2022-02-16​



CFD on Bitcoin futures Technical Analysis Summary​



Buy Stop։ Above 3300​

Stop Loss: Below 2150

Indicator Signal
RSI Buy
MACD Buy
MA(200) Neutral
Fractals Neutral
Parabolic SAR Buy
Bollinger Bands Neutral


CFD on Bitcoin futures Chart Analysis​



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CFD on Bitcoin futures Technical Analysis​

On the daily timeframe, ETHUSD: D1 has overcome the downtrend resistance line. A number of technical analysis indicators formed signals for further growth. We do not rule out a bullish movement if ETHUSD rises above the latest up fractal: 3300. This level can be used as an entry point. The initial risk limit is possible below the low since July 2021, the last 3 lower fractals and the Parabolic signal: 2150. After opening a pending order, we move the stop following the Bollinger and Parabolic signals to the next fractal low. Thus, we change the potential profit/loss ratio in our favor. The most cautious traders after making a trade can switch to a four-hour chart and set a stop loss, moving it in the direction of movement. If the price overcomes the stop level (2150) without activating the order (3300), it is recommended to delete the order: there are internal changes in the market that were not taken into account.

Fundamental Analysis of CRIPTO - CFD on Bitcoin futures​

Berkshire Hathaway has increased investment in a bank that works with cryptocurrencies. Will the ETHUSD quotes continue to rise?

American investment company Berkshire Hathaway, owned by well-known billionaire Warren Buffett, has acquired $1 billion worth of Brazilian Nubank shares. It is the world's largest online bank that also deals with cryptocurrencies using its Easynvest trading platform. Crypto market participants hope that, following Berkshire Hathaway, other conservative investors may become interested in cryptocurrency assets. Recall that earlier Warren Buffett was skeptical about bitcoin and described it as "rat poison squared" (rat poison squared). However, the credibility of cryptocurrencies is growing. In particular, the Mastercard payment system has entered into an agreement with Coinbase to facilitate nonfungible token (NFT) transactions. The quotes of cryptocurrencies and Ethereum may be affected by the draft law on the regulation of mining and the crypto market in Russia. It will be presented by the Russian Central Bank and the Ministry of Finance to the Russian government on February 18.
 

IFC Markets

Master Trader
Oct 31, 2012
1,938
9
84
London (Great Britain)
www.ifcmarkets.com

EUR/USD Technical Analysis - EUR/USD Trading: 2022-02-17​


Nvidia Technical Analysis - Nvidia Trading: 2022-02-17​



Nvidia Technical Analysis Summary​

Buy Stop։ Above 268.98​

Stop Loss: Below 236.21​

Indicator Signal
RSI Neutral
MACDBuy
Donchian Channel Neutral
MA(200) Sell
Fractals Buy
Parabolic SAR Buy


Nvidia Chart Analysis​



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Nvidia Technical Analysis​

The technical analysis of the Nvidia stock price chart on daily timeframe shows #S-NVDA, Daily has breached above the resistance line after testing the 200-day moving average MA(200) which is tilted up. We believe the bullish momentum will resume after the price breaches above the upper boundary of Donchian channel at 268.98. This level can be used as an entry point for placing a pending order to buy. The stop loss can be placed below the lower boundary of Donchian channel at 236.21. After placing the order, the stop loss is to be moved every day to the next fractal low, following Parabolic indicator signals. Thus, we are changing the expected profit/loss ratio to the breakeven point. If the price meets the stop loss level (236.21) without reaching the order (268.98), we recommend cancelling the order: the market has undergone internal changes which were not taken into account.

Fundamental Analysis of Stocks - Nvidia

Nvidia stock price retreated in after-hour trading yesterday despite the chip maker forecast next quarter revenue above analysts' estimates. Will the Nvidia stock price rebound persist?

Nvidia reported yesterday fourth quarter revenue of $7.64 billion, a record, versus forecasts of $7.42 billion. Its earnings rose to about $3 billion in the fourth quarter from $2.46 billion a year earlier. Data center revenue grew 71% to a record $3.26 billion in the fourth quarter that ended January 30. Gaming revenue rose 37% from a year ago to a record $3.42 billion. As to next quarter guidance, Nvidia expects first quarter revenue of about $8.1 billion, compared with analysts' estimates of $7.29 billion, according to IBES data from Refinitiv. These improved data are clearly bullish for Nvidia stock price. However, the gross margin remained unchanged from the previous quarter at 67.0%. And shares lost 2.8% in after-hours trading as investors deemed Nvidia's exposure to the volatile crypto market a downside risk: sales of crypto-mining cards account for a significant part of Nvidia’s gaming sales. Nvidia stock’s P/E ratio (Trailing Twelve Months) has decreased from 92.51 in the beginning of January to 74.78 currently, making it less costly for purchase. Indicators are generating more buy signals compared to few neutral signals. The MACD (moving average convergence divergence) index has generated a buy signal. While the MACD-Histogram is in negative territory the upward sloping trajectory is pointing to higher prices. The RSI index gives a neutral signal: it is flat near the centerline 50 value. Bill Williams Fractals indicator gives a buy signal: it confirms an upward trend is in progress. The Parabolic SAR indicator gives a neutral signal: dots are below the price after moving from above the price to below the price. And the stock price has breached above the resistance line as it is rebounding after testing the 200-day moving average MA(200).
 

IFC Markets

Master Trader
Oct 31, 2012
1,938
9
84
London (Great Britain)
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GBP/NZD Technical Analysis - GBP/NZD Trading: 2022-02-22​



GBP/NZD Technical Analysis Summary​



Sell Stop։ Below 2,017​

Stop Loss: Above 2,054​

Indicator Signal
RSI Sell
MACD Sell
MA(200) Neutral
Fractals Neutral
Parabolic SAR Sell
Bollinger Bands Neutral


GBP/NZD Chart Analysis​



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GBP/NZD Technical Analysis​

On the daily timeframe, GBPNZD: D1 has broken down the uptrend support line and is forming a triangle. A number of technical analysis indicators formed signals for further decline. We do not rule out a bearish movement if GBPNZD: D1 drops below the latest down fractal: 2.017. This level can be used as an entry point. Initial risk cap possible above the last 2 up fractals, high since May 2020 and Parabolic signal: 2.054. After opening a pending order, we move the stop following the Bollinger and Parabolic signals to the next fractal high. Thus, we change the potential profit/loss ratio in our favor. The most cautious traders after making a trade can switch to a four-hour chart and set a stop loss, moving it in the direction of movement. If the price overcomes the stop level (2.054) without activating the order (2.017), it is recommended to delete the order: there are internal changes in the market that were not taken into account.

Fundamental Analysis of Forex - GBP/NZD​

Preparing for the Reserve Bank of New Zealand (RBNZ) meeting. Will the decline in GBPNZD quotes continue?

Downward movement means the strengthening of the New Zealand dollar against the British pound. The next RBNZ meeting will take place on February 23rd. If he confirms his policy of tightening monetary policy, then this may have a positive impact on the New Zealand dollar. The current RBNZ rate is 0.75% with inflation of 5.9% y/y in Q4 2021. The Bank of England (BoE) rate is 0.5% with 5.5% inflation in January 2022. Both central banks have raised their rates twice since the end of the coronavirus epidemic. A negative factor for the British pound may be political tensions in Eastern Europe. Note that on February 23, BoE head Andrew Bailey and other representatives of the British Central Bank will also make speeches.
 

IFC Markets

Master Trader
Oct 31, 2012
1,938
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84
London (Great Britain)
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Corn Technical Analysis - Corn Trading: 2022-02-23​



Corn Technical Analysis Summary​



Buy Stop։ Above 666​

Stop Loss: Below 599​

Indicator Signal
RSI Neutral
MACD Neutral
MA(200) Neutral
Fractals Buy
Parabolic SAR Buy
Bollinger Bands Neutral


Corn Chart Analysis​



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Corn Technical Analysis​

On the daily timeframe, CORN: D1 went up from the parallel channel. A number of technical analysis indicators formed signals for further growth. We do not rule out a bullish movement if CORN: D1 rises above the last high and upper Bollinger band: 666. This level can be used as an entry point. The initial risk limit is possible below the Parabolic signal, the lower Bollinger line and the last 2 lower fractals: 599. After opening a pending order, we move the stop following the Bollinger and Parabolic signals to the next fractal low. Thus, we change the potential profit / loss ratio in our favor. The most cautious traders after making a trade can switch to a four-hour chart and set a stop loss, moving it in the direction of movement. If the price overcomes the stop level (599) without activating the order (666), it is recommended to delete the order: there are internal changes in the market that were not taken into account.

Fundamental Analysis of Commodities - Corn

Investors fear that anti-Russian sanctions may cause an increase in the price of oil and grain on the world market. Will the growth of CORN quotes continue?

New anti-Russian economic sanctions of Western countries may be introduced due to events in eastern Ukraine. The share of Russia in the world export of corn is relatively small - about 4%. But the share of Ukraine is much larger and reaches 13-14%. Political risks of lower corn exports from both countries contribute to higher quotations. In addition, a rise in oil prices against the background of possible anti-Russian sanctions may increase the demand for biofuel (ethanol). Russia ranks second in the world in terms of oil exports. Saudi Arabia is in 1st place, and Iraq is in 3rd place. According to the U.S. Energy Information Administration (EIA), USA produces about 1.1 million barrels of biofuels per day (Fuel Ethanol & Biodiesel). About 30% of the US corn crop is used for this.
 

IFC Markets

Master Trader
Oct 31, 2012
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84
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Deutsche Telekom AG Technical Analysis - Deutsche Telekom AG Trading: 2022-02-25​


Deutsche Telekom AG Technical Analysis Summary​



Buy Stop: Above 15.94​

Stop Loss: Below 15.14​

Indicator Signal
Stochastic Buy
Fractals Neutral

Deutsche Telekom AG Chart Analysis​

c1de14ad31d2f865c5657355ef1956101d32eccb.png




Deutsche Telekom AG Technical Analysis​

The technical analysis of the Deutsche Telekom stock price chart on daily timeframe shows #D-DTE, Daily is testing the support line. We believe the bullish momentum will resume after the price breaches above the support at 15.94. This level can be used as an entry point for placing a pending order to buy. The stop loss can be placed below 15.14. After placing the order, the stop loss is to be moved every day to the next fractal low indicator. Thus, we are changing the expected profit/loss ratio to the breakeven point. If the price meets the stop loss level (15.14) without reaching the order (15.94), we recommend cancelling the order: the market has undergone internal changes which were not taken into account.

Fundamental Analysis of Stocks - Deutsche Telekom AG​

Deutsche Telekom stock declined while the company reported better than expected results. Will the Deutsche Telekom stock price continue retreating?

Deutsche Telekom AG is a German telecommunication services company. Its market capitalization is €77.7 billion. The stock is trading at P/E ratio (Trailing Twelve Months) of 13.81 currently. Deutsche Telekom earned €110.35 billion revenue (ttm) and Return on Equity (ttm) of 10.59% with Return on Assets (ttm) at 3.57%. Yesterday the company reported quarterly results that beat expectations. Fourth quarter revenue increased by 4.7% to 28.9 billion euros, just above consensus estimates of 28.76 billion euros. Adjusted earnings before interest, tax, depreciation and amortisation after leases were reported at 9 billion euros ($10.1 billion), also above consensus estimates of 8.83 billion euros. Deutsche Telekom reported 53.2 million customers in Germany and 45.8 million in rest of Europe. Higher revenue and earnings are bullish for stock price. However, the stock closed 5.4% lower on Thursday, which can be attributed largely to sentiment hit that Russian invasion of Ukraine caused.
 

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COFFEE Technical Analysis - COFFEE Trading: 2022-03-01​


COFFEE Technical Analysis Summary​

Sell Stop։ Below 230​

Stop Loss: Above 260​



RSI Sell
MACD Sell
MA(200) Neutral
Fractals Neutral
Parabolic SAR Sell
On Balance Volume Neutral

COFFEE Chart Analysis​



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COFFEE Technical Analysis​

On the daily timeframe, COFFEE: D1 has broken down the uptrend support line. A number of technical analysis indicators formed signals for further decline. We do not rule out a bearish movement if COFFEE: D1 drops below the last 3 lower fractals and the lower Bollinger band: 230. This level can be used as an entry point. The initial risk limit may be higher than the high since September 2011, the last 3 upper fractals and the Parabolic signal: 260. After opening a pending order, we move the stop following the Bollinger and Parabolic signals to the next fractal high. Thus, we change the potential profit/loss ratio in our favor. The most cautious traders after making a trade can switch to a four-hour chart and set a stop loss, moving it in the direction of movement. If the price overcomes the stop level (260) without activating the order (230), it is recommended to delete the order: there are internal changes in the market that were not taken into account.

Fundamental Analysis of Commodities - COFFEE​

Coffee and cocoa are getting cheaper amid the aggravation of the political situation in Ukraine. Will the COFFEE quotes continue to decline?

Market participants fear a reduction in attendance at cafes and restaurants due to sanctions. They can cause a deterioration in the economic situation in Europe, as well as in neighboring countries. In turn, this can negatively affect the global demand for coffee. Recall that according to the forecast of the United States Department of Agriculture (USDA), in the agricultural season 2021/2022, it should have increased by 1.5 million bags (60 kg) compared to the previous season and amounted to 164.9 million bags. Moreover, it was assumed that the main increase in world demand will be provided by the European Union, as well as the United States and Brazil. According to the International Coffee Organization, Europe is the world's largest consumer of coffee. Its share is about a third of world consumption. In 2nd place are the countries of the Asia-Pacific region (Asia & Oceania) and in 3rd place - North America. Note that the shares of the American chain of coffee houses Starbucks have fallen in price by 21% since the beginning of this year. That's more than the 9% drop in the S&P 500 over the same period. An additional negative factor for Arabica coffee could be the strengthening of the Brazilian real against the US dollar. Since May last year, it has amounted to almost 12%.
 

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Lean Hog Technical Analysis - Lean Hog Trading: 2022-03-07​



Lean Hog Technical Analysis Summary​



Sell Stop։ Below 101,5​

Stop Loss: Above 113,5​

Indicator Signal
RSI Sell
MACD Sell
MA(200) Neutral
Fractals Sell
Parabolic SAR Sell
Bollinger Bands Neutral


Lean Hog Chart Analysis​



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Lean Hog Technical Analysis​

On the daily timeframe, LHOG: D1 went down from the Head and Shoulders pattern. A number of technical analysis indicators formed signals for further decline. We do not rule out a bearish movement if LHOG: D1 drops below its most recent low of 101.5. This level can be used as an entry point. Initial risk cap possible above latest up fractal, high since June 2021 and Parabolic signal: 113.5. After opening a pending order, we move the stop following the Bollinger and Parabolic signals to the next fractal high. Thus, we change the potential profit / loss ratio in our favor. The most cautious traders, after making a trade, can switch to a four-hour chart and set a stop loss, moving it in the direction of movement. If the price overcomes the stop level (113.5) without activating the order (101.5), it is recommended to delete the order: there are internal changes in the market that were not taken into account.

Fundamental Analysis of Commodities - Lean Hog​

Pork exports to the US have declined. Will the LHOG quotes downswing continue?

According to the United States Department of Agriculture (USDA), in January-February of this year, American pork exports amounted to 236.3 thousand tons. This is 22% less than in the same period in 2021. Theoretically, this may be a consequence of a decrease in demand for meat in European countries due to the unstable economic and political situation against the backdrop of the crisis in Ukraine. At the same time, according to the USDA, the American pig population as of December 1, 2021 amounted to 74.2 million heads. This is only 4% less than the level on the same date in 2020. It should be noted that the price of cattle meat also fell in the USA. This may also be a consequence of reduced European demand. An additional factor in the possible decline in prices for all commodities is the emerging strengthening of the US dollar.
 

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USD/JPY Technical Analysis - USD/JPY Trading: 2022-03-09​



USD/JPY Technical Analysis Summary

Buy Stop: Above 115.90
Stop Loss: Below 115.68​



Indicator Signal
RSI Neutral
MACD Neutral
Donchian Channel Sell
MA(200) Buy
Fractals Buy
Parabolic SAR Buy


USD/JPY Chart Analysis​



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USD/JPY Technical Analysis​

The USDJPY technical analysis of the price chart on 1-hour timeframe shows USDJPY: H1 is climbing after breaching above the 200-period moving average MA(200) which is rising itself. We believe the bullish movement will continue after the price breaches above the upper bound of the Donchian channel at 115.90. A level above this can be used as an entry point for placing a pending order to buy. The stop loss can be placed below 115.68. After placing the order, the stop loss is to be moved to the next fractal low indicator, following Parabolic signals. Thus, we are changing the expected profit/loss ratio to the breakeven point. If the price meets the stop loss level without reaching the order, we recommend cancelling the order: the market has undergone internal changes which were not taken into account.

Fundamental Analysis of Forex - USD/JPY​

Japan’s machine tool orders growth slowed in February. Will the USDJPY price climbing continue?

Japan’s machine tool orders growth slowed in February: the Japan Machine Tool Builders Association reported machine tool orders rose 31.6% over year in February after 61.4% growth in March. This is bullish for USDJPY.
 

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BP Technical Analysis - BP Trading: 2022-03-11​



BP Technical Analysis Summary​





Buy Stop։ Above 385.35​

Stop Loss: Below 340.52​



Indicator Signal
RSI Buy
MACD Buy
MA(200) Buy
Fractals Sell
Parabolic SAR Sell



BP Chart Analysis​



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BP Technical Analysis​

The technical analysis of the BP stock price chart in daily timeframe shows #L-BP, Daily is retracing down toward the 200-day moving average MA(200) while the RSI indicator has formed a bullish convergence We believe the bullish momentum will continue after the price breaches above the last fractal high at 385.35. This level can be used as an entry point for placing a pending order to buy. The stop loss can be placed below the fractal low at 340.52. After placing the order, the stop loss is to be moved every day to the next fractal low, following Parabolic indicator signals. Thus, we are changing the expected profit/loss ratio to the breakeven point. If the price meets the stop loss level (340.52) without reaching the order (385.35), we recommend cancelling the order: the market has undergone internal changes which were not taken into account.

Fundamental Analysis of Stocks - BP​

BP stock edged down after a report the company had no buyer for its Rosneft stake in Russia. Will the BP stock price continue retreating?

BP plc is a British publicly traded multinational oil and gas company. It is one of the largest oil and gas companies in the world. Company’s market capitalization is at £70.79 billion. BP stock is trading at P/E Ratio (Trailing Twelve Months) of 13.73. The company earned £156.43 billion revenue (ttm) and a Return on Assets (ttm) of 2.37% and a Return on Equity (ttm) of 9.64%. BP announced on February 28 it was immediately exiting the state-owned Rosneft stake in Russia at a cost of up to $25 billion after the start of Russia invasion of Ukraine. On Tuesday BP executives confirmed BP had no buyer for the Rosneft stake. The stock price dipped 2.2% on day after the news. The company is facing a large writedown as it will lose a large revenue stream: BP received a $640 million dividend last year from Rosneft, totaling $4 billion in dividends since 2013. Declining earnings are bearish for a company stock. However, the technical setup is bullish for BP stock price.
 

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USD/CHF Technical Analysis - USD/CHF Trading: 2022-03-14​



USD/CHF Technical Analysis Summary​



Buy Stop։ Above 0,935​

Stop Loss: Below 0,915​

Indicator Signal
RSI Neutral
MACD Buy
MA(200) Neutral
Fractals Buy
Parabolic SAR Buy
Bollinger Bands Buy

USD/CHF Chart Analysis​





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USD/CHF Technical Analysis​

On the daily timeframe, USDCHF: D1 has exceeded the resistance line of the Wedge technical analysis pattern. A number of technical analysis indicators formed signals for further growth. We do not rule out a bullish movement if USDCHF rises above its latest high and upper Bollinger band of 0.935. This level can be used as an entry point. Initial risk cap possible below Parabolic signal, 200-day moving average and latest down fractal: 0.915. After opening a pending order, we move the stop following the Bollinger and Parabolic signals to the next fractal low. Thus, we change the potential profit/loss ratio in our favor. The most cautious traders after making a trade can switch to a four-hour chart and set a stop loss, moving it in the direction of movement. If the price overcomes the stop level (0.915) without activating the order (0.935), it is recommended to delete the order: there are internal changes in the market that were not taken into account.

Fundamental Analysis of Forex - USD/CHF​

The expected rate increase by the Fed may help strengthen the US dollar. Will the USDCHF quotes continue to rise?

According to CME FedWatch, the US Federal Reserve rate is expected to rise from 0.25% to 0.75% at the meeting on March 16. Investors do not rule out that by the end of 2022 the rate may be increased by another 1.5% and by 0.5% in 2023. In turn, Swiss National Bank (SNB) keeps its rate negative at -0.75% for the time being. An additional negative factor for the Swiss franc may be the conflict in Ukraine. This can reduce its attractiveness as a defensive asset. Recall that the next meeting of the SNB will take place on March 24.
 

IFC Markets

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EUR/USD Technical Analysis - EUR/USD Trading: 2022-03-15​



EUR/USD Technical Analysis Summary​

Buy Stop: Above 1.1019​

Stop Loss: Below 1.0966​

Indicator Signal
RSI Neutral
MACD Sell
Donchian Channel Buy
MA(200) Buy
Fractals Buy
Parabolic SAR Buy

EUR/USD Chart Analysis​



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EUR/USD Technical Analysis​

The technical analysis of the EURUSD price chart on 1-hour timeframe shows EURUSD: H1 has breached above the 200-period moving average MA(200) and is retracing up after hitting one-week low yesterday. We believe the bullish momentum will continue after the price breaches above the upper bound of the Donchian channel at 1.1019. A level above this can be used as an entry point for placing a pending order to buy. The stop loss can be placed below 1.0966. After placing the order, the stop loss is to be moved to the next fractal low, following Parabolic signals. Thus, we are changing the expected profit/loss ratio to the breakeven point. If the price meets the stop loss level without reaching the order, we recommend cancelling the order: the market has undergone internal changes which were not taken into account.

Fundamental Analysis of Forex - EUR/USD​

German ZEW economic sentiment deteriorated sharply in March. Will the EURUSD price continue rebounding?

German ZEW economic sentiment deteriorated sharply in March. The ZEW survey results showed German ZEW economic sentiment index dropped to -39.3 for March from 54.3 for February. This is bearish for EURUSD. However, the current technical setup is bullish.