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[Antony_NPBFX]

USD/CHF: US dollar corrects after four-day rise 30.11.2022

Good afternoon, dear forum visitors!

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

Current trend

The US dollar shows a slight decrease against the Swiss franc, retreating from its local highs from November 22. The USD/CHF pair is testing 0.9520 for a breakdown, waiting for new drivers to appear on the market. In particular, updated statistics on the dynamics of Gross Domestic Product (GDP) for the third quarter will be released today in the US. Toward the end of the trading session, a speech by the Chair of the US Federal Reserve, Jerome Powell, is expected, as well as the publication of the Beige Book, an economic review from the regulator. In addition, a report from Automatic Data Processing (ADP) on employment in the private sector in November will be presented on Wednesday: current forecasts suggest a slowdown in dynamics from 239.0 thousand to 200.0 thousand.

In turn, November data on the index of Leading Indicators from the Swiss Economic Institute (KOF) will be published in Switzerland today. Analysts expect to see a moderate increase in the index from 90.9 points to 91.3 points. Also during the day the index of Economic Expectations from the Center for European Economic Research (ZEW) will be published. Current forecasts suggest a noticeable increase in the indicator from -53.1 points to -41.9 points. Tomorrow, November data on the dynamics of consumer inflation, which is expected to remain at 0.1% MoM and 3.0% YoY, will be published in Switzerland.

Meanwhile, the head of the Swiss Federal Commission for Electricity Supply, Werner Luginbühl, said that the risks of a shortage of energy resources are still relevant and called on the Swiss to save them more actively, despite the warm weather in November. The country's partners, Germany and France, will launch nuclear power plants this winter to avoid a negative scenario with interruptions in the supply of heating.

Support and resistance

In the D1 chart, Bollinger Bands are reversing horizontally. The price range is narrowing, reflecting the emergence of ambiguous dynamics of trading in the short/middle term. 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: 0.9550, 0.9600, 0.9650, 0.9700.
Support levels: 0.9478, 0.9400, 0.9350, 0.9300.

Trading tips

Long positions can be opened after a breakout of 0.9550 with the target of 0.9650. Stop-loss — 0.9478. Implementation time: 2-3 days.

A rebound from 0.9550 as from resistance, followed by a breakdown of 0.9478 may become a signal for opening of new short positions with the target at 0.9350. Stop-loss — 0.9550.

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 USD/CHF and trade efficiently with NPBFX.

 

[Antony_NPBFX]

Netflix Inc.: technical analysis 02.12.2022

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.

Shares of Netflix Inc., an American entertainment company and movie and TV series streaming service, are on a corrective trend at 316.00.

On the daily chart, the price continues its confident upward trend within the global corridor with dynamic boundaries 238.00–330.00, approaching the resistance line as close as possible.

The four-hour chart shows that the probability of an upward movement after the breakout of the key level of the initial correction of 23.6% Fibonacci around 289.00 has increased significantly. The next target for quotes may be the basic correction of 38.2% Fibonacci around 366.00, and to reach it, the trading instrument needs to consolidate above the channel resistance line around 330.00.

Technical indicators reinforce the buy signal: the range of fluctuations of the EMA on the Alligator indicator expands in the direction of growth, and the histogram of the AO oscillator forms upward bars, rising in the buying zone.

Trading tips

Long positions may be opened after the price rises and consolidates above 330.00 with the target at 366.00. Stop loss — 320.00. Implementation period: 7 days or more.

Short positions may be opened after a reversal, reduction, and consolidation of the price below 289.00 with the target at 247.00. Stop loss — 300.00.

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 Netflix Inc. and trade efficiently with NPBFX.

 

[Antony_NPBFX]

Meta Platforms Inc.: technical analysis 05.12.2022

Good afternoon, dear forum visitors!

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

Shares of Meta Platforms Inc., the American multinational holding company that owns the technology conglomerate and the largest social network Facebook, are moving in a corrective trend at 123.00.

On the daily chart, a global downtrend forms, within which the price moves in a downward corridor with the boundaries of 80.00–133.00, approaching the resistance line.

On the four-hour time interval, it is clear that there are prospects for the growth of quotations, as evidenced by the active working out of the price gap by the trading instrument, which began from 122.00. In case of a reversal and a downward movement, the nearest support is the local minimum of the last week, around 109.00.

Technical indicators confirm the likelihood of an upward correction, almost giving a buy signal: fast EMAs on the Alligator indicator are ready to cross the signal line upwards, and the AO oscillator histogram entered into the buy zone, forming the first upward bar there.

Trading tips

Long positions may be opened after the price rises and consolidates above 133.00 with the target at 155.00. Stop loss – 125.00. Implementation period: 7 days or more.

Short positions may be opened after a reversal, reduction, and consolidation of the price below 109.00 with the target at 88.00. Stop loss — 115.00.

Use more opportunities of the NPBFX analytical portal: glossary

Beginning traders certainly face a lot of specialized concepts and lexicon on FOREX, which are often not fully been understood. Swap, tick, hedge, margin calls are often unfamiliar to beginning traders. But the lack of knowledge of these fundamentals make a competent market vision impossible. So glossary on the NPBFX analytical portal could be an excellent helper in this case, which contains all the main definitions with explanations in a compact and accessible form. All concepts are arranged in alphabetical order, so that you can easily and quickly find and explore a new concept for yourself.

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.

 

[Marijana.Ugresic]

Why do EA accounts have lower leverage?

 

[Antony_NPBFX]

Johnson & Johnson: technical analysis 07.12.2022

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.

Shares of Johnson & Johnson, one of the world's leading retail holdings, are correcting at 176.00.

On the daily chart, the price has left the wide downward channel with dynamic boundaries 174.00–150.00, consolidation above the resistance line at 174.00.

On the four-hour chart, the ascending wave looks like an independent corridor with boundaries of 180.00–168.00, within which the trading instrument is preparing for a corrective decline. The consolidation above the local high at 179.00 will mean continued global growth with the target at 183.00.

Technical indicators hold a buy signal but allow for a correction: the EMA fluctuation range on the Alligator indicator is gradually narrowing, and the AO histogram is forming downward bars.

Trading tips

Short positions may be opened after the price drops and consolidates below 174.00 with the target at 168.00. Stop loss – 177.00. Implementation period: 7 days or more.

Long positions may be opened after the price rises and consolidates above 179.00 with the target at 183.00. Stop loss – 177.00.

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.

 

[Antony_NPBFX]

AUD/USD: the RBA decision supports the quotes 09.12.2022

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 Australian dollar shows moderate growth, recovering from a strong decline at the beginning of the week, when the AUD/USD pair retreated from its local highs from September 13. The instrument is testing the level of 0.6800 for a breakout, taking advantage of the strengthening of corrective sentiments in the US currency.

This week, the Reserve Bank of Australia (RBA) raised interest rates by 25 basis points to a 10-year high of 3.1%. This was already the eighth adjustment since May, and in total the indicator has already added 300 basis points. The Governor of the regulator, Philip Lowe, said that officials will continue to have a "hawkish" monetary policy to combat record inflation, but will base their decisions on macroeconomic data, as well as an assessment of the outlook for inflation and the labor market. The January Consumer Price Index report is likely to show an increase to 8.0% in the fourth quarter, but in 2024, according to preliminary estimates, the figure may drop to 3.0%, while Gross Domestic Product (GDP) in 2023-2024 is expected at the level of 1.5%.

However, a more confident growth of the Australian dollar is hampered by ambiguous macroeconomic statistics from Australia and China. Australian data released yesterday showed exports down 1.0% in October after rising 7.0% a month earlier, while Imports also fell 1.0% after rising 0.4% in September. As a result, the Trade Surplus corrected from 12.444 million Australian dollars to 12.217 million Australian dollars. In turn, today's data from China disappointed investors with a 0.2% fall in the Consumer Price Index in November after rising by 0.1% in the previous month, and in annual terms, inflation slowed down from 2.1% to 1.6%, which turned out to be better than analysts' expectations of a reduction to 1.0%.

Support and resistance

Bollinger Bands in D1 chart show moderate growth. The price range is actively narrowing, pointing at ambiguous nature of trading this week. MACD indicator is growing, forming a new buy signal (located above the signal line). Stochastic shows a similar trend, bouncing off the "20" level in the middle of the week.

Current showings of the indicators do not contradict the development of the "bullish" trend in the near future.

Resistance levels: 0.6800, 0.6850, 0.6900, 0.6950.
Support levels: 0.6750, 0.6700, 0.6650, 0.6583.

Trading tips

Long positions can be opened after a breakout of 0.6800 with the target of 0.6900. Stop-loss — 0.6750. Implementation time: 1-2 days.

A rebound from 0.6800 as from resistance, followed by a breakdown of 0.6750 may become a signal for opening of new short positions with the target at 0.6650. Stop-loss — 0.6800.

Use more opportunities of the NPBFX analytical portal: glossary

Beginning traders certainly face a lot of specialized concepts and lexicon on FOREX, which are often not fully been understood. Swap, tick, hedge, margin calls are often unfamiliar to beginning traders. But the lack of knowledge of these fundamentals make a competent market vision impossible. So glossary on the NPBFX analytical portal could be an excellent helper in this case, which contains all the main definitions with explanations in a compact and accessible form. All concepts are arranged in alphabetical order, so that you can easily and quickly find and explore a new concept for yourself.

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.

 

[Antony_NPBFX]

Why do EA accounts have lower leverage?

Good afternoon. Could you please clarify what you mean under this question?

 

[Antony_NPBFX]

ExxonMobil Corp.: technical analysis 12.12.2022

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., an American oil company, are falling within a local corrective trend, trading at 103.00.

On the daily chart, the formation of a global uptrend continues, and the price is currently correcting, falling towards the resistance line of the global triangle pattern, coinciding with the 61.8% Fibonacci full retracement level of around 95.50.

In the four-hour timeframe, the quotes have almost reached the 38.2% Fibonacci base correction level at 102.70, and consolidation below it will mean the start of a full-fledged decline.

Technical indicators reversed and gave a sell signal: fast EMAs on the Alligator indicator crossed the signal line downwards, and the AO oscillator histogram is forming downward bars in the sell zone.

Trading tips

Short positions may be opened after the price drops and consolidates below 102.70 with the target at 95.50. Stop loss — 105.00. Implementation period: 7 days or more.

Long positions may be opened after a reversal, growth, and consolidation of the price above 107.20 with the target at 114.40. Stop loss – 104.00.

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.

 

[Antony_NPBFX]

General Electric Co.: technical analysis 14.12.2022

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.

Shares of General Electric Co., an American multi-industry corporation, are moving within a global upward correction at 82.00.

On the daily chart, the price is within an ascending channel with dynamic boundaries 89.00–65.00 and reverses after reaching the resistance line at 88.00.

On a four-hour timeframe after reaching the resistance line, the quotes formed a Head and shoulders reversal pattern with the Neckline at 84.00, which has already begun to work out, and the downside potential is currently higher.

Technical indicators are ready to reverse and receive a sell signal: fast EMAs on the Alligator indicator have crossed each other and are approaching the signal line, while the AO oscillator histogram is forming downward bars, almost reaching the transition level.

Trading tips

Short positions may be opened after the price drops and consolidates below 81.00 with the target at 75.00. Stop loss — 84.00. Implementation period: 7 days or more.

Long positions may be opened after the price rises and consolidates above 84.10 with the target at 88.00. Stop loss — 81.00.

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 General Electric Co. and trade efficiently with NPBFX.

 

[Antony_NPBFX]

Netflix Inc.: technical analysis 16.12.2022

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.

Shares of Netflix Inc., an American entertainment company and movie and series streaming service, are correcting at 290.00.

On the daily chart, the price is growing within the global corridor with dynamic boundaries of 253.00–330.00, moving away from the resistance line and returning to the middle of the range.

On the four-hour chart, the price returned to the initial Fibonacci 23.6% retracement at 290.00, and upward potential eased, allowing a decline to the November 7 low at 253.00.

Technical indicators keep a global buy signal: the range of fluctuations of the EMA on the Alligator indicator is quite wide, and the histogram of the AO oscillator forms corrective bars in the buying zone.

Trading tips

Long positions may be opened after a reversal, growth, and price consolidation above 326.50 with the target at 367.00. Stop loss — 320.00. Implementation period: 7 days or more.

Short positions may be opened after the price drops and consolidates below 290.00 with the target at 253.00. Stop loss – 300.00.

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 Netflix Inc. and trade efficiently with NPBFX.