PLUS1
Azeez Mustapha
Gold (XAUUSD) Is in an Impressive Bullish Run, Pauses above $1,890
08 Jun 2021 @ 01:31
Key Resistance Levels: $1,900, $1,950, $2000 Key Support Levels: $1,750, $1, 700,$1,650 Gold (XAUUSD) Long-term Trend: Bullish XAUUSD is in an uptrend. Gold has risen tremendously from its previous low of $1,680 to $1,890. The market reached the high of $1,925 and was repelled. Gold retraced to the support of the 21-day SMA. The uptrend will […]
XAGUSD Pair Buyers Look for Bullish Continuation
08 Jun 2021 @ 01:19
XAGUSD Price Analysis – June 7 After failing to profit from the weaker DXY on Friday, the XAGUSD saw some buying near the $27.00 mark. As buyers hunt for upside continuation, the pair is correcting but could be headed for a new high. As buying interest ramped up at the $27.22 level, silver is currently pushing up […]
EURUSD Indecisive Market Lacks Follow-Through Buying
06 Jun 2021 @ 18:41
EURUSD Price Analysis – June 6 The EURUSD is stuck between February’s high of 1.2243 and a long-term restricting horizontal barrier line, which if broken would open the way to the top of a larger uptrend that began in March 2020. The EURUSD indecisive market lacks follow-through buying beyond 1.2245 barriers. Overall, the safe-haven USD gains were […]
USD/JPY Breaks Resistance at Level 109.80, Targets Level 111.78
06 Jun 2021 @ 18:21
Key Resistance Levels: 111.000, 112.000, 113.000 Key Support Levels: 104.000, 103.000, 102.000 USD/JPY Price Long-term Trend: Bullish Today, the Yen has broken the previous price level to reach the high of $110.78. On May 3 uptrend, a retraced candle body tested the 50% Fibonacci retracement level. The retracement indicates that the pair will rise to level 2.0 Fibonacci […]
Annual forecast for Exxon Mobil (2021)
30 May 2021 @ 01:03
Exxon Mobil stock (NYSE:XOM) might resume its bullish trend after the current equilibrium movement in the market. Price went strongly upwards from December 2020, to March 2021, and then began to move sideways (equilibrium movement). That is supposed to end soon. The market is now below the EMA 21, but it would soon go above […]
Annual forecast for Zoom Videos Communications (2021)
30 May 2021 @ 00:51
Zoom Video Communications stock (NASDAQ:ZM) is essentially a bearish market. This market has been a disappointment to investors, and they may lose more money because of the weakness in the market, which will hold out long enough this year. Since December 2020, until date (May 2021), the general movement in the market has been bearish. […]
Annual forecast for Amazon (2021)
30 May 2021 @ 00:45
Amazon shares (NASDAQ:AMZN) are a bullish market in the near term. The market is also rising upwards after a serious bearish run that started early this month. 4 EMAs are used for this analysis and they are EMAs 10, 20, 50, and 200. The color that stands for each EMA is shown at the top […]
Annual forecast for Microsoft (2021)
30 May 2021 @ 00:38
Microsoft Corporation stock (NASDAQ:MSFT) has resumed its uptrend, following the recent bearish movement that got rejected around the support level at 240.00. Price is expected to go further upwards. The RSI period 14 is now above the level 50, and will rise until it reaches the overbought region around the level 70 (and the market […]
Ripple vs. SEC: SEC Requests for the Deposition of Five Witnesses
27 May 2021 @ 20:20
In the ongoing SEC vs. Ripple (XRP) case, the Commission is now requesting that Judge Sarah Netburn depose five more witnesses, including former Ripple CFO Ron Will and former Xpring senior vice president Ethan Beard. The Securities and Exchange Commission asserts that its increase in deposition requests spurs from the new development of evidence and “the sheer scale […]
Is Dogecoin (DOGE) a good long-term investment?
27 May 2021 @ 20:10
You can still make money on Dogecoin in 2021! As this article is being written, DOGE has gained close to 80,000% since its creation, despite the recent large pullback in the market. Price is bound to recover from here as the market moves higher. You can make money from Dogecoin this year. Many investors have […]
