Have you wondered why USDJPY major Forex cross-pair is rallying so strongly? It’s pretty simple. A super strong monthly demand imbalance took control last March 2020, and it’s been rallying ever since. A very similar Forex trading scenario can be seen on EUR USD Forex’s major cross-pair discussed in our blog in previous months. USDJPY...
Macy’s, Inc. is a retail organization that operates stores, Websites, and mobile applications. The company sells a range of merchandise, including apparel and accessories for men, women, and children; cosmetics; home furnishings; and other consumer goods. Macy’s has broken all-time lows and reached the lowest low in history a month ago. The stock is cheap,...
Raytheon Technologies Corporation is an aerospace and defence company that provides advanced systems and services for commercial, military, and government customers worldwide. It operates in four businesses: Collins Aerospace Systems, Pratt & Whitney, Raytheon Intelligence & Space, and Raytheon Missiles & Defense. COVID-19’s long-term impact on air travel remains unpredictable, complicating the investment cases on many...
The coronavirus covid-19 storm has shattered United Airlines since it all began a few months ago, at the beginning of March 2020. Should I buy United Airlines stock? #AAL sold off very strongly, which can be an unsustainable move. There were supply and demand reasons for the stock to drop. The coronavirus and lack of...
McDonald’s Corporation operates and franchises McDonald’s restaurants in the United States and internationally. Its restaurants offer various food products, beverages, and a breakfast menu. Expecting the elimination of the weak tested weekly supply imbalance. McDonald stock price forecast McDonald’s (NYSE: MCD) weekly timeframe price action and supply and demand analysis tell us a few things....
USDCAD forex major cross pair hasn’t moved much for a few weeks since a very strong daily imbalance was reached last 27th March 2020. The demand imbalance around 1.3925 has been holding several attacks providing short-term intraday and scalping opportunities for those trading the smaller timeframes using intraday levels and intraday forex strategies. USDCAD scenario...
Johnson & Johnson (NYSE: JNJ) is a stock in the pharmaceutical industry that researches and develops, manufactures, and sells various products in the healthcare field worldwide. JNJ stock is dropping Johnson & Johnson has been a set-it-and-forget-it stock in our grandparents’ era, and it’s still making the moves required to be one of the best...
Alibaba Group Holding Limited, through its subsidiaries, provides online and mobile commerce businesses in the People’s Republic of China and internationally. It operates in four segments: Core Commerce, Cloud Computing, Digital Media and Entertainment. Alibaba stock scenario Chinese e-commerce Alibaba may not qualify as an archetypal blue-chip stock, but at half a trillion dollars and...
Is Berkshire Hathaway (NYSE: BRKB), the ultimate Warren Buffett stock, a buy now during the coronavirus crisis? It looks like it is; price action is telling us a lot about this stock. Berkshire Hathaway Inc., through its subsidiaries, engages in insurance, freight rail transportation, and utility businesses. It provides property, casualty, life, accident, and health...
Netflix, Inc. is still the number one subscription streaming entertainment service in the world. It keeps getting better and better in a world locked down under the effects of the coronavirus pandemic. Netflix (NASDAQ: NFLX) has broken an all-time high after weeks of having the stock at around $400 per share and is unable to...