USDCNH Forex cross pair price action analysis
The official currency in China is the renminbi, often abbreviated to RMB, while the term Yuan can be used to describe the base unit of the Chinese currency. When trading onshore, it is referred to as CNY, while offshore trading is known as CNH. USD CNH Chinese Yuan offshore forecast This is a quick supply...
Apple stock maintains lead with smartwatches or without them
Apple Inc. stock has been rallying very strongly for the last couple of months after a strong bearish correcting that started last February 2020, right before the coronavirus COVID-19 thing started to fret the investors. As explained in a previous Apple stock forecast posted previously in my blog, a strong demand imbalance on the monthly...
Abbott Laboratories new strong impulse breaking all time high
Abbott Laboratories stock analysis. The pharmaceutical company discovers, develops, manufactures, and sells healthcare products worldwide. Its Established Pharmaceutical Products segment offers branded generic pharmaceuticals for treating pancreatic exocrine insufficiency, irritable bowel syndrome or biliary spasms. The long-term bias on Abbott Laboratories (NYSE: ABT) American stock is bullish. New bullish impulses and demand levels are being...
Amazon stock soaring again breaking all time high
Amazon.com, Inc. engages in the retail sale of consumer products and subscriptions in North America and internationally. The company operates through three segments: North America, International, and Amazon Web Services (AWS). It sells merchandise and content purchased for resale from third-party sellers through physical and online stores. Amazon AMZN strong rally Amazon (NASDAQ: AMZN) is...
Pfizer stock analysis. New strong demand imbalance
Pfizer Inc. develops, manufactures, and sells healthcare products worldwide. It offers medicines and vaccines in various therapeutic areas, including internal medicine, such as cardiovascular, metabolic and pain, under the Eliquis, Chantix/Champix, and Premarin family brands. PFE chart price analysis Pfizer Inc. (NYSE: PFE) pharmaceutical drug manufacturing company has a tricky price action on the weekly...
eBAY stock analysis. The ecommerce stock is soaring
eBay Inc. stock analysis. The company operates the marketplace and classifieds platforms that connect buyers and sellers worldwide. Its Marketplace platform includes its online marketplace at ebay.com and the eBay suite of mobile apps. The Classifieds platform comprises a collection of brands, such as Mobile.de, Kijiji, Gumtree, Marktplaats, eBay Kleinanzeigen, and others. eBay chart price...
Expecting CADJPY forex pair to rally much higher
Over recent years, CAD/JPY currency cross has become very popular and highly correlated with oil price. Canada is the second-largest owner of oil reserves and has benefited from the rise in oil prices. On the other hand, Japan heavily relies on imported oil. Over 99% of Japan’s crude oil is imported, as it has almost no native...
Coca Cola stock sales slow down, still bullish forecast
The Coca-Cola Company, a beverage company, manufactures, markets, and sells various nonalcoholic beverages worldwide. The company provides sparkling soft drinks; water, enhanced water, and sports drinks; juice, dairy, and plant-based beverages; Coca-Cola (NYSE: KO) is a slow mover, but it’s a stock considered to be very safe because it hardly gives us any surprises. In...
Tesla stock is trying to break out again
Tesla, Inc. designs, develops, manufactures, leases, and sells electric vehicles and energy generation and storage systems in the United States, China, Netherlands, Norway, and internationally. The company operates in two segments, Automotive; and Energy Generation and Storage. Tesla stock forecast As expected and forecasted, Should I buy Tesla Stock in 2020? posted last 25th March...
USDCAD forex pair supply and demand analysis
USD/CAD is the forex ticker that represents the US Dollar – Canadian Dollar currency pair. The USD/CAD rate, as indicated on the live chat, shows traders how many Canadian Dollars are required to buy one US Dollar. We don’t need to pay attention to fundamental analysis, FOMC or even interest rate releases for the USDCAD...
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