As expected and mentioned in previous USDJPY forex analyses and forecasts, the American Dollar is reacting strongly to a strong monthly demand imbalance, and it’s rallying much higher. This is a technical and price action analysis similar to EURUSD forex technical analysis. A similar strong imbalance gained control a few months ago, and it’s been...
As expected and mentioned in the previous GBPUS forecast, the British Pound has reacted strongly to the weekly demand imbalance and it’s rallying much higher. Read the previous GBPUSD forecast for a more detailed supply and demand technical analysis. GBPUSD weekly uptrend. Bullish Forecast The weekly supply level is under attack on British Pound versus...
As expected and mentioned in the previous EURUSD forecast, the EURO has broken the monthly highs, and it’s rallying much higher. Read the previous EURUSD forecast for a more detailed supply and demand technical analysis. EURUSD weekly uptrend. Bullish Forecast Monthly highs have been broken. EURUSD has a clear weekly uptrend after breaking all resistance,...
Advanced Micro Devices, Inc. operates as a semiconductor company worldwide. The company operates in two segments, Computing and Graphics. At Set and Forget trading community, we’ve followed AMD stock very closely in the last months. A few members purchased AMD stock long-term shares, and the trades have been playing out nicely. As supply and demand...
The British Pound / Japanese Yen chart has been bullish for a few weeks after a new weekly demand imbalance located around 132.50. Several British pound cross pairs have started to rally, behaving similarly to the GBPJPY cross pair. GBPUSD is not an exception. Add to this that the Japanese Yen is getting weaker across...
FedEx Corporation stock analysis. Federal Express provides transportation, e-commerce, and business services worldwide. Its FedEx Express segment offers shipping services to deliver packages and freight. As supply and demand stock traders, we are expecting the elimination of the strong weekly supply level located around $158. Will that happen anytime soon? Probably. There are new strong...
Berkshire Hathaway Inc., through its subsidiaries, engages in insurance, freight rail transportation, and utility businesses. It provides property, casualty, life, accident, and health insurance and reinsurance; and operates railroad systems in North America. As explained in a previous forecast for Berkshire Hathaway, we expected the stock to rally strongly from $176 per share, so it...
eBay stock buy opportunity. We do not need to consider eBay’s earnings reports or its fundamental analysis to make a stock trading decision based on our supply and demand stock strategy. Do you want to read about fundamental analysis for eBay? No problem. EBay Inc. was initially up 2% in after-hours trading Tuesday before dropping to...
PNC Financial Services Group, Inc. is an American bank holding company and financial services corporation based in Pittsburgh, Pennsylvania. Its banking subsidiary, PNC Bank, operates in 21 states and the District of Columbia with 2,459 branches and 9,051 ATMs. As explained in Set and Forget’s trading community updates, we expect a strong rally from $104...
IBM stock bullish outlook 2020. International Business Machines Corporation (NYSE: IBM) is a well-known American multinational technology company headquartered in Armonk, New York, with operations in over 170 countries. As explained in the IBM video analysis forecast at the bottom of this analysis, price action technical analysis can tell us many things. Price action is...