EURNOK Forex cross pair (Euro versus Norwegian Krone) has broken an all-time high again after months. A previous monthly demand imbalance gained control last June 2018, and this cross-pair has been rallying ever since. Norway’s Krone forex pair forecast Why has Norway’s Krone suffered the worst drop in half a century? By doing a supply...
The big story in biotechnology this past week has been the rise and fall of Moderna Biotechnology (mRNA) stock. As explained in a previous Moderna Inc Biotechnology stock longs 2020 post for the weekly timeframe a few days ago, we were expecting Moderna Biotech (MRNA) to retrace to a weekly imbalance of around $20, and...
Brent Crude Oil is trending down. As major economies go into lockdown, oil demand continues to fall off a cliff. A few days ago, the U.S. did very little against coronavirus propagation. In just a few days, there has been a proliferation of school cancellations, mass gathering prohibitions and mandatory telework orders, following suit with...
The whole trading world is talking about the same thing, the US stock market crash in 2020, a worldwide stock market that affects every single world exchange. Has the market crash in 2020 begun because of the coronavirus effect? Have the Oil war and OPEC and Russia’s decisions affected the crash? They have affected the...
Have you been wondering when to buy BitCoin in 2020? If you are trading cryptocurrencies using a cryptocurrency trading strategy, you may have been surprised that your recent sell orders may have been lost. BitCoin’s big retracement as expected Many intraday traders may have woken up this morning to see that the stop loss in...
As major economies go into lockdown, oil demand continues to fall off a cliff. A few days ago, the U.S. did very little against coronavirus propagation. In just a few days, there has been a proliferation of school cancellations, mass gathering prohibitions and mandatory telework orders, following suit with what has been done in other...
It never ceases to amaze me how powerful bigger timeframe imbalances are and how prices can react to them no matter how old these imbalances are. There is a clear example of a strong supply imbalance on the British Pound versus the New Zealand Dollar (GBPNZD) Forex cross-pair. A very strong monthly supply imbalance created...
Pinterest #PINS is a fast-growing company with favourable demographics. The stock has dropped in price while outperforming expectations. Pinterest (PINS) debuted on the public markets less than a year ago for $23.75. Since that time, Pinterest has dropped in price by a great percentage and do not think for a moment that the coronavirus is...
BP p.l.c. engages in the energy business worldwide. It operates through three segments: Upstream, Downstream, and Rosneft. British Petroleum stock forecast: the Upstream segment is involved in the oil and natural gas exploration, field development, and production; midstream transportation, storage, and processing. BP stock analysis British Petroleum is obviously highly correlated with Light Crude Oil...
Conoco Phillips explores for, produces, transports, and markets crude oil, bitumen, natural gas, liquefied natural gas (LNG), and natural gas liquids worldwide. The company primarily engages in conventional and tight oil reservoirs, shale gas, heavy oil, LNG, oil sands, and other production operations. ConocoPhillips stock forecast 2020 Conoco Phillips oil and gas is dropping strongly...