Brent Oil jumped to $140 a barrel at one point, the highest level for over a decade, while wholesale gas prices for next-day delivery more than doubled. However, if we look at the monthly timeframe Brent analysis below, you will see a strong monthly imbalance has been reached. Will oil prices start to drop with...
Starbucks has already lost 25% since last July 2021. There is room to keep on rallying by 25% and much more. There is a new imbalance created around $110. Starbucks stock price today is trading around $97. Our supply and demand technical analysis tells us that Starbucks stock is ready to break out to lower...
Bayer stock is a life science company trading on the German stock exchanges with the symbol BAYN. The Company’s segments are Pharmaceuticals, Consumer Health, Crop Science and Animal Health. The Pharmaceuticals segment focuses on researching, developing and marketing prescription products and speciality therapeutics, especially in cardiology, oncology, gynaecology, haematology and ophthalmology, radio-pharmacology and others. The...
Dollar Index DXY technical analysis is no longer bearish. A strong demand imbalance on the monthly timeframe has taken control. Selling Dollar Index DXY smaller timeframes is suicidal in this scenario. A new year has started with Dollar Index DXY right at a strong demand imbalance where a decent bullish reaction is expected. Dollar Index...
Hannover Re is a German stock with a gross premium of around €22.6 billion, is a European and third-largest reinsurance group in the world. Its headquarters is in Hannover, Germany. The company was founded in 1966 under the name Aktiengesellschaft für Transport- und Rückversicherung. This stock is a great example of how to trade European...
As explained in a previous Nifty 50 futures supply and demand forecast, we were expecting bullish impulses on both Nifty 50 and Bank Nifty futures. All-time highs and 52-week highs have been eliminated as expected and explained in the prior Nifty 50 analysis, Higher probability Nifty 50 futures trading December 2020 As supply and demand...
As explained in a previous Bank Nifty futures supply and demand forecast, Bank Nifty India managed to break an all-time high last December 2019, but covid-19 fear shuttered the progress the index had made in previous months, creating one of the strongest bearish impulses in many years. Since that strong sell-off at the beginning of...
Nikkei Index futures are moving higher, breaking price levels from September 2018. As expected and mentioned in the previous Nikkei 225 index analysis, a new strong bullish impulse has been created around the 23,572 price level. The strength of that movement has turned that bullish impulse into a strong demand imbalance for the Japanese index....
As discussed in the previous US Dollar Index DXY supply and demand analysis and forecast, the expected bullish correction is happening. . The EURUSD forex cross pair forecast and analysis are very similar. Still, we are expecting a bearish correction instead. As a Forex trader, you should know that EURUSD and Dollar Index DXY are...
As explained in a previous BankNifty futures supply and demand forecast, Bank Nifty India managed to break an all-time high last December 2019 but covid-19 fear shuttered the progress the index had made in previous months creating one of the strongest bearish impulses in many years. Bank Nifty NSE index is moving higher as expected,...