Alcoa stock price analysis. Should I buy shares now? Alcoa is a very important stock in the aluminum industry. Most of the alumina produced in Alcoa is smelter-grade and used to make aluminum metal. The company also has what’s known as non-metallurgical alumina, sold for various industrial applications such as water purification and the creation...
The stock market dropped to its lowest level in 2022. You do not need to be an expert to predict what will happen throughout 2022. Google stock price is not an exception. Google is tanking in what will be the strongest sell-off and bearish correction in history for the tech giant and thousands of stocks...
GBPMXN forex cross pair reached a strong imbalance on the monthly timeframe last May 2022. British Pound vs Mexican Peso 2022 forecast. The imbalance tells us there are a lot of potential buyers that could increase the exchange of the British Pound versus the Mexican peso in the following months. GBPMXN forex cross pair imbalance...
Pfizer stock price today is reacting to a strong, aggressive imbalance on the daily timeframe sitting at around $53 per share. Pfizer Inc. (NYSE: PFE) is an American multinational pharmaceutical and biotechnology corporation responsible for manufacturing the first COVID-19 vaccines in 2020. The long-term Pfizer stock forecast is bullish. However, we are expecting a bearish...
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...