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Eur/usd forecast: bulls hold the grip in a slow start to the week

United States markets will be closed on Monday due to the Juneteenth Holiday. EUR/USD corrected extreme overbo...

June 19, 2023, 1:44 pm

Game over for bulls? unveiling the bearish thesis on espo

I am bearish on ESPO at current levels due to deteriorating fundamentals, high valuations, and a potential market shift favoring bears. The current ma...

June 19, 2023, 11:15 am

Crypto may be ready for a new leg down

Given the overbought equity market, more downside risks could push BTCUSD lower, leaving it within the ...

June 19, 2023, 8:44 am

Insurer aflac swims on in strong rate environment, but remains overbought

Aflac gets Hold rating due to strong capital, revenue diversification, and the macro environment - interest rates in its favor. It appears currently <...

June 19, 2023, 6:26 am

Eur/usd price analysis: bearish spinning top, overbought rsi direct euro sellers toward 1.0900

In a case where the Euro pair drops below 1.0880, the odds of witnessing a slump towards the 50% and 61.8% Fibonacci retracement of its March-April ru...

June 19, 2023, 1:59 am

Pound to dollar exchange rate forecast: “gbp strength intact, next target is 1.290” say uob analysts

At the time of writing, the Pound to Dollar exchange rate is quoted at 1.28214 (markets closed.) Despite current market conditions indicating an ...

June 18, 2023, 8:59 am

Aud/usd price analysis: key resistance line, overbought rsi tease pullback toward 0.6820

AUD/USD bulls attack downward-sloping resistance line from April 2022. overbought RSI, light calendar c...

June 16, 2023, 2:14 am

Eurusd reaches the next target area

The EURUSD has extended to yet another new high end and the process is testing the next target swing area between 1.0933 and 1.0942. I outlined this l...

June 15, 2023, 4:08 pm

Murrey math lines 15.06.2023 (usdjpy, usdcad)

By RoboForex.com USDJPY, “US Dollar vs Japanese Yen” On H4, the quotes are above the 200-day Moving Average, indicating the prevalence of an uptre...

June 15, 2023, 1:46 pm

Gbp/usd slides to 1.2650 as us dollar recovers on july fed rate hike concerns, us data eyed

The overbought RSI (14) triggers GBP/USD retreat towards a one-week-old rising support line, around 1.2...

June 15, 2023, 4:29 am

Aud/usd price analysis: pullback needs validation from 0.6785 support and us retail sales

Technically, an upward-sloping trend line from June 05, near 0.6785 at the latest, restricts immediate AUD/USD downside even as the ...

June 15, 2023, 3:59 am

Market extra: tesla’s stock is the most overbought in nearly 2 years

Tesla’s stock chart suggests bulls may be running out of breath after a record-long win streak, which could spell trouble for the stock in the near ...

June 14, 2023, 7:10 pm

Tesla's stock is the most overbought in nearly 2 years

Tesla Inc.'s stock chart suggests that bulls may be running out of breath after a record-long win streak, which could spell trouble for the stock in t...

June 14, 2023, 3:10 pm

Gbp/usd forecast: pound sterling could encounter next resistance at 1.2670

GBP/USD trades above the upper-limit of the ascending regression channel, pointing to overbought condit...

June 14, 2023, 11:44 am

Nzd/usd price analysis: 200-sma checks kiwi buyers within weekly bullish channel, fed in focus

In addition to the failure to cross the 200-bar Simple Moving Average (SMA), the NZD/USD pair’s pullback also takes clues from the ...

June 14, 2023, 5:29 am

Gbp/usd: larger bulls pause ahead of key economic events

Cable pulled back from new one-month high on Monday, as traders collected profits from rally in past three days. ...

June 12, 2023, 2:46 pm

Elon musk-led tesla stock trades in overbought territory: the bull, bear case - tesla (nasdaq:tsla)

Tesla, Inc TSLA popped over 4% higher Friday on increased bullish momentum but formed a reversal candlestick, which suggests lower prices are on the h...

June 12, 2023, 8:35 am

Tesla: this is the time to get out (rating downgrade)

After a 43% gain since April, I am closing out my position in Tesla, Inc. stock. Recent partnerships with Ford and GM, as well as encouraging data fro...

June 9, 2023, 10:23 am

Gbpjpy at 7-year high; bulls look tired

GBPJPY picked up steam to extend its uptrend towards the 2016 high of 175.00 and further above its exponential moving averages (EMAs) early on Friday....

June 9, 2023, 8:43 am

3 overbought stocks to snap up on correction

A common investing mistake is to snap up stocks that have already witnessed a big rally. There is a fear of missing out that triggers impulsive buying...

June 7, 2023, 11:49 am


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