PLUS1
Technical Analysis
Annual Forecast for S&P 500 (2022)
Jan 22 2022 @ 06:05
S&P 500 price (SPI:SP500) has already given a bearish signal, as a result of the formation in the chart. The bearishness in this month of January is considerable enough and it may end the bullishness that was experienced most of last year. Price is currently below the lower Trendline and it has closed below it. […]
Annual Forecast for Alphabet Inc. (2022)
Jan 22 2022 @ 05:55
Alphabet Inc. market (NASDAQ:GOOG) has been experiencing a bearish correction since December 2021, until now. It is expected that the downward trend will continue, especially in case the condition mentioned below is fulfilled. 4 EMAs are used for this analysis and they are EMAs 10, 20, 50, and 200. The color that stands for each […]
USoil Reaches an Overbought Region, May Face Rejection at $85.39
Jan 17 2022 @ 03:41
Key Resistance Levels: $80.00, $84.00, $88.00 Key Support Levels: $66.00,$62.200,$58.00 USOIL (WTI) Long-term Trend: Bullish USOIL has been in an uptrend but it may face rejection at $85.39. The index is retesting the previous high of $85.39. In previous price action in October and November, the bulls failed to break above the overhead resistance. Meanwhile, on December […]
Gold Fluctuates Below $1,830 Overhead Resistance, May Slump to $1,800 Low
Jan 17 2022 @ 02:51
Key Resistance Levels: $1,900, $1,950, $2000 Key Support Levels: $1,750, $1, 700,$1,650 Gold (XAUUSD) Long-term Trend: Bullish Gold (XAUUSD) is in a sideways move but may slump to $1,800 low. Gold is retracing as it faces rejection at the high of $1,830. However, if price breaks the resistance level, the market will rise and retest the previous […]
Usoil Reaches an Overbought Region, May Face Rejection at $85.39
Jan 17 2022 @ 02:29
Key Resistance Levels: $80.00, $84.00, $88.00 Key Support Levels: $66.00,$62.200,$58.00 USOIL (WTI) Long-term Trend: Bullish USOIL has been in an uptrend but it may face rejection at $85.39. The index is retesting the previous high of $85.39. In previous price action in October and November, the bulls failed to break above the overhead resistance. Meanwhile, on December […]
Annual Forecast for Gulf Keystone (2022)
Jan 15 2022 @ 08:54
Gulf Keystone shares (LSE:GKP) are currently going upwards, following the bearish movement that happened in November and December 2021. There is a new bullish signal in the market. Price is now above the EMA 21, and the William’s % Range period 20 is sloping upwards, and it is currently in the overbought region. This is […]
Annual Forecast for Meta Platforms (2022)
Jan 15 2022 @ 08:38
Meta Platforms stock (NASDAQ:FB) is a choppy market. Recent price action shows trendlessness, but it may go out of balance soon, resulting in a prolonged directional movement. The ADX period 14 is below the level 20, which means there is less momentum in the market right now. The DM- is below the DM+, which means […]
Annual Forecast for EURJPY (2022)
Jan 15 2022 @ 08:21
EURJPY Annual Forecast – Price Is Set to Scale New Heights With a Bullish Flag Formation The annual forecast for EURJPY is for it to scale new heights, having conformed to a bullish flag formation. The bullish flag formation, an offshoot of the triangle pattern, began towards the tail end of 2020 as bulls began […]
Annual Forecast for GBPJPY (2022)
Jan 15 2022 @ 08:10
GBPJPY Annual Forecast – Bulls Have the Bias in a Ranging Market The annual forecast for GBPJPY points to a bias in the bulls’ favor. The market has been in a ranging pattern as bulls and bears tussle for preeminence. Despite the bears’ being more aggressive, bulls are favored to gain preeminence. This is chiefly […]
Litecoin (LTC) Fluctuates Between $144 and $155 as Buyers Recoup to Resume Uptrend
Jan 08 2022 @ 07:24
Key Highlights LTC price resumes downward correction Litecoin fluctuates between $144 and $155 Litecoin (LTC) Current Statistics The current price: $148.18 Market Capitalization: $12,451,441,024 Trading Volume: $12,451,441,024 Major supply zones: $200, $220, $240 Major demand zones: $100, $80, $60 Litecoin (LTC) Price Analysis January 5, 2022 Litecoin’s (LTC) price is still in a downward...
