Tag - technical analysis

USD/JPY keeps rallying
USD/JPY keeps rallying

USD/JPY has been rising for almost a week except for Monday, but the strong resistance of the 50-day moving average at 105.80 may stop it from moving higher.

TESLA: lithium phase
TESLA: lithium phase

EV batteries need lithium. Tesla needs lithium. Now, it's going to have that as much as required.

GBP: the hangover
GBP: the hangover

So the pound went all-in bullish yesterday on Brexit hopes. While these hopes still have to manifest, the GBP will have to defend its positions now.

GBP: strike of hope
GBP: strike of hope

Boosted by positive vibes from the Brexit talks, the GBP goes all-out against the USD and the EUR. We'll see for how long.

Two reasons to buy Amazon
Two reasons to buy Amazon

Amazon has made two important announces: its famous annual sale Prime Day and the new cloud streaming service Luna. 

US Job Claims Keep Markets Skeptical
US Job Claims Keep Markets Skeptical

The number of Americans applying for initial unemployment benefits came in at a larger-than-forecast 870,000 last week, signaling that the recovery in the labor market is losing momentum as the coronavirus pandemic lingers and layoffs continue apace.

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