14th June 2022 Tuesday: Technical Outlook and Review
On the H4, with price expected to bounce off the stochastics indicator, we have a bullish bias that price will rise from our 1st support at 30568 where the horizontal swing low support and 61.8% Fibonacci projection is to our 1st resistance at 32592 in line with the horizontal pullback support.
13th June 2022 Monday: Technical Outlook and Review
On the H4, with moving below our ichimoku cloud, we have a bearish bias that price will drop to our 1st support at 30537 in line with the horizontal swing low support and the 61.8% Fibonacci projection from our 1st resistance at 32589 where the pullback resistance is.
10th June 2022 Friday: Technical Outlook and Review
On the H4, with price breaking the ascending trend line on the RSI, we have a bearish bias that price will drop to our 1st support at 31876 in line with the horizontal pullback support and the 76.8% Fibonacci retracement and 61.8% Fibonacci projection from our 1st resistance at 32625 where the pullback resistance is.
09th June 2022 Thursday: Technical Outlook and Review
On the H4, with RSI moving in an ascending trendline, we have a bullish bias that price will rise from our 1st support at 32685 where the horizontal swing low support and 38.2% fibonacci retracement are to our 1st resistance at 34042 in line with the swing high resistance and 161.8% Fibonacci extension.
Notice regarding client historical data
Dear Traders, As part of the process to improve our server performance, we have updated certain features. As of 10/06/22, the historical data before 2020 will no longer be available on clients' trade accounts.
08th June 2022 Wednesday: Technical Outlook and Review
On the H4, with price moving above the ichimoku cloud, we have a bullish bias that price will rise from our 1st support at 32607 where the horizontal pullback support is to our 1st resistance at 34042 in line with the swing high resistance and 161.8% Fibonacci extension.
07th June 2022 Tuesday: Technical Outlook and Review
On the H4, with price moving above the ichimoku cloud, we have a bullish bias that price will rise from our 1st support at 32607 where the horizontal pullback support is to our 1st resistance at 33436 in line with the swing high resistance and 127.2% Fibonacci extension.
Amazon (AMZN.NAS) Stock Split
Please be informed that Amazon (AMZN.NAS) has scheduled a 20-for-1 stock split for the 6th of June 2022. This means that the common stock of AMZN.NAS will be trading at the split-adjusted price from market open time on the 6th of June onwards.
06th June 2022 Monday: Technical Outlook and Review
On the H4, with price moving above the ichimoku cloud, we have a bullish bias that price will rise from our 1st support at 32607 where the horizontal pullback support is to our 1st resistance at 33436 in line with the swing high resistance and 127.2% Fibonacci extension.
