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Amazon stock analysis

 

 

Amazon started the upward movement above the support level 3330.00, after it managed to rise above the previous support level 3105.00. Thus, ending the lower movement by breaching the mentioned levels

We notice on the chart that the price is moving above the 20- 50 moving averages, so …

Trading idea for NIKE Inc. (NYSE)

#NKE

The level of 50% of the expected wave (A H4) remains unbroken. The descending pattern of the H2 level is truncated. Awesome Oscillator shows a bullish divergence. Probably the downward pattern of the H2 level is a wave (B) of the upward pattern of the H4 level.

Trading idea: …

EURUSD technical analysis

The pair overcame yesterday's target of 1.2040 and continues to grow amid the weaker US dollar and broad demand in the markets for risky assets.

Technical side:

The price is located at the level of the upper Bollinger band, above SMA 5 and SMA 14. RSI is entering the …

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