Russian Market Opens with Upward Gap and Maintains High despite Oil Drawdown: Market Analysis and Stock Updates

Russian Market Opens with Upward Gap and Maintains High despite Oil Drawdown: Market Analysis and Stock Updates

Main • The Russian market opened with an upward gap and maintained upward dynamics throughout most of the session due to the currency factor. The Moscow Exchange index closed at a new monthly high in good plus, despite the oil drawdown. Trading volume increased noticeably. • The ruble recovered after a negative start, but failed … Read more

Sberbank Shares: Analysis, Outlook, and Potential for Growth in 2023

Sberbank Shares: Analysis, Outlook, and Potential for Growth in 2023

Sberbank shares have been growing 0.9% since the opening of the session and are trading around 265.4 rubles. Short term picture • Sberbank shares on Friday formed the basis for updating the monthly maximum and today, from the opening of trading, they will implement this scenario. • The next nearest resistance is the horizontal level … Read more

Sberbank Shares: Short Term Outlook, External Background, and Long Term Picture

Sberbank Shares: Short Term Outlook, External Background, and Long Term Picture

Sberbank shares have been growing 0.9% since the opening of the session and are trading around 265.4 rubles. Short term picture • Sberbank shares on Friday formed the basis for updating the monthly maximum and today, from the opening of trading, they will implement this scenario. • The next nearest resistance is the horizontal level … Read more

Fire Brigade Clears Road Before Fatal Accident Investigation Could Be Concluded by Swedish Road Administration

Fire Brigade Clears Road Before Fatal Accident Investigation Could Be Concluded by Swedish Road Administration

The Swedish Road Administration was unable to conclude on the impact point after the fatal accident on the Lundeslettene before Christmas. The reason was that the fire brigade cleared the road before they could carry out investigations. FATAL ACCIDENT: The fire service cleared the way for wreckage on Lundeslettene before the Norwegian Road Administration could … Read more

USD/CAD Technical Analysis: Potential Upside at 1.3705

USD/CAD Technical Analysis: Potential Upside at 1.3705

Share: Near term, USD/CAD is biased to the downside, and the ongoing bullish correction could be capped around 1.3568/75. USD/CAD Price Analysis: USD/CAD has further upside potential at 1.3705, December 16 cycle high. After falling towards 1.3400, the USD/CAD it is staging a three-day comeback, although it is still trading above a trend line of … Read more

Bulls Push Against Crucial Resistance Line Around 19.00 in USD/MXN Price Analysis

Bulls Push Against Crucial Resistance Line Around 19.00 in USD/MXN Price Analysis

Share: USD/MXN moves higher to extend the previous day’s rebound from the 50-day SMA. The 11-week-old downtrend line challenges buyers of the pair. The 100-day SMA and the double top around 19.20 also challenge the move higher. Technical oscillators support bulls despite multiple hurdles testing the move higher. USD/MXN is trading near the 19.00 level … Read more

Is there fuel for a Bitcoin rally in 2023?

Is there fuel for a Bitcoin rally in 2023?

The beginning of 2023 pleases with the steady growth of bitcoin. Tired of the exhausting bear market, users are probably wondering if what is happening does not mean a radical change in trend. Armed with technical analysis tools, on-chain indicators and expert opinions, ForkLog figured out the current situation. Bitcoin at the beginning of the … Read more

Predictions and comments. A good start: will it be possible to maintain the momentum?

Predictions and comments.  A good start: will it be possible to maintain the momentum?

The same thing The first trading day of the year passed on a positive note, creating an upbeat mood for the whole week. But you shouldn’t delude yourself: short-term factors largely influenced, while medium-term risks have not disappeared anywhere. Optimism can persist for some time, but it cannot yet be called stable. Moreover, the external … Read more