Amazon and Apple are struggling to put generative AI technology in their digital assistants — Alexa and Siri, respectively — according to a pair of reports that came out on Friday. Amazon hoped to release its new Alexa during an event in New York on February 26. Now Amazon plans to delay the release of […] © 2024 TechCrunch. All rights reserved. For personal use only.
Clear Impulse spotted with multiple extensions, Price resting well on a Demand Zone, we think that the Instrument is still going upstairs to wind up the 3rd and 5th waves. Until then, we're bullish on this asset.
BTCUSDT broke the previous high located at around 98k (change of Character) and is expected to pullback to grab liquidity sitting at around 95k and will go up for the First target at around 99k
PLTR overvalued at this price. Volume is getting smaller. Rising wedge. So some sell off is expected next week.
Now that the week is over taking a look at how it went and what to expect for next. Price action is bullish for sure. We just have to be patient enough for price to tell us what it wants to do next.
Nice looking falling wedge at the lows here inside of the bigger picture, which is the right angled and descending broadening formation. First move would be a retest of the top of the structure at 4.95, and partial decline typically, with a measured move target into 6$ Youve got a lower target as well for the Cypher / Falling wedge around 5.30, and potential for an extension move eventually into the external 1.618 but not real confident in the actual company here, so this is one ill approach slowly and DCA as low as 4.13. There was a partial decline there locally, so statistically, we should favor a break higher locally from here.
Long since 76 PayPal is a online payment method that follows you wherever you go. Pay any way you want. Link your credit cards to your PayPal Digital wallet, and when you want to pay, simply log in with your username and password and pick which one you want to use.
I added yesterday, DO NOT COVER, reversal coming! Extremely overbought this WILL correct if you are patient it will pay nicely First target is $687 second $671 in coming weeks
Spy has room on the upside in the long term channel, but big pull pack on the weekly candle and to the bottom of the channel is expected.
USD/CHF has dropped more than 1.7% over the past two trading sessions as the U.S. dollar continues to weaken. So far, selling pressure on the U.S. currency remains strong, following disappointing retail sales data, which showed a -0.9% decline compared to the expected -0.2%. This has fueled concerns about a potential economic slowdown in the U.S. Meanwhile, the Swiss franc, known as a safe-haven asset , has benefited from mixed economic data and the reciprocal tariffs policy announced by the Trump administration. This has kept demand for the franc stable and reinforced a strong bearish bias on USD/CHF. Breakout of the Upward Channel Since September 2024, the pair had maintained a solid upward channel, reaching a high of 0.92013. However, selling pressure has intensified, pushing price action below the lower boundary of the channel, which aligns with the 50-period simple moving average (SMA). If pressure continues to build, the uptrend that has held for months could fade, giving way to a stronger downtrend—especially if price breaks the support zone where it is currently struggling. MACD Indicator The MACD line and the signal line both show a strong downward slope, approaching the neutral 0 level. The MACD histogram has also been consolidating near this level, indicating that the moving average trend is turning neutral. As long as the histogram remains close to zero, it will be difficult for a new trend to emerge in the short term. TRIX Indicator The TRIX indicator supports the bearish scenario, as it has started declining sharply and is now approaching the 0 neutral line. If the TRIX crosses below zero, it would confirm bearish dominance, reinforcing the selling momentum in USD/CHF. Key Levels to Watch: 0.91746 – Resistance: A critical level for bullish movements, marking a potential recovery zone for the previous upward channel. If price rebounds to this level, it could invalidate the bearish trend and restore short-term buying momentum. 0.89978 – Key Support: The current support level aligns with recent lows from previous sessions, the Ichimoku Cloud barrier zone, and the 23.6% Fibonacci retracement level, highlighting its significance as a key barrier for sellers. A break below this level would accelerate bearish momentum, confirming the end of the previous uptrend. 0.88930 – Major Support: A long-term support level, corresponding to neutral price zones from November 2024 and the 38.2% Fibonacci retracement level. If the bearish move extends to this point, it could signal the formation of a more significant downtrend in USD/CHF on the daily chart. By Julian Pineda, CFA – Market Analyst