Technical analysis
Technical Overview of Global Tech Giants- Microsoft Corporation and IBM
February 05, 2021 09:55 AM GMT| By Team Kalkine MediaMicrosoft Corporation (NASDAQ: MSFT) has witnessed a sharp rally from the low of USD 212.03 on 15 January 2021 and made a new lifetime high of USD 245.07 (as on 03 February 2021), a gain of ~15.50 percent in this short span. Microsoft Corp. Shoots.....
Crude Oil Prices Stall, Will the Northward Move Continue?
February 03, 2021 12:01 PM AEDT| By Team Kalkine MediaCrude oil price rally has stalled with prices of Brent crude oil futures trading in a range of USD 55.00 to USD 57.50 per barrel. The surge in prices witnessed over the past couple of weeks could be primarily linked to the production cut as announce...
What’s Panning Out in the Cryptospace, Is a Reversal on Cards for Bitcoin?
January 29, 2021 02:35 AM GMT| By Kunal SawhneyWhat’s Panning Out in the Cryptospace, Is a Reversal on Cards for Bitcoin? Bitcoin prices seem to be finally taking a breather from the speculative sell-off seen in the digital currency over the news of double spent. To Know More, Do Read: B...
Bitcoin Taking Breather After Blistering Run, Notes From Chartist’s Workbook
January 11, 2021 04:44 AM GMT| By Team Kalkine MediaBitcoin has been under a bull run with prices hitting new record highs almost every week and in 2021 the prices have already scaled above the USD 40,000 mark and registered a new all-time high of USD 41,100. To Know More, Do Read: Bitcoin hits new a...
Gold breaking out of slumber, what are charts saying?
January 07, 2021 01:30 PM GMT| By Team Kalkine MediaGold has been under a crabwalk for a while with economic situations around the globe taking a turnaround with the rollout of COVID-19 vaccine. The spot market has been stuck in a range for quite a while; however, after a period of slow moves, gold ha...
Is the Recent Rally in Base Metals due to Price Seasonality?
December 29, 2020 09:41 AM GMT| By Team Kalkine MediaCopper’s Price Action Summary: Copper prices are trading in a perfect symmetrical triangle pattern on a quarterly timeframe chart on Shanghai Future Exchange. It started the year with a bearish tone and gave negative quarterly closing, near .....
Want to Improve Your Trading This Christmas?
December 24, 2020 05:06 AM GMT| By Team Kalkine MediaTrading shares or applying technical analysis is a mixture of both science and art. It is science in terms understanding the various nuances of chart patterns, back-testing, trading system, etc. It is an art when it comes to understanding market psyc...
Iron ore jolts another record high, is there more steam left in the rally?
December 22, 2020 05:37 AM GMT| By Team Kalkine MediaIron ore prices are once again capturing the attention as the prices spike to another record high over supply concerns and robust demand from China. The commodity clinched RMB 1,194.00 per dry metric tonne on the Dalian Commodity Exchange (DCE) on 21...
Copper Tops USD 8,000, Commodity Supercycle at Play?
December 21, 2020 01:23 AM GMT| By Kunal SawhneyAt present, many analysts believe that a copper supercycle is underway and the same has resulted in copper prices hitting a record high. So, what is a commodity supercycle? Image Source: Megapixl Supercycle is defined as a wave degree under the...
Tesla Share Price at Record high, EV Leader Enters S&P 500 with a bang
December 19, 2020 04:11 AM GMT| By Hina ChowdharyTesla is breaking all records with the stock contouring another record high of USD 695.00 a share yesterday. The EV giant is now all set to see its inclusion in America’s benchmark S&P 500 stock index on Monday, i.e., 21 December 2020. I...
US Fed Continues to Pump Money, Nasdaq Contours New ATH
December 17, 2020 04:04 AM GMT| By Kunal SawhneyThe US stock market has once again ended at a record high on 16 December 2020, with S&P 500 and Nasdaq 100 both hitting their previous record highs while Nasdaq 100 even establishing a new record of 12,698.11 (intraday high). One of the primary...
Silver Spot Price and Sentiment Data Diverges, What Does it Mean for the Precious Metal?
December 17, 2020 02:50 AM GMT| By Kunal SawhneySilver spot prices are consolidating after correcting from the recent peak of USD 29.863 per ounce (intraday high on 7 August 2020). The current range for the spot is between USD 24.800 to USD 24.100, and the range seems to be shrinking as compared t...
Bitcoin Scales USD 20,000 – Bulls on Charge or a Trap?
December 17, 2020 02:17 AM GMT| By Kunal SawhneyBitcoin prices have smashed through the USD 20,000 mark to reach a new record high - the blistering rally in Bitcoin has delivered a one-year return of 190 per cent. The recent rally in the cryptocurrency has been well-supported by large institutiona...
Bitcoin At an All-Time High Outperforming All Asset Classes, Why are investors Gung-ho?
December 01, 2020 06:18 PM AEDT| By Kunal SawhneyBitcoin prices finally climbed to a record high, taking less than three years to scale the previous all-time high the previous high seen in December 2017. The world’s most popular cryptocurrency gained considerable momentum in the recent past,...
Bitcoin Bounces Back Sharply Towards All-Time Highs, More Steam Left in the Rally?
November 26, 2020 09:47 AM GMT| By Team Kalkine MediaBitcoin prices have rebounded and how! Just in two months time span the crypto currency is up 93% to USD 19,348 on 24th November 2020 after making a low of USD 9,825 in September 2020. Bitcoin prices broke a symmetric triangle pattern on a monthly .....
Bitcoin Knocking at All-time Highs after 3 years, USD 20,000 on cards?
November 19, 2020 02:41 AM GMT| By Team Kalkine MediaBitcoin is grabbing eyeballs again. The currency continues to climb and is closing in on the levels not seen since it reached its highest ever mark three years ago. Bitcoin is just 12% shy of its previous all-time high of USD 19,891.0, last seen o.....
Is This the Consolidation Phase for Gold and Silver? Are There any Surprises?
October 13, 2020 05:47 AM BST| By Team Kalkine MediaGold Spot Multi-Contributor (XAU/USD) on Technical Chart Gold Spot Multi-Contributor (XAU) Monthly Chart (Source: Refinitiv Eikon Thomson Reuters) Gold prices were on an upswing on 09 October 2020, and closed at USD 1929.43, up by 1.87%. Gold i.....
Buying the Dips – A Tapestry of Technical Tools and Strategy
August 06, 2020 11:25 AM BST| By Team Kalkine MediaSummary The market shows it moves in the most vivid way, presenting many opportunities to enter a trade and book a profit. One such opportunity presented by the market is often in the face of a dip in an uptrend; however, not every dip is worth.....
Albert Technologies (ALB) Declared FY2018 Results
May 29, 2019 11:20 PM BST| By Team Kalkine MediaAlbert Technologies Albert Technologies Ltd (ALB) is a Tel Aviv, Israel-based software company that seeks to make the digital marketing process more efficient by developing and providing intelligent, cloud-based solution. The company offers autonomo...
How Is Transition To Cloud Faring For Sage Group Plc?
May 17, 2019 11:35 PM BST| By Team Kalkine MediaSage Group PLC (SGE) is a Newcastle Upon Tyne, United Kingdom-based multinational enterprise software company. The group is the global market leader for technology that provides integrated accounting, payroll and payments solutions for businesses of...