The official currency in China is the renminbi often abbreviated to RMB, while the term Yuan can be used to describe the base unit of the Chinese currency. When trading onshore it is referred to as CNY, while offshore trading is known as CNH. USD ...

Supply and demand in a nutshell by Alfonso Moreno

Clear long bias on USDSGD (US dollar versus Singapore Dollar). This Forex cross pair forecast is bullish, given that we are having strong weekly demand imbalances created in the bigger timeframes like the weekly timeframe attached below. USDSGD pair ...

Supply and demand in a nutshell by Alfonso Moreno

Gold XAUUSD price is widely followed in financial markets around the world. Gold was the basis of economic capitalism for hundreds of years until the repeal of the Gold standard, which led to the expansion of a flat currency system in which paper ...

Supply and demand in a nutshell by Alfonso Moreno

A strong monthly imbalance gained control on EURUSD last month around 1.0654. As explained in previous EURUSD forex cross pair analyses, we had a strong bearish bias but once a strong imbalance on a big timeframe like the monthly takes control, ...

Supply and demand in a nutshell by Alfonso Moreno

Nestlé S.A. is a Swiss multinational food and drink processing conglomerate corporation headquartered in Vevey, Vaud, Switzerland. It is the largest food company in the world, measured by revenues and other metrics, since 2014. As expected and ...

Supply and demand in a nutshell by Alfonso Moreno

Like many other german and European automotive manufacturing companies, Volkswagen AG (VOW) stock analysis forecast is bearish, with monthly in a clear downtrend with a strong monthly imbalance located around 49 per share. There is not a single ...

Supply and demand in a nutshell by Alfonso Moreno

TUI AG is was already in a clear downtrend providing us with short opportunities at monthly imbalance around 12 per share. As expected price sold off strongly from that imbalance and has ended up created another huge imbalance around 11.39 per ...

Supply and demand in a nutshell by Alfonso Moreno

Analysts were saying that the coronavirus pandemic is going to hurt Tesla Inc (NASDAQ). They say that Tesla’s vehicle deliveries will be negatively impacted by the pandemic in 2020. Ahead of the outbreak, the analyst said he was modelling robust ...

Supply and demand in a nutshell by Alfonso Moreno

EURNOK Forex cross pair (Euro versus Norwegian Krone) has broken all time high again after months. A previous monthly demand imbalance gained control last June 2018 and this cross pair has been rallying ever since. Norway’s Krone Suffers Worst Drop ...

Supply and demand in a nutshell by Alfonso Moreno

The big story in biotechnology this past week has been the rise and fall of Moderna Biotechnology (MRNA) stock. As explained in a previous Moderna Biotech supply and demand stock analysis for the weekly timeframe a few days ago, we were expecting ...

Supply and demand in a nutshell by Alfonso Moreno

The whole trading world is talking about the same thing, the US stock market crash 2020, which is also a worldwide stock market that affects every single world exchange. Has the market crash in 2020 began because of the corona virus effect? Have the ...

Supply and demand in a nutshell by Alfonso Moreno

Have you been wondering when to buy BitCoin in 2020? If you are trading crypto currencies using a crypto currency trading strategy, you may have been surprised that your recent sell orders may have been a loss. Many intraday traders may have woken ...

Supply and demand in a nutshell by Alfonso Moreno

It never ceases to amaze me how powerful bigger timeframe imbalances are and how price can react to them no matter how old these imbalances are. There is a clear example of a very strong supply imbalance on the British Pound versus New Zealand ...

Supply and demand in a nutshell by Alfonso Moreno

Pinterest #PINS is a fast-growing company with favorable demographics, the stock has dropped in price while outperforming expectations. Pinterest (PINS) debuted on the public markets less than a year ago at a price of $23.75. Since that time, ...

Supply and demand in a nutshell by Alfonso Moreno

The British Pound versus the American Dollar (GBPUSD) has been doing nothing for a few weeks and suddenly we’ve seen a strong burst that ended up creating a new demand imbalance on the daily timeframe around 1.28 price level. The British Pound is ...

Supply and demand in a nutshell by Alfonso Moreno

British Pound versus Norwegian Krone Forex cross pair (GBPNOK) has been rallying for weeks and months creating new imbalances on the way up. In the attached screenshot we can see GBPNOK weekly timeframe creating new strong imbalances but ...

Supply and demand in a nutshell by Alfonso Moreno

The SPDR S&P 500 trust is an exchange-traded fund which trades on the NYSE Arca under the symbol (NYSE Arca: SPY). SPDR is an acronym for the Standard & Poor’s Depositary Receipts, the former name of the ETF. It is designed to track the S&P 500 ...

Supply and demand in a nutshell by Alfonso Moreno

Uber Technologies, Inc., commonly known as Uber, is an American multinational ride-hailing company offering services that include peer-to-peer ride sharing, ride service hailing, food delivery, and a micro-mobility system with electric bikes and ...

Supply and demand in a nutshell by Alfonso Moreno

The US Dollar Index is an index of the value of the United States dollar relative to a basket of foreign currencies, often referred to as a basket of U.S. trade partners’ currencies. This index is highly correlated with US dollar Forex cross pairs ...

Supply and demand in a nutshell by Alfonso Moreno

European major currencies such as the Euro and British Pound outperformed against the US Dollar on Friday. I happened to read that the US dollar has been on a climb amid the outbreak of the coronavirus which is threatening global growth. That the ...

Supply and demand in a nutshell by Alfonso Moreno