On Wednesday, the New Zeland central bank will speak about the next monetary policy about raising the interest rate: it's been estimated that the probability of a rate hike is 90%.
From a technical point of view, NZD/USD seems to be uncertain: it plays around its 200 simple moving average but, lastly, it seems to show strong weakness. If the NZD would cross its...
Next week will be published the US most important banks earnings and among them, Citigroup is for sure the one with the best focus. In particular, the US bank is the one with higher exposition in Russia: almost 10 billion dollars.
So, what can be the next scenario?
I'm short on CITI due to both fundamental reason and technical reason:
We are in a short trend, so...
Tesla, before reaching next highs at around 1190$, can retrace until the first area, that we can visualize in the green rectangle, that covers the price range of 940-1000$. In addition, the bearish divergence upon the CCI oscillator can accelerate the price retracement.
The 200 average shows how the long term is still bullish and Tesla could be above it for the...
