• Ichimoku Watch for Oracle: Technical Confluence Attracting Buyers

    Ichimoku Watch for Oracle: Technical Confluence Attracting Buyers

    • May 30, 2024

    Oracle Corporation (ticker: ORCL) has recently identified an interesting area of support on the 4-hour chart between $119.20 and $119.83. As you can probably see from the chart, the current support area is structured through two trendline support levels, the Ichimoku Cloud Support (the difference between the Leading Span A and Leading Span B), horizontal

    READ MORE
  • Ichimoku Watch: Silver Prices Readying to Retest Record Highs?

    Ichimoku Watch: Silver Prices Readying to Retest Record Highs?

    • May 28, 2024

    Ichimoku Cloud Support Price action on the 4H chart of silver (ticker: XAG/USD) – Since the Leading Span A crossed above the Leading Span B in the middle of May, silver has trended higher and reacted to the upper edge of the Ichimoku Cloud last week (the difference between the Leading Span A and Leading

    READ MORE
  • Ichimoku Watch: Salesforce Poised to Drive Lower Ahead of Earnings

    Ichimoku Watch: Salesforce Poised to Drive Lower Ahead of Earnings

    • May 24, 2024

    Upcoming Earnings: Salesforce, Inc. (ticker: CRM) is scheduled to report earnings after the market closes on 29 May. The consensus EPS estimate for the fiscal quarter ending April 2024 is $1.82. The reported EPS for the same quarter a year prior was $1.15. Further Selling? Thursday’s session concluded on its lows, down nearly -2.0%. The

    READ MORE
  • Ichimoku Watch: FTSE 100 Approaching Ichimoku Cloud  

    Ichimoku Watch: FTSE 100 Approaching Ichimoku Cloud  

    • May 22, 2024

    Following UK inflation data earlier today, the FTSE 100 market index has continued to decline from its all-time high of 8,474 last week. Technical Market With the FTSE 100’s trend still firmly to the upside, the H4 timeframe is offering interesting price action at the moment. Firstly, you will notice that as the index tested

    READ MORE