#Nasdaq Index had lost 3% on Monday, and at the start of trading on Tuesday plummeted to lows seen back in May, subsequent to the decline of stocks of market giant such as #Google, #Amazon and #Apple.

Fed speeches are in focus, while Apple has pulled the markets down

Futures on the S&P500 (#SPX) fell for the second day in a row, retreating by 1.3% from historic highs around 3000

#EURUSD slowly shifting downwards

#Apple has dragged the markets down atfer downgrade to 'sell'

https://fxpro.news/daily-forex-outlook/fed-speeches-are-in-focus-while-apple-has-pulled-the-markets-down-20190709/

#WaveAnalysis
#Apple is expected to rise further and retest the next resistance level 242.00

https://fxpro.news/market-snapshots/apple-wave-analysis-14-october-2019-20191014/

#WaveAnalysis
#Apple is expected to rise further and retest the next resistance levels – 255.00

https://fxpro.news/market-snapshots/apple-wave-analysis-01-november-2019-20191101/

#WaveAnalysis
#Apple is expected to rise further toward the next resistance level 280.0, intersecting with the resistance trendline of the wide daily up channel from May.

https://fxpro.news/market-snapshots/apple-wave-analysis-16-december-2019-20191216/

Markets shrug off fears of the spread of coronavirus. Influence on markets is becoming more selective (at the level of companies and sectors, rather than the overall risk-off).

Now focus of market participants turns to monetary policy and possible changes in the tone of the Fed's comments later this evening. Against this background, the #USD is experiencing some traction to the detriment of so-called yielding currencies.

Yesterday after market close #Apple and several other companies issued robust earnings reports, which supported the demand for risks. Later Today, AT&T, #Boeing, #McDonalds, #MasterCard report before the US market open. After its close, #Microsoft, #Facebook, #Tesla and many more will present their quarterly results.

#Apple broke multi-month resistance 328.00
Likely to rise to 350.00
#WaveAnalysis

https://fxpro.news/market-snapshots/apple-wave-analysis-9-june-2020-20200609/

#WaveAnalysis
#Apple continues daily uptrend
Likely to rise to 500.00

https://fxpro.news/market-snapshots/apple-wave-analysis-21-august-2020-20200821/

#Apple broke major resistance level 144.65
• Likely to rise to resistance level 147.50

Apple recently broke the major multi-month resistance level 144.65 (which stopped the sharp uptrend at the start of this year, as can be seen from the daily Apple chart below).

The breakout of the resistance level 144.65 follows the earlier breakout of the wide up channel from March – which accelerated the active impulse waves 3 and (C).

Given the clear daily uptrend – Apple can be expected to rise further toward the next resistance level 147.50 (target price for the completion of the active impulse waves (iii) and (c)).

#Apple broke the resistance level 151.00

• Likely to rise to resistance level 157.50

Apple recently broke the resistance level 151.00 (upper boundary of the sideways price range inside which the price has been trading from the start of July).

The breakout of this resistance level 151.00 accelerated the active short-term impulse wave 5, which belongs to the intermediate impulse wave (C) from last year.

Given the prevailing uptrend, Apple can be expected to rise further toward the next resistance level 157,50 (target price for the completion of the active impulse wave (C)).

#WaveAnalysis

#Apple continues daily uptrend

• Likely to rise to resistance level 168.15

Apple recently reversed up from support trendline of the day up channel from March, intersecting with the 20-day moving average and the 38.2% Fibonacci correction of the upward impulse from March.

The upward reversal from theses support levels continues the minor c-wave of the active correction (ii) from January.

Given the clear daily uptrend, Apple can be expected to rise further toward the next resistance level 168.15 (which reversed the price earlier this month).

📣Trade responsibly with fxpro.com

#WaveAnalysis #AAPL

#Apple reversed from support level 180.00

Likely to rise to resistance level 197.45

Apple recently reversed up from the strong support level 180.00, which stopped waves A and (b) of the previous ABC correction (2) from the middle of December.

The support level 180.00 was strengthened by the lower daily Bollinger Band and by the 50% Fibonacci correction of the sharp upward impulse wave (1) from October.

Given the clear daily uptrend, Apple can be expected to rise further to the next resistance level 197.45, previous monthly high from July, December and January.

📣Trade responsibly with fxpro.com

#WaveAnalysis #AAPL

▫️#Apple reversed from support zone;

▫️Likely to rise to resistance level 210.00.

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