Photo by Tesla Fans Schweiz on Unsplash
Photo by Tesla Fans Schweiz on Unsplash

Tesla’s Share Might Drop 70% In The Next Three Years

Tesla’s market share could soon decline. According to the analyst’s report, market share is expected to fall from 70% to 20% over the next three years. Although Tesla showed an impressive performance last year, it was even worse than last year. Competitors are gaining momentum in EV production. Chevrolet, Ford, Nissan and Audi have gained more market share. There are data that prove the rapid success of Tesla’s competitors. “More than 110,000 Chevrolet Silverado electric cars have been booked so far,” “We have about 200,000 bookings for the Ford F-150 Lightning.” Some voices in information warfare traditionally come from the United States.

The US dollar rose 0.22% on Tuesday after a hawkish announcement by ECB officials last week. The euro previously strengthened by 2.7%, although it did not beat the resistance level around 1.1483 USD and fell to 1.1418. On the other hand, gold, which usually controversially moved against the dollar, fell by 0.04%, still above the weekly maximum.

Read Also:

Biden’s Security Advisor Warns About Russian Invasion to Ukraine
Meta Stock Falls Leading Pulling Other Social Media Companies Too
Putin’s Powerful Statement – Alphabet Announces 20:1 Share Split
Goldman Sachs and OPEC to Announce Oil Production Increase

Joe Biden warned Russia that in the event of an invasion of Ukraine, “Nord Stream 2 will no longer be.” The US president did not say how he would ensure that the pipeline would not work. Nord Stream 2 is a Russian energy project that aims to double the amount of gas flowing directly into Germany by the Ukraine bypass.

The price of Brent crude oil is USD 92.02, WTI – USD 90.77, GBP / USD – 1.3535, EUR / USD – 1.1402 and gold is priced at USD 1820.95 per ounce.

Gold Analysis

The price of gold continued its positive trade to reach the expected target of 1825.15, and received continued positive support from the EMA50. It supports opportunities to persuade this level and paves the way for high profits up to 1860.00.

Therefore, we continue to propose strong trends for the foreseeable future. Note that the failure of the 1825.15 break will force the price to return to the bottom and retest the 1797.00 area before each new attempt.

Expected trade margin: between support 1810.00 and resistance 1835.00. Forecast trend: strong.

Gold Analysis Price Chart
Gold Analysis Price Chart – Source: Grand Capital

GBP/USD Analysis

The GBP / USD pair flies around the 1.3525 level without confirming its position at this level, which makes us neutral until we get a clearer indication of the next direction.

We remind you that breaking this level will expose the price to further negative pressure on the 1.3460 level test as another negative target. The consolidation above will lead to a resumption of price and gains starting with a review of 1.3610.

Expected business range: between support 1.3460 and resistance 1.3610. General trend forecast: neutral.

GBP/USD Price Chart Analysis
GBP/USD Price Chart Analysis – Source: Grand Capital

AUD/CAD Analysis

The general trend is origin. The currency pair trades between 365 and 135 moving averages. The rising wave pattern completes the disruption of the oblique channel. There is a bearish divergence in the Awesome Oscillator.

Trading idea:

Sell ​​if rewritten 0.9008.

Stop loss: 0.9078.

Target level: 0.8950; 0.8915.

AUD/CAD Price Chart Analysis
AUD/CAD Price Chart Analysis – Source: Grand Capital

Trading Idea for Ford Industries Inc. (NASDAQ)

The shares are trading between 365 and 135 moving averages straight up. The descending wave pattern is cut off. In Awesome Oscillator there is a bullish divergence and a stochastic oscillator signals oversold conditions.

Trading idea:

Buy as an ascending wave pattern, where wave (A) intersects the inclined path of the descending section pattern.

The stop loss is below the local low in the descending pattern (17.50). Target level: 21.00; 23.33; 25.57.

Trading idea for Ford Industries Inc. (NASDAQ)
Trading idea for Ford Industries Inc. (NASDAQ) – Source: Grand Capital

Data on these pages contains forward-looking explanations that imply dangers and vulnerabilities. Markets and instruments profiled on this page are for instructive purposes just and ought not at all appear to be a proposal to trade in these resources. You ought to do your own careful examination prior to settling on any speculation choices. Investing Scan doesn’t in any capacity ensure that this data is liberated from slip-ups, mistakes, or material misquotes. It likewise doesn’t ensure that this data is of an opportune sort. Putting resources into Open Markets implies a lot of hazard, including the deficiency of all or a piece of your venture, just as enthusiastic pain. All dangers, misfortunes and expenses related with contributing, including all out loss of head, are your obligation. The perspectives and conclusions communicated in this article are those of the writers and don’t really mirror the authority strategy or position of Investing Scan nor its publicists. The creator won’t be considered liable for data that is found toward the finish of connections posted on this page.If not in any case unequivocally referenced in the body of the article, at the hour of composing, the writer has no situation in any stock referenced in this article and no business relationship with any organization referenced. The writer has not gotten pay for composing this article, other than from Investing Scan.Investing Scan and the creator don’t give customized proposals. The creator makes no portrayals concerning the exactness, culmination, or appropriateness of this data. Investing Scan and the creator won’t be responsible for any mistakes, exclusions or any misfortunes, wounds or harms emerging from this data and its presentation or use. Mistakes and exclusions excepted.The writer and Investing Scan are not enrolled speculation consultants and nothing in this article is planned to be venture counsel.

Leave a Reply

Your email address will not be published. Required fields are marked *

Qatar Considers Refinancing The Debt Of $10 Billion That 'Expires' In 2023!

Qatar Considers Refinancing The Debt Of $10 Billion That ‘Expires’ In 2023!

Photo of Tezos Cryptocurrency Blockchain

What Is DeFi in 2022? How Decentralized Finance Could Mean ‘Death Sentence’ For Banks?