2020

Shares in US beverage giant Coca Cola are trading a little higher on the final trading day of 2020. Following a dramatic 40% collapse over Q1, as the COVID pandemic took hold,  shares in Coca Cola have since recovered almost 80% of those…
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In spring, there was a lot of hopeful talk about the covid recession being "V-shaped", and that by the end of the year we'd be (at least close to) recovered. Q3 showed we were well on the way to achieving that, and stock markets roared…
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The current USDCAD structure hints at a primary degree triple zigzag that consists of sub-waves Ⓦ-Ⓧ-Ⓨ-Ⓧ-Ⓩ.  Currently, prices decline in the final impulse wave (C) of a bearish  (A)-(B)-(C) zigzag in wave Ⓩ. Recently, the market…
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The precious metal is trading somewhat bullish, building upon the gains from Tuesday. Price action is on track to close with gains for two consecutive days. However, the pace of gains remains subdued for the most part this week. For…
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WTI Crude oil prices managed to hold up the intraday gains for the most part. However, by the late European session, the commodity was seen giving back those gains. Oil prices are down about 0.35% intraday. The declines come as oil…
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The British pound sterling is posting gains as UK lawmakers back the newly negotiated trade deal with the EU. Price action managed to recover from the previous slump, after slipping to lows of 1.3429. Following this decline, the cable…
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The euro currency managed to continue posting gains. Price action rose close to April 2018 highs before easing back. The trendline is acting as dynamic resistance/support as prices continue to consolidate strongly around this level.…
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Shares in US vehicle maker General motors are trading a little lower pre-market on Wednesday. Shares have made a fairly steady recovery off the Q1 lows rallying over 200% of the mid 14 lows to highs of around 47. While some of these gains…
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The SPX500 structure shows a bullish cycle impulse consisting of waves ①-②-③-④-⑤. The first four parts of the primary degree pattern have ended, with the primary correction wave ④ being an intermediate flat. Intermediate waves…
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USDCHF(USDCHF): USD Su Importanti Supporti S2: 0.8785     S1: 0.8814     R1: 0.8885     R2: 0.8927 Fino a quando le quotazioni di USDCHF rimarranno sotto 0.9 le prospettive ribassiste rimarranno invariate. Pur tuttavia è evidente…
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