2020

USDJPY Sinks as Hope of Swift Recovery Fades Confidence in the greenback has been shattered as the US is still grappling with a record surge in infection cases. Now that President Donald Trump has raised the possibility of delaying…
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DAX (Germany30): Indice Tedesco In Stallo Correttivo S2: 12,048     S1: 12,199     R1: 12,509     R2: 12,667 DAX in congestione di breve periodo, mente per proiezioni più ampie è sempre incanalato al rialzo con una struttura ben…
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The rally in gold is taking a pause as price action has barely managed to post any new highs. The 1981 price region is proving hard to breach for the momentum. Despite this, a breakout above this level might see gold prices easily…
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Oil prices managed to pare some of the losses from the day before on Friday. But price action closed somewhat flat into Friday's session. The break down of the trend line could suggest a possible decline further in the near term.…
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The pound sterling finally made the final push to rise above the 1.3122 target level on Friday. But price action quickly gave back the gains into the close. Still, GBPUSD was just a few pips away from a six month high. The current…
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The common currency erased the intraday gains on Friday after prices rise to a new high, briefly testing the 1.1900 level. Price action on Friday closed on a bearish note. But on a weekly basis, EURUSD gained for six consecutive weeks,…
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Last Week’s Highlights US Durable Goods Orders Rise in June Durable goods orders in the US rose by 7.3% in June, marking a sustained rebound after the plunge earlier this year. Data from the Commerce Department also showed a downward…
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The S&P500 index has maintained a low key status last week. Prices struggled to breakout above the 3295 highs from the week before. But at the same time, the index looks to be well supported near the 3200 level at the moment. This…
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Bumper EPS Beat Shares in US tech giant Amazon are trading 0.60% higher pre-market on Friday following a bumper Q2 earnings report yesterday. Amazon reported earnings per share of $10.30. This was a huge upside surprise to the $1.48 EPS…
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