2020

Shell Confirms Settlement Shares in British-Dutch energy company, Royal Dutch Shell, started the week a little lower pre-market on Monday. Shares in Shell have enjoyed a firm rally over recent weeks. Price rallied off the 12.00 level low…
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In terms of monetary policy, we're closing out the year with a lot of activity. Many of the important central banks meet this week to set policy over the holidays. This could set forex trends for the next month. We are approaching a…
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GBPJPY is currently developing a bearish primary zigzag Ⓐ-Ⓑ-Ⓒ. The bullish correction wave Ⓑ is an intermediate zigzag, with the final wave of this zigzag being an ending diagonal. At the moment, we see the formation of the initial part…
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GBPCHF Struggles on No-Deal Prospect Trading the pound Sterling certainly is not for the faint-hearted these days. With only two weeks to go before the end of the transition period, London and Brussels are yet to clinch a deal.…
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FEDEX (FDX.N): Sky Rocket Per FedEx S2: 284.22     S1: 286.84     R1: 291.96     R2: 294.46 FedEx brilla sempre di luce propria, seguendo da tempo una tendenza rialzista portandone i prezzi a segnare livelli superiori a quelli…
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Last week’s highlights China's consumer prices fall for the first time in eleven years The latest inflation data from China showed a drop in consumer prices. This was the first drop in headline CPI since 2009, according to official data…
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The leading equity index continues to post new highs, although the momentum is slowing. Last week, the S&P500 broke to new highs of 3715 before easing back into the close of the week. Price action closed below the previous…
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The precious metal continues to trade flat for the second consecutive session. As a result, price action is trading within a tight band of the 1850 and the 1825 levels in the near term. The Stochastics oscillator remains biased to the…
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WTI Crude oil prices rose sharply on Thursday to rise close to the 48.00 level. However, prices pulled back into Friday's close. This comes as the 45.00 level is firmly establishing as support. Thus, a pullback could see this support…
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The British pound sterling slipped below the support level of 1.3300 on Friday. This comes as Brexit talks come to a head. For the moment, the lower support near 1.3122 remains the key price point. As long as this support level holds,…
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