2020

USDCHF: (USDCHF) Pronto A Reagire Sui Supporti S2: 0.933     S1: 0.939     R1: 0.947     R2: 0.956 USDCHF sembra voler formare un minimo temporaneo in area 0.937 con un bias neutrale dopo aver assorbito una importante sollecitazione…
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Dow Jones recorded its lowest level in two weeks yesterday at 25070, missing the round support. Although bulls escaped outside the bearish descending channel starting at 29600 in February, that now resembles a false break. The recent…
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The precious metal is trading mixed after prices recovered above the 1724 level. Overall, price action in gold remains quite volatile. As a result, the bias is also somewhat mixed. The focus is back on the 1724 level. A close below…
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Oil prices are down over 8% intraday on Thursday. The commodity briefly made an attempt to push higher but it only resulted in a lower high forming. This eventually saw oil prices breaking past the initial support at 37.67. The close…
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The British pound sterling finally broke the minor rising trend line. This evidently saw prices breaking the medium-term trend line as well. For the moment, prices are trading just below the key level of 1.2643. A strong close…
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The euro currency briefly touched the elusive 1.1400 handle earlier on Thursday. But prices pulled back quickly suggesting that sellers are in control. Also, given the fact that EURUSD is on a strong bullish streak, a pullback is…
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The current EURUSD formation hints to a simple bearish zigzag pattern, consisting of primary sub-waves Ⓐ-Ⓑ-Ⓒ. The primary impulse wave Ⓐ is fully complete at the time of writing. The corrective wave Ⓑ also looks just about done. We…
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The pound's recent rally against the USD might be getting into a bit of trouble. Risk sentiment is waning over the last couple of days. But, not to worry, tomorrow we have a host of economic data that could jolt the market. Key among…
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NZDCHF's false break outside the regression channel suggests that a Head & Shoulders pattern is on its way to completion. In this bullish case, the pattern is expected to decline the range between the head and the neckline. The range…
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WTI crude oil is attempting to pare losses from the earlier sessions this week. Following the decline to the 37.67 level, oil prices are rising steadily. However, we have a range established between 40.00 and 37.67. Only a breakout…
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