2020

Gold prices made some modest gains but the rally was capped near the 1724 handle. As expected, price action quickly reversed after a brief test to this level. If the declines continue, we expect XAUUSD to pull back to the 1700 level.…
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The British pound sterling continues to remain on the front foot after price is trading comfortably above the 1.2750 handle. However, the steep pace of gains is likely to see prices snapping back. The breakdown of the minor trend line…
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The euro currency posted strong gains for the second consecutive day. The gains were largely driven by a softer greenback. Price action is attempting to test the key price level of 1.1400. However, unless there is a strong breakout above…
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This isn't the first time that a white police officer's brutality against a black person resulted in death. Nor is it the first time such an incident was captured on tape in harrowing detail. It isn't even the first time all this has…
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USDCNH seems to be forming a cycle degree wave V which is taking the form of an ending diagonal and consists of five primary sub-waves ①-②-③-④-⑤. At the time of writing, the corrective wave ④ is more than halfway through its completion.…
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GOLD (XAUUSD): Onda 4 In Un Triangolo Rialzista S2: 1,684.5     S1: 1,703,2     R1: 1,735     R2: 1,766.8 L’Oro continuazio a consolidare secondo un modello triangolare che ingloba chiaramente un’articolata Onda 4 del ciclo impulso…
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Crude oil prices extended declines but the price level near 37.67 is holding up the commodity for now. A rebound off this level should be followed by a move higher. Therefore, watch for oil prices to test the 40.00 level and probably…
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The precious metal is up over 1% intraday on Tuesday. The gains came after prices bounced off the lower support level near 1671.95. Following this, the breakout of the falling trend line also confirms the upside view. The next key…
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The British pound sterling is posting steady gains. The gains come just after GBPUSD slipped back to the 1.2643 level. With support forming here, price action is attempting to test the previous highs from earlier on Tuesday. A close…
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