2020

CRUDE OIL (US CRUDE OIL): Ancora In Fase Di Spinta S2: 29.95     S1: 31.83     R1: 34.90     R2: 37.97 Il CRUDE OIL WTI ha trovato una forte resistenza in area 34 dollari al barile, proprio a ridosso del RUN AWAY GAP ribassista…
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The precious metal is trading somewhat bullish as it attempts to recover the losses from the previous two sessions. However, the intraday charts show a consistent lower high forming, alongside lower lowers. This is indicative of a…
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WTI Crude oil prices are finding it difficult to break past the 33.66 level. After briefly trading above this level, oil prices are back below this handle once again. But as a result, a soft double bottom pattern is forming near…
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The GBPUSD currency pair is looking somewhat bullish after the initial pullback looks to be complete. Price action fell back to the price level of 1.2277 after a brief rise initially. The current recovery will confirm the potential…
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The euro is trading above the 1.1000 level for the first time in two months. The gains came about on the Eurozone stimulus. The current gains will now see the upside rising towards 1.1132 where there is a strong chance of resistance…
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GBPUSD seems to be forming a triangle wave e, the last leg of the formation. The correction wave consists of primary sub-waves Ⓐ-Ⓑ-Ⓒ. Wave Ⓐ is a 5-wave impulse, and wave Ⓑ resembles a double zigzag. Currently, prices are structuring…
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A host of key economic data is set to close out the week in Japan. In the altered reality that is the coronavirus situation, some of the usually important economic metrics are largely being ignored by the markets. In terms of getting a…
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GBPCHF has been bearish since the 1.33 top reached on Dec '19. With prices trading near the trendline resistance TR1 starting Feb 18, '20 we could see the pair moving up for a retest as the bullish attempt on May 27 was weak. Despite…
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Gold prices are pushing lower after the precious metal failed to find support at 1717.65. The breakdown below this level has led to gold falling over 0.80% intraday. Prices are now trading off a minor support level at 1696.50. If…
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WTI Crude oil prices gave back the gains from earlier this week as prices are trading softer. The commodity is trading near the 33.66 level which has been somewhat difficult to break past. But, the Stochastics oscillator is positioned…
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