2020

NASDAQ 100 (NAS 100): Calo Di Momentum In Area Di Massimo S2: 9,290.1     S1: 9,352.1     R1: 9,448.9     R2: 9,545.8 La settimana appena trascorsa ha mostrato per l’indice NASDAQ100 un piccolo pattern di inversione con due  livelli…
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The S&P500 Index has been steadily rising higher. The correction to the declines in March is now past the 61.8% Fibonacci retracement level. After forming an interim high near 2965, the index drifted lower, but not before re-testing…
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EURGBP Rises Over Brexit Impasse The euro was put back on track thanks to the 500 billion euro recovery fund recently agreed between France and Germany. The much-awaited stimulus package is likely to boost investor sentiment for the…
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Last Week’s Highlights Fed minutes underscore uncertainty in the economy The Federal Reserve released the meeting minutes from its policy meeting held on April 29th. According to the minutes, the policymakers were uncertain about the…
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The precious metal made modest gains into Friday’s close, rising 0.53%. But price action is now consistently making lower highs. For the moment, the declines are rejected off the dynamic support from the rising trend line. The lower…
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WTI crude oil prices were a tad weaker on Friday. The commodity fell below the 33.66 level which has played a key role so far. If oil prices fail to settle above this level in the coming days, we could expect to see some corrections.…
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The pound sterling is gradually falling back albeit consolidating right near the falling trend line. The declines were triggered after GBPUSD failed near the resistance level of 1.2277. Prices are now inside the new range with the…
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The euro gave back the gains after the 1.1000 level proved hard to breach. This sent the common currency lower. Price is trading just a few pips off the support area at 1.0885 – 1.0879. We expect some stronger consolidation to take…
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The USDCNH structure shows a bullish trend consisting of waves ①-②-③-④-⑤. The first four parts of the primary degree pattern appear to be fully complete. After wave ④ completed in a triangle correction, we saw the pair start to rise…
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It turns out that Bill Gates has quite a bit of involvement in the COVID-19 outbreak. Which doesn't come as a surprise to anyone who has been following his activities since he dramatically scaled back his participation in Microsoft and…
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