2020

Gold prices are down close to 1% on Tuesday. But price action is showing signs of slight recovery near the support area of 1671.95. A rebound off this level could see gold prices testing the upper end of the range at 1712.50. As long…
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Crude oil prices rebounded sharply on Tuesday, a day after prices plunged below zero. This came as a shortage of storage supplies for crude oil saw prices turning negative. Part of the reason is also the front-month contracts that are…
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The Pound sterling fell over 1% intraday. Prices touched down to the lower end of the range at 1.2277 before rebounding slightly. As long as this level holds, we expect prices to remain range-bound. The upside bias will only build up…
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The euro continues to trade flat, slipping to previous session lows of 1.0829. However, prices rebounded slightly off this same level. The overall price action in the EURUSD remains flat, trading between the 1.0905 and 1.0787 levels.…
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EURUSD seems to be developing a bearish primary zigzag Ⓐ-Ⓑ-Ⓒ, in which wave Ⓐ formed a 5-wave impulse pattern. Wave Ⓑ is most likely not complete. Its current structure indicates that it is a flat consisting of intermediate sub-waves…
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