Yearly Archives
2020
Mercati Appesi Alla Riapertura Dell’Economia
S&P500(SPX500): Si Compra Chiudendo Gli Occhi
S2: 2,747.9 S1: 2,773.7 R1: 2,815.9 R2: 2,858.1
Continua la prepotente ripresa rialzista per l’indice S&P500 che in due fasi di re-coil avvicina i massimi di Marzo in…
Read More
Read More
What are V-Shaped, U-Shaped and L-Shaped Recoveries?
A lot of economic commenters have used letters as a shorthand to describe potential economic scenarios of what might happen after the covid-19 outbreak is controlled. They are great as visual aids, but what exactly is the difference between…
Read More
Read More
XAUUSD consolidates near previous highs
Gold prices pulled back after posting a fresh seven-year high.
But a day after the retracement, gold is back to testing the previous levels.
As a result, an interim support level is formed within the 1712 and 1700 levels.
As long…
Read More
Read More
WTI Crude oil bounces higher
A day after WTI crude oil prices fell to lows near 19.25, price action is posting a rebound.
But the overall gains remain limited as oil prices consolidate between the 22.00 and 19.25 levels.
Unless there is a breakout from one of…
Read More
Read More
GBPUSD struggles to push higher
The pound sterling failed to capitalize on the gains in the earlier sessions.
This has pushed GBPUSD back below the key price level of 1.2485.
Given that this is the upper end of the previous range, there is scope for prices to…
Read More
Read More
Euro drops on dollar strength
EURUSD is down over 0.70% intraday. The declines come as the USD is strengthening for the second consecutive day.
Following yesterday’s pullback from the initial decline to 1.0860, the price level near 1.1055 held up amid selling…
Read More
Read More


