2020

S&P500(SPX500): C’è Spazio Fino a 3,405 S2: 3,361.1     S1: 3,370.6     R1: 3.385.20     R2: 3,399.7 L’indice SP500 prosegue nella sua ascesa assorbendo ogni tentativo di ribasso, mostrando di fatto una forza relativa positiva nei…
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Trade of the Week EURJPY Plummets as Sentiment Worsens The euro deepened its losses as investors fret that the Eurozone is inching toward a recession. The bloc’s weakest growth since 2013 is a sign that major economies are yet to…
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Retail sales numbers from the United States have come out, printing a result that was in line with broad expectations. Data from the Commerce Department showed that retail sales rose by 0.3% in January after a slower 0.2% increase…
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The impulsive structure seen on the British pound suggests further upside as part of minor wave 1. With the corrective ‘three’ fully completed on a false break below minor A low, this projection assumes that the upside is a 2-degree…
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Did you know that WTI oil should be lower on the back of weaker growth demand and higher crude inventories? Oil traders, however, seem to be discounting the weakening components as it becomes clear to them that OPEC is determined to keep…
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Less than a year ago, the EC commissioned a study and found that the majority of Europeans felt that the EU as an institution would not be around within a generation. Only three countries had a majority of people who felt that the block…
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DAX (GER30): Upside Fino A 14,125 S2: 13,520     S1: 13,633     R1: 13,801     R2: 13,970 L’indice Dax continua la sua ascesa riacquistando forza relativa nei confronti degli altri indici europei. Il movimento impulsivo è evidente con…
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The European Commission released its winter forecast. The report was slightly optimistic, pointing to a path of steady but moderate growth. The growth projections were unchanged. The economy is forecast to grow at a rate of 1.2% both…
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The current SPX500 structure suggests that the cycle degree impulse wave is now completed on a fresh high. The bullish wave consists of primary sub-waves ①-②-③-④-⑤. With the conclusion of intermediate wave (5) near 3383 we presume that…
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The week is going to close with a bang for euro traders. There is a host of economic data coming out in the morning that routinely riles up the markets. Key among them is the much anticipated quarterly GDP figures from Germany and then…
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