2020

Next week we have the final chapter in the 2020 US election saga. The reason that it's so important is that control of the US Senate hangs in the balance. Who controls the Senate has major policy implications, which in particular,…
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USDMXN has witnessed a downward spiral in prices during the last quarter. The descending channel that was highlighted in October seems to be apparent as prices look for a breakout. The recent bearish divergence noted on the momentum…
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DXY Remains Pressured The US index closed on a negative footing yesterday as it once again triggered the 90 handle. Even though a US government shutdown has been avoided, after the US fiscal stimulus is formalized, investors aren’t…
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The precious metal is on track to close flat on the day for Monday. This comes as prices attempted to rise intraday. However, as the momentum fizzled out, gold prices form a lower high. This could potentially trigger a short term…
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Oil prices maintained their bullish continuation with prices rising in early Monday trading. However, after rising to intraday highs of 48.94, the commodity gave back the gains, forming a lower high. If prices break down below the pivot…
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The British pound sterling is down over 0.6% on Monday. The declines come following last week's rebound above the 1.3506 level of support. But as the trade deal euphoria fades, prices are drifting lower. As a result, the cable is likely…
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The euro currency attempted to rise higher but gave back the intraday gains. The rebound off the 1.2177 level of support was met with resistance from the trendline. With prices heading lower, the previous support level near 1.2177 comes…
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Pfizer shares are trading a little under 1% higher pre-market on Monday. However, they remain well off the 2020 highs following the decline seen over recent weeks. After the initial rally seen across the start of December as traders…
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