2020

CHFJPY has recently fallen out its long-term ascending channel, as multiple attempts to re-enter have failed. The 118 target was lost, as a recent bearish divergence moved the currency pair lower. An attempt to move higher was met with…
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CRUDE OIL (US Crude Oil): Tenuta Del Supporto A Quota 40$ S2: 40.11     S1: 40.77     R1: 41.89     R2: 42.35 Il quadro tecnico generale evidenzia per il Crude Oil una sostanziale stabilizzazione intorno a quota 40 USD dopo lo…
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How Much Lower Can the Buck Go? The US index fell further towards the 92 handle on Tuesday, as it closed 0.11% down. October’s retail sales fell short of market forecasts, coming in at a disappointing 0.3% which was a world away from…
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The precious metal continues to trade flat with price action entering a tight sideways range below 1900 and above 1880. The sideways range comes as the news of the Coronavirus vaccine offsets the new number of cases in the US. For the…
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WTI Crude oil prices are trading on a softer note. Price action is pulling back to the 41.00 level of support where consolidation is taking place. The lower high near the 42.00 level could signal a move lower. But this can be valid only…
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The British pound sterling was trading stronger on Tuesday as Brexit talks gain steam. Despite the modest gains, the GBPUSD is well within the confines of the 1.3300 level of resistance and 1.3122 level of support. A breakout from…
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The euro currency is trading weaker following a steady intraday gain. Price rose to highs of 1.1893 before pulling back after nearing the 1.1900 level. If price continues to push lower, then the lower high could signal a shift to the…
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Q3 Earnings Miss Shares in French airline Air France have been trading in a better tone over recent days. This comes despite the poor Q3 earnings reports and weaker guidance for Q4. The rally has been largely a result of the better risk…
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The current USDCHF structure hints at the end of the bearish triple zigzag Z of a cycle degree. Intermediate impulse wave (1) has completed whilst the bearish correction wave (2) is still under development. In the short term, we could…
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