2020

The current USDJPY structure shows a completed intervening wave Ⓧ of the primary degree. This took the form of a triple zigzag consisting of intermediate degree waves (W)-(X)-(Y)-(X)-(Z). A new bullish impulse shows intermediate…
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America Given Dose of the Truth US indices fell on Thursday after investor hopes for a Covid-19 vaccine quickly faded as America imposed new COVID-19 restrictions in New York. The Dow, S&P, and Nasdaq all fell by 0.5% as the…
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S&P500(SPX500): Verso Livelli “Unchartered” S2: 3,480.6     S1: 3,509.8     R1: 3,571.3     R2: 3,603.6 L’indice S&P500 segna nuovi massimi storici in area 3,670, prima di flettere in modo composto e controllato sul finire…
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Crude prices have been higher this week. This comes in response to the better risk environment which has developed around the COVID vaccine news this week. Oil has been higher despite the latest report from the Energy Information…
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GBPJPY lost its footing in recent months as it was projected to bounce back to pre-pandemic levels in September. However, a downturn at the back end of Q3 saw the pair flirt with yearly lows before an upsurge in the price. Exhaustion is…
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The precious metal is attempting to make some gains on the day following the recent sharp sell-off from earlier in the week. Price action is now nearing the recent highs from just the day before. Still, the overall trend looks to be…
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WTI crude oil prices are trading somewhat soft but intraday gains are over one percent. The commodity initially rose to a two-month high before pulling back. The declines saw the 41.00 level being tested for support. With prices being…
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The British pound sterling is posting gains for the second consecutive day. The declines come with a mix of a broadly stronger US dollar and the GDP data. The declines in the GBPUSD has pushed the currency pair to test the 1.3122…
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The euro currency is trading bullish, paring losses from Wednesday. The gains in the EURUSD come after the common currency lost the 1.1800 handle earlier. However, prices are trading just above this key support area. We could see…
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Earnings Miss Revenues Beat US social media titan Twitter has seen its share prices continue to rebound over recent days. This follows the strong sell-off we saw at the end of last week. The company reported third-quarter earnings per…
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