2020

US tech giant Apple unveiled its latest range of laptops this week. Notably, the company’s new MacBook range will for the first time run ofF an in-house processor. The M1 chip marks the first time that Apple has transitioned away from Intel…
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Tomorrow the Central Bank of Mexico will publish its latest rate decision, in a particularly precarious moment for the markets. There has been a surge of optimism of late after the data from Pfizer and BioNTech's covid vaccine. And we're…
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DAX (Germany30): Attesa La Rottura Dei Massimi Storici S2: 12,722     S1: 12,946     R1: 13,313    R2: 13,456 L’indice tedesco DAX ha guadagnato forza relativa superando di slancio quota 12,500, resistenza intercettata 2 STDV sotto…
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The current GBPUSD structure shows a bullish impulse Ⓒ, consisting of intermediate sub-waves (1)-(2)-(3)-(4)-(5). Wave (4) completed as a horizontal contracting A-B-C-D-E triangle. We could expect a rise in wave (5) near the 1.368…
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AUDJPY has seen a bullish ascendency which has propelled the currency pair to multi-month highs. By remaining above the 61.8% area of the 78.45/73.12 downside Fibonacci leg suggests that the bias remains on the upside. Prices are now…
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Dollar Remains Cautious  The US index gave way to some of Monday’s gains as it closed slightly lower yesterday. The dollar continues to look at the US political scenario in the wake of Joe Biden’s victory. Donald Trump is still pressing…
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The precious metal is trading about 1% higher on Tuesday. The gains came after price action fell to the 1850 level briefly. With traders rejecting prices near this level, gold prices made a modest bounce to the upside. Despite the…
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Oil prices pulled back after testing the technical resistance area near 41.00 on Tuesday. However, oil recouped the bullish momentum, and the commodity is now attempting to break past this psychological barrier. A strong breakout…
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The British pound sterling is looking to build upon the gains from Monday. However, as price approaches the 1.3300 handle, the momentum is losing steam. This could see prices pulling back in the near term. Any downside declines will…
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The euro's failure at the 1.1900 level is pushing price action lower. At the time of writing, the common currency is trading near the 1.1800 level. With the trend line and the horizontal support area, price action could be moving into a…
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