2020

The British pound sterling closed the week on a slightly more positive note after falling to a two-week low earlier. As the current rebound is pushing the cable close to this level once again, price action is trading below the 1.3000…
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The euro currency continues to remain sold with price falling for five consecutive daily sessions. At the current pace of declines, the common currency is on track to drop to the September 28, 29 lows of 1.1611. This also coincides close…
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Revenues & Earnings Higher US tech giant Amazon came out with a blistering set of Q3 earnings this week. Following on from the solid earnings beat in Q2, Amazon posted third-quarter earnings per share of $12.37, firmly beating…
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Like with all elections, there is a difference between what politicians say they will do, and what they actually end up accomplishing. Or whether they even try in the first place. The market doesn't care about the promises of…
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EURJPY turned lower since it extended to the 150% FE of CD of a classic AB=CD pattern above the 127 handle. Somewhat supported by a weak double-top formation and bearish divergence signals on both the MACD and RSI, yen flows ended having…
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IBM (IBM.N): Prova Di Tenuta Dei Supporti S2: 103.65     S1: 105.15     R1: 108.92     R2: 111.19 Il colosso informatico USA dopo aver violato i supporti a quota 115 sembra aver intrapreso un trend ribassista di breve periodo,…
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The precious metal is also bearing the brunt of a stronger greenback. Price fell to a four-week low, extending upon the sharp declines from Wednesday. This puts price action on track to test the 1850 level of support that has formed.…
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Gold The yellow metal has been firmly lower this week, in response to the rally which has taken place in the US dollar. It seems that amidst the building fears around a second wave of COVID-19, safe haven flows have gravitated back…
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Oil prices continue to extend losses, falling over four percent intraday. The declines saw oil prices falling to a four-month low at 34.91. However, we see a modest recovery from these lows. But now, price will need to challenge the…
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