2020

Reversal From Highs Shares in Chinese tech firm Alibaba are trading a little higher pre-market on Wednesday. However, shares remain well off the year’s highs. This is after they fell over 20% from the peak printed just shy of the 320 level…
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If the economy doesn't return to normal during the course of next year, it will have at least made substantial strides in doing so. As people start flying again, get back on cruises, and take holidays, demand for fuel and energy is…
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GBPUSD seems to have formed a cycle degree wave e that consists of primary corrective sub-waves Ⓐ-Ⓑ-Ⓒ. Wave e is part of a large triangle. Currently, prices are structuring a bearish impulse consisting of intermediate sub-waves. The…
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CRUDE OIL (US Crude Oil): Vitale La Tenuta Dei 45 USD S2: 45.83     S1: 46.42     R1: 47.78     R2: 48.55 Il quadro tecnico generale evidenzia per il Crude Oil una sostanziale stabilizzazione con quotazioni controllate al momento…
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The month of December can be a defining month for forex traders. The final month of the year offers the final chance to cement a solid performance or recoup losses. During the holiday period, flows are notoriously quiet into the back…
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The precious metal is trading weaker on Tuesday despite a modest risk-off sentiment. Price action is trading rather flat, indicative of the holiday-thinned trading. For the moment, gold prices are supported above the 1850 level. As…
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Crude oil prices are down about 1.25% intraday on Tuesday. The declines come following a nearly 3% decline on Monday. Price action is however trading near the support level of 47.17 for the moment. We could expect this level to hold…
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The British pound sterling is down close to one percent during intraday trading on Tuesday. The declines came as price action was trading flat within the weekend gaps over the past two weeks. The new virus strain that was reported saw…
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The euro currency is giving back the gains made earlier. The declines come following a rebound off the 1.2177 minor support from Tuesday. Following this rebound, prices failed to make any major gains, but only to fill the Dec 18 gap of…
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Shares in US tech icon Apple are trading 2.5% higher pre-market on Tuesday. The company has benefitted from the broad pick up in risk appetite over recent weeks. Apple Inc is continuing to trade higher this week despite the softer…
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