2020

The S&P500 index spent most of last week hovering near the previous all-time highs of 3388 – 3389 region. However, price action failed to make any major moves over the week. As a result, while the index closed the week with gains,…
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The precious metal closed last week on a flat note, right after the strong declines from the week before. With price firmly below the 1967 level, we expect gold prices to consolidate in the near term. As long as price action is below…
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WTI Crude oil prices continue its consolidation with price action on Friday showing a modest pullback off the 42.00 level. From the current set up, oil prices are likely to see another attempt to trade above the 42.00 level. However,…
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The British pound sterling closed the week below the 1.3122 level. This price level held up as resistance earlier on, and on the first retest, managed to see prices bouncing higher. However, the gains off the rebound from this level saw…
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The euro currency was trading weaker last week, closing in the red on a weekly basis. But the declines came only after price action touched a new two-year high of 1.1965. If the current declines continue, EURUSD will be sliding toward…
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Amazon Rally Continues Shares in US tech giant Amazon are trading around 1.5% higher pre-market on the final trading day of the week. The rally comes in response to news that Amazon Prime has begun its joint service offering with UK…
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Netflix stock prices progressed creating higher lows since the beginning of the year. The search for record-high prices continues after witnessing a false break of the upper regression. The stock has been in an upward trend with prices…
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In this article, we will look at the period that follows a deflation, aiming to answer a not-so-simple question: “What is reflation in economics?”  Normally, following a period of economic uncertainty, like a recession, there…
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