2021

The euro currency is strongly consolidating within the resistance levels of 1.2177 and 1.2144. Price action managed to rise to the upper level of the range before giving back the gains. The volatility in the tight range comes as the…
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NATURAL GAS (NGAS): Supporto a 2.78 in Validazione S2: 2.789     S1: 2.834     R1: 2.944    R2: 3.009 Le quotazioni del Natural Gas si trovano in una fase di trading range a maggior propensione rialzista con resistenza estrema a…
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Shares in US social media giant Facebook are trading a little higher ahead of the US open on Tuesday. The company’s shares have been under selling pressure over recent days amidst the broader sell off in tech stocks as US inflation…
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Next month's policy meeting of the RBNZ is going to be pivotal because we can expect a policy change announcement. In the world of central banks, that means that in tomorrow's meeting, the bank is likely to hint at what the announcement…
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EURUSD is forming a global bullish impulse that consists of primary sub-waves ①-②-③-④-⑤. Since the beginning of 2021, the market has started to move lower in the corrective wave ④. According to its internal structure, it takes the form…
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USDMXN is looking to break away from the descending price action that has blighted a potential move to the upside. The significant false breaks over the past 6-months have led prices to pre-pandemic lows. However, since the mid-$19…
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Greenback Continues Downside Bias The US index dropped a further 0.25% at the start of the trading week, as it slumped further towards the 90 handle. With its third straight day of declines, investors continue to focus on deliberations…
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The precious metal is posting strong gains on Monday, capitalizing on a weaker greenback. As a result, price action is up over 1.5% intraday and is trading near a four-day high. Despite the current gains, XAUUSD will need to breakout…
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WTI crude oil prices are looking bullish with price action posting a strong recovery after the declines from Thursday and Friday last week. For the moment, price is yet to breakout above last Thursday’s highs of 62.22. But this is…
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The British pound sterling maintains a strong hold on the bullish momentum with six consecutive weekly gains so far. Price action is nearing the April 2008 highs of 1.4376. The strong uptrend could be further cemented if the cable breaks…
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