2021

The British pound sterling made a sharp recovery with price action on Friday posting a strong rebound. The gains put the GBPUSD back near the previous highs at 1.3866. But with the Stochastics oscillator signaling a lower high, we could…
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The euro currency touched a three-day low on Friday at 1.2080 before recovering. Price action is subdued for the past three sessions with a lower high currently forming. This comes after price slipped to a three-month low at 1.1951 on…
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Usually, when a central banker ends his tenure, he goes on to a relatively quiet life of consulting in the private sector and academia. Former ECB President Trichet, for example, has remained mostly out of the public eye. Ben Bernanke…
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Shares in General Motors have been trading lower over recent days with price reversing from the second test of the 56.98 highs. GM shares had enjoyed a firm rally over 2021 initially with price rising over 42% from the lows around the 40…
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NATURAL GAS (NGAS): Struttura Rialzista Per Il Natural Gas S2: 2.71     S1: 2.79     R1: 3.01    R2: 3.12 Le quotazioni del Natural Gas si trovano in una fase di trading range a maggior propensione rialzista ed ora in prossimità di…
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EURCAD has witnessed a choppy battle to reclaim a positive move towards 2020 peaks. Currently, the currency pair is finding some support at yearly lows at the 1.53 region. A move higher is now evident with prices breaking through the…
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Greenback Edges Lower The dollar index spiked precariously lower to the 90 handle yesterday, falling by a further 0.10%. Jobless claims fell to their lowest in four weeks. However, the figure of 793k is still high due to a slowdown in…
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Gold It's been a much better week for gold prices. The safe-haven asset found demand on the move sub-1800 and saw price rallying back up to midweek highs of around 1850. The continued sell-off in the US dollar has been the main…
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