2021

Dollar Remains Depressed The US index fell for a fourth consecutive session as it closed 0.10% lower on Wednesday. Core CPI figures came in relatively flat on a monthly basis for January as the greenback looks to retreat to monthly…
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The British pound sterling continues to rise higher, marking a new high of 1.3866 intraday. But price action is pulling back after testing this level. The Stochastics oscillator is firmly in the overbought levels supporting the upside…
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The euro currency continues to push higher, rising for the third consecutive day, to a two-week high. The gains, however, are slowing as price moves closer to the 1.2144 - 1.2177 level of resistance. We also continue to see the hidden…
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Crude Supported By better Risk Appetite Crude oil prices have extended their 2021 rally this week with the market adding a further 3.3% as of writing. Oil prices have been on an impressive run-up since November 2020. Better risk…
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Shares in US social media giant Twitter are trading at fresh highs ahead of the US open on Wednesday. The company’s stock price has been on an explosive rally off the 2021 lows printed in early January with shares recovering from lows…
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There is a saying in investing: when a trading idea is being talked about on the mainstream media, the opportunity is passed. Although, that may be an updated version of a truism developed in the '30s. The general idea is that when…
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DAX (Germany 30): Dax In Upside Ma Con Bassi Volumi S2: 13,912     S1: 13,962     R1: 14,061     R2: 14,111 L’indice DAX segna nuovi massimi storici in area 14.200, prima di abbozzare una flessione in modo composto e controllato che…
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EURUSD seems to be forming a major primary bullish impulse. The bearish correction wave ④ has recently completed, which formed a zigzag consisting of sub-waves (A)-(B)-(C). In the short term, the primary wave ⑤ could reach the…
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Sell-Off Continues The dollar index slumped another 0.53% lower yesterday as it falls closer to the 90 handle. Bears are now attacking late January lows amidst the fragile outlook for the currency, with looming monetary aid in focus.…
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