2021

The precious metal was trading below the 1850 level just ahead of the Fed meeting. However, the declines coincide with the Stochastics oscillator also moving close to the oversold levels. As a result, we could see price attempting to…
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Oil prices remain flat for yet another day. Price action briefly fell to the floor near 51.87 from the sideways range. But prices quickly recovered off this level intraday. For the moment, the sideways range remains intact and oil prices…
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The British pound sterling gave back some of the gains from Tuesday on an intraday basis on Wednesday. Price action once again attempted to post new highs but failed to build up the momentum. The consolidation near the 1.3700 level…
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The euro currency, along with many of its peers was trading mixed on Wednesday. This comes as the dollar briefly strengthened into the run-up to the Fed meeting. Price action lost the support off the minor trend line and briefly fell…
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Shares in General Electric are trading a little higher pre-market. Its been a volatile week for the company’s stock price which saw a sharp reversal lower yesterday despite a better than expected set of fourth-quarter earnings. Shares in…
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Social media has been abuzz after there were numerous traditional media reports of 23 people in Norway dying after getting the Pfizer/BioNTech covid vaccine. Authorities were quick to clarify that there was no link between the vaccine…
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The USDCAD currency pair forms a primary wave Ⓩ which is part of a global triple zigzag. The bearish wave Ⓩ takes the form of an intermediate (A)-(B)-(C) zigzag, with the final impulse wave (C) under development. Minor corrective wave…
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NZDCAD has seen a progressive shift to the upside in recent months, after the bounce at the 61.8% of the 0.9008/0.8018 Fibonacci leg. Bias turned to the upside after the specified support, as prices look to continue the acceleration.…
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DAX Fut. (DE30): Dax Future In Congestione Rialzista S2: 13,454     S1: 13,672     R1: 14,015     R2: 14,140 Buon ritorno di forza per l’indice tedesco Dax nell’ultima sessione prima di Natale che si svincola dall'aggressione…
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Dollar Slides Ahead of FOMC The dollar index closed 0.27% lower yesterday as we await the latest Fed meeting. FOMC investors are anticipating a dovish tone from the Fed, as there is apprehension about a delay in rolling out President…
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