2021

WTI crude oil prices continue to maintain a mixed bias with prices giving back the intraday gains made. As a result, oil prices are once again trading near the lower end of the sideways range at 51.87. Given that this consolidation…
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Price action in the British pound sterling is on track to close with muted gains on Monday. This comes as the GBPUSD attempted to push higher intraday above the 1.3700 level. However, prices pulled back lower to briefly test the…
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The euro currency is looking to break out from the technical resistance range of 1.2177 and 1.2144. However, price action remains weaker as it struggles to break out from this range. Meanwhile, the ascending triangle pattern continues to…
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Strong Q4 Results Shares in Procter and Gamble are continuing to decline this week. The company has now seen its stock price falling 11% from the highs posted in Q3 last year. Shares have come under fresh pressure over recent days despite…
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As with all political issues involving legal technicalities, the reality of the situation is a lot more complicated than what the fervent followers of either side of the political spectrum might like. But, given that it might have some…
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EURCHF(EURCHF): Euro Cristallizzato In Trading Range S2: 1.0743     S1: 1.0757     R1: 1.0784     R2: 1.0797   Sul finire dell’anno EURCHF è salito fino a 1.09 formando un massimo relativo per poi consolidare con supporto…
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USDCHF Sinks to 6-Year Lows The US dollar’s rebound has mirrored the pause in the equity market. This probably has more to do with profit-taking than anything else. Indeed, optimism is hard to fade when Janet Yellen,…
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Last week’s highlights Australia retail sales drop 4.2% in December The latest retail sales report from Australia saw some bad news as the total value of retail sales fell 4.2% in December. The data released by the Australian Bureau of…
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US equity markets rose to new all-time highs last week, cheering on the new administration. The S&P500 Index settled at 3839 on Friday, closing a tad lower after rising to 3868 on Thursday. The VIX index continues to remain around…
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