Daily Market and Charts Analysis
Here’s the daily charts and market analysis for November 28, 2018. Check them out!
Asian countries
Charts and Market Analysis November 27, 2018
Here are the most recent and freshest updates on currency pairs’ chart movements and analysis. Read more!
LiteForex Brings Back ZERO Fee Program
Liteforex, an online forex broker that was established in 2005, is bringing back its reimbursement program. Read here!
Greenback Steady on Trump’s Comments on Trade War
The greenback was steady on Tuesday as fresh concerns about the US-China trade war buoyed safe haven currencies. Read more!
Bitcoin Rallies After Massive Weekend Selloff
Bitcoin rallied 7 percent on Monday in Asia after slipping below $3,500 on Sunday. Other major currencies also rallied. Read more here!
Oil Prices Recoup Losses after Massive Plunge
Oil prices on Monday pared back some of their losses from a nearly 8 percent plunge during the previous session. Read more here!
Asian Stock Markets, US Futures Higher Over Holiday Sales
Asian stock markets and US equity futures posted decent gains on Monday over the hopes of a solid US holiday sales. Read more here!
Dollar Rallies on Risk-Averse Global Sentiment
The dollar experienced massive gains as investors flocked the world’s most liquid currency on fears of a slowdown in global economic growth. Read more here!
Charts and Analysis November 23, 2018
EURTRY The pair was struggling to breakout of the downtrend. The draft negotiation deal between the European Union and the United Kingdom was already approved by UK’s Ministers and Parliament, which signals the eventual departure of UK from EU. Though the negotiation was a win-win situation, the EU will lose a member with the biggest …
Charts and Analysis November Major Pairs Update
EURUSD The pair is expected to continue to go lower after it broke down a major support from August. The European Union was expected to go into recession after the United Kingdom will go out of the European Union, since it was the largest economy among the 28 member nations. A weaker Eurpean Union, a …
Charts and Analysis November 19, 2018
EURTRY The pair was struggling to breakout of the downtrend. The draft negotiation deal between the European Union and the United Kingdom was already approved by UK’s Ministers and Parliament, which signals the eventual departure of UK from EU. Though the negotiation was a win-win situation, the EU will lose a member with the biggest …
Asian Shares, US Equities Trade in the Red
Anxiety about China’s sluggish economy growth spill across Asian markets on Monday while US stock futures turning down and Chinese shares lingering in the red as concerns about US corporate earnings and global growth continued to pull down sentiment. E-mini futures for the S&P 500 and Dow e-minis slipped around 0.3 percent each, giving up …
World Stock Markets Tense after Gloom in Asian Trading
Friday was still markedly turbulent for world markets as economic news focused of the slide on Asian shares to 20-month lows. Meanwhile, S&P futures fell steeply and China’s yuan weakened. Anticipation for corporate profits also added to the lingering fears toward global trade and economic growth. In a sign of shaky investor confidence, the gloom …
World Stock Markets Tense after Gloom in Asian Trading Read More »
Euro Slides on German Chancellor News
The euro weakened on Monday after a report said that German Chancellor Angela Merkel will not seek re-election as party chairwoman, marking the end of a 13-year era in which she has dominated European politics. [img desc: Angela Merkel announces she wouldn’t seek re-election] The euro slipped 0.4 percent to reach a day’s low …
US Dollar Nears 10-Week Highs Ahead of US Growth Report
The dollar was near a 10-week high on Friday as investors anticipated the US economic growth figures’ impact on its continuing strength that has been going on for months in the forex world. US President Trump has been outspoken about his displeasure over the dollar’s strength, deviating from a custom in which US presidents try …
US Dollar Nears 10-Week Highs Ahead of US Growth Report Read More »
