USDHKD The pair is expected to break down from 200 MA, which will send the pair lower towards a major support line. U.S. President Donald Trump made his most extensive comment suggesting that Hong Kong’s protest movement fate be tied to a trade deal between the United States and China. This was after China accused …
NZDCAD The pair traded within a channel in the past months, overall pursuing a downtrend as the Canadian dollar gathers strength from the perking up in oil prices. On the NZD side, the bank has implemented aggressive rate cuts in recent weeks. According to the central bank’s assistant governor, such aggressive moves decreased the need …
USDPLN The pair was expected to move higher in the following days after it found a strong support line. Poland was sliding back from the European Union despite the efforts by the new European Commission President, Ursula von der Leyen, to unite the EU-member states. Poland supports the proposal by the Ukrainian President Volodymyr Zelensky …
Here are the latest market charts and analysis for today. Check them out and know what’s happening in the market today. GBPCHF The pair has been trading lower in recent weeks, with the British pound losing strength against the safe haven Swiss franc in the past months but now appearing to point upwards after reaching …
Daily Market Charts and Analysis August 20, 2019 Read More »
AUDCAD The pair continues a downward trend as it stays inside the parallel channel established in April. The 50-day moving average is going further away from the 200-day moving average, pursuing a downward slope and therefore indicating bearish sentiment in the short term. The Aussie dollar continues to gain bias on the upside as the …
USDCAD The pair is expected to breakout from 200 MA, which will send the pair higher towards the nearest resistance line. Canada’s ethics commissioner released a report that found Canadian Prime Minister Justine Trudeau violated ethics rules when he tries to pressure his former justice minister and attorney general to drop criminal charges against a …
USDCZK The pair was expected to breakout from a major resistance line, which will send the pair higher toward its 27-month high. A stronger Czech Republic will be beneficial to the United States. Among the 28 EU-member states, Czech Republic has the lowest unemployment rate. Aside from this, the Visegrad Group – comprising of Hungary, …
EURCZK The pair failed to breakout from a major resistance line, sending the pair lower towards a key support line. The future relationship between the European Union and the Eastern and Nationalist bloc inside the EU, the Visegrad Group, was still uncertain. This was following the election of the new European Commission President Ursula von …
Here are the latest market charts and analysis for today. Check them out and know what’s happening in the market today. EURNOK The pair will continue to go up after it found a strong support from a major support line, sending the pair higher to retest its previous high. Norway found radioactivity in the air …
Daily Market Charts and Analysis August 12, 2019 Read More »
Here are the latest market charts and analysis for today. Check them out and know what’s happening in the market today. AUDNZD The pair is expected to breakout from MAs 50 and 200 and head towards a key resistance line. Australia and New Zealand is on a race towards a negative interest. Last June, the …
Here are the latest market charts and analysis for today. Check them out and know what’s happening in the market today. GBPNZD The pair failed to breakout from 200 MA after it broke out from 50, which will send the pair lower towards a downtrend channel resistance line. New Zealand’s central bank, the Royal Bank …
Here are the latest market charts and analysis for today. Check them out and know what’s happening in the market today. AUDNZD The pair will further go lower in the following days after its attempt to break out from 200 MA failed. Australia and New Zealand shares skepticism over US President Donald Trump’s plan to …
Here are the latest market charts and analysis for today. Check them out and know what’s happening in the market today. EURTRY The pair slipped below the 200-day moving average and stayed near an upward slanting resistance line, and is now trading in ranges, although the general direction is downwards. On the euro side, Eurozone …
Daily Market Charts and Technical Analysis August 7, 2019 Read More »
Here are the latest market charts and analysis for today. Check them out and know what’s happening in the market today. NZDJPY The pair was seen to continue its steep decline after it broke down from major support lines, sending the pair lower toward its 80-month low. New Zealand Dollar broke down following the decision …
Here are the latest market charts and analysis for today. Check them out and know what’s happening in the market today. USDJPY The USDJPY plummeted steeply as risk aversion dominated the forex markets on Monday after China let the Chinese yuan fall below the psychologically important 7 levels. Consequently, the dollar weakened against the Japanese …
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