Here are the latest market charts and analysis for today. Check them out and know what’s happening in the market today. USDCZK The pair has yet again used the 200-day moving average, reversing right on top of the average after using the 50-day moving average above as a resistance. Should the pattern continue, it could …
Daily Market Charts and Analysis December 04, 2019 Read More »
The upbeat results from the Chinese manufacturing PMI report were not good enough to bolster the yuan in sessions. The yuan had a bad run yesterday against the greenback, aussie, and kiwi. The CNY CNH or yuan to yuan offshore exchange rate flatlined at -0.02% or 0.0002 points on Monday. The greenback was quick to …
Chinese Manufacturing Data Fails to Lift Yuan | Wibest Read More »
Yesterday was the first trading day of December. Chinese factory activity surprised the analysts and helped to improve the market sentiment. Stocks benefited from this news. On December 2, a private survey of Chinese factory activity surpassed market expectations. The Caixin/Markit manufacturing Purchasing Managers’ Index (PMI) reached 51.8 in November. Economists expected that the PMI …
Stocks: Chinese factory activity lifted the market sentiment Read More »
Here are the latest market charts and analysis for today. Check them out and know what’s happening in the market today. USDSEK Many traders are selling the pair in recent trading sessions, with price moving lower and toward the 200-day moving average. For this pair, the 50-day and 200-day moving average often act as solid …
Daily Market Charts and Analysis December 03, 2019 Read More »
The world economy is slowing down. However, this is not the only reason to worry about the future of the economy. Another problem is that the global economy depends on debt, which is a serious issue in the long run. A decade of easy money created many problems for the private as well as governmental …
Today is the first trading day of December. The good news is that stocks in major Asian markets increased thanks to Chinese factory activity. On December 2, mainland Chinese stocks strengthened their positions. The Shanghai Composite gained 0.13% to around 2,875.81. Meanwhile, the Shenzhen component rose 0.24% to 9,605.19. Another Chinese index, which is the …
Here are the latest market charts and analysis for today. Check them out and know what’s happening in the market today. USDMXN The pair is trading in the green, gathering upward momentum after breaking above both the 50- and 200-day moving average. The pair has experienced a downtrend after its late-August highs, using both the …
Daily Market Charts and Analysis December 02, 2019 Read More »
It is a well-known fact that Apple is one of the biggest tech companies in the world. Its products, such as iPhone, iMac, iPod, and others are famous for innovative technologies. The Cupertino-based company created many products that helped to make everyday life easier for millions of people. It is one of the biggest smartphone …
Hyundai Oilbank is looking to improve its sales in the vessel fuel oil and petroleum department with its new innovations. The South Korean oil company introduced a very low sulfur fuel, or VLSFO, product soon. The company announced the new product on Thursday, November 28. Hyundai’s decision caters to the demand for cleaner energy sources …
Hyundai Oilbank Aims to Boost Sales with VLSFO | Wibest Read More »
Here are the latest market charts and analysis for today. Check them out and know what’s happening in the market today. EURPLN The pair is going up, as expected from the bullish cypher pattern which reached its completion early in November. The price has now broken above both the 50-day and 200-day moving average and …
Daily Market Charts and Analysis November 29, 2019 Read More »
Stocks in Asia experienced problems on Thursday. The major factor which affected the stock markets is the law signed by U.S. President Donald Trump. He signed into law two bills, which may jeopardize the future of the trade talks. Moreover, by approving these bills Trump administration underlined its support to the demonstrators in Hong Kong. …
The currencies from Latin American countries are some of the worst-performing players in the forex market this year. As the end of 2019 draws closer, forex traders from the region have started to lose hopes for a significant rebound. Riots and violence across the region have affected the currencies of each country. Among all of …
One of the factors which may influence the stock markets around the world is the economy. It means that economic expansion is directly connected with the stocks. For example, the U.S, economy in the third quarter of 2019, grew at a 1.9% annual rate. It means that compared with the first quarter of 2019, growth …
Here are the latest market charts and analysis for today. Check them out and know what’s happening in the market today. USDDKK The pair recently reached two-week highs, coming closer to its October highs. Prices have been pursuing an uptrend, following the trajectory of the 50-day and 200-day average. Traders can time this trend to …
Daily Market Charts and Analysis November 28, 2019 Read More »
Fortunately for the Brazilian real, the Central Bank of Brazil stepped in and prevented it from falling again. However, traders are still skeptical about whether the real could stand against the greenback in the coming sessions. This week, the country’s Economy Minister Paulo Guedes gave a controversial and provocative speech at Washington. His remarks addressed …
How Low Can the Brazilian Real Go? | Wibest Broker Read More »
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