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 has been trading sideways for the past trading sessions, with the latest move in the red. The 50-day moving average appears ready to go up, indicating that traders are bullish on …
Daily Market Charts and Analysis November 13, 2019 Read More »
The British pound money finally fell yesterday against the greenback and other currencies in sessions. The sterling first tried to hold on to its levels earlier during Tuesday’s trading and eventually failed in the latter half. The British pound futures tumbled 0.16% or 0.0020 during yesterday’s trading. GBP traders were upset as the futures appear …
The British pound money edges down during this Tuesday’s trading following the British economy avoiding a recession. The sterling and its futures are currently holding steady in sessions, not rallying but also not letting other currencies gain ground. The British pound contract slipped by only 0.07% or 0.0009 points in today’s trading sessions. The futures …
Pound Money Slightly Edges Down this Tuesday | Wibest Read More »
On November 11, the stock markets declined due to the problems connected with the political crisis. Demonstrations started a long time ago. However, several incidents that happened on Monday increased the level of violence. On Monday, a traffic officer shot a young protester. According to hospital authorities, this protester is in critical condition. The same …
Here are the latest market charts and analysis for today. Check them out and know what’s happening in the market today. EURDKK The pair has been trading sideways in recent weeks on the daily chart, but the price is trading at multi-month highs reached last June. Moving averages recently confirmed the golden cross, which means …
Daily Market Charts and Analysis November 12, 2019 Read More »
The GBP USD trading pair finally gained yesterday after the US dollar struck its short-term highs on last week’s trading. The pair did not manage to break down through its support last week and is on its way to recovery. The British pound was saved as Britain’s economy managed to avoid a recession. The UK’s …
Europe’s second-largest is struggling as economic expansion fell to the lowest level in almost a decade. The Office for National Statistics released information regarding the economy. In the third quarter of 2019, the economy expanded by 0.3%; as a result, the economy avoided a recession. However, this number is lower than expected, as economists thought …
Oil Petroleum prices fell hard during this Monday’s trading sessions. Traders are still not done digesting the increase in US stockpiles reported by the EIA and API last week. The market started the week with a strong hangover from last week’s inventory reports. Unfortunately for traders, OPEC and US-China trade war news also added up …
On Monday, tensions escalated in Hong Kong. The demonstrations started several months ago in June. On November 11, several incidents took place in Hong Kong. Due to the problems connected with the political crisis Hong Kong stocks declined on Monday. Early in the day, a traffic officer shot a young protester. As a result of …
Here are the latest market charts and analysis for today. Check them out and know what’s happening in the market today. AUDCHF The pair is trading in the red at present, but the current trend it is traversing is notably upwards, after going down in the month of September. The 50-day moving average is also …
Daily Market Charts and Analysis November 11, 2019 Read More »
Stocks and the global economy On Friday, shares in Asia due to the uncertainty connected with U.S-China trade talks. Investors are trying to analyze the recent news which came from the Chinese Commerce Ministry. On November 7, Gao Feng, who is a spokesperson for China’s Commerce Ministry made a statement that helped to boost the …
On Thursday, the Chinese Commerce Ministry released information, which created confusion among analysts. According to the Chinese officials, China and U.S. agreed to scrap the existing tariffs as part of a “phase one” deal. Moreover, U.S. officials also confirmed this information. It is worth mentioning that tariff rollback was not part of the initial deal …
Here are the latest market charts and analysis for today. Check them out and know what’s happening in the market today. USDJPY The pair is trading on an uptrend, and it recent broke above the 200-day moving average on the daily chart after struggling to move through a key resistance line. Thanks to the ebbing …
Daily Market Charts and Analysis November 08, 2019 Read More »
Eurozone’s economic expansion is under question European Union’s executive arm, which is the European Commission released a forecast which underlines the current economic situation. On Thursday, this forecast became available to the public. According to this forecast, the euro zone’s economy will grow by 1.1% in 2019 and 1.2% in 2020. It means that in …
The single currency steadied against the US greenback in today’s trading after the IMF slashed Eurozone growth forecast. On the other hand, the bloc’s September retail sales volume went up, according to the EU’s statistical office. The two contrasting data prevented the euro to even fall or rise against the US dollar. The EUR USD …
Eurozone News Props Up the Single Currency | Wibest Read More »
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