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 is trading weakly after reaching weekly highs in the previous sessions. At the same time, intraday record lows have been reached. The price is traded above the 50-day moving average but …
Daily Market Charts and Analysis October 02, 2019 Read More »
The Reserve Bank of Australia unleashed another stimulus package yesterday causing the GBP AUD trading pair to go up. The Australian dollar was crushed after the RBA’s announcement yesterday. RBA governor Philip Lowe delivered another major stimulus for the Australian economy as he and the RBA board decide rate cuts. The new interest rate level …
The Geneva-based organization released a statement regarding global trade. The World Trade Organization decided to lower its forecast for 2019 as well as 2020. It is not surprising as the global economy is slowing down. There are many reasons which had a negative impact on the economy. The trade war between the U.S. and China …
The World Trade Organization and the global economy Read More »
Here are the latest market charts and analysis for today. Check them out and know what’s happening in the market today. AUDJPY The pair is trading in the red, although the 50-day moving average serves as a solid support base line for the price. It has recently reached week highs, but it then settled the …
Daily Market Charts and Analysis October 1, 2019 Check it Read More »
Oil prices contract in today’s trading as the Chinese economic outlook continues to falter despite improvement in other sectors. Traders remain worried about China’s economy and its performance in the long run as the trade war continues. The prolonged dispute between the US and China have dented the demand growth of one of the largest …
Oil Prices Fall Against Weak Chinese Data | Wibest Read More »
Company founded by South Korean immigrants filed for bankruptcy in the U.S. This company dates back to 1984 when husband Do Won Chang and his wife Jin Sook Chang founded the company. The first store was located in Los Angeles. It is important to mention that the headquarters of Forever 21 are still in the …
Once a thriving U.S. Company filed for bankruptcy Read More »
Here are the latest market charts and analysis for today. Check them out and know what’s happening in the market today. EURCAD The pair is expected to break down from a major support line, sending the pair lower toward its 30-month low. The relationship between the European Union and Canada is sitting on uncertainty following …
Daily Market Charts and Analysis September 30, 2019 Read More »
Last week the Australian money, or AUD, fought to gain in sessions before the RBA announcement this week. Reserve Bank of Australia governor Philip Lowe shocked the market last week when he said the Australian economy is at a “gentle turning point.” The confusing messages about the direction of the monetary policy in Lowe’s remarks …
Australian Money Defends Gains Last Week | Wibest Read More »
The Australian money, or AUD, rises in today’s trading ahead of the highly anticipated meeting of the RBA. Next week Tuesday, the Reserve Bank of Australia is set to announce its decision whether to hold or move its interest rates. As the RBA meeting approaches, the Australian money is doing its best to take advantage …
Australian Money Strengthens Ahead of RBA Meeting Read More »
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 is trying to perk up after plummeting to weekly lows in the recent session. The price still trades above the 2 moving averages (50-day and 200-day) on the daily chart, indicating …
Daily Market Charts and Analysis September 27, 2019 Read More »
Investing in the cryptocurrencies such as Bitcoin, Ethereum, Litecoin is a profitable business. It is interesting to have a look at how the crypto mining industry is working around the world. Crypto mining is not an easy process due to various factors. However, with proper knowledge and experience, this industry can boost the local as …
There are many fascinating facts about China. It has the largest population in the world. Moreover, there are only two countries with more than 1 billion citizens in China and India. However, it is only out of many interesting facts. Another one is that it is the third-largest country in terms of total area. For …
Cryptocurrencies became part of daily life. For example, a person can purchase NBA tickets, as two teams are ready to accept the crypto payments. There are other benefits as well. People are willing to invest in Bitcoin, Ethereum and other digital currencies. It is not surprising that tech giants such as Samsung already realized the …
Here are the latest market charts and analysis for today. Check them out and know what’s happening in the market today. EURDKK The trading pair EURDKK has fallen to weekly lows in recent sessions. Two sessions ago, the price has plummeted to monthly lows, nearly reaching the 50-day moving average line after breaking below the …
Daily Market Charts and Analysis September 26, 2019 Read More »
Thomas Cook Group plc dates back to 2007. It was created when two companies Thomas Cook AG and MyTravel Group decided to join the forces. As a result, one of the most prominent tour operators began offering its services to customers around the world. Thomas Cook provided various services from accommodation in hotels to aviation. …
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