Quick Look: USD/CHF exhibits a neutral stance, attracting attention from traders and analysts. Recent technical indicators suggest a potential trajectory shift, like MACD on the 4-hour strategy. A temporary top was established at 0.9019; robust support at 0.8838 indicates a potential rebound. The longer-term perspective shows the corrective pattern from the medium-term bottom, upside capped …
Here are the latest market charts and analysis for today. Check them out and know what’s happening in the market today. EURCAD European Central Bank President Christine Lagarde reaffirmed her stance on inflation. The central bank chief said that rising prices are a result of economic reopening. Her statement reflects the same position by the …
Daily Market Charts and Analysis September 30, 2021 Read More »
Here are the latest market charts and analysis for today. Check them out and know what’s happening in the market today. GBPUSD The British Manufacturing PMI inched lower at 60.3 points compared to July’s 60.4 points result. Nevertheless, the reported figure defied expectations of 60.1 points for August. The Nationwide HPI published on September 01 …
Daily Market Charts and Analysis September 02, 2021 Read More »
Here are the latest market charts and analysis for today. Check them out and know what’s happening in the market today. NZDCAD Online spending in New Zealand was up 4.0% in April. Meanwhile, the annualized data showed a 108.71% jump in electronic card retail sales last month compared to the same month in 2020. On …
Here are the latest market charts and analysis for today. Check them out and know what’s happening in the market today. NZDCAD New Zealand’s unexpected decline in imports and exports prices will take a toll on the New Zealand dollar. The figures for imports and exports prices reports were -3.7% and -8.3%, respectively. With regards …
Daily Market Charts and Analysis December 02, 2020 Read More »
Here are the latest market charts and analysis for today. Check them out and know what’s happening in the market today. GBPUSD The United Kingdom continues to outperform its peers in Europe. While the EU and its member states are expecting lower results for today’s report on Composite, Manufacturing, and Services PMI, forecasts for the …
Daily Market Charts and Analysis November 23, 2020 Read More »
Here are the latest market charts and analysis for today. Check them out and know what’s happening in the market today. GBPUSD Democrat Joe Biden’s victory in the US presidential elections is projected to continue Sterling’s nine-week high versus the dollar. Riskier currencies are projected to gain a bullish momentum as investors turned optimistic towards …
Daily Market Charts and Analysis November 09, 2020 Read More »
Forex trading involves buying and selling currencies. A trader buys a currency and sells that later to get the profit from the price difference. Typically, currencies are traded in pairs, in which one currency is quoted against others. In currency pairs, you will get to see two currencies. The first currency is known as the …
The Ultimate Guide to the Most Traded Forex Pairs Read More »
Here are the latest market charts and analysis for today. Check them out and know what’s happening in the market today. NZDCAD Jacinda Arden kept her place as the Prime Minister of New Zealand last weekend. Traders are expected to bet their money on her commendable response against the coronavirus earlier this year as its …
Daily Market Charts and Analysis October 21, 2020 Read More »
Here are the latest market charts and analysis for today. Check them out and know what’s happening in the market today. GBPCAD The UK economy might experience a devastating winter, judging by the slowing economy seen in August. The Office for National Statistics said in a statement that the UK grew by not more than …
Daily Market Charts and Analysis October 13, 2020 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 Thanks to a rise in optimism in the eurozone’s services sector as announced on Tuesday, the euro currency is projected to continue its strong bullish track against the Canadian loonie. The European Commission …
Daily Market Charts and Analysis September 30, 2020 Read More »
Here are the latest market charts and analysis for today. Check them out and know what’s happening in the market today. GBPUSD More and more investors are concerned that corporate layoffs are still elevated despite the new focus on employment records for the months ending December 31. Even with the US Congress and Federal Reserve’s …
Daily Market Charts and Analysis September 11, 2020 Read More »
Here are the latest market charts and analysis for today. Check them out and know what’s happening in the market today. NZDCAD Canada’s economy is expected to continue its relatively fast economic regrowth over the rest of summer and fall, according to the Conference Board of Canada. The news led the NZDCAD pair’s 50-day moving …
Daily Market Charts and Analysis August 25, 2020 Read More »
Here are the latest market charts and analysis for today. Check them out and know what’s happening in the market today. NZDCAD Despite downsides predicted by other experts weeks ago for the pair, the New Zealand dollar continued to prove that it has more strength than the Canadian dollar. The exchange rate is widely projected …
Daily Market Charts and Analysis August 03, 2020 Read More »
Here are the latest market charts and analysis for today. Check them out and know what’s happening in the market today. NZDCAD The New Zealand dollar’s rally has slowed down this Wednesday as investors wait for Beijing’s response to Washington. Despite that, the NZDCAD trading pair is still predicted to climb higher eventually and reach …
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