President of China Indicates Trade War Not To End Yet
Xi Jinping signaled that trade war will not end soon and China is not going to cave in. Click for more information! – Wibest Broker
Tariffs
Nike And Other Footwear Giants on Trump’s Tariff
Nike and other footwear companies signed an open letter for Trump to reconsider his tariffs. Click here now! – Wibest Broker
Daily Market Charts and Analysis May 20, 2019
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 was seen to fail to break out from the downtrend channel resistance line, sending the pair lower towards the nearest support line. Japan was set to dominate globalization after the country …
Forex Markets weaken as Trade War Extends
FOREX MARKETS – After the latest growth in the trade war between the United States and China on Monday, the Chinese yuan and Australian dollar plunged. Meanwhile, the safe-haven yen strengthened slightly. As Washington demanded promises of concrete changes to Chinese law and Beijing on Sunday, stating it would not swallow any “bitter fruit” that …
Oil Inventories: Prices dropped amid US-China Trade Talks
Oil Inventory Report: Price decline on trade battle despite the sudden fall in US crude inventories. Click here now! – Wibest Broker
Gold Exchange Rate Stood Flat Before US-China Trade Talks
Gold Exchange rates held firm as US-China trade talks await. Want to know more? Click here now! – Wibest Broker
Trump Tariff Threat Sends Asian Market into Disarray
ASIAN MARKET – U.S President Donald Trump on Sunday threatened to increase tariffs on $200 billion worth of Chinese goods from current 10% to 25% by Friday a further $325 billion “shortly.” The tweet comes days ahead of the final round of U.S-China trade talks on Wednesday when the Chinese delegation is expected to jet …
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Daily Market Charts and Analysis May 1, 2019
Here are the latest market charts and analysis for today. Check them out and know what’s happening to the market today. CADJPY The pair was seen to fail to break out from 50 MA, sending the pair lower to the nearest support line. As Canada struggles with its relationship with China following it arrest of …
Daily Market Charts and Analysis April 18, 2019
Here are the latest market charts and analysis for today. Check them out and know what’s happening to the market today. USDJPY The pair was seen consolidating from the downtrend resistance line, which will send the pair lower to a major support line. The United States and Japan kick off the first day of trade …
Trade Agreement: EU, US to Enter Trade Talks
TRADE AGREEMENT – On Monday, final clearance was given by the European Union countries with the United States after months of delay due to French resistance, in starting the formal trade talks. The European Commission’s proposed negotiation order was clearly voted by the majority in the EU governments. France is against the voting while Belgium …
Daily Market Charts and Analysis April 9, 2019
Here are the latest market charts and analysis for today. Check them out and know what’s happening to the market today. EURNOK The pair was expected to bounce back after hitting a major support line, sending the pair higher towards the nearest resistance line. As the deadline looms for the United Kingdom to leave the …
Daily Market Charts and Analysis April 8, 2019
Here are the latest market charts and analysis for today. Check them out and know what’s happening to the market today. USDCZK The pair was seen trading above 50 MA and was expected to continue its steep decline following its break down from major support lines. In March, Czech Prime Minister Andre Babis visited US …
Oil Inventory Report: Oil Slips, Headed for Gains this Week
OIL INVENTORY REPORT – Brent slipped further away from the $70 mark after topping that level during the previous session, while West Texas Intermediate (WTI) crude was also slumped, dragged down by concerns over trade negotiations. Brent crude futures for front-month delivery lost 26 cents, or 0.5 percent, hitting $69.4 per barrel. Last session, it …
Oil Inventory Report: Oil Slips, Headed for Gains this Week Read More »
Daily Market Charts and Analysis March 29, 2019
Here are the latest market charts and analysis for today. Check them out and know what’s happening to the market today. EURSEK The pair found a strong support line from 200 MA, which will send the pair higher towards the previous uptrend support line. Former Swedish Prime Minister Carl Bildt said on a statement that …
Daily Market Charts and Analysis March 22, 2019
Here are the latest market charts and analysis for today. Check them out and know what’s happening to the market today. USDRUB The pair will continue its steep decline following its break down from a major uptrend support line and the crossed over between MAs 50 and 200. Tension was rising between the United States …
