Here are the latest market charts and analysis for today. Check them out and know what’s happening in the market today. GBPNZD The British pound appears to be trying to have a pullback, although it was still down and outside the upward trading channel it established on the daily chart. The New Zealand dollar was …
On Friday, ahead of the crucial meeting between the leaders of the United States and China at a Group of 20 summits over the weekend and as investors wait for signs of progress to end the heated trade, the dollar traded cautiously. As Washington and Beijing were laying out an agreement that would help prevent …
Dollar Firm before the Trump-Xi Discussions at G20 Read More »
Here are the latest market charts and analysis for today. Check them out and know what’s happening in the market today. AUDUSD The pair is seen rising to their monthly high after breaking a resistance level at the 0.69436 level, converging with the 50-day moving average and poised to continue to go up. This comes …
Here are the latest market charts and analysis for today. Check them out and know what’s happening in the market today. CADJPY The pair were seen to fail to break out from a major resistance line and from 50 MA, sending the pair lower towards the uptrend support line. The trade war between the two …
Here are the latest market charts and analysis for today. Check them out and know what’s happening in the market today. NZDUSD The NZDUSD pair is continuing a downward trajectory today as bullish news comes in for the US dollar. This is the second day of decline for the pro-risk NZDUSD pair, effectively extending the …
United States and China’s trade war can develop into two different sets of technologies. Click here for more! – Wibest Broker
Xi Jinping signaled that trade war will not end soon and China is not going to cave in. Click for more information! – Wibest Broker
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 Inventory Report: Price decline on trade battle despite the sudden fall in US crude inventories. Click here now! – Wibest Broker
Gold Exchange rates held firm as US-China trade talks await. Want to know more? Click here now! – Wibest Broker
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 …
Trump Tariff Threat Sends Asian Market into Disarray Read More »
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 …
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 …
OIL INVENTORY REPORT – After the Energy Information Administration reported the first reduction in crude stocks in four weeks, oil trading weakened. On the last trade session of the US Crude Oil WTI Futures it traded at $63.80. Meanwhile, Brent Oil futures were at $71.61 untouched. Higher than the previous 1.2 million-barrel drop of crude …
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 …
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