Technical Analysis XPTUSD : 2020-11-23
This year, the WPIC expects global platinum supply to drop by 18% and demand - by only 5%. This may lead to a global platinum deficit of 1.2 million ounces. In 2021, it can be reduced to 224 thousand...
View ArticleTechnical Analysis EURUSD : 2020-11-24
Germany’s gross domestic product was revised upward: the Q3 GDP was revised upward in the final reading to 8.5% over quarter from 8.2% when no change was expected. This is bullish for...
View ArticleTechnical Analysis &XAUJPY : 2020-11-24
The downward movement signifies the decline in gold prices and the strengthening of the Japanese yen. British AstraZeneca reported 90% effectiveness of its coronavirus vaccine. This led to the USD...
View ArticleTechnical Analysis #C-ORANGE : 2020-11-25
Orange juice is rebounding following a retreat after hitting a 7-month low eight weeks ago. Demand for orange juice remains strong as COVID-19 cases continue growing worldwide with consumers viewing...
View ArticleTechnical Analysis AUDUSD : 2020-11-25
Australia’s construction activity fell in Q3 more than expected: construction work done fell 2.6% over quarter after 0.5% increase in Q2, when a decline of 2% was forecast. This is bearish for...
View ArticleTechnical Analysis &RUBJPY : 2020-11-25
The upward movement reflects the strengthening of the Russian ruble and the weakening of the yen. The ruble may strengthen amidst rising oil prices. Hydrocarbons account for approximately 70% of...
View ArticleTechnical Analysis #C-SUGAR : 2020-11-26
India is the world’s second biggest producer of sugar after Brazil. And over 16 million tons of sugar is likely to be available for export in 2020/21, or 62% more compared with the last season. India...
View ArticleTechnical Analysis EURUSD : 2020-11-26
Germany’s consumer sentiment deteriorated more than expected: German GfK consumer climate index fell to -6.7 in November from -3.2 in October, when a decline to -4.9 was forecast. This is bearish for...
View ArticleTechnical Analysis NIKKEI : 2020-11-27
Japanese economic data of recent weeks were mixed. The third quarter gross domestic product (GDP) rose 21.4% annualized when 18.9% growth was forecast. And balance of trade surplus for October at 872.9...
View ArticleTechnical Analysis EURUSD : 2020-11-27
Germany’s import prices rose in October: the index of import prices rose by 0.3% over month when no change was expected. This is bullish for EURUSD.IndicatorVALUESignalRSINeutralMACDNeutralDonchian...
View ArticleTechnical Analysis USDCHF : 2020-11-30
Switzerland’s retail sales rose more than expected in October: retail sales rose 3.1% over year in October from 0.4% in September, when a 0.6% growth was forecast. This is bearish for...
View ArticleTechnical Analysis #C-OATS : 2020-11-30
The USDA forecasts an increase in the 2020 oat crop to 65.4 million bushels, which is 23% more than in 2019. At the same time, yields could increase by 0.8 bushels to 65.1 bushels per acre. Harvested...
View ArticleTechnical Analysis EURUSD : 2020-12-01
Germany’s unemployment fell unexpectedly in November: the number of people out of work decreased by 39,000 in seasonally adjusted terms when an increase of 9,000 was forecast, and unemployment rate...
View ArticleTechnical Analysis #C-SOYBM : 2020-12-01
USDA reported that US soybean exports last week totaled 768,000 tons. This is the minimum for the current marketing year. China accounted for over 75% of this volume. Meanwhile, the Chinese authorities...
View ArticleTechnical Analysis EURUSD : 2020-12-02
Germany’s retail sales rose in November more than expected: retail sales rose 2.6% over month after 1.9 % decline in October when an increase of 1.3% was forecast. This is bullish for EURUSD but the...
View ArticleTechnical Analysis DJI : 2020-12-02
Since the beginning of this year, the Dow Jones index has risen by 5.7%, the S&P 500 - by 15.3%, and the Nasdaq - by 40.8%. All American stock indices have renewed their historic highs. The main...
View ArticleTechnical Analysis #C-LHOG : 2020-12-03
The US Department of Agriculture (USDA) reported that the number of breeding hogs on September 1 was down 2% from a year earlier. The domestic inventory of all hogs and pigs was up 1% from a year...
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Technical Analysis EURUSD : 2020-12-03
Retail sales in euro-zone rose 1.5% over month in October after 1.7% decline in previous month. Will the EURUSD rise? The EURUSD technical analysis of the price chart on 1-hour timeframe shows EURUSD:...
View ArticleTechnical Analysis SP500 : 2020-12-04
US economic data of the recent week were positive on balance. New jobless claims filed last week in US were lower than expected, and US manufacturing and services sectors continued their expansions -...
View ArticleTechnical Analysis EURUSD : 2020-12-07
Germany’s industrial production rose in October more than expected: industrial production rose 3.2% over month after 2.3% increase in September when an increase of 1.8% was forecast. This is bullish...
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