Technical Analysis USDJPY : 2020-12-28
Japan’s unemployment rate fell in November: Japan’s Statistics Bureau reported Japan’s jobless rate fell to 2.9% in November after a 3.1% unemployment in October. No change in unemployment was...
View ArticleTechnical Analysis USDCAD : 2020-12-29
Canada’s economy continued to grow in October: the gross domestic product (GDP) grew 0.4% over month in October after 0.8% growth in September, when a 0.3% increase was forecast. This is bearish for...
View ArticleTechnical Analysis XAUOIL : 2020-12-29
The incumbent US President Donald Trump signed a bill to allocate $2.3 trillion to the U.S. economy hit by the pandemic. This could weaken the US dollar and boost demand for precious metals. OPEC+ is...
View ArticleTechnical Analysis GBPUSD : 2020-12-30
UK’s house price growth continued in December: annual house price growth accelerated further in December - prices rose by 0.8% over month, after 0.9% growth in November, when 0.4% growth was forecast....
View ArticleTechnical Analysis USDCHF : 2020-12-31
Business sentiment in Switzerland continued to improve in December: the KOF Swiss Economic Institute economic barometer which measures the level of optimism that managers of companies have about the...
View ArticleTechnical Analysis Nd100 : 2021-01-05
Republican and Democratic parties have nominated two candidates each for the Senate elections, which is the upper house of the US Congress. Recall that the lower house of the US Congress is called the...
View ArticleTechnical Analysis AU200 : 2021-01-06
According to Markit and Commonwealth Bank calculations, Manufacturing PMI dropped slightly in December compared to November. Australian stock price dynamics may be affected by the following...
View ArticleTechnical Analysis USDZAR : 2021-01-07
An upward movement signifies a weakening of the South African rand against the US dollar. At the end of December, a new mutation of the coronavirus - SARS-CoV-2 (501.V2) was discovered in South Africa....
View ArticleTechnical Analysis USDCHF : 2021-01-08
The upward movement of the currency pair means the strengthening of the US dollar against the Swiss franc. Investors believe that the corporate tax hike planned by the new US Democrat, Joe Biden, will...
View ArticleTechnical Analysis EURUSD : 2021-01-11
Business sentiment in euro-zone continued to improve in January: the Sentix Investor Confidence Index which measures the level of optimism investors and analysts grew to 1.3 in January from negative...
View ArticleTechnical Analysis XAUUSD : 2021-01-11
Investors are looking at precious metals as alternatives to dollar assets. Therefore, gold quotes and the US dollar index often move in antiphase. After winning the Senate elections in Georgia,...
View ArticleTechnical Analysis GBPUSD : 2021-01-12
UK’s retail sales growth was less than expected in December: British Retail Consortium reported the BRC Retail Sales Monitor rose 0.8% over year in December, after 7.7% growth in November, when 5.9%...
View ArticleTechnical Analysis USDJPY : 2021-01-12
An upward movement signifies a weakening of the Japanese yen against the US dollar. In Japan, carriers of both "British" N501Y and "South African" strains of E484K coronavirus have been detected, and...
View ArticleTechnical Analysis EURUSD : 2021-01-13
Industrial production in euro-zone rose more than expected in November: the Eurostat reported industrial output rose 2.5% over month after 2.3% growth in October when an 0.2% increase was forecast....
View ArticleTechnical Analysis USDCAD : 2021-01-13
The upward movement means weakening of the Canadian dollar against the US dollar. The Canadian labor market indicator Employment Change decreased (-62.6 thousand) in December 2020 more than expected...
View ArticleTechnical Analysis #C-CORN : 2021-01-14
US Department of Agriculture reduced 2020/2021 domestic corn ending stock estimate by 150 million bushels in December to 1.702 billion bushels, a 8.8% downgrade. And its corn production estimate for...
View ArticleTechnical Analysis GBPUSD : 2021-01-14
More real estate surveyors than forecast reported price increases in UK in their areas: 65 per cent of respondents reported an increase in UK house prices in December after 66% reported increases in...
View ArticleTechnical Analysis #C-FCATTLE : 2021-01-15
Corn prices have risen over 22% since the start of December, which makes feed more expensive for raising cattle. Particularly, mid-2020 estimates indicate each $0.10 increase in corn price results in...
View ArticleTechnical Analysis EURUSD : 2021-01-15
Trade surplus in euro-zone declined less than expected in November: the Eurostat reported trade surplus declined to 25.1 billion euro from 25.2 billion in October when 22.3 billion surplus was...
View ArticleTechnical Analysis USDJPY : 2021-01-18
Industrial production in Japan was downgraded for November: the Ministry of Economy, Trade and Industry reported industrial output preliminary estimate was revised downward to 0.5% decline over month...
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