Technical Analysis AUDUSD : 2021-04-05
Australia’s retail trade fell less than expected in February: Australian Bureau of Statistics reported retail sales declined 0.8% over month in February after 0.3% increase in January, when a 1.1% fall...
View ArticleTechnical Analysis #C-COFFEE : 2021-04-05
In France, Covid-19 quarantine is extended by a month, and in Sweden until May 3. Austria announced quarantine in 3 regions, including the capital, Vienna. Germany and Italy tightened the rules for...
View ArticleTechnical Analysis XAUOIL : 2021-04-06
This gold instrument appears in the form of "Gold vs Light Sweet Oil (WTI)". The upward movement means that gold is in higher demand compared to oil. The price of hydrocarbons dropped after the OPEC+...
View ArticleTechnical Analysis EURUSD : 2021-04-06
Euro-zone business confidence rose more than expected: Sentix reported Sentix Investor Confidence Index for April rose to 13.1 from 5.0 in previous month, when an improvement to 6.8 was forecast. This...
View ArticleTechnical Analysis XAUUSD : 2021-04-07
The coronavirus pandemic continues despite the creation of several vaccines. The number of patients has increased in India, the United States and European countries. According to the World Health...
View ArticleTechnical Analysis NZDUSD : 2021-04-07
Prices of exported commodities of New Zealand’s rose in March: the Australia and New Zealand Banking Group (ANZ) reported the Commodity Price Index of New Zealand’s exported commodities increased by...
View ArticleTechnical Analysis #C-LCATTLE : 2021-04-08
The coronavirus outbreak sparked a boom for meat retailers. With many restaurants closed customers switched to dining at home, many buying in bulk from meat retailers. Beef sales at US grocery stores...
View ArticleTechnical Analysis NZDUSD : 2021-04-08
New Zealand’s business sentiment continued to deteriorate: Australia and New Zealand Banking Group reported ANZ Business Confidence Index declined to negative 8.4 for April from negative 4.1 in March...
View ArticleTechnical Analysis GB100 : 2021-04-09
UK economic data in the recent week were positive. Both services and manufacturing sectors resumed expanding in March, as did the sales of new vehicles, and construction activities rose more than...
View ArticleTechnical Analysis EURUSD : 2021-04-09
Germany’s industrial production continued to decline in February: the federal statistics agency Destatis reported German industrial output fell 1.6% over month in February after 2% drop in January,...
View ArticleTechnical Analysis EURUSD : 2021-04-12
Euro-zone retail sales rose more than expected: statistics agency Eurostat reported euro-zone retail sales rose 3% over month in February after 5.2% drop in previous month, when an 1.3% increase was...
View ArticleTechnical Analysis #C-COTTON : 2021-04-12
The USDA in its April review reduced its world cotton production forecast and increased its consumption forecast. As a result, the global cotton stocks are expected to decrease to 93.46 million bales,...
View ArticleTechnical Analysis EURUSD : 2021-04-13
German ZEW economic sentiment deteriorated in April: the ZEW institute reported German ZEW Economic Sentiment Index declined to 70.7 for April after coming in at 76.6 in March , when an increase to...
View ArticleTechnical Analysis EURGBP : 2021-04-13
The upward movement means the strengthening of the euro against the British pound. Retail sales in the Eurozone in February rose by 3% in monthly terms and exceeded the forecast (+1.5%). Germany's...
View ArticleTechnical Analysis EURUSD : 2021-04-14
Euro-zone output fell less than expected: Eurostat reported industrial production in euro-zone declined 1% over month in February after 0.8% increase in previous month, when a 1.2% fall was forecast....
View ArticleTechnical Analysis GBPJPY : 2021-04-14
The downward movement indicates the weakening of the British pound against the Japanese currency. British February economic data turned out to be worse than forecasts: trade balance (-16.4 billion...
View ArticleTechnical Analysis #C-WHEAT : 2021-04-15
Dry conditions in Europe and the US negatively impact wheat supply expectations. Thus, moisture deficit is an issue for US spring wheat areas in the north of the country, according to French...
View ArticleTechnical Analysis AUDUSD : 2021-04-15
Australia’s employment rose more than expected in March: Australian Bureau of Statistics reported 70,700 jobs were created in March after 88.7 thousand in the previous month, when addition of 35.2...
View ArticleTechnical Analysis #C-COFFEE : 2021-04-16
The July 2021 to June 2022 new Brazil crop harvest is starting for robusta areas, and for arabica plantings harvesting starts in a few months. The weather has been reported to be favorable ahead of the...
View ArticleTechnical Analysis EURUSD : 2021-04-16
Euro-zone trade surplus fell in February: the statistics agency Eurostat reported the trade surplus in single currency area fell to 18.4 billion euro from 24.4 billion in January, when a decline to...
View Article