Technical Analysis #S-OXY : 2022-06-24
Occidental Petroleum Corporation is an American energy company engaged in the hydrocarbon exploration and petrochemical manufacturing. Company’s market capitalization is $52.27 billion. Occidental...
View ArticleTechnical Analysis #L-RR : 2022-06-27
Rolls Royce Corporation is a British industrial corporation. The company manufactures and sells engines for aircrafts and ships as well as power generators globally. Company’s market capitalization is...
View ArticleTechnical Analysis #D-LHA : 2022-06-28
Deutsche Lufthansa AG is a major German airline. Its market capitalization is €7.19 billion. The stock is trading at P/E ratio (Trailing Twelve Months) of -1.02 currently and the revenue for the...
View ArticleTechnical Analysis #C-COFFEE : 2022-06-29
According to the USDA forecast, global coffee production in the 2022/2023 crop season will increase by 4.7% y/y, or by 7.8 million bags, to 175 million. At the same time, world consumption will...
View ArticleTechnical Analysis AUDUSD : 2022-06-29
Australia’s retail sales were steady in May: the Australian Bureau of Statistics reported Australia’s retail sales rose by 0.9% over month in May after 0.9% increase in previous month, when a 0.3%...
View ArticleTechnical Analysis #D-VOW : 2022-06-30
Volkswagen CEO said two days ago they expect a strong second half of 2022. The company stated chip shortages are easing that will help increase electric vehicle production volumes in its biggest...
View ArticleTechnical Analysis USDCHF : 2022-06-30
Swiss retail sales declined less than forecast in May. The Swiss Federal Statistical Office reported retail trade turnover in Switzerland decreased 1.6% over year in May after 5.5% drop in April, when...
View ArticleTechnical Analysis #S-DIS : 2022-07-01
Disney reopened its Shanghai Disney Resort theme park on June 29. The theme park was closed for three months due to rising coronavirus infections. Park authorities have put restrictions on capacity,...
View ArticleTechnical Analysis GBPUSD : 2022-07-01
UK manufacturing PMI final reading was downgraded for June: Markit reported UK service PMI final reading was downgraded to 52.8 for June from 53.4 flash estimate. This is bearish for...
View ArticleTechnical Analysis USDSEK : 2022-07-04
The rate was increased for the 2nd time in a row, immediately by 0.5% to 0.75%. The next meeting of Sveriges Riksbank will take place only on September 20th. Meanwhile, inflation in Sweden in May is...
View ArticleTechnical Analysis CADCHF : 2022-07-05
The move up means the strengthening of the Canadian dollar against the Swiss franc. There are technical signals, but there are not so many of them. The movement of quotes may depend on economic...
View ArticleTechnical Analysis GBPUSD : 2022-07-05
UK services PMI final reading was upgraded for June: Markit reported UK service PMI final reading was upgraded to 54.3 for June from 53.4 flash estimate. This is bullish for GBPUSD. However the current...
View ArticleTechnical Analysis #C-RICE : 2022-07-06
USDA forecasts an increase in global rice production in the 2021/2022 agricultural season to 513.7 million tons, compared with 509.3 million tons a season earlier. The harvest forecast for the...
View ArticleTechnical Analysis GBPUSD : 2022-07-06
UK’s construction sector activity slowed in June: Markit reported UK Construction PMI declined to 52.6 in June from 56.4 in May, when a decline to 54.9 was forecast. Readings above 50.0 indicates...
View ArticleTechnical Analysis #S-WMT : 2022-07-07
Walmart Inc is a United States based retail and wholesale giant which operates globally. Its market capitalization is $343 billion. The stock is trading at P/E ratio (Trailing Twelve Months) of 26.97...
View ArticleTechnical Analysis USDCAD : 2022-07-07
Canada’s trade surplus was bigger than forecast in May: Statistics Canada reported trade surplus rose to C$5.3 billion in May from C$2.2 billion a month before that, when a rise to C$2.5 billion was...
View ArticleTechnical Analysis #S-MRK : 2022-07-08
Merck & Co,Inc is an American pharmaceutical company which develops and sells human and animal pharmaceuticals worldwide. Its global competitors include companies like GlasxoSmithKline,...
View ArticleTechnical Analysis USDJPY : 2022-07-08
US economy created more new jobs in June than expected: the US Bureau of Labor Statistics reported total nonfarm payroll employment rose by 372,000 in June when addition of 260,000 new jobs was...
View ArticleTechnical Analysis #C-SUGAR : 2022-07-11
In May this year, the Indian authorities, for the first time in 6 years, limited the export of sugar in order to secure the domestic market. At the same time, sugar producers were given an export quota...
View ArticleTechnical Analysis XPDUSD : 2022-07-12
Russia holds 40% of the world's palladium production. Approximately the same share falls on South Africa and another 14% - in the US and Canada. This spring, the London Platinum and Palladium Market...
View Article