USD/MXN has found itself within a rather steep downtrend. The pair has topped at 19.6550 at the end of November and during the last several days dropped below the 100-, 50- and 200-day MAs.
Daily Market Analysis
The upside of EUR/CHF has so far been limited by 1.0975. On Monday, the pair slipped below 1.0940 resuming the decline that started last week.
A short analysis on the recent Apple product announcement in the context of the stock's historical dynamics.
USD/BRL has started the week with a substantial move to the downside. The pair formed a lower high last week, thus the price action strongly resembles the “Head and Shoulders” pattern.
Last week AUD/USD managed to take off from the 0.7660 area. Then it consolidated between 0.6855 and 0.6810.
The name of which company comes to your mind when you hear the words “controversial” and “successful” at the same time?
What will happen to the emerging markets in 2020.
An observation of the historical performance of Alcoa stock price and the possible future perspectives.
A local flirting with the resistance or a serious intention to break through? We will examine the price action of GBP against CHF on high timeframes to answer this question.
XAU/USD ran into the resistance of the 50-day MA in the 1,481.65 area. Learn more!
Technically, Brent made a big advance yesterday rising from the support of the 100- and 50-day MAs in the 61.25 area.
What will move markets at the end of the year.