Brent: trading on the OPEC meeting
Technically, Brent made a big advance yesterday rising from the support of the 100- and 50-day MAs in the 61.25 area.
Daily Market Analysis
In-depth technical & fundamental analysis for currencies & commodities
The year end: Brexit and trade wars in the arena again
What will move markets at the end of the year.
Gold is testing the November high
The bearish bias appears to start losing power. The market reversal upwards is still to be confirmed.
AUD/CHF suffered losses
The attempt of AUD/CHF to overcome 0.6800 so far hasn’t been successful. The pair formed a “spinning top” candlestick on the D1 on Tuesday.
OPEC vs US shale: impact on the oil prices and USD
OPEC will hold another meeting on December 5-6. This article examines the possible outcomes of this meeting in the context of one of the primary influence factors.
EUR/USD is at decisive levels
EUR/USD was supported in the 1.0990 area last week. The support was strengthened by the fact that the attempted breakout of this level failed.
NZD/CAD rises to the August resistance
NZDCAD has been rising today, a bearish reversal possible soon
Global crisis. What about global stabilization?
While some predict the global crisis, recession, and even global depression, others are not afraid to forecast the stabilization of the global economy.
What awaits the AUD next week?
The AUD is under negative pressure primarily because of Australia’s domestic problems. Learn more!
NZDCAD is on the rise, but not for long
The price has been showing an uptrend lately, but may go into a bearish reversal in the short-term.
The stock of Pepsico: trading opportunity
The stock of Pepsico formed a higher low and arrived at the resistance line that connects October and November highs in the 136.50 area.
USD/JPY may experience a correction
USD/JPY had a bullish week. Yet, we should notice that the pair has reached some heavy resistance: 100-week MA (109.66) and 200-week MA (109.84).
