CNY/JPY is a good proxy for traders’ optimism. The technical setup for it is also quite interesting.
Daily Market Analysis
What are the importance of OPEC meetings and their influence on oil prices? This article examines the main factors answering this question.
USD/CHF continues its December descent. The pair’s attempt to return above the 0.9845 area has failed.
The Federal Reserve meeting is today at 21:00 MT time. Analysts widely expect the Fed to keep rates on hold at the 1.5%-2% range
NZD/USD met resistance around 0.6565 (61.8% Fibonacci of the July-October decline, top of the October-December bullish channel).
Long-term and short-term analysis of the Australian dollar's performance against the US dollar.
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.
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?