In the news this week, Japan released its 3rd quarter GDP figures while Australia also released its October employment figures. Earlier today, China released its industrial production figures for October. Powell’s much-anticipated testimony to Congress on the U.S. economy also had an impact on the market. By analyzing the inflation figures published in Australia in […]
GBPJPY Price Analysis – November 13 GBPJPY is trending within the prior day’s range after its unable to build on its gains recent gains as the sellers tried to take advantage and may end the day below its opening price but in a lackluster momentum. Key Levels Resistance Levels: 148.66, 146.57, 141.50 Support Levels: 135.49, […]
The trade war between two macro economies, U.S and China which had lasted for 16 months in which both countries slapped tariffs on their respective goods seemed to make a headway last few weeks when reports came through that the two countries were nearing a preliminary phase of the trade deal and the tariffs on […]
USDCHF Price Analysis – November 12 USDCHF is posting fresh session lows in today’s trading as sellers took control of the market while breaking downwards past the moving average 5 heading towards moving average 13. As it is, in the event of a further break downwards and the price momentum continues, it will open the […]
Earlier in the news, Brexit party leader had stated that every senatorial seat numbering more than 600 would be keenly contested for by his party. The majority had predicted a drop-down of support for UK Prime Minister, Boris Johnson given Brexit extension. However events took a twist, as in a recent news release, Nigel Farage […]
Gold is by all accounts prepared for a short-covering rally after the substantial plunge a week ago. The present news might be sufficient to oust the absolute weakest short sellers from the market. Gold prices are moving higher on Monday, supported by lower Treasury yields and lower demand for shares. Poor business conditions because of […]
Due to the reason that cryptocurrencies are in a different asset group than other securities and cannot be evaluated using methods like DCF or DDM, it was necessary to create separate valuation techniques to give investors fundamental tools to analyze cryptocurrencies. Listed below are four prominent cryptocurrency valuation systems. Store of Value Thesis This is […]
EURUSD Price Analysis – November 11 In the European session, at GMT10:00 hrs, the pair is trading at 1.1032, with the EUR trading 0.13% higher against the USD from Friday’s close. And for the 24 hours to 23:00 GMT, the EUR plunged approximately 0.28% against the USD and closed at 1.1019 on Friday, amid the […]
GBPUSD Price Analysis – November 10 The pound sterling is currently registering a continuing weakness against the USD as observed in the previous session that ends the last week of trading down on Friday at the level at 1.2775 after losing 39 pips. The sellers took control of the FX pair, as it confirmed their […]
