bearish momentum

US President Appeals to OPEC Oil quotations fell by about 3-4% after US President Donald Trump called on OPEC to increase production. Will the correction of WTI quotations continue ? From its last low on December, it was up 56%. The local maximum was set on Tuesday, April 23rd. The main reason...

Preparing for the meeting of the Bank of Canada and publication of New Zealand data In this review, we would like to draw your attention to the New Zealand dollar vs Canadian dollar currency pair. Is there a possibility for the NZDCAD to fall? Such dynamics are observed in case of the...

Brexit talks are deadlocked British Prime Minister Theresa May asked the European Union to delay Brexit until June 30, 2019. Will the GBPUSD fall? Such dynamics indicate the weakening of the British pound. In accordance with the referendum held on June 23, 2016, the United Kingdom had to leave...

Negative data bearish for DE30 German manufacturing sector contraction accelerated in March. Will the DE30 continue declining? Recent German economic data were negative: preliminary Markit Manufacturing PMI contracted from 47.6 in February to 44.7 in March, the worst level in six-and-a-half...

Risks of a slowdown in the global economy may lower S&P / ASX 200 index Australian stock prices fell amid signs of a slowdown in the global economy. Will the AU200 stock index fall? In Australia, the Manufacturing PMI and Consumer Sentiment macroeconomic indicators decreased in March. Earlier...

Expectations of good crop bearish for coffee Ample world coffee supply expectations weigh on coffee market. Will the coffee prices continue declining? Coffee prices are under pressure as favorable weather conditions in main producers countries indicate building of ample global supply. Brazil...

Preparing for the meeting of the central bank of Norway The next meeting of the central bank of Norway (Norges bank) will be held on March 21, 2019. Is there a possibility for the Norwegian krone to strengthen? On the USDNOK chart, it looks like a downward movement. Market participants expect...

New facts of the slowdown in Chinese economy In this review, we suggest considering the personal composite instrument (PCI) “&CNHJPY”. It reflects the price dynamics of the Chinese yuan against the Japanese yen. Will the CNHJPY fall? Such dynamics are observed in case of the weakening of the...

US-China trade negotiations may be prolonged Gold prices are falling amid difficulties in US-China trade negotiations and the strengthening of the US dollar. Will the XAUUSD continue to fall? The US representative in trade negotiations with China Robert Lighthizer said that the US should...

The demand for investment silver declined last year Sales of silver investment coins and bars in the world decreased in 2018 by 4% compared with 2017. Will the XAGEUR fall? Such a movement indicates the cheapening of silver in euros. The GFMS agency published a report on the world demand for...

Gold prices fall amid increasing demand for dollar assets Gold prices decrease amid the strengthening of the US dollar. As a rule, these two assets move in antiphase and are antagonists of each other. Will the XAUUSD fall? Last week, the US dollar index showed the maximum weekly growth in six...

China can reduce beef consumption All India Meat & Livestock Exporters Association expects a decrease in global demand for Indian beef. Will LCATTLE prices fall? According to the forecast of this association, beef exports from India in the 2018/19 agricultural season may be reduced by 15% to...

Slowing retail sales bearish for GB100 UK’s retail trade growth slowed in December. Will the GB100 continue declining? Recent UK economic data were negative: retail sales growth in the UK eased to 3% over year in December 2018. The expectations were retail sales would remain steady at 3.6%...

Colombia higher crop bearish for coffee prices Colombia coffee production rose in October while Uganda’s exports fell. Will coffee prices continue declining? Uganda’s coffee exports fell 8.1% in October 2018, the first month of the new 2018/19 season, over the same month last year to 350,743...

Slower industrial growth bearish for SP500 US housing and industrial sectors growth slowed more than expected in October. Will the SP500 continue declining? US economic data were negative on balance lately. After a stronger than expected October jobs report and retail sales data updates from...