technical analysis

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...

Weather deterioration in the US may reduce cereal yields There is severe flooding in the Midwestern United States, which can damage cereal crops. Will oat prices rise? Because of the severe flooding on the Missouri River, crops in Montana, North Dakota and Nebraska may be damaged. However, it...

Preparing for the meeting of the Bank of Mexico In this review, we suggest considering the personal composite instrument (PCI) “Silver vs. MXN”. It reflects the price dynamics of silver against the Mexican peso. Will the XAGMXN rise? Such dynamics indicate an increase in silver prices and the...

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...

Dovish Fed stance bullish for gold Halting interest rate hikes this year by the Fed is bullish for gold. Will the gold price continue rising? Federal Reserve’s dovish stance hurts US dollar, making gold more affordable and attractive for investors. At a conclusion of March meeting yesterday...

The TLTRO can help German companies The European Central Bank announced the TLTRO 3 asset repurchase program, which will be implemented from September 2019 to March 2021. Will the DE30 continue rising? The TLTRO 3 program is designed to stimulate the economy of the Eurozone and may have the...

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...

Positive data bullish for Nd100 US retail sales and durable goods orders were better than expected. Will the Nd100 continue the rebound? US economic releases after unexpectedly weak February jobs report were positive indicating the US economy remains strong. Durable goods orders recorded 0.4%...

Winter wheat crop has deteriorated in the US In this review, we suggest considering the personal composite instrument (PCI) “Wheat vs. the Canadian dollar”. It increases when wheat prices rise on the world market and when the Canadian currency weakens. Is there a possibility for WHEAT/CAD...

Preparing for a new Brexit vote On Tuesday, March 12, 2019, the House of Commons may vote on terms of the UK’s exit from the European Union. Is there a possibility for a big EURGBP change? Such dynamics indicate the weakening of the euro and the strengthening of the British pound. On March 11...

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...

Weak data bearish for HK50 Hong Kong’s economic growth slowed in Q4 2018 and private sector contraction continued in February. Will the HK50 continue declining? Recent Hong-Kong economic data were weak: the economy shrank 0.3% over quarter in the last three months of 2018, the private sector...

Positive euro-zone data bullish for EU50 Retail sales increase and private business sector expansion were better than expected in euro-zone. Will the EU50 advance continue? Latest euro-zone economic data were positive: retail sales in January rose more than expected, and private sector...

African swine fever has spread from China to Vietnam In the countries of Southeast Asia, an outbreak of African Swine Fever (ASF) is observed. Will LHOG prices rise? Vietnamese authorities will take decisive measures to control ASF. From February 1 to March 3, the ASF was detected in 7...

The abolition of duties on US soybeans will be discussed at the meeting of the heads of the United States and China China may abolish duties on US soybeans. Will soybean meal prices rise? The abolition of duties will be discussed at the meeting between US President Donald Trump and Chinese...

A slowdown in global economy may reduce the demand for oil In this review, we suggest considering the personal composite instrument (PCI) &GAS/OIL. It reflects the price change dynamics of US natural gas against the American West Texas Intermediate (WTI) light crude oil. Will GAS/OIL prices...

Brexit dates may be postponed In this review, we would like to draw your attention to the chart of the British pound vs the New Zealand dollar currency pair. Will the GBPNZD rise? Such dynamics indicate the strengthening of the pound against the New Zealand dollar. The main positive factor for...

Market participants hope that China will increase US cotton imports along with soybeans Market participants hope that China will increase US cotton imports along with soybeans. Will Cotton prices rise? US Secretary of Agriculture Sonny Perdue said that China agreed to buy an additional 10...

Bank of Mexico may cut the rate In this review, we will consider the chart of the euro against the Mexican peso. Is there a possibility for the EURMXN to rise? Such a movement occurs when the euro strengthens and the Mexican peso weakens. The current account balance of Mexico has been negative...

There are risks of reduction in global sugar production Because of weather conditions, sugar production may decline in the EU, Brazil, India and Thailand. Will Sugar pricesrise? The Brazilian Sugarcane Industry Association (UNICA) reported a decrease in sugarcane harvest in the 2018/19...