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AUDUSD: Attempt to break the downward trend turned to fiasco

When a currency ignores the negatives and rises sharply on the positives, there is a sense that it is ready to break the downward trend. Good news from the Australian...
iconRelevance until16 May 2023 at 9:03AM (UTC+0)
Analytical expert: Marek Petkovich
11 May 2023 at 11:11AM (UTC+0)

Imports of goods to the U.S. are steadily increasing

The U.S. trade deficit grew to the widest in three months at the start of the year, thanks to a strong pickup in imports of merchandise. The opening of China...
iconRelevance until11 March 2023 at 3:06PM (UTC+0)
Analytical expert: Egor Danilov
8 March 2023 at 9:44PM (UTC+0)

Inflation miss puts Fed and the ECB at a disadvantage

Economists are concerned about signals from the global market. Data shows behavior that contradicts expectations and probabilistic forecasts based on historical data and economic theory. The reputations of central banks...
iconRelevance until5 January 2023 at 4:04PM (UTC+0)
Analytical expert: Egor Danilov
8 December 2022 at 9:49PM (UTC+0)

How much will interest rates be raised in December?

Concerns about mass protests in China are in the spotlight. According to the New York Times, "After a weekend of confrontations between officials and demonstrators, video from two sites...
iconRelevance until4 December 2022 at 10:16AM (UTC+0)
Analytical expert: Irina Yanina
29 November 2022 at 12:15PM (UTC+0)

Asian market in the red

Strengthening of the dollar and heavy news background strikes the Asian markets. Investors are devastating the region, pulling cash from safe-haven currencies. The main currencies of Asia...
iconRelevance until10 October 2022 at 10:30AM (UTC+0)
Analytical expert: Egor Danilov
26 September 2022 at 11:17AM (UTC+0)

USD/CNY analysis for September 07, 2022 - Strong potential growth

Technical analysis: USD/CNY has been trading upside as I expected and the USD/CNY is heading towards major upside long term objective. I still see potential for further bigger growth. Trading...
iconRelevance until8 September 2022 at 8:01AM (UTC+0)
Analytical expert: Petar Jacimovic
7 September 2022 at 8:01AM (UTC+0)

USD/CNY analysis for September 06, 2022 - Breakout of the symmetrical triangle

Technical analysis: USD/CNY has been trading upside as I expected. The momentum is very strong to the upside and I see no sign for the reversal. There is potential...
iconRelevance until7 September 2022 at 8:17AM (UTC+0)
Analytical expert: Petar Jacimovic
6 September 2022 at 8:17AM (UTC+0)

USD/CNY analysis for September 05, 2022 - Breakout of the triangle pattern

Technical analysis: USD/CNY has been trading upside today and I saw the breakout of the symmetrical triangle pattern on the 4H time-frame. Trading recommendation: Due to the breakout...
iconRelevance until6 September 2022 at 12:28PM (UTC+0)
Analytical expert: Petar Jacimovic
5 September 2022 at 12:28PM (UTC+0)

USD/CNY analysis for August 29, 2022 - First upside target has been reached, second target in the playt at 73080

Technical analysis: USD/CNY has been trading upside as I expected. The price reached my first upside objective at 6.910 and is heading towards second upside target. Trading recommendation...
iconRelevance until30 August 2022 at 11:51AM (UTC+0)
Analytical expert: Petar Jacimovic
29 August 2022 at 11:51AM (UTC+0)

USD/CNY analysis for August 26, 2022 - Upside breeakout of the triangle pattern

Technical analysis: USD/CNY has been trading upside as I expected. There is the breakout of the symmetrical triangle pattern in the background, which is good sign for further rally. Trading...
iconRelevance until27 August 2022 at 12:12PM (UTC+0)
Analytical expert: Petar Jacimovic
26 August 2022 at 12:12PM (UTC+0)