bullish momentum

Sowing wheat in the US is behind schedule In this review we suggest to consider the WHEAT / RUB Personal Composite Instrument(PCI). It reflects the price dynamics of wheat versus Russian ruble. Is the growth of WHEAT/RUB quotations possible? It rises when wheat becomes more expensive on the...

Getting ready for the bank of Mexico meeting In this review, we suggest to consider the Silver vs. MXN personal composite instrument (PCI). It reflects the price dynamics of silver against the Mexican peso. Will the XAGMXN quotations grow? Such dynamics means the rise in silver prices and the...

Preparing for US-China trade negotiations and publication of statistics In this review, we suggest considering the personal composite instrument (PCI) CNHRUB. It reflects the price dynamics of the Chinese yuan against the Russian ruble. Will the CNHRUB rise? Such a movement on the chart is...

Rising trade surplus bullish for Australian stock index Trade surplus and consumer sentiment rose in Australia. Will the AU200 stock index continue advancing? Australian data after central bank’s April 1 interest rate decision were positive on balance: contractions in the services sector and...

Positive data bullish for NIKKEI Japanese retail sales and housing starts increased in February. Will the NIKKEI continue rising? Recent Japanese economic data were positive on balance: while the Tankan index for big manufacturers' sentiment softened in the first quarter 2019 from the previous...

Technical setup bullish for GB100 Slowing mortgage and sales data followed preceding report of better than forecast retail sales in February. Will the GB100 advance continue? UK economic data have been mixed recently: retail sales growth in the UK was little changed in February, ticking to 4%...

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...

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...

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...

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...

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...

Preparing for the ECB meeting In this review, we would like to draw your attention to the chart of the euro vs the New Zealand dollar currency pair. Will the EURNZD rise? Such dynamics are observed in case of the strengthening of the euro and the weakening of the New Zealand dollar...

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...

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...

Gas reserves have reduced in the US In this review, we suggest considering the personal composite instrument (PCI) “Gas vs. the Russian ruble”. It reflects the price dynamics of US natural gas against the Russian ruble. Will the GAS/RUB rise? Such a movement means that natural gas prices are...

Two copper companies have suspended their operation in India and Indonesia The Supreme Court of India overturned the National Green Tribunal’s decision to resume the operation of copper smelter owned by the British company Vedanta. Will Copper prices rise? India accounts for a little more than...

There is a progress in US-China negotiations Progress in US - China trade negotiations provoked an increase in global stock indices. Quotations for Nikkei will increase or not? Chinese President Xi Jinping said that the US-China trade negotiations will continue this week. He expressed the hope...

Farmers hope for the cancellation of duties US Treasury Secretary Steven Mnuchin said that he was pleased with the progress of the US-China trade negotiations. Will LHOG prices rise? In April and July 2018, China sharply raised its duties on American pork in response to the increase in duties...