rsi indicator

Bad weather can reduce rice harvest Drought in India and worsening weather conditions in China can reduce yields. Will the rice quotation growth continue ? According to the Indian Ministry of Agriculture & Farmers' Welfare as of July 5, 2019, the area of summer rice crops in the country was 5.2...

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...

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...

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...

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...

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...

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...

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...