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Sri Lanka, China sign $300M agreement to manufacture tires

Note: This section contains information in English only.
Source: Dukascopy Bank SA
Sri Lanka and China signed a $300M investment agreement to construct a tire factory in an industrial zone near the Hambantota International Port in Sri Lanka.
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23 Nov 2020

EUR/JPY two scenarios likely

PositionsTodayYesterdayChange Longs71%69%2.9% Shorts29%31%-7.2% Indicator4H1D1W MACD(12;26;9)4H1D1W RSI(14)SellSellBuy Stochastic(5;3;3)NeutralNeutralNeutral Alligator(13;8;5)BuySellSell SAR(0.02;0.2)SellSellBuy Aggregate⇒⇘⇒ [ANNOUNCE]The common European currency declined by 35 basis points or 0.30% against the Japanese Yen on Friday. The decline was stopped by the 50– hour simple moving average during Friday's trading session.[/ANNOUNCE]The currency pair is currently trading near the upper boundary of a descending channel pattern and could be

20 Nov 2020

XAU/USD remains below moving averages

PositionsTodayYesterdayChange Longs67%67%1.2% Shorts33%33%-2.4% Indicator4H1D1W MACD(12;26;9)SellSellBuy RSI(14)NeutralNeutralNeutral Stochastic(5;3;3)NeutralNeutralNeutral Alligator(13;8;5)SellSellBuy SAR(0.02;0.2)BuySellSell Aggregate⇒⇘⇒ [ANNOUNCE] Yesterday, the XAU/USD exchange rate could reverse north from the 1,855.00 level. [/ANNOUNCE] Given that gold is pressured by the 55-, 100– and 200-hour moving averages in the 1,869.00/1,877.00 range, it is likely that some downside potential could prevail in the market. In the meantime, if the given level holds,

20 Nov 2020

USD/JPY could go downwards

PositionsTodayYesterdayChange Longs61%60%0.9% Shorts39%40%-1.3% Indicator4H1D1W MACD(12;26;9)SellSellSell RSI(14)NeutralNeutralNeutral Stochastic(5;3;3)BuyBuyNeutral Alligator(13;8;5)SellSellSell SAR(0.02;0.2)BuyBuySell Aggregate⇒⇒⇘ [ANNOUNCE] Since Thursday, the USD/JPY currency pair has been trading sideways near the 103.80 mark. [/ANNOUNCE] It is likely that some downside potential could prevail in the market as the exchange rate is pressured by the 55-hour moving average near 108.90. Note that the nearest support level—the weekly S1, is located at