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Finance

Gold Exceeded $2665: Now Overbought!

Gold exceeded $2665 resistance. However, robust buying pressure made...

USDMXN Breaks Above 20.53: Key Levels and Analysis

USDMXN breaks above 20.53 resistance in continuation of its...

EURJPY Bounced From 162.4: A Bullish Signal

EURJPY bounced from 162.4 support, resuming its bullish trajectory....

Bullish Symmetrical Triangle Signals NATGAS Breakout

NATGAS trades sideways in a low-momentum market inside the...

Crude Oil Holds at $72.8 After Initial Price Dip

Crude Oil price dipped from $75.24, testing the %50.0...

Marketing

Gold Exceeded $2665: Now Overbought!

Gold exceeded $2665 resistance. However, robust buying pressure made...

USDMXN Breaks Above 20.53: Key Levels and Analysis

USDMXN breaks above 20.53 resistance in continuation of its...

EURJPY Bounced From 162.4: A Bullish Signal

EURJPY bounced from 162.4 support, resuming its bullish trajectory....

Bullish Symmetrical Triangle Signals NATGAS Breakout

NATGAS trades sideways in a low-momentum market inside the...

Crude Oil Holds at $72.8 After Initial Price Dip

Crude Oil price dipped from $75.24, testing the %50.0...

Politics

Gold Exceeded $2665: Now Overbought!

Gold exceeded $2665 resistance. However, robust buying pressure made...

USDMXN Breaks Above 20.53: Key Levels and Analysis

USDMXN breaks above 20.53 resistance in continuation of its...

EURJPY Bounced From 162.4: A Bullish Signal

EURJPY bounced from 162.4 support, resuming its bullish trajectory....

Bullish Symmetrical Triangle Signals NATGAS Breakout

NATGAS trades sideways in a low-momentum market inside the...

Crude Oil Holds at $72.8 After Initial Price Dip

Crude Oil price dipped from $75.24, testing the %50.0...

Strategy

Gold Exceeded $2665: Now Overbought!

Gold exceeded $2665 resistance. However, robust buying pressure made...

USDMXN Breaks Above 20.53: Key Levels and Analysis

USDMXN breaks above 20.53 resistance in continuation of its...

EURJPY Bounced From 162.4: A Bullish Signal

EURJPY bounced from 162.4 support, resuming its bullish trajectory....

Bullish Symmetrical Triangle Signals NATGAS Breakout

NATGAS trades sideways in a low-momentum market inside the...

Crude Oil Holds at $72.8 After Initial Price Dip

Crude Oil price dipped from $75.24, testing the %50.0...

EURMXN Forecast – Critical Support and Market Trend

FxNews – The currency pair is currently at a critical juncture, revisiting the 61.8% Fibonacci support level. Indicators like the awesome oscillator, which is showing red bars, and the RSI, lingering below 50, suggest that a downward trend might be on the horizon. This means the bears could potentially break through this key support area.

EURMXN Forecast – Critical Support and Market Trend

If this downward momentum continues, the bears’ next focal point might be the 78.6% Fibonacci support level. The overall market sentiment for the EURMXN remains bearish, especially while trading within a declining flag pattern.

EURMXN Forecast - Critical Support and Market Trend
EURMXN Forecast – Critical Support and Market Trend – Daily Chart

Mexico’s Consumer Confidence Soars to Four-Year High

Bloomberg – In Mexico, consumer confidence is at its highest since February 2019, reaching 47.3 in November 2023, a notable increase of 1.1 points. This upswing in optimism is reflected in several areas. Firstly, there’s an improved outlook on households’ financial status, moving from 51.3 in October to 51.8. Also, perceptions of the current state of Mexico’s economy have brightened slightly, from 43.8 to 44.2.

Moreover, looking ahead, expectations for the next year are also positive. Households’ financial prospects for the coming 12 months have risen from 57.1 to 58.1, and confidence in the nation’s economy for the same period has grown from 49 to 50.5. Additionally, consumers are more willing to make significant purchases, with the indicator increasing from 29.8 to 31.4.

Latest Posts

Gold Exceeded $2665: Now Overbought!

Gold exceeded $2665 resistance. However, robust buying pressure made...

USDMXN Breaks Above 20.53: Key Levels and Analysis

USDMXN breaks above 20.53 resistance in continuation of its...

EURJPY Bounced From 162.4: A Bullish Signal

EURJPY bounced from 162.4 support, resuming its bullish trajectory....

Bullish Symmetrical Triangle Signals NATGAS Breakout

NATGAS trades sideways in a low-momentum market inside the...

Crude Oil Holds at $72.8 After Initial Price Dip

Crude Oil price dipped from $75.24, testing the %50.0...

Gold Exceeded $2665: Now Overbought!

Gold exceeded $2665 resistance. However, robust buying pressure made...

Bullish Symmetrical Triangle Signals NATGAS Breakout

NATGAS trades sideways in a low-momentum market inside the...

Crude Oil Holds at $72.8 After Initial Price Dip

Crude Oil price dipped from $75.24, testing the %50.0...

Gold Stays Below $2665 Ahead of US Economic Data

On Monday, the price of gold remained below $2,665...

US Gasoline Futures Hit $2.07 Amid Oil Surge Amid Oil Surge

Gasoline futures in the US have climbed past $2.03...

NATGAS Dips 14% Amid Low Storage Draws

Natural gas prices in the U.S. fell sharply by...

WTI Crude Slips From $74 as Dollar Strengthens

Crude oil prices for West Texas Intermediate (WTI) dipped...

NATGAS is Hit $4 As the Year Ends

NATGAS hit $4.0, trading in a robust uptrend. The...