
Login to Market Insight Account
Your Market Insight account gives you access to the tools that we offer our customers including our
Technical Studies & Sentiment for your accounts.
Don't you have a Market Insight account? With a few easy steps you can easily register to Market Insight
Register
Thank you!
Welcome to Market Insight family!
You have succesfully completed the registration. We will send you an e-mail to give you some instructions and our Terms and Conditions!
Our account representatives will be contacting you as soon as possible. If you have any further questions please do not hesitate to
mail us via support@marketinsightprime.com
News

NZD/USD remains on the road to recovery ahead of China data
With the US President Donald Trump breaking positive trade news for China, NZD/USD followed other Antipodeans and recovered from the latest lows. | 13/08/2019 22:42
- NZD/USD recently benefited from trade-positive news.
- The tension surrounding Hong Kong and ahead of China’s key statistics cap the Kiwi’s upside.
With the US President Donald Trump breaking positive trade news for China, NZD/USD followed other Antipodeans and recovered from the latest lows. The Kiwi pair carries the gains forward while trading near 0.6455 at the start of Wednesday’s Asian session.
The US finally shifted tariffs on some of the Chinese goods from September 01 to December 15 and triggered market risk-on during the previous day. Commodity-linked currencies reacted positively the news while the Kiwi recovered some of the earlier losses, mainly due to upbeat inflation numbers from the US.
Not only the tariffs but reports that the US and Chinese diplomats are again talking trade also pleased traders on Tuesday.
However, geopolitical tension surrounding Hong Kong remains in the limelight and keeps the prices in check. With this, the Kiwi pair closed without major change from the opening price on Tuesday.
During the early day, markets kept extending their support to the quote ahead of China’s July month Retail Sales and Industrial Production data. Forecasts suggest Retail Sales (YoY) to soften to 8.6% from 9.8% prior while Industrial Production could also take a hit to 5.8% from 6.3% while looking at the yearly figures.
Technical Analysis
A Doji candle on the Daily chart supports price recovery to 21-day exponential moving average (EMA) level of 0.6550. However, a sustained break beyond June month low of 0.6487 becomes necessary for the same. In the absence of which, prices may revisit 0.6400 and latest low surrounding 0.6378.
Popular News
-
EUR/JPY sticks to gains near 1-month tops, around 121.00 mark ahead of Lagarde
The EUR/JPY cross held on to its mildly positive tone around the 121.00 handle, or one-month tops, and had a rather muted reaction to the latest ECB m | 12/12/2019 13:12
-
EUR/GBP clings to modest gains near 0.8450 as ECB leaves rates unchanged
The EUR/GBP pair rose to a fresh six-day high of 0.8462 on Thursday amid choppy GBP valuation ahead of the UK election but erased a small portion of i | 12/12/2019 13:07
-
Russia Foreign Trade below expectations ($14B) in October: Actual ($12.423B)
Russia Foreign Trade below expectations ($14B) in October: Actual ($12.423B) | 12/12/2019 13:00
-
Russia Central Bank Reserves $ increased to $546.6B from previous $542.2B
Russia Central Bank Reserves $ increased to $546.6B from previous $542.2B | 12/12/2019 13:00
-
ECB: Low take-up for TLTRO – Danske Bank
Danske Bank analysts point out that in the ECB's TLTRO3.2 operation (December 2019), banks took only EUR97.7, much below their expectations with 122 b | 12/12/2019 12:57
-
Turkey: Repo rate cut to 12% – TDS
Analysts at TD Securities note that in Turkey, the CBRT cut the one-week repo rate from 14.00% to 12.00%, once again easing more than the market expec | 12/12/2019 12:54
-
EUR/USD moves little post-ECB, focus remains on Lagarde's press conference
The shared currency moved little, with the EUR/USD pair holding steady around the 1.1130 region post-ECB announcement. As was widely expected, the Eur | 12/12/2019 12:53
-
ECB press conference: Lagarde speech live stream – December 12
Christine Lagarde, President of the European Central Bank (ECB), is scheduled to deliver her remarks on the monetary policy outlook in a press confere | 12/12/2019 12:50
-
ECB leaves interest rates unchanged in December as expected
At its monetary policy meeting held on December 12th, the Governing Council of the European Central Bank (ECB) decided to leave the interest rates on | 12/12/2019 12:48
-
European Monetary Union ECB Deposit Rate Decision meets forecasts (-0.5%)
European Monetary Union ECB Deposit Rate Decision meets forecasts (-0.5%) | 12/12/2019 12:45
-
European Monetary Union ECB Interest Rate Decision meets expectations (0%)
European Monetary Union ECB Interest Rate Decision meets expectations (0%) | 12/12/2019 12:45
-
USD/JPY Technical Analysis: Intraday uptick falters ahead of descending trend-line/200-hour SMA
The USD/JPY pair continued showing some resilience below mid-108.00s and managed to regain some positive traction on Thursday. The attempted recovery, | 12/12/2019 12:26
-
India Manufacturing Output climbed from previous -3.9% to -2.1% in October
India Manufacturing Output climbed from previous -3.9% to -2.1% in October | 12/12/2019 12:03
-
India Industrial Output came in at -3.8%, above expectations (-5%) in October
India Industrial Output came in at -3.8%, above expectations (-5%) in October | 12/12/2019 12:03
-
India Cumulative Industrial Output fell from previous 1.3% to 0.5% in October
India Cumulative Industrial Output fell from previous 1.3% to 0.5% in October | 12/12/2019 12:03
-
NZD/USD trades in tight range below 0.66 following Wednesday's rally
The NZD/USD pair capitalized on the broad-based USD weakness in the second half of the day on Wednesday and rose to its highest level since late July | 12/12/2019 12:01
-
Mexico Industrial Output (YoY) below forecasts (-2.1%) in October: Actual (-3%)
Mexico Industrial Output (YoY) below forecasts (-2.1%) in October: Actual (-3%) | 12/12/2019 12:00
-
Mexico Industrial Output (MoM): -1.1% (October) vs previous 0%
Mexico Industrial Output (MoM): -1.1% (October) vs previous 0% | 12/12/2019 12:00
-
AUD/USD rallies to fresh 1-month tops, eyeing to reclaim 0.6900 handle
The buying interest around the Australian dollar picked up some pace in the last hour and pushed the AUD/USD pair to fresh one-month tops, closer to t | 12/12/2019 11:58
-
EUR/USD eases from 1-month tops, turns neutral ahead of ECB
The EUR/USD pair extended its steady pullback from over one-month tops and is currently placed near the lower end of its daily trading range, around 1 | 12/12/2019 11:36
-
Turkey: CBRT cuts policy (one-week repo auction) rate to 12% from 14%
The Central Bank of the Republic of Turkey (CBRT) on Thursday announced that it cut the policy rate (one-week repo auction rate) by 200 basis points t | 12/12/2019 11:18
-
USD/CAD continues to consolidate Wednesday's losses near 1.3170
The USD/CAD pair lost 60 pips on Wednesday after the greenback came under strong selling pressure amid Federal Open Market Committee (FOMC) Chairman J | 12/12/2019 11:11
-
US: PPI inflation and Jobless Claims in focus – TDS
In view of analysts at TD Securities, the market expects the US PPI inflation to advance 0.2% m/m in November, lifting the annual measure by two tenth | 12/12/2019 11:11
-
Ireland HICP (MoM) unchanged at -0.2% in November
Ireland HICP (MoM) unchanged at -0.2% in November | 12/12/2019 11:02
-
Ireland HICP (YoY): 0.8% (November) vs 0.6%
Ireland HICP (YoY): 0.8% (November) vs 0.6% | 12/12/2019 11:02
-
Ireland Consumer Price Index (YoY) up to 1.1% in November from previous 0.7%
Ireland Consumer Price Index (YoY) up to 1.1% in November from previous 0.7% | 12/12/2019 11:01
-
Ireland Consumer Price Index (MoM) increased to -0.1% in November from previous -0.3%
Ireland Consumer Price Index (MoM) increased to -0.1% in November from previous -0.3% | 12/12/2019 11:01
-
Turkey CBRT Interest Rate Decision registered at 12%, below expectations (12.5%) in December
Turkey CBRT Interest Rate Decision registered at 12%, below expectations (12.5%) in December | 12/12/2019 11:00
-
Eurozone: Industrial production contracts in October – ING
Peter Vanden Houte, chief economist at ING, notes that Eurozone’s industrial production fell by 0.5% month-on month in October after a downwardly revi | 12/12/2019 10:47
-
UK election: PM Johnson's Conservatives remain in lead with 44% – Ipsos MORI
Support for the British Prime Minister Boris Johnson's Conservative Party in Thursday's election is at 44%, showed an opinion poll conducted by Ipsos | 12/12/2019 10:46