Jump to content

Daily Forex Discussion, Report And Technical analysis


Recommended Posts

TECHNICAL ANALYSIS REPORT – 19 AUGUST 2022

CHIP STOCKS PUSHED TECH HIGHER VANISH FED NEXT MONTH RATE HIKE NEWS

Asia Pacific stocks moved little on Friday. The Shanghai Composite is down 0.59% at 3,258.07. Overall, the Singapore MSCI is down 1.53% at 295.60. Over in Hong Kong, the Hang Seng Index is down 0.07% at 19,720.00. In Japan, the Nikkei 225 is down 0.03% at 28,930.00, while the Topix index is up 0.30% at 1995.50. South Korea’s Kospi is down 0.61% at 2,492.69. Australia S&P/ASX 200 up 0.02% at 7114.50.

Top News of the Day:

The Dow eked out a gain Thursday, to remain on course for a fifth-straight weekly gain as rallying chip stocks pushed tech higher even as a Federal Reserve official talked up the idea of another large rate hike next month.

Energy stocks also played a big role in the broader market climb as oil prices continued to ride, easing fears of the U.S. recession higher. Data on Thursday showed the labour market remained robust and manufacturing activity rebounded.

Market Summary as per 18/08/2022:

European equities Thursday closing. The DAX futures contract in Germany traded down 0.72% at 13,598.74, CAC 40 futures down 0.34% at 6535.34 and the UK 100 futures contract in the U.K. down 0.23% at 7,524.28.

In the U.S. on Wall Street, the Dow Jones Industrial Average closed up 0.06% at 33999.05. The S&P 500 up 0.23% at 4283.73 and the Nasdaq 100 up 0.26% at 13505.99, NYSE closes up 0.19% at 15763.89
 

TECHNICAL SUMMARY

GBPUSD

Technical Analysis
Technical Analysis

TRADE SUGGESTION- SELL AT 1.1914, TAKE PROFIT AT 1.1899 AND STOP LOSS AT 1.1927



VIEW FULL REPORT VISIT - CAPITALSTREETFX
 
 
Link to comment
Share on other sites

TECHNICAL ANALYSIS REPORT – 22 AUGUST 2022

OIL PRICES FALL AFTER THREE DAYS OF GAINING LEAGUE

Asian Pacific shares slipped on Monday. The Shanghai Composite is up 0.57% at 3,276.76. Overall, the Singapore MSCI is up 0.17% at 296.00. Over in Hong Kong, the Hang Seng Index is down 0.04% at 19,714.00. In Japan, the Nikkei 225 is down 0.76% at 28,710.00, while the Topix index is down 0.38% at 1988.00. South Korea’s Kospi is down 1.21% at 2,462.50. Australia S&P/ASX 200 down 0.95% at 7046.90.

Top News of the Day:

Oil prices slumped on Monday, ending three days of gains, as investors were concerned aggressive U.S. interest rate hikes will weaken the global economy and dent fuel demand while a strengthening dollar also added to pressure.

Both Brent and WTI climbed for a third straight day on Friday, but fell about 1.5% for the week on a stronger dollar and demand fears.

Market Summary as per 19/08/2022:

European equities Friday closing. The DAX futures contract in Germany traded down 1.12% at 13,544.52, CAC 40 futures down 0.94% at 6495.84 and the UK 100 futures contract in the U.K. up 0.11% at 7,550.38.

In the U.S. on Wall Street, the Dow Jones Industrial Average closed down 0.86% at 33706.75. The S&P 500 down 1.29% at 4228.49 and the Nasdaq 100 down 1.95% at 13242.90, NYSE closes down 1.11% at 15588.31
 

TECHNICAL SUMMARY

GBPUSD
 

Technical Analysis

 

Technical Analysis


TRADE SUGGESTION- SELL AT 1.1802, TAKE PROFIT AT 1.1800 AND STOP LOSS AT 1.1804

VIEW FULL REPORT VISIT - CAPITALSTREETFX

Link to comment
Share on other sites

TECHNICAL ANALYSIS REPORT – 23 AUGUST 2022

GAS PRICES SURGED 13% OVERNIGHT IN THE EUROPEAN UNION

Asian Pacific shares were down for a seventh straight session on Tuesday. The Shanghai Composite is down 0.18% at 3,271.98. Overall, the Singapore MSCI is down 1.66% at 290.55. Over in Hong Kong, the Hang Seng Index is down 1.17% at 19,364.00. In Japan, the Nikkei 225 is down 1.11% at 28,390.00, while the Topix index is down 1.01% at 1968.00. South Korea’s Kospi is down 1.10% at 2,435.34. Australia S&P/ASX 200 down 1.21% at 6961.80.

Top News of the Day:

A winter with impending energy shortages is rapidly coming, inflation is on the verge of double digits, and the European Central Bank has begun a cycle of tightening financial conditions. Worryingly, this outlook is still likely to get worse before any significant improvement well into 2023.

Benchmark gas prices in the European Union surged 13% overnight to a record peak, having doubled in just a month to be 14 times higher than the average of the past decade.

Market Summary as per 22/08/2022:

European equities Monday closing. The DAX futures contract in Germany traded down 2.32% at 13,230.57, CAC 40 futures down 1.80% at 6378.75 and the UK 100 futures contract in the U.K. down 0.22% at 7,533.80.

In the U.S. on Wall Street, the Dow Jones Industrial Average closed down 1.91% at 33063.62. The S&P 500 down 2.14% at 4138.00 and the Nasdaq 100 down 2.66% at 12890.54, NYSE closes down 1.58% at 15341.84.
 

TECHNICAL SUMMARY

GBPUSD

Technical Analysis
Technical Analysis

TRADE SUGGESTION- SELL AT 1.1771, TAKE PROFIT AT 1.1757 AND STOP LOSS AT 1.1789



VIEW FULL REPORT VISIT - CAPITALSTREETFX

Link to comment
Share on other sites

TECHNICAL ANALYSIS REPORT BY OUR EXPERT – 29 AUGUST 2022

U.S. DOLLAR INDEX SURGED TO 20 YR HIGH

Asian Pacific stock markets tumbled on Monday after hawkish comments from Fed. The Shanghai Composite is down 0.14% at 3,231.74. Overall, the Singapore MSCI is down 1.85% at 288.70. Over in Hong Kong, the Hang Seng Index is down 0.48% at 20,029.00. In Japan, the Nikkei 225 is down 2.66% at 27,850.00, while the Topix index is down 1.79% at 1944.13. South Korea’s Kospi is down 2.09% at 2,429.68. Australia S&P/ASX 200 down 1.93% at 6966.90.
Top News of the Day:

The U.S dollar surged to a 20-year high against a basket of currencies on Monday after Federal Reserve Chair Jerome Powell signalled interest rates would be kept higher for longer to bring down soaring inflation.

The dollar index scaled to a fresh two-decade peak of 109.44 in the Asia trade, with greenback strength pushing other major currencies to new lows and putting pressure on its emerging markets counterparts.

Market Summary as per 26/08/2022:

European equities Friday closing. The DAX futures contract in Germany traded down 2.26% at 12,971.47, CAC 40 futures down 1.68% at 6274.27 and the UK 100 futures contract in the U.K. down 0.70% at 7,427.32.

In the U.S. on Wall Street, the Dow Jones Industrial Average closed down 3.03% at 32283.41. The S&P 500 down 3.37% at 4057.66 and the Nasdaq 100 down 4.10% at 12605.17, NYSE closes down 2.67% at 15178.20.
 

TECHNICAL SUMMARY

Forex Technical Analysis



TRADE SUGGESTION- SELL AT 1.1660, TAKE PROFIT AT 1.1653 AND STOP LOSS AT 1.1668

VIEW FULL REPORT VISIT - CAPITALSTREETFX
 
 
Link to comment
Share on other sites

TECHNICAL ANALYSIS REPORT BY OUR EXPERT – 30 AUGUST 2022

OIL PRICES DIPPED IN FEAR OF INTEREST HIKE

Asian Pacific markets were mixed as concerns over a hawkish U.S. Federal Reserve persisted. The Shanghai Composite is down 0.75% at 3,216.42. Overall, the Singapore MSCI is up 0.55% at 291.40. Over in Hong Kong, the Hang Seng Index is down 1.44% at 19,739.00. In Japan, the Nikkei 225 is up 1.04% at 28,200.00, while the Topix index is up 1.21% at 1968.00. South Korea’s Kospi is up 0.94% at 2,449.34. Australia S&P/ASX 200 down 0.67% at 4030.60.

TOP NEWS OF THE DAY:

Oil prices dipped on Tuesday, paring some gains from the previous session, as the market feared that more aggressive interest rates hike from central banks may lead to a global economic slowdown and soften fuel demand.

Inflation is near double-digit territory in many of the world’s biggest economies, a level not seen in close to a half-century, which could prompt central banks in the United States and Europe to resort to more aggressive interest rate hikes.
 

Market Summary As Per 29/08/2022:

European equities Monday closing. The DAX futures contract in Germany traded down 0.61% at 12,892.99, CAC 40 futures down 0.83% at 6222.29 and the UK 100 futures contract in the U.K. down 0.70% at 7,427.32.

In the U.S. on Wall Street, the Dow Jones Industrial Average closed down 0.57% at 32099.00. The S&P 500 down 0.67% at 4030.60 and the Nasdaq 100 down 0.96% at 12484.32, NYSE closes down 0.39% at 15118.84.

 

TECHNICAL SUMMARY

Forex Technical Analysis



TRADE SUGGESTION- SELL AT 1.1702, TAKE PROFIT AT 1.1684 AND STOP LOSS AT 1.1731

VIEW FULL REPORT VISIT - CAPITALSTREETFX
 
 
Link to comment
Share on other sites

TECHNICAL ANALYSIS REPORT BY OUR EXPERT – 31 AUGUST 2022

GOLD SET FOR THE FIFTH MONTH OF LOSSES

Asian Pacific markets extended the global stocks selloff on Wednesday. The Shanghai Composite is down 0.75% at 3,202.94. Overall, the Singapore MSCI is down 1.03% at 289.30. Over in Hong Kong, the Hang Seng Index is up 0.07% at 19,885.00. In Japan, the Nikkei 225 is down 0.53% at 28,040.00, while the Topix index is down 0.41% at 1959.00. South Korea’s Kospi is up 0.74% at 2,469.12. Australia S&P/ASX 200 down 0.24% at 6981.80.

TOP NEWS OF THE DAY:

Gold prices fell on Wednesday and were set for a fifth straight month of losses amid fears of aggressive policy tightening by the Federal Reserve, while copper rose as Chinese manufacturing activity improved slightly in August. The data also comes ahead of U.S. nonfarm payrolls, due on Friday. A strong reading is likely to sway the Fed towards more aggressive policy tightening.
 

MARKET SUMMARY AS PER 30/08/2022:

European equities Tuesday closing. The DAX futures contract in Germany traded up 0.53% at 12,961.14, CAC 40 futures down 0.19% at 6210.23 and the UK 100 futures contract in the U.K. down 0.88% at 7,361.64.

In the U.S. on Wall Street, the Dow Jones Industrial Average closed down 0.96% at 31790.88. The S&P 500 down 1.10% at 3986.15 and the Nasdaq 100 down 1.13% at 12342.70, NYSE closes down 1.24% at 14931.42.
 

TECHNICAL SUMMARY

Forex Technical Analysis



TRADE SUGGESTION- SELL AT 1.1688, TAKE PROFIT AT 1.1653 AND STOP LOSS AT 1.1730

VIEW FULL REPORT VISIT - CAPITALSTREETFX
 
 
Link to comment
Share on other sites

TECHNICAL ANALYSIS REPORT BY OUR EXPERT – 01 SEPTEMBER 2022

Russia’s fresh gas stop worsens Europe’s energy crisis


Asian Pacific markets fell sharply on Thursday amid growing signs of weakness in China’s manufacturing sector. The Shanghai Composite is down 0.03% at 3,201.23. Overall, the Singapore MSCI is up 0.35% at 289.70. Over in Hong Kong, the Hang Seng Index is down 1.39% at 19,549.00. In Japan, the Nikkei 225 is down 1.74% at 27,630.00, while the Topix index is down 1.30% at 1936.50. South Korea’s Kospi is down 1.79% at 2,427.86. Australia S&P/ASX 200 down 1.60% at 6875.30.

TOP NEWS OF THE DAY:

Russia halted gas supplies via Europe’s key supply route on Wednesday, intensifying an economic battle between Moscow and Brussels and raising the prospects of recession and energy rationing in some of the region’s richest countries.

European governments fear Moscow could extend the outage in retaliation for Western sanctions imposed after it invaded Ukraine and have accused Russia of using energy supplies as a “weapon of war”. Moscow denies doing this and has cited technical reasons for supply cuts.
 

MARKET SUMMARY AS PER 31/08/2022:

European equities Wednesday closing. The DAX futures contract in Germany traded down 0.97% at 12,834.96, CAC 40 futures down 1.37% at 6125.10 and the UK 100 futures contract in the U.K. down 1.05% at 7,284.16.

In the U.S. on Wall Street, the Dow Jones Industrial Average closed down 0.88% at 31510.44. The S&P 500 down 0.78% at 3954.99 and the Nasdaq 100 down 0.57% at 12272.03, NYSE closes down 0.87% at 14801.24.
 

TECHNICAL SUMMARY

Forex Technical Analysis

GBPUSD
 
Technical Analysis
 
Technical Analysis

TRADE SUGGESTION– SELL AT 1.1585, TAKE PROFIT AT 1.1566 AND STOP LOSS AT 1.1591


VIEW FULL REPORT VISIT - CAPITALSTREETFX
 
 
Link to comment
Share on other sites

TECHNICAL ANALYSIS REPORT BY OUR EXPERT – 02 SEPTEMBER 2022

U.S. JOBLESS CLAIMS FALL TO 232,000

Asian Pacific markets were mixed on Friday. The Shanghai Composite is down 0.03% at 3,183.86. Overall, the Singapore MSCI is down 0.57% at 286.95. Over in Hong Kong, the Hang Seng Index is down 1.08% at 19,285.00. In Japan, the Nikkei 225 is down 0.04% at 27,630.00, while the Topix index is down 0.31% at 1928.50. South Korea’s Kospi is down 0.39% at 2,406.10. Australia S&P/ASX 200 down 0.19% at 6832.60.

TOP NEWS OF THE DAY:

The number of Americans filing for unemployment insurance unexpectedly dropped last week, according to Labor Department data on Thursday, hinting at lingering tightness in the country’s job market.

Seasonally adjusted initial jobless claims totalled 232,000 in the week ending August 27, a decrease of 5,000 compared to the prior level. Economists had anticipated the reading to climb to 248,000.
 

MARKET SUMMARY AS PER 01/09/2022:

European equities Thursday closing. The DAX futures contract in Germany traded down 1.60% at 12,630.23, CAC 40 futures down 1.48% at 6034.32 and the UK 100 futures contract in the U.K. down 1.86% at 7,148.51.

In the U.S. on Wall Street, the Dow Jones Industrial Average closed up 0.46% at 31656.43. The S&P 500 up 0.30% at 3966.86 and the Nasdaq 100 up 0.02% at 12274.62, NYSE closes down 0.20% at 14771.89.

 

TECHNICAL SUMMARY

Forex Technical Analysis

GBPUSD Technical Analysis

Technical Analysis
Technical Analysis

TRADE SUGGESTION- SELL AT 1.1538, TAKE PROFIT AT 1.1531 AND STOP LOSS AT 1.1550



VIEW FULL REPORT VISIT - CAPITALSTREETFX

Link to comment
Share on other sites

TECHNICAL ANALYSIS REPORT BY OUR EXPERT – 05 SEPTEMBER 2022

 

OIL PRICES UP $2/BBL AHEAD OF OPEC+ MEETING


Asian Pacific markets fell after strong U.S. jobs data raised the prospect of more steep interest rate hikes by the Federal Reserve. The Shanghai Composite is up 0.19% at 3,192.47. Overall, the Singapore MSCI is up 0.52% at 288.65. Over in Hong Kong, the Hang Seng Index is down 1.28% at 19,143.00. In Japan, the Nikkei 225 is down 0.07% at 27,640.00, while the Topix index is up 0.16% at 1930.00. South Korea’s Kospi is down 0.24% at 2,403.68. Australia S&P/ASX 200 up 0.34% at 6852.20.

Top News of the Day:

Oil prices rose more than $2 a barrel on Monday, extending gains as investors eyed possible moves by OPEC+ producers to cut output and support prices at a meeting later in the day.

At their meeting later on Monday, the Organization of the Petroleum Exporting Countries (OPEC) and its allies, a group known as OPEC+, may decide to keep current output levels or even cut production to bolster prices, despite supplies remaining tight.

Market Summary as per 02/09/2022:

European equities Friday closing. The DAX futures contract in Germany traded up 3.33% at 13,050.27, CAC 40 futures down 1.73% at 6061.03 and the UK 100 futures contract in the U.K. down 0.65% at 7,234.88.

In the U.S. on Wall Street, the Dow Jones Industrial Average closed down 1.07% at 31318.45. The S&P 500 down 1.07% at 3924.27 and the Nasdaq 100 down 1.44% at 12098.44, NYSE closes down 0.56% at 14689.50.
 

TECHNICAL SUMMARY

GBPUSD TECHNICAL ANALYSIS

Technical Analysis

 

Technical Analysis


TRADE SUGGESTION- SELL AT 1.1462, TAKE PROFIT AT 1.1444 AND STOP LOSS AT 1.1475

VIEW FULL REPORT VISIT - CAPITALSTREETFX

Link to comment
Share on other sites

TECHNICAL ANALYSIS REPORT BY OUR EXPERT – 06 SEPTEMBER 2022

 

RUSSIA CLOSED DOWN NORD STREAM 1 PIPELINE

Asian Pacific markets down on Tuesday. The Shanghai Composite is up 1.14% at 3,236.63. Overall, the Singapore MSCI is down 0.28% at 287.95. Over in Hong Kong, the Hang Seng Index is down 0.08% at 19,135.00. In Japan, the Nikkei 225 is down 0.04% at 27,630.00, while the Topix index is down 0.13% at 1928.00. South Korea’s Kospi is up 0.18% at 2,408.05. Australia S&P/ASX 200 down 0.29% at 6832.50.

TOP NEWS OF THE DAY:

Europe’s energy emergency deepened after Russia closed down the Nord Stream 1 pipeline to Germany late on Friday, raising fears that the continent will have to do without natural gas from its biggest supplier this winter. Russia attributed the shutdown to technical problems that required maintenance.

The developments make a deeper recession and a higher peak in inflation likely, with natural gas and electricity prices surging again and the euro falling to a new 20-year low against the dollar.
 

MARKET SUMMARY AS PER 05/09/2022:

European equities Monday closing. The DAX futures contract in Germany traded down 2.22% at 12,760.78, CAC 40 futures down 1.20% at 6093.23 and the UK 100 futures contract in the U.K. up 0.09% at 7,287.42.

In the U.S. on Wall Street, the Dow Jones Industrial Average closed down 1.07% at 31318.45. The S&P 500 down 1.07% at 3924.27 and the Nasdaq 100 down 1.44% at 12098.44, NYSE closes down 0.56% at 14689.50.

TECHNICAL SUMMARY

GBPUSD TECHNICAL ANALYSIS

Technical Analysis
Technical Analysis

TRADE SUGGESTION- SELL AT 1.1591, TAKE PROFIT AT 1.1493 AND STOP LOSS AT 1.1685

VIEW FULL REPORT VISIT - CAPITALSTREETFX
 
 
Link to comment
Share on other sites

TECHNICAL ANALYSIS REPORT BY OUR EXPERT – 07 SEPTEMBER 2022

 

ASIAN MARKETS SANK AFTER WEAK CHINESE TRADE DATA

Asian Pacific stock markets sank on Wednesday. The Shanghai Composite is down 0.01% at 3,242.96. Overall, the Singapore MSCI is down 1.07% at 285.30. Over in Hong Kong, the Hang Seng Index is down 1.56% at 18,839.00. In Japan, the Nikkei 225 is down 0.87% at 27,360.00, while the Topix index is down 0.65% at 1912.00. South Korea’s Kospi is down 1.55% at 2,372.62. Australia S&P/ASX 200 down 1.51% at 6723.10.
Top News of the Day:

Most Asian stock markets sank on Wednesday amid growing fears of more monetary policy tightening by the Fed, while weaker-than-expected Chinese trade data also weighed on sentiment.

Tech-heavy Taiwan and Hong Kong stocks were the worst performers in the region, losing 1.6% and 1.8%, respectively, amid jitters over rising U.S. interest rates.

Market Summary as per 06/09/2022:

European equities Tuesday closing. The DAX futures contract in Germany traded up 0.87% at 12,871.44, CAC 40 futures up 0.19% at 6104.62 and the UK 100 futures contract in the U.K. up 0.18% at 7,300.45.

In the U.S. on Wall Street, the Dow Jones Industrial Average closed down 0.55% at 31145.31. The S&P 500 down 0.41% at 3908.20 and the Nasdaq 100 down 0.72% at 12011.31, NYSE closes down 0.39% at 14631.51.
 

TECHNICAL SUMMARY

GBPUSD Technical Analysis

Technical Analysis
Technical Analysis

TRADE SUGGESTION- SELL AT 1.1474, TAKE PROFIT AT 1.1448 AND STOP LOSS AT 1.1497



VIEW FULL REPORT VISIT - CAPITALSTREETFX

Link to comment
Share on other sites

TECHNICAL ANALYSIS REPORT BY OUR EXPERT – 08 SEPTEMBER 2022

FED ANTICIPATES “WEAK” GROWTH AS CONSUMER PRICES RISE

Asian Pacific made broad gains on Thursday. The Shanghai Composite is down 0.15% at 3,241.41. Overall, the Singapore MSCI is up 0.94% at 288.90. Over in Hong Kong, the Hang Seng Index is down 0.32% at 18,940.00. In Japan, the Nikkei 225 is up 1.97% at 28,000.00, while the Topix index is up 0.78% at 1933.00. South Korea’s Kospi is up 0.35% at 2,384.77. Australia S&P/ASX 200 up 1.58% at 6835.80.
Top News of the Day:

The outlook for future economic growth remains “generally weak” at a time when rising food and rent prices have forced consumers to switch spending to essentials, according to the Federal Reserve’s Beige Book released Wednesday.

While there have been signs of a “moderation” in the pace of inflation, price levels remained “highly elevated,” according to the report.

Market Summary as per 07/09/2022:

European equities Wednesday closing. The DAX futures contract in Germany traded up 0.35% at 12,915.97, CAC 40 futures up 0.02% at 6105.93 and the UK 100 futures contract in the U.K. down 0.86% at 7,237.84.

In the U.S. on Wall Street, the Dow Jones Industrial Average closed up 1.40% at 31581.29. The S&P 500 up 1.83% at 3979.88 and the Nasdaq 100 up 2.07% at 12259.39, NYSE closes up 1.46% at 14844.56.
 

TECHNICAL SUMMARY

GBPUSD Technical Analysis

 
Technical Analysis

TRADE SUGGESTION- SELL AT 1.1516, TAKE PROFIT AT 1.1495 AND STOP LOSS AT 1.1546

VIEW FULL REPORT VISIT - CAPITALSTREETFX

Link to comment
Share on other sites

TECHNICAL ANALYSIS REPORT BY OUR EXPERT – 09 SEPTEMBER 2022

ECB KEY RATE HIKE BY 75 BASIS POINT

Asian Pacific stock markets rose on Friday. The Shanghai Composite is up 0.79% at 3,261.08. Overall, the Singapore MSCI is up 1.07% at 291.80. Over in Hong Kong, the Hang Seng Index is up 2.62% at 19,342.00. In Japan, the Nikkei 225 is down 0.11% at 28,000.00, while the Topix index is up 0.49% at 1946.00. South Korea’s Kospi is up 0.33% at 2,384.28. Australia S&P/ASX 200 up 0.66% at 6894.20.
Top News of the Day:

The European Central Bank raised its three official interest rates by 75 basis points each, its biggest ever single move in interest rates, and warned of more hikes to come, as it struggles to bring record high inflation back under control.

The Frankfurt-based central bank raised its key deposit rate, which provides the effective floor for money-market rates, to 0.75%, while the refinancing rate rose to 1.25% and the overnight lending rate to 1.50%.

Market Summary as per 08/09/2022:

European equities Thursday closing. The DAX futures contract in Germany traded down 0.09% at 12,904.32, CAC 40 futures up 0.33% at 6125.91 and the UK 100 futures contract in the U.K. up 0.33% at 7,262.05.

In the U.S. on Wall Street, the Dow Jones Industrial Average closed up 0.61% at 31774.53. The S&P 500 up 0.66% at 4006.19 and the Nasdaq 100 up 0.50% at 12321.19, NYSE closes up 0.79% at 14961.76.
 

TECHNICAL SUMMARY

GBPUSD TECHNICAL ANALYSIS

O1K43Lsgd1_jp1T8OdoJCtvpg4-iGk3YT0-rxj7eTBaEP4UX_D6DukydD7HD7jvkatlxhosZcoDyCnSzoByCA2QVJlEDsKuGTSPgOclkYvfAPLA1bXOmuLSKhSBoL_bVOMXsIzzvKs1zQK79Dp5A9SAnoUTMZeA3ZL0O5HvVf6T5IVYkn_Lm6P2SJwD5lNrcsfdd4Q



TRADE SUGGESTION- SELL AT 1.1614, TAKE PROFIT AT 1.1493 AND STOP LOSS AT 1.1685

VIEW FULL REPORT VISIT - CAPITALSTREETFX

Link to comment
Share on other sites

TECHNICAL ANALYSIS REPORT BY OUR EXPERT – 12 SEPTEMBER 2022

U.S. FUTURES RISE FOLLOWING SUCCESSFUL WEEK

Asian Pacific stock markets rose on Monday. The Shanghai Composite is up 0.82% at 3,262.05. Overall, the Singapore MSCI is up 1.01% at 295.95. Over in Hong Kong, the Hang Seng Index is down 0.51% at 19,264.00. In Japan, the Nikkei 225 is up 1.00% at 28,280.00, while the Topix index is up 0.62% at 1959.50. South Korea’s Kospi is up 0.33% at 2,384.28. Australia S&P/ASX 200 up 1.02% at 6964.60.
Top News of the Day:

U.S. stock futures were trading higher during Sunday’s evening deals, after major benchmark averages snapped three consecutive weeks of decline while market participants look ahead to key inflation data set to be released later in the week.

Ahead in the week, investors will be closely monitoring August’s consumer price index print, with annual inflation expected to slow to 8.1% from 8.5%, while monthly inflation may fall by 0.1% to the first decline since May 2020.

Market Summary as per 09/09/2022:

European equities Friday closing. The DAX futures contract in Germany traded up 1.43% at 13,088.21, CAC 40 futures up 1.41% at 6212.34 and the UK 100 futures contract in the U.K. up 1.23% at 7,351.08.

In the U.S. on Wall Street, the Dow Jones Industrial Average closed up 1.19% at 32151.72. The S&P 500 up 1.53% at 4067.35 and the Nasdaq 100 up 2.17% at 12588.29, NYSE closes up 1.53% at 15190.78.
 

GBPUSD TECHNICAL ANALYSIS

 
 

TRADE SUGGESTION- BUY AT 1.1642, TAKE PROFIT AT 1.1696 AND STOP LOSS AT 1.1607


VIEW FULL REPORT VISIT - CAPITALSTREETFX
 
 
Link to comment
Share on other sites

TECHNICAL ANALYSIS REPORT BY OUR EXPERT – 13 SEPTEMBER 2022

OIL SLIPS DUE TO LOW DEMAND FEAR


Asian Pacific stock markets rose slightly on Tuesday. The Shanghai Composite is up 0.07% at 3,264.33. Overall, the Singapore MSCI is up 0.99% at 299.45. Over in Hong Kong, the Hang Seng Index is up 0.40% at 19,438.00. In Japan, the Nikkei 225 is up 0.50% at 28,400.00, while the Topix index is up 0.43% at 1966.00. South Korea’s Kospi is up 2.87% at 2,452.69. Australia S&P/ASX 200 up 0.71% at 7013.70.
Top News of the Day:

Oil prices fell in choppy trade on Tuesday as traders feared more headwinds to demand from COVID lockdowns in China, with a focus now turning to the OPEC’s monthly outlook report due later in the day.

A series of COVID lockdowns in China, the world’s largest crude importer, has spurred a severe decline in oil imports to the country this year, threatening to turn Chinese oil demand negative.

Market Summary as per 12/09/2022:

European equities Monday closing. The DAX futures contract in Germany traded up 2.40% at 13,402.27, CAC 40 futures up 1.95% at 6333.60 and the UK 100 futures contract in the U.K. up 1.66% at 7,473.04.

In the U.S. on Wall Street, the Dow Jones Industrial Average closed up 0.71% at 32381.35. The S&P 500 up 1.06% at 4110.42 and the Nasdaq 100 up 1.20% at 12739.72, NYSE closes up 1.06% at 15352.18.

 

TECHNICAL SUMMARY



VIEW FULL REPORT VISIT - CAPITALSTREETFX

Link to comment
Share on other sites

FUNDAMENTAL AND TECHNICAL ANALYSIS REPORT – 14 SEPTEMBER 2022

BOJ PREPARING FOR INTERVENTION IN FX RATES

Asia Pacific stock markets logged sharp losses on Wednesday. The Shanghai Composite is down 1.08% at 3,228.63. Overall, the Singapore MSCI is down 1.94% at 293.45. Over in Hong Kong, the Hang Seng Index is down 2.46% at 18,842.00. In Japan, the Nikkei 225 is down 2.71% at 27,630.00, while the Topix index is down 1.79% at 1951.07. South Korea’s Kospi is down 1.60% at 2,410.42. Australia S&P/ASX 200 down 2.41% at 6841.40.

Top News of the Day:

The Bank of Japan has conducted a rate check-in in apparent preparation for currency intervention, the Nikkei newspaper reported on Wednesday, as policymakers stepped up warnings about sharp falls in the yen.

The yen rose slightly from a near 24-year low against the dollar after the report, which cited unidentified sources, and was trading around 143.89 at 0520 GMT.

Market Summary as per 13/09/2022:

European equities Tuesday closing. The DAX futures contract in Germany traded down 1.59% at 13,188.95, CAC 40 futures down 1.39% at 6245.69 and the UK 100 futures contract in the U.K. down 1.17% at 7,385.86.

In the U.S. on Wall Street, the Dow Jones Industrial Average closed down 3.94% at 31104.98. The S&P 500 down 4.32% at 3932.68 and the Nasdaq 100 down 5.54% at 12033.62, NYSE closes down 3.46% at 14820.79.
 

TECHNICAL ANALYSIS

GBPUSD TECHNICAL ANALYSIS

Technical Analysis
 
Technical Analysis

TRADE SUGGESTION- SELL AT 1.1482, TAKE PROFIT AT 1.1457 AND STOP LOSS AT 1.1521


VIEW FULL REPORT VISIT - CAPITALSTREETFX
 
 
Link to comment
Share on other sites

FUNDAMENTAL AND TECHNICAL ANALYSIS REPORT – 15 SEPTEMBER 2022


European Stock Futures Slip Lower Due To Fragile Sentiment

Asian Pacific steadied from recent losses on Thursday. The Shanghai Composite is down 1.36% at 3,193.46. Overall, the Singapore MSCI is up 0.05% at 293.40. Over in Hong Kong, the Hang Seng Index is up 0.36% at 18,875.00. In Japan, the Nikkei 225 is up 0.11% at 27,680.00, while the Topix index is up 0.29% at 1933.00. South Korea’s Kospi is down 0.40% at 2,401.83. Australia S&P/ASX 200 up 0.21% at 6842.90.

Top News of the Day:

European stock markets are expected to open largely marginally lower Thursday, stabilizing after losses earlier in the week, but sentiment remains fragile as investors fret about the impact of tightening monetary policy as economic growth slows.
European stocks will receive the benefit of modest gains on Wall Street late Wednesday and in Asia overnight, but a meaningful near-term recovery is unlikely.

Market Summary as per 14/09/2022:

European equities Wednesday closing. The DAX futures contract in Germany traded down 1.22% at 13,028.00, CAC 40 futures down 0.37% at 6222.42 and the UK 100 futures contract in the U.K. down 1.47% at 7,277.31.
In the U.S. on Wall Street, the Dow Jones Industrial Average closed up 0.10% at 31135.10. The S&P 500 up 0.34% at 3946.02 and the Nasdaq 100 up 0.84% at 12134.40, NYSE closes up 0.15% at 14843.21.
 

TECHNICAL ANALYSIS

GBPUSD TECHNICAL ANALYSIS

Technical Analysis

 

Technical Analysis


TRADE SUGGESTION- SELL AT 1.1523, TAKE PROFIT AT 1.1478 AND STOP LOSS AT 1.1547


VIEW FULL REPORT VISIT - CAPITALSTREETFX

Link to comment
Share on other sites

FUNDAMENTAL AND TECHNICAL ANALYSIS REPORT – 16 SEPTEMBER 2022

 

Street Falls Down Amid Fed Fears And Economic Rumblings

Asian Pacific markets tumbled on Friday. The Shanghai Composite is down 1.45% at 3,153.54. Overall, the Singapore MSCI is down 0.68% at 291.10. Over in Hong Kong, the Hang Seng Index is down 0.25% at 18,817.00. In Japan, the Nikkei 225 is down 1.16% at 27,360.00, while the Topix index is down 0.72% at 1919.00. South Korea’s Kospi is down 1.01% at 2,377.04. Australia S&P/ASX 200 down 1.36% at 6749.50.

Top News of the Day:

Wall Street ended sharply lower on Thursday, extending its losses in late afternoon trading as a raft of economic data failed to alter the expected course of aggressive tightening by the Federal Reserve amid growing warnings of global recession.

Market Summary as per 15/09/2022:

European equities Thursday closing. The DAX futures contract in Germany traded down 0.55% at 12,956.66, CAC 40 futures down 1.04% at 6157.85 and the UK 100 futures contract in the U.K. up 0.07% at 7,282.08.

In the U.S. on Wall Street, the Dow Jones Industrial Average closed down 0.56% at 30961.83. The S&P 500 down 1.13% at 3901.34 and the Nasdaq 100 down 1.71% at 11927.49, NYSE closes down 0.82% at 14722.02.

 

TECHNICAL ANALYSIS

GBPUSD TECHNICAL ANALYSIS

Technical Analysis

 

Technical Analysis


TRADE SUGGESTION- SELL AT 1.1419, TAKE PROFIT AT 1.1412 AND STOP LOSS AT 1.1424


VIEW FULL REPORT VISIT - 
CAPITALSTREETFX

Link to comment
Share on other sites

GERMAN BUND FUT. PRICE TECHNICAL ANALYSIS – 16 SEPTEMBER 2022


GERMAN BUND FUT. Price Technical Analysis: Weekly Chart
 

GERMAN BUND FUT


In the weekly charts, GERMAN BUND FUT. is trading in down channel. GERMAN BUND FUT. is currently trading below all SMA.

RSI is in the selling zone which indicates bearishness.

MACD is currently below zero which indicates bearishness.Its immediate support is 140.65 & the resistance level is at 146.63.

GERMAN BUND FUT. will trade in down channel until there is trend reversal.
 

GERMAN BUND FUT. Price Technical Analysis: Daily Chart

VIEW FULL REPORT VISIT - CAPITALSTREETFX

Link to comment
Share on other sites

FUNDAMENTAL AND TECHNICAL ANALYSIS REPORT – 19 SEPTEMBER 2022

 

DOLLAR AT 20-YEAR PEAK ON MONDAY

Asian Pacific stock markets fell on Monday. The Shanghai Composite is down 0.68% at 3,105.20. Overall, the Singapore MSCI is down 0.27% at 290.25. Over in Hong Kong, the Hang Seng Index is down 1.06% at 18,519.00. In Japan, the Nikkei 225 is flat at 27,350.00, while the Topix index is down 0.18% at 1914.50. South Korea’s Kospi is down 1.19% at 2,354.39. Australia S&P/ASX 200 down 0.07% at 6734.60.

Top News of the Day:

The dollar lingered near a two-decade top on major peers on Monday, ahead of a week loaded with market holidays and central bank decisions from Washington to London and Tokyo.

Investors have scrambled to price in higher U.S. interest rates and a stronger dollar, as U.S. consumer price rises have proved stubbornly persistent.

Market Summary as per 16/09/2022:

European equities Friday closing. The DAX futures contract in Germany traded down 1.66% at 12,741.26, CAC 40 futures down 1.31% at 6077.29 and the UK 100 futures contract in the U.K. down 0.62% at 7,236.69.

In the U.S. on Wall Street, the Dow Jones Industrial Average closed down 0.45% at 30822.43. The S&P 500 down 0.72% at 3873.32 and the Nasdaq 100 down 0.55% at 11861.38, NYSE closes down 1.01% at 14573.91.

 

TECHNICAL ANALYSIS

GBPUSD Technical Analysis

Technical Analysis

 

Technical Analysis


TRADE SUGGESTION- SELL AT 1.1388, TAKE PROFIT AT 1.1374 AND STOP LOSS AT 1.1397


VIEW FULL REPORT VISIT - 
CAPITALSTREETFX

Link to comment
Share on other sites

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now
  • 👍 Join TopGold.Forum Now

    The Most Welcoming & Trustworthy Earning Online Community

    Join over 25,000 members and 700 businesses on their journey to strike GOLD. 💰🍾👍

    👩 Want to make money online? 
    💼 Represent a company? 

⤴️-Paid Ad- TGF approve this banner. Add your banner here.🔥

×
×
  • Create New...