FUNDAMENTAL AND TECHNICAL ANALYSIS REPORT – 20 SEPTEMBER 2022
RUSSIA SURGING OIL EXPORT TO CHINA
Asian Pacific recovered from recent losses on Tuesday. The Shanghai Composite is up 0.46% at 3,129.86. Overall, the Singapore MSCI is up 1.28% at 292.90. Over in Hong Kong, the Hang Seng Index is up 1.33% at 18,821.00. In Japan, the Nikkei 225 is up 0.37% at 27,450.00, while the Topix index is up 0.50% at 1927.50. South Korea’s Kospi is up 0.64% at 2,370.62. Australia S&P/ASX 200 up 1.27% at 6805.00.
Top News of the Day:
China’s crude oil imports from Russia in August surged 28% from a year earlier, data showed on Tuesday, but it handed back its top supplier ranking to Saudi Arabia for the first time in four months.
Imports of Russian oil, including supplies pumped via the East Siberia Pacific Ocean pipeline and seaborne shipments from Russia’s European and Far Eastern ports, totalled 8.342 million tonnes, data from the Chinese General Administration of Customs showed.
Market Summary as per 19/09/2022:
European equities Monday closing. The DAX futures contract in Germany traded up 0.49% at 12,803.24, CAC 40 futures down 0.26% at 6061.60 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 up 0.64% at 31019.69. The S&P 500 up 0.69% at 3899.88 and the Nasdaq 100 up 0.77% at 11953.27, NYSE closes up 0.69% at 14674.45.
TECHNICAL ANALYSIS
GBPUSD TECHNICAL ANALYSIS
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TRADE SUGGESTION- SELL AT 1.1431, TAKE PROFIT AT 1.1349 AND STOP LOSS AT 1.1479
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Topic: DAILY TECHNICAL ANALYSIS WITH CANDLESTICK CHARTS – 25 OCTOBER 2021 - page 4. (Read 2165 times)
September 20, 2022, 05:18:47 AM
September 19, 2022, 06:12:36 AM
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
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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
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September 17, 2022, 06:30:37 AM
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
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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
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September 16, 2022, 06:02:27 AM
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
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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
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September 15, 2022, 07:32:11 AM
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
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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
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September 14, 2022, 05:42:20 AM
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
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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
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September 13, 2022, 06:46:46 AM
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
GBPUSD TECHNICAL ANALYSIS
Technical Analysis
Technical Analysis
TRADE SUGGESTION- BUY AT 1.1705, TAKE PROFIT AT 1.1757 AND STOP LOSS AT 1.1644
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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
GBPUSD TECHNICAL ANALYSIS
Technical Analysis
Technical Analysis
TRADE SUGGESTION- BUY AT 1.1705, TAKE PROFIT AT 1.1757 AND STOP LOSS AT 1.1644
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September 12, 2022, 06:08:31 AM
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
Technical Analysis
Technical Analysis
TRADE SUGGESTION- BUY AT 1.1642, TAKE PROFIT AT 1.1696 AND STOP LOSS AT 1.1607
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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
Technical Analysis
Technical Analysis
TRADE SUGGESTION- BUY AT 1.1642, TAKE PROFIT AT 1.1696 AND STOP LOSS AT 1.1607
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September 09, 2022, 06:21:25 AM
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
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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
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TRADE SUGGESTION- SELL AT 1.1614, TAKE PROFIT AT 1.1493 AND STOP LOSS AT 1.1685
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September 08, 2022, 07:54:26 AM
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
Technical Analysis
TRADE SUGGESTION- SELL AT 1.1516, TAKE PROFIT AT 1.1495 AND STOP LOSS AT 1.1546
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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
Technical Analysis
TRADE SUGGESTION- SELL AT 1.1516, TAKE PROFIT AT 1.1495 AND STOP LOSS AT 1.1546
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September 07, 2022, 04:49:03 AM
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
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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
September 06, 2022, 05:47:35 AM
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
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
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September 05, 2022, 05:21:36 AM
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
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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
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September 02, 2022, 05:08:53 AM
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
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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
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September 01, 2022, 04:48:24 AM
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
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
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August 31, 2022, 04:46:48 AM
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
GBPUSD
technical analysis
technical analysis
TRADE SUGGESTION- SELL AT 1.1688, TAKE PROFIT AT 1.1653 AND STOP LOSS AT 1.1730
VIEW FULL REPORT VISIT - CAPITALSTREETFX
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
GBPUSD
technical analysis
technical analysis
TRADE SUGGESTION- SELL AT 1.1688, TAKE PROFIT AT 1.1653 AND STOP LOSS AT 1.1730
VIEW FULL REPORT VISIT - CAPITALSTREETFX
August 30, 2022, 05:41:36 AM
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
GBPUSD
Technical Analysis
Technical Analysis
TRADE SUGGESTION- SELL AT 1.1702, TAKE PROFIT AT 1.1684 AND STOP LOSS AT 1.1731
VIEW FULL REPORT VISIT - CAPITALSTREETFX
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
GBPUSD
Technical Analysis
Technical Analysis
TRADE SUGGESTION- SELL AT 1.1702, TAKE PROFIT AT 1.1684 AND STOP LOSS AT 1.1731
VIEW FULL REPORT VISIT - CAPITALSTREETFX
August 29, 2022, 07:10:05 AM
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
GBPUSD
TRADE SUGGESTION- SELL AT 1.1660, TAKE PROFIT AT 1.1653 AND STOP LOSS AT 1.1668
VIEW FULL REPORT VISIT - CAPITALSTREETFX
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
GBPUSD
TRADE SUGGESTION- SELL AT 1.1660, TAKE PROFIT AT 1.1653 AND STOP LOSS AT 1.1668
VIEW FULL REPORT VISIT - CAPITALSTREETFX
August 23, 2022, 07:35:01 AM
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
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
August 22, 2022, 06:29:15 AM
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
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
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