TECHNICAL ANALYSIS REPORT, ECONOMIC NEWS & PRICE CHART – 17 MAY 2022
ECONOMIC ANXIETIES INCREASE, YIELDS FALL & EQUITIES SUFFER
Asia-Pacific stocks were mostly up on Tuesday morning. The Shanghai Composite is up 0.47% at 3,088.00. Overall, the Singapore MSCI is down 0.44% at 292.45. Over in Hong Kong, the Hang Seng Index is up 2.64% at 20,446. In Japan, the Nikkei 225 is up 0.57% at 26,630.00, while the Topix index is up 0.22% at 1863.00. South Korea’s Kospi is up 0.92% at 2620.44. Australia S&P/ASX 200 up 0.27% at 7112.50.
Top News of the Day:
U.S. stocks closed mixed on Monday as downbeat Chinese and New York state data kindled recession fears, but the 10-year Treasury note’s yield staying firmly under 3% spurred hopes the Federal Reserve will prudently hike interest rate hikes.
Chinese retail and factory activity fell sharply in April as COVID-19 lockdowns severely disrupted supply chains while New York’s factory output slumped in May for the third time this year amid a collapse in new orders and shipments.
Market Summary as per 16/05/2022:
European equities Monday closing. The DAX futures contract in Germany traded down 0.45% at 13,964.38, CAC 40 futures down 0.23% at 6347.78 and the UK 100 futures contract in the U.K. up 0.30% at 7,486.10.
In the U.S. on Wall Street, the Dow Jones Industrial Average closed up 0.08% at 32223.43. The S&P 500 down 0.39% at 4008.02 and the Nasdaq 100 down 1.16% at 12243.58, NYSE closes up 0.02% at 15259.81.
TECHNICAL SUMMARY
GBPUSD
Technical Analysis
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Topic: DAILY TECHNICAL ANALYSIS WITH CANDLESTICK CHARTS – 25 OCTOBER 2021 - page 8. (Read 2184 times)
May 17, 2022, 04:53:25 AM
May 16, 2022, 04:37:44 AM
STOCK MARKET: INTEL CORP. PRICE CHART, ANALYSIS AND TRADING SIGNALS
INTEL CORP. TECHNICAL ANALYSIS: WEEKLY CHART
INTEL CORP technical analysis
In the weekly charts, INTEL CORP. is trading in a down channel. INTEL CORP. is currently trading below all SMA.
RSI is in selling zone which indicates bearishness. MACD is currently below zero which indicates bearishness.
Its immediate support is 41.99 & the resistance level is at 44.49.
INTEL CORP. will trade in the down channel until there is trend reversal.
INTEL CORP. TECHNICAL ANALYSIS: DAILY CHART
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INTEL CORP. TECHNICAL ANALYSIS: WEEKLY CHART
INTEL CORP technical analysis
In the weekly charts, INTEL CORP. is trading in a down channel. INTEL CORP. is currently trading below all SMA.
RSI is in selling zone which indicates bearishness. MACD is currently below zero which indicates bearishness.
Its immediate support is 41.99 & the resistance level is at 44.49.
INTEL CORP. will trade in the down channel until there is trend reversal.
INTEL CORP. TECHNICAL ANALYSIS: DAILY CHART
Click here for full report
Get more info visit - www.capitalstreetfx.com
May 13, 2022, 05:27:44 AM
TECHNICAL ANALYSIS REPORT, ECONOMIC NEWS & PRICE CHART – 13 MAY 2022
POWELL SAYS FED WILL FIX INFLATION
Asia Pacific stocks were up on Friday morning. The Shanghai Composite is up 0.91% at 3,082.79. Overall, the Singapore MSCI is up 2.17% at 289.05. Over in Hong Kong, the Hang Seng Index is up 2.78% at 19,765. In Japan, the Nikkei 225 is up 2.41% at 26,390.00, while the Topix index is up 1.75% at 1862.00. South Korea’s Kospi is up 2.12% at 2604.24. Australia S&P/ASX 200 up 1.93% at 7075.10.
TOP NEWS OF THE DAY:
Calling stable prices, the “bedrock” of the economy, Federal Reserve Chair Jerome Powell said on Thursday the U.S. central bank’s battle to control inflation would “include some pain” as the impact of higher interest rates is felt, but that the worse outcome would be for prices to continue speeding ahead.
After using aggressive monetary policy to support the economy through the COVID-19 pandemic, the Fed approved a quarter-percentage-point rate increase in March, but some analysts believe policymakers have fallen too far behind to curb price increases without the sort of sharp rate hikes that might cause a recession.
MARKET SUMMARY AS PER 12/05/2022:
European equities Thursday closing. The DAX futures contract in Germany traded down 0.64% at 13,739.64, CAC 40 futures up 0.77% at 6253.98 and the UK 100 futures contract in the U.K. up 0.81% at 7,291.69.
In the U.S. on Wall Street, the Dow Jones Industrial Average closed down 0.33% at 31730.31. The S&P 500 down 0.13% at 3930.09 and the Nasdaq 100 down 0.18% at 11945.50, NYSE closes up 0.19% at 14931.09.
TECHNICAL SUMMARY
GBPUSD
Technical Analysis of Financial Markets
Get More Info - www.capitalstreetfx.com
POWELL SAYS FED WILL FIX INFLATION
Asia Pacific stocks were up on Friday morning. The Shanghai Composite is up 0.91% at 3,082.79. Overall, the Singapore MSCI is up 2.17% at 289.05. Over in Hong Kong, the Hang Seng Index is up 2.78% at 19,765. In Japan, the Nikkei 225 is up 2.41% at 26,390.00, while the Topix index is up 1.75% at 1862.00. South Korea’s Kospi is up 2.12% at 2604.24. Australia S&P/ASX 200 up 1.93% at 7075.10.
TOP NEWS OF THE DAY:
Calling stable prices, the “bedrock” of the economy, Federal Reserve Chair Jerome Powell said on Thursday the U.S. central bank’s battle to control inflation would “include some pain” as the impact of higher interest rates is felt, but that the worse outcome would be for prices to continue speeding ahead.
After using aggressive monetary policy to support the economy through the COVID-19 pandemic, the Fed approved a quarter-percentage-point rate increase in March, but some analysts believe policymakers have fallen too far behind to curb price increases without the sort of sharp rate hikes that might cause a recession.
MARKET SUMMARY AS PER 12/05/2022:
European equities Thursday closing. The DAX futures contract in Germany traded down 0.64% at 13,739.64, CAC 40 futures up 0.77% at 6253.98 and the UK 100 futures contract in the U.K. up 0.81% at 7,291.69.
In the U.S. on Wall Street, the Dow Jones Industrial Average closed down 0.33% at 31730.31. The S&P 500 down 0.13% at 3930.09 and the Nasdaq 100 down 0.18% at 11945.50, NYSE closes up 0.19% at 14931.09.
TECHNICAL SUMMARY
GBPUSD
Technical Analysis of Financial Markets
Get More Info - www.capitalstreetfx.com
May 12, 2022, 03:55:26 AM
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May 11, 2022, 04:16:35 AM
US 30 YR. T-BOND PRICE TECHNICAL ANALYSIS, CHART AND LATEST NEWS
US 30 YR. T-BOND PRICE TECHNICAL ANALYSIS: WEEKLY CHART
US 30 YR. T-BOND Technical Analysis
In the weekly charts, US 30 YR. T-BOND was trading in a down channel. US 30 YR. T-BOND is currently trading below all SMA.
RSI is in over sold zone which indicates mild bullishness. MACD is currently below zero which indicates bearishness.
Its immediate support is 134.95 & the resistance level is at 140.57.
US 30 YR. T-BOND was trading in the down channel before there is breakout downside.
US 30 YR. T-BOND PRICE TECHNICAL ANALYSIS: DAILY CHART
CLICK HERE FOR TECHNICAL REPORT
US 30 YR. T-BOND PRICE TECHNICAL ANALYSIS: WEEKLY CHART
US 30 YR. T-BOND Technical Analysis
In the weekly charts, US 30 YR. T-BOND was trading in a down channel. US 30 YR. T-BOND is currently trading below all SMA.
RSI is in over sold zone which indicates mild bullishness. MACD is currently below zero which indicates bearishness.
Its immediate support is 134.95 & the resistance level is at 140.57.
US 30 YR. T-BOND was trading in the down channel before there is breakout downside.
US 30 YR. T-BOND PRICE TECHNICAL ANALYSIS: DAILY CHART
CLICK HERE FOR TECHNICAL REPORT
May 06, 2022, 04:40:06 AM
FOREX PAIR: NZDUSD PRICE CHART, ANALYSIS AND TRADING TIPS
NZDUSD TECHNICAL ANALYSIS: WEEKLY CHART
image-71.png
In the daily charts, NZDUSD is trading in a down channel. NZDUSD 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 0.6373 & the resistance level is at 0.6593.
NZDUSD will trade in the down channel until there is trend reversal.
NZDUSD TECHNICAL ANALYSIS: DAILY CHART
CLICK HERE FOR FULL REPORT
NZDUSD TECHNICAL ANALYSIS: WEEKLY CHART
image-71.png
In the daily charts, NZDUSD is trading in a down channel. NZDUSD 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 0.6373 & the resistance level is at 0.6593.
NZDUSD will trade in the down channel until there is trend reversal.
NZDUSD TECHNICAL ANALYSIS: DAILY CHART
CLICK HERE FOR FULL REPORT
May 05, 2022, 06:00:02 AM
TECHNICAL ANALYSIS REPORT, ECONOMIC NEWS & PRICE CHART – 05 MAY 2022
AFTER THE FED’S INTEREST RATE RISE, WALL STREET CLOSED WITH STRONG GAINS
Asia Pacific stocks were mostly up on Thursday morning. The Shanghai Composite is up 2.41% at 3,047.06. Overall, the Singapore MSCI is up 1.64% at 315.90. Over in Hong Kong, the Hang Seng Index is up 1.04% at 20,934. In Japan, the Nikkei 225 is up 0.26% at 26,880.00, while the Topix index is up 0.18% at 1899.50. South Korea’s Kospi is down 0.11% at 2677.57. Australia S&P/ASX 200 up 0.44% at 7336.80.
Top News of the Day:
U.S. stocks ended sharply higher on Wednesday after the Federal Reserve delivered a widely expected interest-rate hike, and the S&P 500 recorded its biggest one-day percentage gain in nearly two years.
Stocks initially see-sawed after the announcement, then the indexes strengthened. The S&P 500’s advance of almost 3% was the strongest since May 18, 2020.
Market Summary as per 04/05/2022:
European equities Wednesday closing. The DAX futures contract in Germany traded down 0.49% at 13,970.82, CAC 40 futures down 1.24% at 6395.68 and the UK 100 futures contract in the U.K. down 0.90% at 7,493.45.
In the U.S. on Wall Street, the Dow Jones Industrial Average closed up 2.81% at 34061.07. The S&P 500 up 2.99% at 4300.16 and the Nasdaq 100 up 3.41% at 13535.71, NYSE closes up 2.48% at 16119.60.
TECHNICAL SUMMARY
GBPUSD
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AFTER THE FED’S INTEREST RATE RISE, WALL STREET CLOSED WITH STRONG GAINS
Asia Pacific stocks were mostly up on Thursday morning. The Shanghai Composite is up 2.41% at 3,047.06. Overall, the Singapore MSCI is up 1.64% at 315.90. Over in Hong Kong, the Hang Seng Index is up 1.04% at 20,934. In Japan, the Nikkei 225 is up 0.26% at 26,880.00, while the Topix index is up 0.18% at 1899.50. South Korea’s Kospi is down 0.11% at 2677.57. Australia S&P/ASX 200 up 0.44% at 7336.80.
Top News of the Day:
U.S. stocks ended sharply higher on Wednesday after the Federal Reserve delivered a widely expected interest-rate hike, and the S&P 500 recorded its biggest one-day percentage gain in nearly two years.
Stocks initially see-sawed after the announcement, then the indexes strengthened. The S&P 500’s advance of almost 3% was the strongest since May 18, 2020.
Market Summary as per 04/05/2022:
European equities Wednesday closing. The DAX futures contract in Germany traded down 0.49% at 13,970.82, CAC 40 futures down 1.24% at 6395.68 and the UK 100 futures contract in the U.K. down 0.90% at 7,493.45.
In the U.S. on Wall Street, the Dow Jones Industrial Average closed up 2.81% at 34061.07. The S&P 500 up 2.99% at 4300.16 and the Nasdaq 100 up 3.41% at 13535.71, NYSE closes up 2.48% at 16119.60.
TECHNICAL SUMMARY
GBPUSD
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April 28, 2022, 04:28:24 AM
TECHNICAL ANALYSIS REPORT, ECONOMIC NEWS & PRICE CHART – 28 APRIL 2022
EURO DROPPED TO 2017 LEVEL
Asia Pacific stocks were mostly up on Thursday morning. The Shanghai Composite is up 0.25% at 2,965.63. Overall, the Singapore MSCI is up 0.06% at 307.90. Over in Hong Kong, the Hang Seng Index is up 0.13% at 19,957. In Japan, the Nikkei 225 is up 0.30% at 26,470.00, while the Topix index is up 0.67% at 1873.50. South Korea’s Kospi is up 0.31% at 2647.35. Australia S&P/ASX 200 up 1.02% at 7335.40.
TOP NEWS OF THE DAY:
Key U.S. equity indexes ended higher after choppy trade on Wednesday on a boost from strong earnings from Microsoft and Visa, as commodity stocks lifted European shares to their first gain in four sessions.
The euro dropped to its weakest since 2017 after Russia halted gas supplies to Bulgaria and Poland, and investors fretted more about the region’s economy.
MARKET SUMMARY AS PER 27/04/2022:
European equities Wednesday closing. The DAX futures contract in Germany traded up 0.27% at 13,793.94, CAC 40 futures up 0.48% at 6445.27 and the UK 100 futures contract in the U.K. up 0.53% at 7,425.62.
In the U.S. on Wall Street, the Dow Jones Industrial Average closed up 0.19% at 33301.94. The S&P 500 up 0.21% at 4183.97 and the Nasdaq 100 down 0.05% at 13003.36, NYSE closes up 0.30% at 15741.81.
TECHNICAL SUMMARY
GBPUSD TECHNICAL ANALYSIS
Technical Analysis
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EURO DROPPED TO 2017 LEVEL
Asia Pacific stocks were mostly up on Thursday morning. The Shanghai Composite is up 0.25% at 2,965.63. Overall, the Singapore MSCI is up 0.06% at 307.90. Over in Hong Kong, the Hang Seng Index is up 0.13% at 19,957. In Japan, the Nikkei 225 is up 0.30% at 26,470.00, while the Topix index is up 0.67% at 1873.50. South Korea’s Kospi is up 0.31% at 2647.35. Australia S&P/ASX 200 up 1.02% at 7335.40.
TOP NEWS OF THE DAY:
Key U.S. equity indexes ended higher after choppy trade on Wednesday on a boost from strong earnings from Microsoft and Visa, as commodity stocks lifted European shares to their first gain in four sessions.
The euro dropped to its weakest since 2017 after Russia halted gas supplies to Bulgaria and Poland, and investors fretted more about the region’s economy.
MARKET SUMMARY AS PER 27/04/2022:
European equities Wednesday closing. The DAX futures contract in Germany traded up 0.27% at 13,793.94, CAC 40 futures up 0.48% at 6445.27 and the UK 100 futures contract in the U.K. up 0.53% at 7,425.62.
In the U.S. on Wall Street, the Dow Jones Industrial Average closed up 0.19% at 33301.94. The S&P 500 up 0.21% at 4183.97 and the Nasdaq 100 down 0.05% at 13003.36, NYSE closes up 0.30% at 15741.81.
TECHNICAL SUMMARY
GBPUSD TECHNICAL ANALYSIS
Technical Analysis
CLICK HERE FOR FULL REPORT
April 27, 2022, 05:49:34 AM
FOREX PAIR: USDCAD PRICE CHART, ANALYSIS AND TRADING TIPS
USDCAD TECHNICAL ANALYSIS: WEEKLY CHART
USDCAD Price Chart
In the weekly charts, USDCAD is trading within an ascending triangle.
It is trading above all SMAs: MA (5), MA (20), and MA (50).
The immediate support is at 1.25246 and the resistance level is at 1.29462
USDCAD is trading within an ascending triangle until there is a breakout.
USDCAD TECHNICAL ANALYSIS: DAILY CHART
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USDCAD TECHNICAL ANALYSIS: WEEKLY CHART
USDCAD Price Chart
In the weekly charts, USDCAD is trading within an ascending triangle.
It is trading above all SMAs: MA (5), MA (20), and MA (50).
The immediate support is at 1.25246 and the resistance level is at 1.29462
USDCAD is trading within an ascending triangle until there is a breakout.
USDCAD TECHNICAL ANALYSIS: DAILY CHART
CLICK HERE FOR FULL REPORT
April 26, 2022, 06:36:55 AM
ETHEREUM (ETH) TECHNICAL ANALYSIS & HOW TO TRADE ETHEREUM
ETHEREUM TECHNICAL ANALYSIS: WEEKLY CHART
How to Trade Ethereum
In the weekly charts, ETHEREUM is trading in an upward channel.
It is trading below all SMAs: MA (5), MA (20), and MA (50).
The immediate support is at 2752 and the resistance level is at 3320.
ETHEREUM is trading in an upward channel until there is a trend reversal.
ETHEREUM TECHNICAL ANALYSIS: DAILY CHART
Click here for full report
ETHEREUM TECHNICAL ANALYSIS: WEEKLY CHART
How to Trade Ethereum
In the weekly charts, ETHEREUM is trading in an upward channel.
It is trading below all SMAs: MA (5), MA (20), and MA (50).
The immediate support is at 2752 and the resistance level is at 3320.
ETHEREUM is trading in an upward channel until there is a trend reversal.
ETHEREUM TECHNICAL ANALYSIS: DAILY CHART
Click here for full report
April 25, 2022, 04:17:39 AM
TECHNICAL ANALYSIS WITH CANDLESTICK CHARTS – 25 APRIL 2022
THE WEEK FULL OF RESULTS AHEAD
Asia Pacific stocks were down on Monday morning. The Shanghai Composite is down 4.32% at 2,953.51. Overall, the Singapore MSCI is down 1.21% at 310.50. Over in Hong Kong, the Hang Seng Index is down 3.41% at 19,903. In Japan, the Nikkei 225 is down 1.99% at 26,560.00, while the Topix index is down 1.47% at 1875.00. South Korea’s Kospi is down 1.76% at 2657.14. Australia S&P/ASX 200 down 1.57% at 7473.30.
TOP NEWS OF THE DAY:
Almost 180 companies listed in the S&P 500, worth approximately half of the benchmark index’s market value, are due to report results in the coming week, including the four largest U.S. companies by market capitalization: Apple (NASDAQ:AAPL), Microsoft (NASDAQ:MSFT), Amazon (NASDAQ:AMZN) and Google parent Alphabet (NASDAQ:GOOGL).
MARKET SUMMARY AS PER 22/04/2022:
European equities Friday closing. The DAX futures contract in Germany traded up 2.48% at 14,142.09, CAC 40 futures down 1.99% at 6581.43 and the UK 100 futures contract in the U.K. down 1.39% at 7,521.68.
In the U.S. on Wall Street, the Dow Jones Industrial Average closed down 2.82% at 33811.41. The S&P 500 down 2.77% at 4271.79 and the Nasdaq 100 down 2.65% at 13356.87, NYSE closes down 2.68% at 16056.88.
TECHNICAL SUMMARY
GBPUSD
Technical Analysis of Financial Markets
Click here for full report
THE WEEK FULL OF RESULTS AHEAD
Asia Pacific stocks were down on Monday morning. The Shanghai Composite is down 4.32% at 2,953.51. Overall, the Singapore MSCI is down 1.21% at 310.50. Over in Hong Kong, the Hang Seng Index is down 3.41% at 19,903. In Japan, the Nikkei 225 is down 1.99% at 26,560.00, while the Topix index is down 1.47% at 1875.00. South Korea’s Kospi is down 1.76% at 2657.14. Australia S&P/ASX 200 down 1.57% at 7473.30.
TOP NEWS OF THE DAY:
Almost 180 companies listed in the S&P 500, worth approximately half of the benchmark index’s market value, are due to report results in the coming week, including the four largest U.S. companies by market capitalization: Apple (NASDAQ:AAPL), Microsoft (NASDAQ:MSFT), Amazon (NASDAQ:AMZN) and Google parent Alphabet (NASDAQ:GOOGL).
MARKET SUMMARY AS PER 22/04/2022:
European equities Friday closing. The DAX futures contract in Germany traded up 2.48% at 14,142.09, CAC 40 futures down 1.99% at 6581.43 and the UK 100 futures contract in the U.K. down 1.39% at 7,521.68.
In the U.S. on Wall Street, the Dow Jones Industrial Average closed down 2.82% at 33811.41. The S&P 500 down 2.77% at 4271.79 and the Nasdaq 100 down 2.65% at 13356.87, NYSE closes down 2.68% at 16056.88.
TECHNICAL SUMMARY
GBPUSD
Technical Analysis of Financial Markets
Click here for full report
April 23, 2022, 02:56:34 AM
TECHNICAL ANALYSIS WITH CANDLESTICK CHARTS – 22 APRIL 2022
FED CHAIR POWELL – 50 BASIS POINT HIKE FOR MAY
Asia Pacific stocks were down on Friday morning. The Shanghai Composite is up 0.52% at 3,095.85. Overall, the Singapore MSCI is down 1.29% at 313.20. Over in Hong Kong, the Hang Seng Index is down 0.17% at 20,623. In Japan, the Nikkei 225 is down 1.56% at 27,090.00, while the Topix index is down 1.27% at 1903.00. South Korea’s Kospi is down 0.86% at 2704.71. Australia S&P/ASX 200 down 1.57% at 7473.30.
TOP NEWS OF THE DAY:
Federal Reserve Chairman Jerome Powell said Thursday that a 50 basis-point rate hike was on the table for the May meeting as the central bank aims to step up the pace of monetary policy tightening to curb elevated inflation.
The Fed chairman also backed the idea of the central bank hiking aggressively at the start of the tightening cycle, or front loading more than one 50 basis-point hike at future meetings.
MARKET SUMMARY AS PER 21/04/2022:
European equities Thursday closing. The DAX futures contract in Germany traded up 0.98% at 14,502.41, CAC 40 futures up 1.36% at 6715.11 and the UK 100 futures contract in the U.K. down 0.02% at 7,627.94.
In the U.S. on Wall Street, the Dow Jones Industrial Average closed down 1.05% at 34792.77. The S&P 500 down 1.48% at 4393.67 and the Nasdaq 100 down 1.99% at 13720.45, NYSE closes down 1.56% at 16499.33.
TECHNICAL SUMMARY
GBPUSD
Technical Analysis
Click here for full report
FED CHAIR POWELL – 50 BASIS POINT HIKE FOR MAY
Asia Pacific stocks were down on Friday morning. The Shanghai Composite is up 0.52% at 3,095.85. Overall, the Singapore MSCI is down 1.29% at 313.20. Over in Hong Kong, the Hang Seng Index is down 0.17% at 20,623. In Japan, the Nikkei 225 is down 1.56% at 27,090.00, while the Topix index is down 1.27% at 1903.00. South Korea’s Kospi is down 0.86% at 2704.71. Australia S&P/ASX 200 down 1.57% at 7473.30.
TOP NEWS OF THE DAY:
Federal Reserve Chairman Jerome Powell said Thursday that a 50 basis-point rate hike was on the table for the May meeting as the central bank aims to step up the pace of monetary policy tightening to curb elevated inflation.
The Fed chairman also backed the idea of the central bank hiking aggressively at the start of the tightening cycle, or front loading more than one 50 basis-point hike at future meetings.
MARKET SUMMARY AS PER 21/04/2022:
European equities Thursday closing. The DAX futures contract in Germany traded up 0.98% at 14,502.41, CAC 40 futures up 1.36% at 6715.11 and the UK 100 futures contract in the U.K. down 0.02% at 7,627.94.
In the U.S. on Wall Street, the Dow Jones Industrial Average closed down 1.05% at 34792.77. The S&P 500 down 1.48% at 4393.67 and the Nasdaq 100 down 1.99% at 13720.45, NYSE closes down 1.56% at 16499.33.
TECHNICAL SUMMARY
GBPUSD
Technical Analysis
Click here for full report
April 22, 2022, 04:51:28 AM
STOCK MARKET: FORD MOTOR CO. PRICE CHART, ANALYSIS, AND TRADING SIGNALS
FORD MOTOR CO. TECHNICAL ANALYSIS: WEEKLY CHART
image-302.png
In the weekly charts, FORD MOTOR CO. is trading in a down channel.
It is trading below 20 and 50 days SMA & above 100 days SMA.
The immediate support is 14.73 & the resistance level is at 17.01.
FORD MOTOR CO. is trading in the down channel until there is trend reversal.
FORD MOTOR CO. TECHNICAL ANALYSIS: DAILY CHART
CLICK HERE FOR FULL REPORT
FORD MOTOR CO. TECHNICAL ANALYSIS: WEEKLY CHART
image-302.png
In the weekly charts, FORD MOTOR CO. is trading in a down channel.
It is trading below 20 and 50 days SMA & above 100 days SMA.
The immediate support is 14.73 & the resistance level is at 17.01.
FORD MOTOR CO. is trading in the down channel until there is trend reversal.
FORD MOTOR CO. TECHNICAL ANALYSIS: DAILY CHART
CLICK HERE FOR FULL REPORT
April 21, 2022, 05:29:28 AM
TECHNICAL ANALYSIS WITH CANDLESTICK CHARTS – 21 APRIL 2022
FED CHAIR POWELL – TWO PUBLIC APPEARANCES
Asia Pacific stocks were mixed on Thursday morning. The Shanghai Composite is down 1.36% at 3,108.07. Overall, the Singapore MSCI is down 0.77% at 317.55. Over in Hong Kong, the Hang Seng Index is down 1.60% at 20,597. In Japan, the Nikkei 225 is up 1.36% at 27,550.00, while the Topix index is up 0.76% at 1928.50. South Korea’s Kospi is up 0.48% at 2731.83. Australia S&P/ASX 200 up 0.44% at 7602.60.
TOP NEWS OF THE DAY:
There will be two speaking appearances by Fed Chair Powell on Thursday. The first will be at 11:00 AM ET in opening remarks for the Volcker Alliance and Penn Institute for Urban Research, with the second at 1:00 PM ET at the IMF-World Bank meeting, where he will take part in a panel discussion with European Central Bank President Christine Lagarde and other policymakers.
MARKET SUMMARY AS PER 20/04/2022:
European equities Wednesday closing. The DAX futures contract in Germany traded up 1.47% at 14,362.03, CAC 40 futures up 1.38% at 6624.92 and the UK 100 futures contract in the U.K. up 0.37% at 7,629.23.
In the U.S. on Wall Street, the Dow Jones Industrial Average closed up 0.71% at 35160.80. The S&P 500 down 0.06% at 4459.46 and the Nasdaq 100 down 1.49% at 13998.53, NYSE closes up 0.61% at 16761.34.
TECHNICAL SUMMARY
GBPUSD
Technical Analysis
CLICK HERE FOR FULL TECHNICAL REPORT
FED CHAIR POWELL – TWO PUBLIC APPEARANCES
Asia Pacific stocks were mixed on Thursday morning. The Shanghai Composite is down 1.36% at 3,108.07. Overall, the Singapore MSCI is down 0.77% at 317.55. Over in Hong Kong, the Hang Seng Index is down 1.60% at 20,597. In Japan, the Nikkei 225 is up 1.36% at 27,550.00, while the Topix index is up 0.76% at 1928.50. South Korea’s Kospi is up 0.48% at 2731.83. Australia S&P/ASX 200 up 0.44% at 7602.60.
TOP NEWS OF THE DAY:
There will be two speaking appearances by Fed Chair Powell on Thursday. The first will be at 11:00 AM ET in opening remarks for the Volcker Alliance and Penn Institute for Urban Research, with the second at 1:00 PM ET at the IMF-World Bank meeting, where he will take part in a panel discussion with European Central Bank President Christine Lagarde and other policymakers.
MARKET SUMMARY AS PER 20/04/2022:
European equities Wednesday closing. The DAX futures contract in Germany traded up 1.47% at 14,362.03, CAC 40 futures up 1.38% at 6624.92 and the UK 100 futures contract in the U.K. up 0.37% at 7,629.23.
In the U.S. on Wall Street, the Dow Jones Industrial Average closed up 0.71% at 35160.80. The S&P 500 down 0.06% at 4459.46 and the Nasdaq 100 down 1.49% at 13998.53, NYSE closes up 0.61% at 16761.34.
TECHNICAL SUMMARY
GBPUSD
Technical Analysis
CLICK HERE FOR FULL TECHNICAL REPORT
April 20, 2022, 05:50:12 AM
AUDUSD FOREX REPORT: TRADE SUGGESTION, PRICE AND TECHNICAL CHART
AUDUSD TECHNICAL ANALYSIS: WEEKLY CHART
In the weekly charts, AUDUSD is trading in an upward channel.
It is trading below MA (5) but above MA (20) and MA (50).
The immediate support is at 0.73230 and the resistance level is at 0.75982.
AUDUSD is trading in an upward channel until there is a trend reversal.
AUDUSD TECHNICAL ANALYSIS: DAILY CHART
READ FULL REPORT CLICK HERE
AUDUSD TECHNICAL ANALYSIS: WEEKLY CHART
In the weekly charts, AUDUSD is trading in an upward channel.
It is trading below MA (5) but above MA (20) and MA (50).
The immediate support is at 0.73230 and the resistance level is at 0.75982.
AUDUSD is trading in an upward channel until there is a trend reversal.
AUDUSD TECHNICAL ANALYSIS: DAILY CHART
READ FULL REPORT CLICK HERE
April 12, 2022, 04:39:26 AM
NASDAQ 100 TECHNICAL ANALYSIS & TRADING TIPS
NASDAQ 100 TECHNICAL ANALYSIS: WEEKLY CHART
indices trade idea
In the weekly charts, NASDAQ 100 is trading above its downward channel.
It is trading below all SMAs: MA (5), MA (20), and MA (50).
The immediate support is 13730 and the resistance level is at 14860.
NASDAQ 100 is trading outside and above its previous downward channel.
NASDAQ 100 TECHNICAL ANALYSIS: DAILY CHART
Click here for full report
NASDAQ 100 TECHNICAL ANALYSIS: WEEKLY CHART
indices trade idea
In the weekly charts, NASDAQ 100 is trading above its downward channel.
It is trading below all SMAs: MA (5), MA (20), and MA (50).
The immediate support is 13730 and the resistance level is at 14860.
NASDAQ 100 is trading outside and above its previous downward channel.
NASDAQ 100 TECHNICAL ANALYSIS: DAILY CHART
Click here for full report
April 08, 2022, 06:03:19 AM
TECHNICAL ANALYSIS WITH CANDLESTICK CHARTS – 08 APRIL 2022
WHOLESALE INVENTORIES DATA: TO RIDE THE MARKET
Asia Pacific stocks were mostly down on Friday morning. The Shanghai Composite is down 0.02% at 3,236.19. Overall, the Singapore MSCI is down 1.07% at 326.80. Over in Hong Kong, the Hang Seng Index down 0.65% at 21,655.00. In Japan, the Nikkei 225 is up 0.11% at 26,930.00, while the Topix index is up 0.03% at 1891.50. South Korea’s Kospi up 0.13% to 2699.25. Australia S&P/ASX 200 up 0.44% at 7475.20.
Top News of the Day:
Wholesale Inventories Data: U.S. month-over-month wholesale inventories data will be released Friday at 10:00 AM ET. Analysts predict wholesale inventories, which gauge the change in the total value of goods held in inventory by wholesalers across the United States, will come in at 2.1%, above the previously reported 0.8%.
Market Summary as per 07/04/2022:
European equities Thursday closing. The DAX futures contract in Germany traded down 0.52% at 14,078.15, CAC 40 futures down 0.57% at 6461.69 and the UK 100 futures contract in the U.K. down 0.47% at 7,551.82.
In the U.S. on Wall Street, the Dow Jones Industrial Average closed up 0.25% at 34583.58. The S&P 500 up 0.42% at 4500.20 and the Nasdaq 100 up 0.23% at 14531.81, NYSE closes up 0.27% at 16631.44.
Top Market News Today:
In the Forex market, GBPUSD down 0.03% at 1.3069. The USDJPY up 0.08% at 123.993. The USDCHF up 0.18% at 0.9347. EURUSD down 0.14% at 1.0862, EUR/GBP down 0.06% at 0.8310. The USD/CNY down 0.03% at 6.3586 at the time of writing.
In the Commodity market U.S. Gold futures down 0.06% at $1,930.05. Elsewhere, Silver futures up 0.14% at $24.614 per ounce, Platinum flat at $963.00 per ounce, and Palladium up 1.36% at $2268.50.
Crude Oil down on Friday; Brent crude oil down 0.88% at $100.49 per barrel while U.S. West Texas Intermediate (CLc1) down 0.80% at $95.58.
In the Cryptocurrency Markets, Bitcoin at 43605.00 up 0.52%, Ethereum up 1.17% at 3267.94, Litecoin at 114.47 up 0.30%, at the time of writing.
TECHNICAL SUMMARY
GBPUSD
CLICK HERE FOR FULL REPORT
WHOLESALE INVENTORIES DATA: TO RIDE THE MARKET
Asia Pacific stocks were mostly down on Friday morning. The Shanghai Composite is down 0.02% at 3,236.19. Overall, the Singapore MSCI is down 1.07% at 326.80. Over in Hong Kong, the Hang Seng Index down 0.65% at 21,655.00. In Japan, the Nikkei 225 is up 0.11% at 26,930.00, while the Topix index is up 0.03% at 1891.50. South Korea’s Kospi up 0.13% to 2699.25. Australia S&P/ASX 200 up 0.44% at 7475.20.
Top News of the Day:
Wholesale Inventories Data: U.S. month-over-month wholesale inventories data will be released Friday at 10:00 AM ET. Analysts predict wholesale inventories, which gauge the change in the total value of goods held in inventory by wholesalers across the United States, will come in at 2.1%, above the previously reported 0.8%.
Market Summary as per 07/04/2022:
European equities Thursday closing. The DAX futures contract in Germany traded down 0.52% at 14,078.15, CAC 40 futures down 0.57% at 6461.69 and the UK 100 futures contract in the U.K. down 0.47% at 7,551.82.
In the U.S. on Wall Street, the Dow Jones Industrial Average closed up 0.25% at 34583.58. The S&P 500 up 0.42% at 4500.20 and the Nasdaq 100 up 0.23% at 14531.81, NYSE closes up 0.27% at 16631.44.
Top Market News Today:
In the Forex market, GBPUSD down 0.03% at 1.3069. The USDJPY up 0.08% at 123.993. The USDCHF up 0.18% at 0.9347. EURUSD down 0.14% at 1.0862, EUR/GBP down 0.06% at 0.8310. The USD/CNY down 0.03% at 6.3586 at the time of writing.
In the Commodity market U.S. Gold futures down 0.06% at $1,930.05. Elsewhere, Silver futures up 0.14% at $24.614 per ounce, Platinum flat at $963.00 per ounce, and Palladium up 1.36% at $2268.50.
Crude Oil down on Friday; Brent crude oil down 0.88% at $100.49 per barrel while U.S. West Texas Intermediate (CLc1) down 0.80% at $95.58.
In the Cryptocurrency Markets, Bitcoin at 43605.00 up 0.52%, Ethereum up 1.17% at 3267.94, Litecoin at 114.47 up 0.30%, at the time of writing.
TECHNICAL SUMMARY
GBPUSD
CLICK HERE FOR FULL REPORT
April 06, 2022, 04:39:23 AM
OIL PRICES GO FROM BOOM TO BUST – WHAT’S NEXT?
Prices of crude oil recently rallied to a high of 14 years. The Brent crude oil price attained a high of $127.98 a barrel on 08th March 2022, while the WTI crude oil peaked at $130.50 a barrel on 07th March 2022. Both the benchmark indices are nearing their all-time high, formed during the 2008 global financial crisis. Ever since the Russian invasion of Ukraine began, crude oil prices have been witnessing heavy fluctuations; it recently has crashed more than 20% after soaring to 14-years high.
CRUDE OIL PRICES
To understand and trade (or invest) on crude oil prices – its rise and fall. We need to understand the historical backdrop of the industry, price movement, and volatility. Furthermore, understanding the fundamental factors influencing the prices of crude oil will aid us in making informed decisions, including any volatile situations that we may face subsequently, like the one we face currently.
Historical Background of Crude Oil
Notable events that impacted crude oil prices (1970 – present):
Read Full Report - Click here
Prices of crude oil recently rallied to a high of 14 years. The Brent crude oil price attained a high of $127.98 a barrel on 08th March 2022, while the WTI crude oil peaked at $130.50 a barrel on 07th March 2022. Both the benchmark indices are nearing their all-time high, formed during the 2008 global financial crisis. Ever since the Russian invasion of Ukraine began, crude oil prices have been witnessing heavy fluctuations; it recently has crashed more than 20% after soaring to 14-years high.
CRUDE OIL PRICES
To understand and trade (or invest) on crude oil prices – its rise and fall. We need to understand the historical backdrop of the industry, price movement, and volatility. Furthermore, understanding the fundamental factors influencing the prices of crude oil will aid us in making informed decisions, including any volatile situations that we may face subsequently, like the one we face currently.
Historical Background of Crude Oil
Notable events that impacted crude oil prices (1970 – present):
Read Full Report - Click here
April 05, 2022, 06:06:57 AM
Commodity – Understanding Wheat Volatility & Food Security
On 08th March 2022, Chicago wheat futures soared to a record high of $13.634 a bushel, surpassing the high formed during the 2008 food crisis. The price of wheat had risen around 65% since the invasion of Ukraine by Russia on intensifying concern of supply disruptions. It has since then dropped about 24% as other circumstances arose.
Wheat Price Chart
This fluctuation in wheat prices gives tremendous opportunities to traders and investors. Before making the most of this opportunity, we must first understand the basic but essential fundamental factors that influence wheat prices, enabling us to make informed trading and investing decisions.
Brief Historical Background:
For generations, wheat has been one of the most critical food crops cultivated worldwide. There is evidence of wheat production beginning around 10,000 BCE and the Egyptians producing and baking bread over 5,000 years ago.
Wheat today is the second most-consumed grain globally, trailing behind rice. In the farming community, wheat is very favored for its ability to grow in many different climates. Additionally, the crop stays fresh for a long time and has high nutritional value. These facts ensure that wheat will remain an important food staple and a valuable commodity in the foreseeable future.
What are the Major Wheat Varieties?
Wheat has several varieties, with climate and soil conditions determining the types grown in specific locations. The wheat industry classifies the thousands of varieties available today into six main classes:
1. Hard Red Winter (HRW).
2. Hard Red Spring (HRS).
3. Soft Red Winter (SRS).
4. Durum.
5. Hard White.
6. Soft White.
Spring wheat classes (hard, soft, and durum) are planted in the spring in the spring and harvested in the summer. Winter wheat is sown in the autumn; it lies dormant throughout the winter and grows in the spring, cultivating in the summer months.
Typically, the hard wheat classes (spring and winter) have higher proteins needed to produce the various bread products. Soft wheat, however, contains lower quantities of protein than hard wheat, and it is conducive to producing tender products. The white wheat classes are very desired as they lack a particular red gene in the bran that imparts a darker color and a slightly bitter flavor to the whole grain.
Leading Wheat Producers:
CLICK HERE FOR FULL REPORT
On 08th March 2022, Chicago wheat futures soared to a record high of $13.634 a bushel, surpassing the high formed during the 2008 food crisis. The price of wheat had risen around 65% since the invasion of Ukraine by Russia on intensifying concern of supply disruptions. It has since then dropped about 24% as other circumstances arose.
Wheat Price Chart
This fluctuation in wheat prices gives tremendous opportunities to traders and investors. Before making the most of this opportunity, we must first understand the basic but essential fundamental factors that influence wheat prices, enabling us to make informed trading and investing decisions.
Brief Historical Background:
For generations, wheat has been one of the most critical food crops cultivated worldwide. There is evidence of wheat production beginning around 10,000 BCE and the Egyptians producing and baking bread over 5,000 years ago.
Wheat today is the second most-consumed grain globally, trailing behind rice. In the farming community, wheat is very favored for its ability to grow in many different climates. Additionally, the crop stays fresh for a long time and has high nutritional value. These facts ensure that wheat will remain an important food staple and a valuable commodity in the foreseeable future.
What are the Major Wheat Varieties?
Wheat has several varieties, with climate and soil conditions determining the types grown in specific locations. The wheat industry classifies the thousands of varieties available today into six main classes:
1. Hard Red Winter (HRW).
2. Hard Red Spring (HRS).
3. Soft Red Winter (SRS).
4. Durum.
5. Hard White.
6. Soft White.
Spring wheat classes (hard, soft, and durum) are planted in the spring in the spring and harvested in the summer. Winter wheat is sown in the autumn; it lies dormant throughout the winter and grows in the spring, cultivating in the summer months.
Typically, the hard wheat classes (spring and winter) have higher proteins needed to produce the various bread products. Soft wheat, however, contains lower quantities of protein than hard wheat, and it is conducive to producing tender products. The white wheat classes are very desired as they lack a particular red gene in the bran that imparts a darker color and a slightly bitter flavor to the whole grain.
Leading Wheat Producers:
CLICK HERE FOR FULL REPORT
April 04, 2022, 03:58:58 AM
WEEKLY TECHNICAL ANALYSIS WITH CANDLESTICK CHARTS – 03 APRIL 2022
WEEKLY SNAPSHOT
ADP NONFARM EMPLOYMENT CHANGE U.S.
WHEN:
30th March 2022
WHAT IT HAD INFLUENCED:
USD and its subsequent pairs.
WHAT HAPPENED: The ADP National Employment Report is a measure of the monthly change in non-farm, private employment, based on the payroll data of approximately 400,000 U.S. business clients.
USD/AUD is trading in a downward channel. Further downside movement can be seen in the coming weeks.
GDP (QOQ) (Q4), U.K. WHEN:
31st March 2022
WHAT IT HAD INFLUENCED:
USD and its subsequent pairs.
GOLD
TOP COMMODITIES IN THE COMING WEEK
Technical Analysis
CLICK HERE FOR FULL REPORT
WEEKLY SNAPSHOT
ADP NONFARM EMPLOYMENT CHANGE U.S.
WHEN:
30th March 2022
WHAT IT HAD INFLUENCED:
USD and its subsequent pairs.
WHAT HAPPENED: The ADP National Employment Report is a measure of the monthly change in non-farm, private employment, based on the payroll data of approximately 400,000 U.S. business clients.
USD/AUD is trading in a downward channel. Further downside movement can be seen in the coming weeks.
GDP (QOQ) (Q4), U.K. WHEN:
31st March 2022
WHAT IT HAD INFLUENCED:
USD and its subsequent pairs.
GOLD
TOP COMMODITIES IN THE COMING WEEK
Technical Analysis
CLICK HERE FOR FULL REPORT
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