Technical Analysis Research Report 7th-october-2020/

CSFX.Support

Established member
871 0
Asian stock markets edged higher on Wednesday, brushing off Wall Street’s weaker finish, which came after U.S. President Donald Trump abruptly broke off economic stimulus negotiations with lawmakers.

The Tokyo market’s index Nikkei 225 closed down by 0.18 % at 23,389.90 and the topix closed at0.31% higher to 1,643 .Hong Kong’s Hang Seng index was up by 0.21 % to 24,095.05. Mainland Chinese stocks also edged lower today, as the Shanghai composite climbed down by 0.20% to about 3,218.05. South Korea’s Kospi climbed up by 0.27% to 2,363.89.

Shares in Australia also saw gain,, with the S&P/ASX 200 inched up by1.13 % to 6,028.80, at the time of writing.

The pan-European Stoxx 50 climbed up by 0.41% to 3,233.19. In the cash markets, the DAX futures Germany was trading0.61% higher at 12,906.87, CAC 40 futures in France climbed up 0.48% to 4,895.5, while the FTSE 100 futures in the U.K. rose by 0.12 % to 5949,at the time of writing.
The American stock market closed on a negative note. The Nasdaq 100 was down by1.57% to 11,154.20 , the S&P 500 was down by1.40% to 3,360.80 and the Dow Jones was down by 1.68% at 27,757.90, at the time of writing.

On the economic front, German industrial production fell 0.2% in August, a much weaker result than the 1.5% gain expected. The Reserve Bank of Australia (RBA) leaving its rates unchanged at 0.25%. In the U.S., The Commerce Department said on Tuesday the trade deficit jumped 5.9% to $67.1 billion, the widest since August 2006. Imports in the United States increased by 3.2% to $239 billion. Goods imports rose $6.5 billion to $203 billion. Exports increased 2.2% to $171.9 billion. Goods exports rose $3.5 billion to $119.1 billion.

In the Corporate News today, Yahoo Japan Corp. (T:4689) added 3.91% or 28.0 points to end at 745.0 and Nippon Telegraph & Telephone Corp (T:9432) was up 3.31% or 73.5 points to 2295.5. Dialog Semiconductor (DE:DLGS) jumped 5.4% to the top of STOXX 600 after it forecast better-than-expected revenue in its third quarter. shares of Tesco TSCO, 2.80% rose over 2% after the U.K. grocer reported higher pretax profit for the first half of fiscal 2021 as revenue rose.

Shares of Rolls-Royce Holdings RR, 2.83% jumped 8%, and were poised for a third-straight session of gains. The engineering company’s shares jumped 12%, on Tuesday, a day after the company announced a £1 billion ($1.3 billion) convertible bond offering and winning a contract in India.

On the data front, Traders will look to minutes from the ECB and Fed’s most recent meeting and comments from several Fed speakers for further signs of how central bankers view the outlook. Investors now await data from the U.S. Energy Information Administration, due later in the day. USD FOMC statement is scheduled to release at 14:00 local time today. USD crude oil inventories will be released at 10:30 local time, previous figure was 0.294M and forecast is -1.980M.

In the currency market ,EUR/USD was down by 0.02% to 1.1732 . The AUD/USD was up by 0.17% to 0.7119 and the NZD/USD pair edged up by 0.08% to 0.6592.. The GBP/USD pair inched up by 0.06 % to 1.2885, at the time of writing.

In the Commodity Markets, Gold prices declined by1.12% to $1,887.50 ,on Wednesday . Spot gold (XAU/USD) was up by 0.32% at $1,822.09 per ounce. Elsewhere, silver futures fell1.53% to $23.430 per ounce and platinum climbed up1.23 % to $867.74, while palladium edged 0.18% lower to $2,376.60, at the time of writing. .

U.S. West Texas Intermediate crude futures climbed down by0.18 % to 39.85 per barrel. Brent crude futures also climbed down by 1.62%, to $41.96 a barrel.
In the Cryptocurrency Markets, BTC/USD inched down by 1.86% and was trading at 10,585. Ethereum was also down by 4.72% to $336.33. Litecoin too declined 2.11% to 45.595, and Dash inched down by 3.69 % to 65.59,at the time of writing.


EURUSD
EURUSD
EURUSD

TRADE SUGGESTION- BUY AT 1.17589 TAKE PROFIT AT 1.18365 AND STOP AT 1.16756
GBPUSD
GBPUSD
GBPUSD

TRADE SUGGESTION – BUY AT 1.29176, TAKE PROFIT AT 1.30281 AND STOP AT 1.27913
USDJPY
USDJPY
USDJPY

TRADE SUGGESTION- BUY AT 105.864, TAKE PROFIT AT 106.129 AND STOP AT 104.578
NZDUSD
NZDUSD
NZDUSD

TRADE SUGGESTION- SELL AT 0.65926, TAKE PROFIT AT 0.65752 AND STOP AT 0.66248
NASDAQ 100 INDEX
NASDAQ 100 INDEX
NASDAQ 100 INDEX

TRADE SUGGESTION- BUY AT 11341.91, TAKE PROFIT AT 11619.32 AND STOP AT 11015.87
BRENT CRUDE OIL FUTURES
BRENT CRUDE OIL FUTURES
BRENT CRUDE OIL FUTURES

TRADE SUGGESTION- BUY AT 42.12, TAKE PROFIT AT 43.83 AND STOP AT 40.27
GOLD
GOLD
GOLD

TRADE SUGGESTION- SELL AT 1895.90, TAKE PROFIT AT 1874.77 AND STOP AT 1912.81
BTCUSD
BTCUSD
BTCUSD

TRADE SUGGESTION- SELL AT 10600.03, TAKE PROFIT AT 10454.22 AND STOP AT 10785.70
 

CSFX.Support

Established member
871 0
Research Report 16th-october-2020


Asian stocks gave up early gains and fell on Friday, as a resurgence of coronavirus infections in Europe and the United States hurt risk appetite. The Shanghai composite is up 1.90% to 3,333. Overall, the Singapore MSCI went down 1.03% to 289.2.Over in Hong Kong, the Hang Seng Index up by 1.20% to 24,328. In Japan, the Nikkei 225 climbed down 0.85% to 23,417.9 ,while the Topix index was down 1.64% to 1617. South Korea’s Kospi down 2.38% to 2,334.95. Australia S&P/ASX 200 up 1.23% to 6176.8.

European markets finished sharply lower on Thursday with shares in Germany leading the region. The DAX futures contract in Germany traded 2.66% lower, CAC 40 futures in France dropped 2.21% to 4837.4 and the FTSE 100 futures contract in the U.K. rose 0.24% to 5871.5.

In U.S. on Wall Street, the Dow Jones Industrial Average fell 0.07% to 28494, the S&P 500 lost 0.15% to 3483.3 and the Nasdaq Composite up 0.6% to 128.41,NYSE closes at 13137.24 down 0.05%.

In the Forex market, GBPUSD down 0.06% to 1.28947. The USDJPY down 0.15% to 105.263 .The USDCHF up 0.10% at 0.9149.EURUSD down 0.01% at 1.17056, EUR/GBP up 0.13% at 0.90783. The USD/CNY down 0.10% at 6.7206, at the time of writing.

In the commodity market U.S. gold futures down 0.15% to $1,905.39. Elsewhere, Silver down 0.16% to $24.25 per ounce, platinum flat at $864.51 per ounce, and palladium down 0.06 % to $2,355.

Crude Oil Has Rough Ride on Thursday, Brent crude futures (LCOc1) down 0.37% to $43.16 a barrel while U.S. West Texas Intermediate (CLc1) futures were down 0.48%, to $40.06.

In the Cryptocurrency Markets, BTCUSD at 11353.9 down 1.38%, Ethereum at 370.54 down 1.96%, Litecoin down 4.66% at 47.24, at the time of writing.

Corporate news: North and South American markets finished lower on Thursday with shares in Brazil leading the region. The Bovespa is down 0.28% while Mexico’s IPC is off 0.19% and U.S.’s S&P 500 is lower by 0.15%. Nike up 1.05% at $129, Apple down 0.48% at $120.71, Coca-Cola down 0.26% at $49.99.

Economic news: In U.S, THE NUMBER OF PEOPLE filing for unemployment benefits increased last week to 898,000, a worrying sign that the job market’s recovery from the pandemic-induced recession is slowing.

Eurozone: Euro zone financial stability risks are on the rise due to a surge in debt levels but the bank sector has ample buffers to absorb losses while continuing to lend, European Central Bank President Christine Lagarde said on Thursday.

Important Data: Car Registration data published in U.S., there is 4.4% decline on yearly basis whereas 276% rise on monthly basis. In Germany car registration data, there is rise of 5.6% on monthly basis and 8.4% rise on yearly basis in comparison to previously -20%. French car registration data shows that there is 3% decline on yearly basis while 62.4% rise in monthly basis. Euro zone to release its CORE CPI at 5:00 today, earlier which was -0.3% and expectations are also same this time.

TECHNICAL SUMMARY

GBPUSD


Technical Analysis
Technical Analysis

TRADE SUGGESTION- SELL AT 1.2884, TAKE PROFIT AT 1.2868, AND STOP AT 1.2896

EURUSD


Technical Analysis
Technical Analysis

TRADE SUGGESTION- SELL AT 1.1696, TAKE PROFIT AT 1.16237, AND STOP LOSS AT 1.17250

NZDUSD


Technical Analysis
Technical Analysis

TRADE SUGGESTION- SELL AT 0.65866 , TAKE PROFIT AT 0.65576 AND STOP AT 0.66087

EURNOK


Technical Analysis
Technical Analysis

TRADE SUGGESTION- SELL AT 10.97395, TAKE PROFIT AT 11.02895 AND STOP AT 10.93661

STOXX 50


Technical Analysis
Technical Analysis

TRADE SUGGESTION- SELL AT 3231, TAKE PROFIT AT 3186, AND STOP AT 3250

GOLD


Technical Analysis
Technical Analysis

TRADE SUGGESTION- SELL AT 1897, TAKE PROFIT AT 1889 AND STOP AT 1911

CRUDE OIL


Technical Analysis
Technical Analysis

TRADE SUGGESTION- BUY AT 40.57, TAKE PROFIT AT 41.43AND STOP AT 40.19

RIPPLE MINI


Technical Analysis
Technical Analysis

TRADE SUGGESTION- SELL AT 0.2279 , TAKE PROFIT AT 0.223205AND STOP AT 0.231585
 

CSFX.Support

Established member
871 0
Research Report 19th-october-2020

Asian markets jump on vaccine, U.S. aid hopes; gains capped by China data. The Shanghai composite is down 0.74% to 3,312. Overall, the Singapore MSCI up 0.82% to 293.55.Over in Hong Kong, the Hang Seng Index up by 0.54% to 24,513. In Japan, the Nikkei 225 climbed up 1.16% to 23,681.75 ,while the Topix index was up 1.30% to 1637. South Korea’s Kospi up 0.36% to 2,349.18. Australia S&P/ASX 200 up 0.85% to 6229.4.

European markets finished sharply lower on Friday with shares in France leading the region. The DAX futures contract in Germany traded 1.62% higher, CAC 40 futures in France up 2.03% to 4835.9 and the FTSE 100 futures contract in the U.K. rose 0.37% to 5925.

In U.S. on Wall Street, the Dow Jones Industrial Average up 0.39 % to 28606, the S&P 500 up 0.01% to 3483.8 and the Nasdaq Composite up 0.36% to 128.87,NYSE closes at 13169.31 up 0.24%.

In the Forex market, GBPUSD up 0.15% to 1.29342. The USDJPY down 0.05% to 105.431 .The USDCHF up 0.11% at 0.91556.EURUSD down 0.01% at 1.17117, EUR/GBP down 0.12% at 0.90541. The USD/CNY up 0.03% at 6.6983, at the time of writing.

In the commodity market U.S. gold futures up 0.47% to $1,907.45. Elsewhere, Silver up 1.31% to $24.44 per ounce, platinum flat at $870.43 per ounce, and palladium up 0.84 % to $2,350.

Crude Oil up on Monday, Brent crude futures (LCOc1) up 0.14% to $42.86 a barrel while U.S. West Texas Intermediate (CLc1) futures is up 0.14%, to $40.80.

In the Cryptocurrency Markets, BTCUSD at 11438 down 0.70%, Ethereum at 374.18 down 1.20%, Litecoin down 1.24% at 47.025, at the time of writing.

Corporate news: General Electronic Co.(GE) up 6.114% at $7.29,Pfizer Inc. up 3.83% to $37.95,Zom video communication up 4.21% to $559,Netflix down 2.05% to 530.79,Tesla down 2.05% to $439.67.Boieng up 2.24% at $168.75.

Economic news: Dow Jones futures rose modestly vs. fair value Sunday night, along with S&P 500 futures and Nasdaq futures, as House Speaker Nancy Pelosi set a stimulus deal deadline.

Eurozone: Britain and the European Union will on Monday attempt to breathe life into post-Brexit trade talks that appeared all but dead last week, with each side telling the other it needed to fundamentally change course.

Australia: Australia central bank seen cutting rates, expanding bond buying in November.

Important Data: Japan exports stood at -4.9% earlier -14.8% while imports -17.2% earlier 20.08%.Japan Trade balance 675.0B previously which was 248.6B and expectation was 989.8B. At 8:00 today FED chair Powell speaks, at 8:45 ECB Lagarde speaks. Canada to release its wholesale sales data today at 8:30 earlier which was 4.3% and expected to be 0.2%.

TECHNICAL SUMMARY

GBPUSD



TRADE SUGGESTION- SELL AT 1.29349, TAKE PROFIT AT 1.2887, AND STOP AT 1.2961

EURUSD



TRADE SUGGESTION- SELL AT 1.17070, TAKE PROFIT AT 1.16840, AND STOP LOSS AT 1.17272

EURJPY



TRADE SUGGESTION- SELL AT 123.397, TAKE PROFIT AT 122.972, AND STOP AT 123.723

USDMXN



TRADE SUGGESTION- SELL AT 21.04, TAKE PROFIT AT 20.92 AND STOP AT 21.132

FTSE MIB 40



TRADE SUGGESTION- BUY AT 19386, TAKE PROFIT AT 19571 AND STOP AT 19284

GOLD



TRADE SUGGESTION- BUY AT 1908.86 TAKE PROFIT AT 1920.77 AND STOP AT 1888.82

CRUDE OIL



TRADE SUGGESTION- BUY AT 41.12, TAKE PROFIT AT 41.27 AND STOP AT 40.83

RIPPLE MINI



TRADE SUGGESTION- SELL AT 0.2268 , TAKE PROFIT AT 0.223205 AND STOP AT 0.228718
 

CSFX.Support

Established member
871 0
Research Report 20th-october-2020


Asian stocks dip as U.S. political concerns grow. The Shanghai composite is flat at 3,314. Overall, the Singapore MSCI down 0.72% to 290.7.Over in Hong Kong, the Hang Seng Index down by 0.23% to 24,482. In Japan, the Nikkei 225 down 0.48% to 23,554 ,while the Topix index was down 0.73% to 1624. South Korea’s Kospi up 0.02% to 2,346.33. Australia S&P/ASX 200 down 1.63% to 3426.9.

European stock markets are seen opening a little lower Tuesday, weighed by weakness on Wall Street. The DAX futures contract in Germany traded 0.42% lower, CAC 40 futures in France down 0.13% to 4929.3 and the UK 100 futures contract in the U.K. down 0.59% to 5884.7.

In U.S. on Wall Street, the Dow Jones Industrial Average down 1.44 % to 28195, the S&P 500 down 1.63% to 3426.9 and the Nasdaq Composite down 1.08% to 127.48,NYSE closes at 13018 down 1.15%.

In the Forex market, GBPUSD up 0.05% to 1.2947. The USDJPY down 0.09% to 105.502 .The USDCHF down 0.02% at 0.90974.EURUSD up 0.11% at 1.17780, EUR/GBP up 0.06% at 0.90962. The USD/CNY up 0.07% at 6.6853, at the time of writing.

In the commodity market U.S. gold futures down 0.09% to $1,901.95. Elsewhere, Silver up 0.48% to $24.48 per ounce, platinum down 0.26% at $858.53 per ounce, and palladium up 0.15 % to $2,348.

Crude Oil up on Tuesday, Brent crude futures (LCOc1) up 0.02% to $42.46 a barrel while U.S. West Texas Intermediate (CLc1) futures is up 0.57%, to $40.91.

In the Cryptocurrency Markets, BTCUSD at 11761 down 0.03%, Ethereum at 378.45 down 0.31%, Litecoin down 0.21% at 47.980, at the time of writing.

Corporate news: Western Digital (WDC) up 7.855% at $40.92, United Airlines Holdings (UAL) up 3.923% to $35.5, Apple down 2.554% to $115.98, JP Morgan Chase & Co. down 1.685% to $99.8,Procter & Gamble down 1.718% to $141.91, Ross Stores Inc down 4.373% at $90.96.

Economic news:

US: NAHB housing market index improve from 83 to 85.

Eurozone: Britain’s economic recovery faltering, Bank of England to step up spending.

Important Data: German PPI (MOM-SEPT) stood at 0.4% earlier which was 0% and estimated at -0.1%.US building permits to be announced today at 8:30 previously which was 1.476M and estimated around 1.52M.Russia monthly GDP data to be released today at 12:00 previously which was -4.3%. Russia unemployment data to be published today at 13:38 previously which was 6.4%.

TECHNICAL SUMMARY

GBPUSD


Technical Analysis
Technical Analysis

TRADE SUGGESTION- BUY AT 1.29521, TAKE PROFIT AT 1.29970 AND STOP AT 1.28879

EURUSD


Technical Analysis
Technical Analysis

TRADE SUGGESTION- BUY AT 1.17728, TAKE PROFIT AT 1.1822 AND STOP LOSS AT 1.17450

GBPJPY


Technical Analysis
Technical Analysis

TRADE SUGGESTION- BUY AT 136.560, TAKE PROFIT AT 137.254 AND STOP AT 136.209

EURGBP


Technical Analysis
Technical Analysis

TRADE SUGGESTION- BUY AT 0.90802 , TAKE PROFIT AT 0.91193 AND STOP AT 0.90595

DOWJONES


Technical Analysis
Technical Analysis

TRADE SUGGESTION- BUY AT 28186, TAKE PROFIT AT 28415 AND STOP AT 28010

GOLD


Technical Analysis
Technical Analysis

TRADE SUGGESTION- BUY AT 1902 TAKE PROFIT AT 1910.56 AND STOP AT 1895.22

CRUDE OIL


Technical Analysis
Technical Analysis

TRADE SUGGESTION- BUY AT 40.91, TAKE PROFIT AT 41.38 AND STOP AT 40.3

BTCUSD


Technical Analysis
Technical Analysis

TRADE SUGGESTION- BUY AT 11779, TAKE PROFIT AT 11872 AND STOP AT 11651
 

CSFX.Support

Established member
871 0
Research Report 21th-october-2020


Asian stocks gain, yuan soars as traders bet on U.S. stimulus, again. The Shanghai composite is down 0.53% at 3,310. Overall, the Singapore MSCIup 0.50% to 292.3.Over in Hong Kong, the Hang Seng Index up by 0.75% to 24,751. In Japan, the Nikkei 225 up0.32% to 23,639 ,while the Topix index was up0.86% to 1639. South Korea’s Kospi up 0.42% to 2,366.93. Australia S&P/ASX 200 up0.12% to 6191.8.

European equities looked set to follow. The DAX futures contract in Germany traded 0.92% lower at 12736, CAC 40 futures in France flat at 4929.3 and the UK 100 futures contract in the U.K. up 0.08% to 5889.2.

In U.S. on Wall Street, the Dow Jones Industrial Average closed down0.40 % to 28308, the S&P 500 up0.47% to 3443.1 and the Nasdaq Composite up1.18% to 128.99,NYSE closes at 13092down0.57%.

In the Forex market, GBPUSD up 0.25% to 1.29813. The USDJPY down 0.18% to 105.304 .The USDCHF down 0.11% at 0.90600.EURUSD up 0.21% at 1.18461, EUR/GBP down 0.03% at 0.91276. The USD/CNY down 0.37% at 6.6507, at the time of writing.

In the commodity market U.S. gold futures up 0.36%to $1,915.13. Elsewhere, Silver up 1.01% to $24.891 per ounce, platinum down 0.59% at $878.62 per ounce, and palladium down 0.33 % to $2,402.

Crude Oil down on Wednesday, Brent crude futures (LCOc1) down 0.09% to $42.74 a barrel while U.S. West Texas Intermediate (CLc1) futures is up 0.49%, to $41.33.

In the Cryptocurrency Markets, BTCUSD at 12264up2.91%, Ethereum at 380.77up 3.25%, Litecoin down 4.37% at 48.962, at the time of writing.

Corporate news: Western Digital (WDC) up 7.855% at $40.92, United Airlines Holdings(UAL) up 3.923% to $35.5, Appledown2.554% to $115.98, JP Morgan Chase & Co. down 1.685% to $99.8,Procter & Gamble down 1.718% to $141.91, Ross Stores Incdown4.373% at $90.96.

Economic news: US building permits (SEPT) rises from 1.476M to 1.553M

US:Building permits (SEPT) rises from 1.476M to 1.553M

Eurozone:The latest curbs in Ireland will see GDP fall by 3.5% this year, Finance Minister Paschal Donohoe said.

Important Data: UK CORE CPI (YOY-SEPT) stood at 0.5% earlier which was 0.2% and estimated at 0.5%.CANADA CORE CPI (MOM-SEPT) will be announced today at 8:30.UK public sector net borrowing increased from 29.38B to 35.37B estimated to be 32.4B.

TECHNICAL SUMMARY

GBPUSD


 Technical Analysis
 Technical Analysis

TRADE SUGGESTION- BUY AT 1.30, TAKE PROFIT AT 1.30557 AND STOP AT 1.29539

EURUSD


 Technical Analysis
 Technical Analysis

TRADE SUGGESTION- BUY AT 1.18809 , TAKE PROFIT AT 1.19139 AND STOP LOSS AT 1.18276

EURSEK


 Technical Analysis
 Technical Analysis

TRADE SUGGESTION- SELL AT 10.36678 , TAKE PROFIT AT 10.33471AND STOP AT 10.38081

USDZAR


 Technical Analysis
 Technical Analysis

TRADE SUGGESTION- SELL AT 16.47730 , TAKE PROFIT AT 16.29811 AND STOP AT 16.48726

FTSEMIB40


 Technical Analysis
 Technical Analysis

TRADE SUGGESTION- BUY AT 19572, TAKE PROFIT AT 19721 AND STOP AT 19403

GOLD


 Technical Analysis
 Technical Analysis

TRADE SUGGESTION- BUY AT 1924.96 TAKE PROFIT AT 1928.43 AND STOP AT 1912.18

CRUDE OIL


 Technical Analysis
 Technical Analysis

TRADE SUGGESTION- BUY AT 41.17, TAKE PROFIT AT 41.82 AND STOP AT 40.7

RIPPLE MINI


 Technical Analysis
 Technical Analysis

TRADE SUGGESTION- BUY AT 0.23360, TAKE PROFIT AT 0.239118 AND STOP AT 0.2296
 

CSFX.Support

Established member
871 0
Research Report 22th-october-2020


Asian shares drop as U.S. stimulus talks drag on. The Shanghai composite is down 0.45% at 3,066.17. Overall, the Singapore MSCIdown 0.19% to 294.6.Over in Hong Kong, the Hang Seng Index up by 0.05% to 25,098. In Japan, the Nikkei 225 down0.57% to 23505.39 ,while the Topix index was down1.10% to 1620. South Korea’s Kospidown 0.74% to 2,352. Australia S&P/ASX 200 down0.29% to 6173.8.
European equities Wednesday closing. The DAX futures contract in Germany traded 1.41% lower at 12557.64, CAC 40 futures in France down 1.53% at 4854.0 and the UK 100 futures contract in the U.K. up down 1.91% to 5776.5.
In U.S. on Wall Street, the Dow Jones Industrial Average closed down0.35 % to 28210, the S&P 500 down0.22% to 3126.5 and the Nasdaq Composite up2.62% to 132.37,NYSE closes at 13040down0.40%.
In the Forex market, GBPUSD flat at 1.31381. The USDJPY down 0.08% to 104.672 .The USDCHF up 0.10% at 0.90625.EURUSD down 0.07% at 1.18480, EUR/GBP down 0.01% at 0.90177. The USD/CNY up 0.19% at 6.6633, at the time of writing.
In the commodity market U.S. gold futures down 0.48%to $1,914.9. Elsewhere, Silver down0.62% to $24.887 per ounce, platinum up 0.51% at $889.21 per ounce, and palladium up 0.15 % to $2,413.
Crude Oil down on Thursday, Brent crude futures (LCOc1) down 0.34% to $41.56 a barrel while U.S. West Texas Intermediate (CLc1) futures is down 0.44%, to $39.83.
In the Cryptocurrency Markets, BTCUSD at 12780.82down0.17%, Ethereum at 395.44up 1.06%, Litecoin up3.81% at 55.27, at the time of writing.
Corporate news: Twitter Inc (TWTR) up 8.393% at $50.24,PayPal Holdings (PYPL) up 5.501% to $213.07, Netflix Inc (NFLX) down6.922% to $489.05, JP Morgan Chase & Co. down 0.996% to $99.37, American Express down 1.658% to $101.43, Boeing Codown2.021% at $163.86.
Economic news:
US: US CRUDE OIL inventory stood at -1.001M previously which was -3.818M and estimated to be -1.021M,this might affect crude oil prices in near term.
Eurozone:McKinsey survey finds that over half Europe’s small firms fear for survival.
Important Data: UK BANK OF ENGLAND GOVERNER speech today at 5:25,
US jobless claim data to be published today at 8:30 previously which was 898K this time estimated to around 860K, US to publish at 10:00 today the existing homes sales data previously which was 6M and estimated to be 6.3M this time.
TECHNICAL SUMMARY
GBPUSD


Technical Analysis

TRADE SUGGESTION- BUY AT 1.31462, TAKE PROFIT AT 1.31740AND STOP AT 1.31179
EURUSD

Technical Analysis

TRADE SUGGESTION- BUY AT 1.18525 , TAKE PROFIT AT 1.8632 AND STOP LOSS AT 1.18366
CHFJPY

Technical Analysis

TRADE SUGGESTION- SELL AT 115.449 , TAKE PROFIT AT 115.3438 AND STOP AT 115.5152
USDCAD


Technical Analysis

TRADE SUGGESTION- SELL AT 1.315 , TAKE PROFIT AT 1.30852 AND STOP AT 1.31753
DAX 30

Technical Analysis

TRADE SUGGESTION- SELL AT 12395.4, TAKE PROFIT AT 12317 AND STOP AT 12484
GOLD

Technical Analysis

TRADE SUGGESTION- BUY AT 1915.66 TAKE PROFIT AT 1919.76 AND STOP AT 1909.71
CRUDE OIL

Technical Analysis

TRADE SUGGESTION- SELL AT 40.02, TAKE PROFIT AT 39.3 AND STOP AT 40.28
ETHEREUM

Technical Analysis

TRADE SUGGESTION- BUY AT 391.96, TAKE PROFIT AT 399.62 AND STOP AT 384.38
 
 
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