TECHNICAL ANALYSIS WITH CANDLESTICK CHARTS – 03 JANUARY 2022 Asia Pacific stocks were mixed on Monday morning. The Shanghai composite is up 0.57% at 3,639.77. Overall, the Singapore MSCI down 0.51% at 338.40. Over in Hong Kong, the Hang Seng Index down 0.95% at 23,229.00. In Japan, the Nikkei 225 up 0.45% at 28,910.00, while the Topix index is up 0.30% at 1998.0. South Korea’s Kospi up 0.37% to 2988.77. Australia S&P/ASX 200 down 0.92% at 7444.6. European equities Friday closing. The DAX futures contract in Germany traded up 0.21% at 15884.86, CAC 40 futures down 0.28% at 7153.04 and the UK 100 futures contract in the U.K. up 0.05% at 7,406.90. In U.S. on Wall Street, the Dow Jones Industrial Average closed down 0.16% at 36338.31. The S&P 500 down 0.26% at 4766.19 and the Nasdaq 100 down 0.66% at 16320.08, NYSE closes flat at 17164.12. In the Forex market, GBPUSD down 0.20% at 1.3505. The USDJPY up 0.21% at 115.331. The USDCHF up 0.26% at 0.9140. EURUSD down 0.33% at 1.13461, EUR/GBP down 0.13% at 0.84003. The USD/CNY flat at 6.3521 at the time of writing. In the commodity market U.S. Gold futures down 0.22% at $1,825.34. Elsewhere, Silver futures down 0.58% at $23.152 per ounce, Platinum up 0.31% at $967.00 per ounce, and Palladium down 0.26% at $1896.50. Crude Oil mix on Monday; Brent crude oil up 0.65% at $78.40 per barrel while U.S. West Texas Intermediate (CLc1) is down 1.83% at $76.10. In the Cryptocurrency Markets, Bitcoin at 46925.60 down 0.79%, Ethereum down 0.67% at 3805.11, Litecoin at 150.03 down 0.74%, at the time of writing. TECHNICAL REPORT GBPUSD TRADE SUGGESTION- BUY AT 1.35020, TAKE PROFIT AT 1.35714 AND STOP LOSS AT 1.34929 EURUSD TRADE SUGGESTION- BUY AT 1.13393, TAKE PROFIT AT 1.13575 AND STOP LOSS AT 1.13207 EURGBP TRADE SUGGESTION- SELL AT 0.8394, TAKE PROFIT AT 0.8381 AND STOP LOSS AT 0.8413 EURJPY TRADE SUGGESTION- BUY AT 130.729, TAKE PROFIT AT 130.984 AND STOP LOSS AT 130.520. EURO STOXX 50 TRADE SUGGESTION- BUY AT 4284.00 TAKE PROFIT AT 4311.00 AND STOP LOSS AT 4261.00 WTI CRUDE OIL TRADE SUGGESTION- BUY AT 75.57 TAKE PROFIT AT 76.38 AND STOP LOSS AT 74.91 GOLD TRADE SUGGESTION- BUY AT 1823.19, TAKE PROFIT AT 1832.64 AND STOP AT 1813.42 ETHEREUM TRADE SUGGESTION- SELL AT 3797.49 TAKE PROFIT AT 3751.34 AND STOP AT 3888.18
TECHNICAL ANALYSIS WITH CANDLESTICK CHARTS – 06 JANUARY 2022 Asia Pacific stocks were down on Thursday morning. The Shanghai composite is down 0.17% at 3,589.05. Overall, the Singapore MSCI down 0.39% at 334.70. Over in Hong Kong, the Hang Seng Index down 0.29% at 22,834.00. In Japan, the Nikkei 225 down 2.70% at 28,480.00, while the Topix index is down 1.99% at 1997.0. South Korea’s Kospi down 1.25% to 2916.14. Australia S&P/ASX 200 down 2.74% at 7358.3. European equities Wednesday closing. The DAX futures contract in Germany traded up 0.74% at 16271.75, CAC 40 futures up 0.81% at 7376.38 and the UK 100 futures contract in the U.K. up 0.16% at 7,516.86. In U.S. on Wall Street, the Dow Jones Industrial Average closed down 1.07% at 36407.12. The S&P 500 down 1.94% at 4700.59 and the Nasdaq 100 down 3.12% at 15771.78, NYSE closes down 1.29% at 17112.60. In the Forex market, GBPUSD down 0.18% at 1.3527. The USDJPY down 0.18% at 115.869. The USDCHF up 0.22% at 0.91827. EURUSD down 0.08% at 1.1302, EUR/GBP up 0.17% at 0.8355. The USD/CNY up 0.16% at 6.3743 at the time of writing. In the commodity market U.S. Gold futures down 0.39% at $1,801.98. Elsewhere, Silver futures down 1.03% at $22.560 per ounce, Platinum down 1.53% at $968.50 per ounce, and Palladium down 0.59% at $1855.50. Crude Oil up on Thursday; Brent crude oil up 0.11% at $80.14 per barrel while U.S. West Texas Intermediate (CLc1) is up 0.84% at $78.36. In the Cryptocurrency Markets, Bitcoin at 43167.89 down 0.62%, Ethereum down 2.17% at 3461.78, Litecoin at 136.47 up 0.88%, at the time of writing. TECHNICAL REPORT GBPUSD TRADE SUGGESTION- BUY AT 1.35241, TAKE PROFIT AT 1.35710 AND STOP LOSS AT 1.34682 EURUSD TRADE SUGGESTION- SELL AT 1.13000, TAKE PROFIT AT 1.12868 AND STOP LOSS AT 1.13192 EURGBP TRADE SUGGESTION- SELL AT 0.83555, TAKE PROFIT AT 0.83338 AND STOP LOSS AT 0.83699 EURJPY TRADE SUGGESTION- BUY AT 130.932, TAKE PROFIT AT 131.141 AND STOP LOSS AT 130.526. DOW JONES TRADE SUGGESTION- BUY AT 36208.00 TAKE PROFIT AT 36363.00 AND STOP LOSS AT 35881.00 WTI CRUDE OIL TRADE SUGGESTION- BUY AT 76.89 TAKE PROFIT AT 78.30 AND STOP LOSS AT 76.30 GOLD TRADE SUGGESTION- SELL AT 1802.34, TAKE PROFIT AT 1797.66 AND STOP AT 1807.31 ETHEREUM TRADE SUGGESTION- SELL AT 3432.65 TAKE PROFIT AT 3407.37 AND STOP AT 3457.50 CLICK HERE FOR TECHNICAL REPORT
TECHNICAL ANALYSIS WITH CANDLESTICK CHARTS – 07 JANUARY 2022 Asia Pacific stocks were up on Friday morning. The Shanghai composite is down 0.09% at 3,582.01. Overall, the Singapore MSCI up 1.01% at 339.05. Over in Hong Kong, the Hang Seng Index up 2.10% at 23,475.00. In Japan, the Nikkei 225 down 0.18% at 28,450.00, while the Topix index is down 0.10% at 1991.5. South Korea’s Kospi up 1.18% to 2954.89. Australia S&P/ASX 200 down 0.10% at 4696.04. European equities Thursday closing. The DAX futures contract in Germany traded down 1.35% at 16052.03, CAC 40 futures down 1.72% at 7249.67 and the UK 100 futures contract in the U.K. down 0.88% at 7,450.36. In U.S. on Wall Street, the Dow Jones Industrial Average closed down 0.47% at 36236.48. The S&P 500 down 0.10% at 4696.04 and the Nasdaq 100 down 0.04% at 15765.36, NYSE closes up 0.26% at 17156.51. In the Forex market, GBPUSD up 0.09% at 1.35412. The USDJPY up 0.09% at 115.920. The USDCHF up 0.03% at 0.92130. EURUSD up 0.04% at 1.1299, EUR/GBP flat at 0.8344. The USD/CNY down 0.08% at 6.3774 at the time of writing. In the commodity market U.S. Gold futures down 0.02% at $1,790.20. Elsewhere, Silver futures down 0.52% at $22.078 per ounce, Platinum down 0.52% at $962.00 per ounce, and Palladium down 0.51% at $1865.00. Crude Oil up on Friday; Brent crude oil up 1.04% at $82.84 per barrel while U.S. West Texas Intermediate (CLc1) is up 1.38% at $79.44. In the Cryptocurrency Markets, Bitcoin at 41465.52 down 3.84%, Ethereum down 7.39% at 3157.00, Litecoin at 128.65 down 5.31%, at the time of writing. TECHNICAL REPORT GBPUSD TRADE SUGGESTION- BUY AT 1.35375, TAKE PROFIT AT 1.35653 AND STOP LOSS AT 1.35186 EURUSD TRADE SUGGESTION- SELL AT 1.13023, TAKE PROFIT AT 1.12758 AND STOP LOSS AT 1.13206 GBPJPY TRADE SUGGESTION- BUY AT 156.776, TAKE PROFIT AT 157.391 AND STOP LOSS AT 155.864 CHFJPY TRADE SUGGESTION- BUY AT 125.761, TAKE PROFIT AT 126.249 AND STOP LOSS AT 125.361. S&P 500 TRADE SUGGESTION- SELL AT 4691.67 TAKE PROFIT AT 4665.17 AND STOP LOSS AT 4707.56 WTI CRUDE OIL TRADE SUGGESTION- BUY AT 79.49 TAKE PROFIT AT 80.72 AND STOP LOSS AT 78.92 GOLD TRADE SUGGESTION- SELL AT 1789.26, TAKE PROFIT AT 1771.51 AND STOP AT 1798.07 BTC USD TRADE SUGGESTION- SELL AT 41466.95 TAKE PROFIT AT 40772.31 AND STOP AT 42557.58 CLICK HERE FOR TECHNICAL REPORT
TECHNICAL ANALYSIS WITH CANDLESTICK CHARTS – 10 JANUARY 2022 Asia Pacific stocks were down on Monday morning. The Shanghai composite is up 0.22% at 3,587.12. Overall, the Singapore MSCI up 0.60% at 341.15. Over in Hong Kong, the Hang Seng Index up 0.89% at 23,674.00. In Japan, the Nikkei 225 down 0.14% at 28,410.00, while the Topix index is up 0.05% at 1992.5. South Korea’s Kospi down 0.93% to 2927.36. Australia S&P/ASX 200 down 0.08% at 7447.10. European equities Friday closing. The DAX futures contract in Germany traded down 0.65% at 15947.74, CAC 40 futures down 0.42% at 7219.49 and the UK 100 futures contract in the U.K. up 0.04% at 7,503.70. In U.S. on Wall Street, the Dow Jones Industrial Average closed down 0.01% at 36231.67. The S&P 500 down 0.40% at 4677.04 and the Nasdaq 100 down 1.10% at 15592.19, NYSE closes up 0.06% at 17166.27. In the Forex market, GBPUSD down 0.04% at 1.35795. The USDJPY up 0.30% at 115.822. The USDCHF up 0.28% at 0.92089. EURUSD down 0.29% at 1.1328, EUR/GBP down 0.15% at 0.8341. The USD/CNY down 0.06% at 6.3731 at the time of writing. In the commodity market U.S. Gold futures down 0.20% at $1,792.30. Elsewhere, Silver futures down 0.51% at $22.228 per ounce, Platinum down 0.31% at $953.50 per ounce, and Palladium down 0.28% at $1928.50. Crude Oil mix on Monday; Brent crude oil down 0.07% at $81.75 per barrel while U.S. West Texas Intermediate (CLc1) is up 0.03% at $78.87. In the Cryptocurrency Markets, Bitcoin at 41933.46 up 0.14%, Ethereum up 0.42% at 3164.69, Litecoin at 130.41 down 0.41%, at the time of writing. TECHNICAL SUMMARY GBPUSD TRADE SUGGESTION- BUY AT 1.35774, TAKE PROFIT AT 1.36043 AND STOP LOSS AT 1.35489 EURUSD TRADE SUGGESTION- BUY AT 1.13271, TAKE PROFIT AT 1.13576 AND STOP LOSS AT 1.13062 USDJPY TRADE SUGGESTION- BUY AT 115.762, TAKE PROFIT AT 115.924 AND STOP LOSS AT 115.491 USDCHF TRADE SUGGESTION- BUY AT 0.92055, TAKE PROFIT AT 0.92287 AND STOP LOSS AT 0.91845. NIKKEI 225 TRADE SUGGESTION- SELL AT 28478.00 TAKE PROFIT AT 28272.00 AND STOP LOSS AT 28599.00 WTI CRUDE OIL TRADE SUGGESTION- BUY AT 78.71 TAKE PROFIT AT 79.45 AND STOP LOSS AT 78.19 GOLD TRADE SUGGESTION- SELL AT 1792.15, TAKE PROFIT AT 1786.16 AND STOP AT 1798.51 LITECOIN USD TRADE SUGGESTION- SELL AT 128.339 TAKE PROFIT AT 124.360 AND STOP AT 141.636 CLICK HERE FOR MORE TECHNICAL REPORT
TECHNICAL ANALYSIS WITH CANDLESTICK CHARTS – 11 JANUARY 2022 Asia Pacific stocks were down on Tuesday morning. The Shanghai composite is down 0.51% at 3,575.04. Overall, the Singapore MSCI up 0.07% at 342.10. Over in Hong Kong, the Hang Seng Index up 0.35% at 23,755.00. In Japan, the Nikkei 225 down 0.98% at 28,170.00, while the Topix index is down 0.35% at 1984.5. South Korea’s Kospi up 0.02% to 2927.44. Australia S&P/ASX 200 down 0.77% at 7390.10. European equities Monday closing. The DAX futures contract in Germany traded down 1.13% at 15768.27, CAC 40 futures down 1.44% at 7115.78 and the UK 100 futures contract in the U.K. up 0.07% at 7,485.50. In U.S. on Wall Street, the Dow Jones Industrial Average closed down 0.45% at 36068.88. The S&P 500 down 0.14% at 4670.28 and the Nasdaq 100 up 0.14% at 15614.43, NYSE closes down 0.27% at 17119.55. In the Forex market, GBPUSD up 0.14% at 1.35945. The USDJPY up 0.03% at 115.213. The USDCHF down 0.13% at 0.92592. EURUSD up 0.14% at 1.13414, EUR/GBP up 0.04% at 0.8343. The USD/CNY down 0.06% at 6.3715 at the time of writing. In the commodity market U.S. Gold futures up 0.48% at $1,809.26. Elsewhere, Silver futures up 0.82% at $22.637 per ounce, Platinum up 1.17% at $952.50 per ounce, and Palladium up 1.57% at $1938.00. Crude Oil up on Tuesday; Brent crude oil up 0.32% at $81.26 per barrel while U.S. West Texas Intermediate (CLc1) is up 0.40% at $78.25. In the Cryptocurrency Markets, Bitcoin at 42109.89 up 0.63%, Ethereum up 0.95% at 3112.63, Litecoin at 128.79 up 1.87%, at the time of writing. TECHNICAL SUMMARY GBPUSD TRADE SUGGESTION- BUY AT 1.35827, TAKE PROFIT AT 1.36046 AND STOP LOSS AT 1.35552 EURUSD TRADE SUGGESTION- BUY AT 1.13311, TAKE PROFIT AT 1.13578 AND STOP LOSS AT 1.13097 EURGBP TRADE SUGGESTION- SELL AT 0.83428, TAKE PROFIT AT 0.83341 AND STOP LOSS AT 0.83533 EURJPY TRADE SUGGESTION- BUY AT 130.569, TAKE PROFIT AT 130.805 AND STOP LOSS AT 130.305. EURO STOXX 50 TRADE SUGGESTION- BUY AT 4257.00 TAKE PROFIT AT 4281.00 AND STOP LOSS AT 4238.00 WTI CRUDE OIL TRADE SUGGESTION- BUY AT 78.20 TAKE PROFIT AT 79.12 AND STOP LOSS AT 77.48 GOLD TRADE SUGGESTION- BUY AT 1810.12, TAKE PROFIT AT 1814.04 AND STOP AT 1804.44 ETHEREUM TRADE SUGGESTION- SELL AT 3105.96 TAKE PROFIT AT 3046.96 AND STOP AT 3188.32 CLICK HERE FOR TECHNICAL REPORT
TECHNICAL ANALYSIS WITH CANDLESTICK CHARTS – 14 JANUARY 2022 Asia Pacific stocks were mostly down on Friday morning. The Shanghai composite is down 0.74% at 3,528.82. Overall, the Singapore MSCI down 0.29% at 345.60. Over in Hong Kong, the Hang Seng Index down 0.76% at 24,277.00. In Japan, the Nikkei 225 down 1.58% at 28,100.00, while the Topix index is down 1.37% at 1978.00. South Korea’s Kospi down 1.36% to 2921.92. Australia S&P/ASX 200 down 1.08% at 7393.90. European equities Thursday closing. The DAX futures contract in Germany traded up 0.13% at 16031.59, CAC 40 futures down 0.50% at 7201.15 and the UK 100 futures contract in the U.K. up 0.16% at 7,563.86. In U.S. on Wall Street, the Dow Jones Industrial Average closed down 0.49% at 36113.63. The S&P 500 down 1.42% at 4659.02 and the Nasdaq 100 down 2.57% at 15495.62, NYSE closes down 0.55% at 17259.01. In the Forex market, GBPUSD up 0.23% at 1.37336. The USDJPY down 0.41% at 113.708. The USDCHF down 0.16% at 0.9096. EURUSD up 0.21% at 1.14781, EUR/GBP up 0.03% at 0.8357. The USD/CNY down 0.12% at 6.3518 at the time of writing. In the commodity market U.S. Gold futures up 0.27% at $1,826.89. Elsewhere, Silver futures up 0.40% at $23.161 per ounce, Platinum up 0.98% at $981.00 per ounce, and Palladium down 0.58% at $1879.00. Crude Oil up on Friday; Brent crude oil up 0.62% at $84.59 per barrel while U.S. West Texas Intermediate (CLc1) is up 0.47% at $81.55. In the Cryptocurrency Markets, Bitcoin at 42866.09 up 0.69%, Ethereum up 1.99% at 3306.43, Litecoin at 139.14 up 2.02%, at the time of writing. TECHNICAL REPORT GBPUSD TRADE SUGGESTION- BUY AT 1.37283, TAKE PROFIT AT 1.37608 AND STOP LOSS AT 1.36950 EURUSD TRADE SUGGESTION- BUY AT 1.14680, TAKE PROFIT AT 1.14755 AND STOP LOSS AT 1.14632 EURGBP TRADE SUGGESTION- SELL AT 0.83531, TAKE PROFIT AT 0.83346 AND STOP LOSS AT 0.83697 EURJPY TRADE SUGGESTION- SELL AT 130.483, TAKE PROFIT AT 130.140 AND STOP LOSS AT 130.867 DAX 40 TRADE SUGGESTION- BUY AT 15927.60 TAKE PROFIT AT 16060.50 AND STOP LOSS AT 15825.50. WTI CRUDE OIL TRADE SUGGESTION- BUY AT 81.60 TAKE PROFIT AT 82.63 AND STOP LOSS AT 80.78 GOLD TRADE SUGGESTION- BUY AT 1827.40, TAKE PROFIT AT 1832.36 AND STOP AT 1822.93 ETHEREUM TRADE SUGGESTION- SELL AT 3258.59 TAKE PROFIT AT 3164.26 AND STOP AT 3341.09
WEEKLY TECHNICAL ANALYSIS WITH CANDLESTICK CHARTS – 16 JANUARY 2022 WEEKLY SNAPSHOT MANUFACTURING PRODUCTION (MOM) (NOV), U.K. WHEN: WHAT IT HAD INFLUENCED: 11th JANUARY 2022 GBP and its subsequent pairs WHAT HAPPENED: Manufacturing Production measures the change in the total inflation-adjusted value of output produced by manufacturers. Manufacturing accounts for approximately 80% of overall Industrial Production. GBPNZD is trading in the up channel. Further upside can be seen in the coming week. Core CPI (MoM) (Dec), U.S. WHEN: WHAT IT HAD INFLUENCED: 12th JANUARY 2022 USD and its subsequent pairs WHAT HAPPENED: The Core Consumer Price Index (CPI) measures the changes in the price of goods and services, excluding food and energy. The CPI measures price change from the perspective of the consumer. It is a key way to measure changes in purchasing trends and inflation. USDNOK is currently in the downward channel. Further downside can be seen in the coming week. RETAIL SALES (MOM) (NOV), AUSTRALIA WHEN: WHAT IT HAD INFLUENCED: 10th JANUARY 2022 AUD and its subsequent pairs WHAT HAPPENED: Retail Sales measure the change in the total value of inflation-adjusted sales at the retail level. It is the foremost indicator of consumer spending, which accounts for the majority of overall economic activity. AUDJPY is currently in the downward channel. Further downside can be seen in the coming week. GOLD FUTURES FALL FOR THE SESSION, GAIN FOR THE WEEK WHAT IT HAD INFLUENCED: GOLD WHAT HAPPENED: Gold futures declined on Friday, giving up earlier gains, but holding onto a climb for the week. Colin Cieszynski, chief market strategist at SIA Wealth Management, attributed the day’s pullback in prices partly to profit-taking ahead of the long weekend, with regular trading closed Monday for the Martin Luther King Jr. holiday. However, a decline in the U.S. dollar for the week and gold’s long-term role as an inflation hedge are among the reasons behind the precious metal’s rise this week, he said. February gold fell $4.90, or 0.3%, to settle at $1,816.50 an ounce. Prices based on the most-active contract rose 1.1% from last Friday’s settlement to mark their fifth weekly rise in six weeks GOLD is trading in the upward channel. Further upside can be seen in the coming week. OIL PRICES IN 4TH WEEKLY GAIN ON SIGNS OF TIGHTER SUPPLIES, FIRMER DEMAND WHAT IT HAD INFLUENCED: CRUDE OIL WHAT HAPPENED: Crude settled higher on Friday, notching a fourth positive week, supported by bets the Omicron-fueled drag on demand will be short-lived at a time when global supplies are expected to tighten. On the New York Mercantile Exchange crude futures gained 2.1% to settle at $84.82 a barrel, while on London’s Intercontinental Exchange (NYSE:ICE), Brent added 2.0% to trade at $86.14 a barrel. The fourth week of gains in oil prices has been supported by easing fears about the Omicron variant’s impact on demand. The International Energy Agency said earlier this week that demand was proving stronger “than many of the market observers had thought, mainly due to the milder Omicron expectations.” As well as positive demand, supply disruptions from key producers including Nigeria and Libya have propped up bets of tightening global supplies and underpinned a climb in oil prices. Oil prices were also underpinned by a weaker dollar, which despite a gain on Friday, is on course for a weekly slump. WTI CRUDE OIL is trading in the up channel. Further upside can be seen in the coming week. JPMORGAN CLIENT SURVEY: MAJORITY EXPECT BITCOIN PRICE TO REACH $60K OR MORE THIS YEAR WHAT IT HAD INFLUENCED: BITCOIN WHAT HAPPENED: JPMorgan has conducted a survey of its clients about what they expect the price of bitcoin to be by year-end. The global investment bank released the results earlier this week. The survey was conducted between Dec. 13 and Jan. 7 as part of a broader macroeconomic outlook for 2022. Forty-seven of JPMorgan’s clients participated in the survey. About 41% of the bank’s clients who responded expect bitcoin to end the year at around $60,000. 23% expect the price to be $20,000 while 20% expect it to be $40,000. In addition, 9% believe that the price of BTC will reach $80,000, 5% think that it could be $100,000 or more, while 2% expect it to fall to $10,000 or lower. BTCUSD is trading in the down channel; downside will be seen in the coming days. 5 KEY EVENTS TO WATCH OUT CLAIMANT COUNT CHANGE (DEC), U.K. WHEN: WHAT IT INFLUENCES: 18th JANUARY 2022 GBP and its subsequent Pairs WHAT’S HAPPENING: Claimant Count Change measures the change in the number of unemployed people in the U.K. during the reported month. A rising trend indicates weakness in the labor market, which has a trickle-down effect on consumer spending and economic growth. A higher-than-expected reading ought to be taken as negative/bearish for the GBP, whereas a lower-than-expected reading should be taken as positive/bullish for the GBP. BUILDING PERMITS (DEC), U.S. WHEN: WHAT IT INFLUENCES: 19thJANUARY 2022 USD and its subsequent Pairs WHAT’S HAPPENING: Building Permits measures the change in the number of new building permits issued by the government. Building permits are a key indicator of demand in the housing market. A higher-than-expected reading ought to be taken as positive/bullish for the USD, whereas a lower-than-expected reading should be taken as negative/bearish for the USD. EMPLOYMENT CHANGE (DEC), AUSTRALIA WHEN: WHAT IT INFLUENCES: 19th JANUARY 2022 AUD and its subsequent Pairs WHAT’S HAPPENING: Employment Change measures the change in the number of people employed. Job creation is an important indicator of consumer spending. A higher-than-expected reading ought to be taken as positive/bullish for the AUD, whereas a lower-than-expected reading should be taken as negative/bearish for the AUD. NATIONAL CORE CPI (YOY) (DEC), JAPAN WHEN: WHAT IT INFLUENCES: 20th JANUARY 2022 JPY and its subsequent Pairs WHAT’S HAPPENING: The National Core Consumer Price Index (CPI) measures the change in the price of goods and services purchased by consumers, excluding fresh food. A higher-than-expected reading ought to be taken as positive/bullish for the JPY, whereas a lower-than-expected reading should be taken as negative/bearish for the JPY. CORE RETAIL SALES (MOM) (NOV), CANADA WHEN: WHAT IT INFLUENCES: 21st JANUARY 2022 CAD and it’s subsequent pairs WHAT’S HAPPENING: Core Retail Sales measures the change in the total value of sales at the retail level in Canada, excluding automobiles. It is an important indicator of consumer spending and is also considered a pace indicator for the Canadian economy. A higher-than-expected reading ought to be taken as positive/bullish for the CAD, whereas a lower-than-expected reading should be taken as negative/bearish for the CAD. EQUITIES IN THE COMING WEEK 1. Bank of America (BAC) to announce its Quarterly Results on 18th JANUARY 2022, EPS estimated to 0.7709 per share while revenue estimated 22.17B. 2. Goldman Sachs (GS) to announce its Quarterly Results on 18thJANUARY 2022, EPS estimated to 11.75 per share while revenue estimated 12.00B. 3. Morgan Stanley (MS) to announce its Quarterly Results on 19th JANUARY 2022, EPS estimated to 1.94 per share while revenue estimated 14.57B. 4. Netflix (NFLX) to announce its Quarterly Results on 20th JANUARY 2022, EPS estimated to 0.8454 per share while revenue estimated 7.72B. 5. IHS Markit Ltd (INFO) to announce its Quarterly Results on 21st JANUARY 2022, EPS estimated to 0.8317 per share while revenue estimated 1.15B. TOP COMMODITIES IN THE COMING WEEK GOLD GOLD is currently in the upward channel. Further upside can be seen in the coming week. SILVER SILVER is trading in the upward channel. Further upside can be seen in the coming week. WTI CRUDE OIL WTI CRUDE OIL is trading in the up channel. Further upside can be seen in the coming week. TOP CRYPTO IN THE COMING WEEK BTCUSD BTCUSD is trading in the down channel; downside will be seen in the coming days. ETHEREUM ETHEREUM is currently in the downward channel. Further downside can be seen in the coming week. TOP CURRENCY IN THE COMING WEEK EURUSD EURUSD is trading in the up channel; further upside can be seen in the coming days. GBPUSD GBPUSD is trading in the up channel; further upside can be seen in the coming days. EURGBP EURGBP is currently in the downward channel. The further downside can be seen in the coming week. TOP INDEX IN THE COMING WEEK S&P 500 S&P 500 is trading in the up channel; further upside will be seen in the coming days. FTSE 100 FTSE 100 is trading in the up channel; further upside will be seen in the coming days. DATAWATCH CLICK HERE FOR DAILY TECHNICAL REPORT
TECHNICAL ANALYSIS WITH CANDLESTICK CHARTS – 17 JANUARY 2022 Asia Pacific stocks were mostly up on Monday morning. The Shanghai Composite is up 0.34% at 3,149.81. Overall, the Singapore MSCI was down 0.36% at 344.65. Over in Hong Kong, the Hang Seng Index down 0.69% at 24,217.00. In Japan, the Nikkei 225 is up 0.53% at 28,340.00, while the Topix index is up 0.30% at 1988.00. South Korea’s Kospi down 1.09% to 2890.10. Australia S&P/ASX 200 up 0.32% at 7417.30. European equities Friday closing. The DAX futures contract in Germany traded down 0.93% at 15883.24, CAC 40 futures down 0.81% at 7143.01 and the UK 100 futures contract in the U.K. up 0.03% at 7,577.10. In the U.S. on Wall Street, the Dow Jones Industrial Average closed down 0.56% at 35911.82. The S&P 500 up 0.08% at 4662.84 and the Nasdaq 100 up 0.75% at 15611.59, NYSE closes down 0.23% at 17219.06. In the Forex market, GBPUSD is flat at 1.36705. The USDJPY is up 0.33% at 114.525. The USDCHF is up 0.11% at 0.9149. EURUSD down 0.02% at 1.14125, EUR/GBP up 0.13% at 0.8347. The USD/CNY was down 0.08% at 6.3471 at the time of writing. In the commodity market U.S. Gold futures are up 0.09% at $1,819.00. Elsewhere, Silver futures up 0.08% at $22.960 per ounce, Platinum flat at $971.50 per ounce, and Palladium down 0.13% at $1878.00. Crude Oil mix on Monday; Brent crude oil flat at $86.32 per barrel while U.S. West Texas Intermediate (CLc1) is up 0.04% at $83.65. In the Cryptocurrency Markets, Bitcoin at 42759.36 down 0.81%, Ethereum down 2.29% at 3273.35, Litecoin at 148.04 up 1.13%, at the time of writing. TECHNICAL REPORT GBPUSD TECHNICAL ANALYSIS TRADE SUGGESTION- BUY AT 1.36713, TAKE PROFIT AT 1.36965 AND STOP LOSS AT 1.36434 EURUSD TECHNICAL ANALYSIS TRADE SUGGESTION- BUY AT 1.14190, TAKE PROFIT AT 1.14601 AND STOP LOSS AT 1.13966 GBPJPY TECHNICAL ANALYSIS TRADE SUGGESTION- BUY AT 156.538, TAKE PROFIT AT 157.049 AND STOP LOSS AT 156.000 CHFJPY TECHNICAL ANALYSIS TRADE SUGGESTION- SELL AT 125.152, TAKE PROFIT AT 124.741 AND STOP LOSS AT 125.393 EURO STOXX 50 TECHNICAL ANALYSIS TRADE SUGGESTION- SELL AT 4278.00 TAKE PROFIT AT 4249.00 AND STOP LOSS AT 4302.00. WTI CRUDE OIL TECHNICAL ANALYSIS TRADE SUGGESTION- BUY AT 83.75 TAKE PROFIT AT 84.87 AND STOP LOSS AT 83.18 GOLD TECHNICAL ANALYSIS TRADE SUGGESTION- BUY AT 1821.57, TAKE PROFIT AT 1827.36 AND STOP AT 1815.34 BTC USD TECHNICAL ANALYSIS TRADE SUGGESTION- SELL AT 42618.16 TAKE PROFIT AT 40311.54 AND STOP AT 45425.06 CLICK HERE FOR MORE REPORT
TECHNICAL ANALYSIS WITH CANDLESTICK CHARTS – 18 JANUARY 2022 Asia Pacific stocks were mostly up on Tuesday morning. The Shanghai Composite is up 0.61% at 3,563.73. Overall, the Singapore MSCI up 0.12% at 344.80. Over in Hong Kong, the Hang Seng Index down 0.23% at 24,135.00. In Japan, the Nikkei 225 is down 0.32% at 28,250.00, while the Topix index is up 0.53% at 1977.50. South Korea’s Kospi down 0.89% to 2864.24. Australia S&P/ASX 200 down 0.11% at 7408.80. European equities Monday closing. The DAX futures contract in Germany traded up 0.32% at 15933.72, CAC 40 futures up 0.82% at 7201.65 and the UK 100 futures contract in the U.K. up 0.91% at 7,611.24. In U.S. on Wall Street, the Dow Jones Industrial Average closed down 0.56% at 35911.82. The S&P 500 up 0.08% at 4662.84 and the Nasdaq 100 up 0.75% at 15611.59, NYSE closes down 0.23% at 17219.06. In the Forex market, GBPUSD down 0.05% at 1.36369. The USDJPY up 0.26% at 114.905. The USDCHF up 0.22% at 0.9152. EURUSD down 0.04% at 1.13982, EUR/GBP up 0.06% at 0.8358. The USD/CNY down 0.08% at 6.3434 at the time of writing. In the commodity market U.S. Gold futures down 0.11% at $1,816.59. Elsewhere, Silver futures up 0.11% at $22.961 per ounce, Platinum down 0.26% at $969.00 per ounce, and Palladium up 0.29% at $1881.00. Crude Oil up on Tuesday; Brent crude oil up 1.41% at $87.75 per barrel while U.S. West Texas Intermediate (CLc1) is up 1.27% at $84.74. In the Cryptocurrency Markets, Bitcoin at 42314.35 up 0.14%, Ethereum down 0.24% at 3203.54, Litecoin at 147.80 down 2.36%, at the time of writing. TECHNICAL REPORT GBPUSD TRADE SUGGESTION- BUY AT 1.36354, TAKE PROFIT AT 1.36617 AND STOP LOSS AT 1.36171 EURUSD TRADE SUGGESTION- BUY AT 1.13929, TAKE PROFIT AT 1.14317 AND STOP LOSS AT 1.13576 USDJPY TRADE SUGGESTION- BUY AT 114.862, TAKE PROFIT AT 115.159 AND STOP LOSS AT 114.625 USDCHF TRADE SUGGESTION- SELL AT 0.91456, TAKE PROFIT AT 0.91193 AND STOP LOSS AT 0.91682 HANG SENG TRADE SUGGESTION- BUY AT 24047.00 TAKE PROFIT AT 24300.00 AND STOP LOSS AT 23842.00. WTI CRUDE OIL TRADE SUGGESTION- BUY AT 84.92 TAKE PROFIT AT 85.08 AND STOP LOSS AT 84.80 GOLD TRADE SUGGESTION- BUY AT 1816.00, TAKE PROFIT AT 1820.15 AND STOP AT 1812.19 ETHEREUM TRADE SUGGESTION- SELL AT 3172.52 TAKE PROFIT AT 3047.22 AND STOP AT 3259.60 CLICK HERE FOR TECHNICAL REPORT
TECHNICAL ANALYSIS WITH CANDLESTICK CHARTS – 19 JANUARY 2022 Asia Pacific stocks were mostly down on Wednesday morning. The Shanghai composite is down 0.63% at 3,547.44. Overall, the Singapore MSCI down 0.03% at 342.60. Over in Hong Kong, the Hang Seng Index down 0.10% at 24,013.00. In Japan, the Nikkei 225 down 3.08% at 27,380.00, while the Topix index is down 2.96% at 1919.00. South Korea’s Kospi down 0.75% to 2842.88. Australia S&P/ASX 200 down 1.03% at 7332.50. European equities Tuesday closing. The DAX futures contract in Germany traded down 1.01% at 15772.56, CAC 40 futures down 0.94% at 7133.84 and the UK 100 futures contract in the U.K. down 0.63% at 7,563.54. In U.S. on Wall Street, the Dow Jones Industrial Average closed down 1.51% at 35368.48. The S&P 500 down 1.84% at 4577.10 and the Nasdaq 100 down 2.57% at 15210.76, NYSE closes down 1.56% at 16950.91. In the Forex market, GBPUSD up 0.10% at 1.36082. The USDJPY down 0.27% at 114.281. The USDCHF down 0.14% at 0.9159. EURUSD up 0.07% at 1.13320, EUR/GBP down 0.04% at 0.8327. The USD/CNY down 0.07% at 6.3482 at the time of writing. In the commodity market U.S. Gold futures flat at $1,813.30. Elsewhere, Silver futures up 0.27% at $23.518 per ounce, Platinum down 0.41% at $979.00 per ounce, and Palladium down 0.26% at $1900.00. Crude Oil down on Wednesday; Brent crude oil down 0.52% at $87.96 per barrel while U.S. West Texas Intermediate (CLc1) down 0.57% at $85.29. In the Cryptocurrency Markets, Bitcoin at 41772.98 down 1.43%, Ethereum down 1.79% at 3106.57, Litecoin at 136.02 down 3.82%, at the time of writing TECHNICAL REPORT GBPUSD TRADE SUGGESTION- BUY AT 1.36016, TAKE PROFIT AT 1.36328 AND STOP LOSS AT 1.35765 EURUSD TRADE SUGGESTION- SELL AT 1.13330, TAKE PROFIT AT 1.13102 AND STOP LOSS AT 1.13516 EURGBP TRADE SUGGESTION- SELL AT 0.8327, TAKE PROFIT AT 0.8321 AND STOP LOSS AT 0.8329 EURJPY TRADE SUGGESTION- SELL AT 129.541, TAKE PROFIT AT 129.030 AND STOP LOSS AT 130.005 NIKKEI 225 TRADE SUGGESTION- SELL AT 27463.00 TAKE PROFIT AT 27448.00 AND STOP LOSS AT 27488.00. WTI CRUDE OIL TRADE SUGGESTION- BUY AT 85.19 TAKE PROFIT AT 85.71 AND STOP LOSS AT 84.73 GOLD TRADE SUGGESTION- BUY AT 1813.20, TAKE PROFIT AT 1819.86 AND STOP AT 1807.96 LITECOIN USD TRADE SUGGESTION- SELL AT 132.073 TAKE PROFIT AT 125.104 AND STOP AT 142.24
TECHNICAL ANALYSIS WITH CANDLESTICK CHARTS – 20 JANUARY 2022 Asia Pacific stocks were mostly up on Thursday morning. The Shanghai composite is up 0.05% at 3,559.87. Overall, the Singapore MSCI down 0.32% at 343.00. Over in Hong Kong, the Hang Seng Index up 2.77% at 24,741.00. In Japan, the Nikkei 225 up 0.80% at 27,740.00, while the Topix index is up 0.62% at 1936.50. South Korea’s Kospi up 0.69% to 2861.87. Australia S&P/ASX 200 up 0.14% at 7342.40. European equities Wednesday closing. The DAX futures contract in Germany traded up 0.31% at 15823.00, CAC 40 futures up 0.55% at 7172.99 and the UK 100 futures contract in the U.K. up 0.35% at 7,589.67. In U.S. on Wall Street, the Dow Jones Industrial Average closed down 0.96% at 35028.66. The S&P 500 down 0.97% at 4532.77 and the Nasdaq 100 down 1.07% at 15047.84, NYSE closes down 0.78% at 16818.97. In the Forex market, GBPUSD up 0.11% at 1.36275. The USDJPY up 0.14% at 114.478. The USDCHF down 0.03% at 0.9154. EURUSD up 0.08 % at 1.13513, EUR/GBP down 0.01% at 0.8330. The USD/CNY down 0.01% at 6.3439 at the time of writing. In the commodity market U.S. Gold futures down 0.03% at $1,839.73. Elsewhere, Silver futures up 0.31% at $24.205 per ounce, Platinum up 0.24% at $1026.50 per ounce, and Palladium down 0.42% at $1994.50. Crude Oil up on Thursday; Brent crude oil up 0.87% at $88.34 per barrel while U.S. West Texas Intermediate (CLc1) up 0.94% at $85.67. In the Cryptocurrency Markets, Bitcoin at 42006.50 up 0.81%, Ethereum up 1.92% at 3142.18, Litecoin at 138.77 up 1.77%, at the time of writing. TECHNICAL REPORT GBPUSD TRADE SUGGESTION- BUY AT 1.36263, TAKE PROFIT AT 1.36631 AND STOP LOSS AT 1.36022 EURUSD TRADE SUGGESTION- SELL AT 1.13489, TAKE PROFIT AT 1.13306 AND STOP LOSS AT 1.13727 GBPJPY TRADE SUGGESTION- SELL AT 155.940, TAKE PROFIT AT 155.409 AND STOP LOSS AT 156.507 CHFJPY TRADE SUGGESTION- SELL AT 124.926, TAKE PROFIT AT 124.502 AND STOP LOSS AT 125.205 DOW JONES TRADE SUGGESTION- SELL AT 35085.00 TAKE PROFIT AT 34913.00 AND STOP LOSS AT 35274.00. WTI CRUDE OIL TRADE SUGGESTION- BUY AT 85.50 TAKE PROFIT AT 86.31 AND STOP LOSS AT 84.84 GOLD TRADE SUGGESTION- BUY AT 1839.90, TAKE PROFIT AT 1848.50 AND STOP AT 1832.65 BTC USD TRADE SUGGESTION- SELL AT 41842.03 TAKE PROFIT AT 40964.04 AND STOP AT 43258.36
TECHNICAL ANALYSIS WITH CANDLESTICK CHARTS – 24 JANUARY 2022 Asia Pacific stocks were mostly down on Monday morning. The Shanghai composite is up 0.23% at 3,530.65. Overall, the Singapore MSCI down 1.11% at 339.75. Over in Hong Kong, the Hang Seng Index down 0.80% at 24,716.00. In Japan, the Nikkei 225 up 0.15% at 27,560.00, while the Topix index is up 0.29% at 1930.50. South Korea’s Kospi down 1.60% to 2788.89. Australia S&P/ASX 200 down 0.51% at 7139.50. European equities Friday closing. The DAX futures contract in Germany traded down 1.94% at 15603.88, CAC 40 futures down 1.75% at 7068.60 and the UK 100 futures contract in the U.K. up 0.58% at 7,479.50. In U.S. on Wall Street, the Dow Jones Industrial Average closed down 1.30% at 34265.38. The S&P 500 down 1.89% at 4397.95 and the Nasdaq 100 down 2.75% at 14438.40, NYSE closes down 1.60% at 16397.34. In the Forex market, GBPUSD down 0.04% at 1.35477. The USDJPY up 0.23% at 113.923. The USDCHF up 0.21% at 0.9137. EURUSD down 0.15% at 1.13266, EUR/GBP down 0.09% at 0.8360. The USD/CNY down 0.10% at 6.3323 at the time of writing. In the commodity market U.S. Gold futures up 0.15% at $1,837.27. Elsewhere, Silver futures down 0.62% at $24.120 per ounce, Platinum up 0.39% at $1032.50 per ounce, and Palladium up 0.64% at $2122.00. Crude Oil up on Monday; Brent crude oil up 1.00% at $88.58 per barrel while U.S. West Texas Intermediate (CLc1) up 1.13% at $85.54. In the Cryptocurrency Markets, Bitcoin at 35071.78 down 3.37%, Ethereum down 4.25% at 2435.16, Litecoin at 107.59 down 4.29%, at the time of writing. TECHNICAL REPORT GBPUSD TRADE SUGGESTION- SELL AT 1.35407, TAKE PROFIT AT 1.35198 AND STOP LOSS AT 1.35755 EURUSD TRADE SUGGESTION- SELL AT 1.13152, TAKE PROFIT AT 1.12998 AND STOP LOSS AT 1.13397 EURGBP TRADE SUGGESTION- BUY AT 0.83541, TAKE PROFIT AT 0.83695 AND STOP LOSS AT 0.82474 EURJPY TRADE SUGGESTION- SELL AT 128.795, TAKE PROFIT AT 128.526 AND STOP LOSS AT 129.115 NIKKEI 225 TRADE SUGGESTION- SELL AT 27573.00 TAKE PROFIT AT 27470.00 AND STOP LOSS AT 27633.00. WTI CRUDE OIL TRADE SUGGESTION- BUY AT 85.37 TAKE PROFIT AT 85.84 AND STOP LOSS AT 84.90 GOLD TRADE SUGGESTION- BUY AT 1837.45, TAKE PROFIT AT 1844.01 AND STOP AT 1832.60 LITECOIN USD TRADE SUGGESTION- SELL AT 106.457 TAKE PROFIT AT 100.000 AND STOP AT 125.161
TECHNICAL ANALYSIS WITH CANDLESTICK CHARTS – 27 JANUARY 2022 Asia Pacific stocks were down on Thursday morning. The Shanghai Composite is down 1.21% at 3,413.91. Overall, the Singapore MSCI is down 1.98% at 331.00. Over in Hong Kong, the Hang Seng Index down 2.62% at 23,676.00. In Japan, the Nikkei 225 is down 3.18% at 26,150.00, while the Topix index is down 2.62% at 1841.50. South Korea’s Kospi down 3.31% to 2619.42. Australia S&P/ASX 200 down 1.77% at 6838.30. European equities Wednesday closing. The DAX futures contract in Germany traded up 2.22% at 15459.39, CAC 40 futures up 2.11% at 6981.97, and the UK 100 futures contract in the U.K. up 1.33% at 7,469.79. In the U.S. on Wall Street, the Dow Jones Industrial Average closed down 0.38% at 34168.10. The S&P 500 down 0.15% at 4349.92 and the Nasdaq 100 up 0.17% at 14172.76, NYSE closes down 0.64% at 16236.51. In the Forex market, GBPUSD down 0.23% at 1.34290. The USDJPY up 0.05% at 114.695. The USDCHF up 0.05% at 0.92463. EURUSD down 0.19% at 1.122, EUR/GBP up 0.10% at 0.8356. The USD/CNY up 0.41% at 6.3450 at the time of writing. In the commodity market, U.S. Gold futures are down 0.37% at $1,812.30. Elsewhere, Silver futures down 1.36% at $23.181 per ounce, Platinum down 1.02% at $1019.00 per ounce, and Palladium down 0.90% at $2309.50. Crude Oil down on Thursday; Brent crude oil down 0.49% at $89.26 per barrel while U.S. West Texas Intermediate (CLc1) down 0.65% at $86.115. In the Cryptocurrency Markets, Bitcoin at 35985.66 down 2.29%, Ethereum down 3.36% at 2381.04, Litecoin at 105.11 down 1.77%, at the time of writing. TECHNICAL REPORT GBPUSD TRADE SUGGESTION- SELL AT 1.34242, TAKE PROFIT AT 1.34065 AND STOP LOSS AT 1.34565 EURUSD TRADE SUGGESTION- SELL AT 1.12180, TAKE PROFIT AT 1.12132 AND STOP LOSS AT 1.12244 EURGBP TRADE SUGGESTION- SELL AT 0.83501, TAKE PROFIT AT 0.83397 AND STOP LOSS AT 0.83697 EURJPY TRADE SUGGESTION- SELL AT 128.564, TAKE PROFIT AT 128.375 AND STOP LOSS AT 128.796 EURO STOXX 50 TRADE SUGGESTION- SELL AT 4067.00 TAKE PROFIT AT 4027.00 AND STOP LOSS AT 4107.00. WTI CRUDE OIL TRADE SUGGESTION- BUY AT 86.29 TAKE PROFIT AT 87.36 AND STOP LOSS AT 85.36 GOLD TRADE SUGGESTION- SELL AT 1813.05, TAKE PROFIT AT 1808.51 AND STOP AT 1819.89 LITECOIN USD TRADE SUGGESTION- SELL AT 105.20 TAKE PROFIT AT 102.67 AND STOP AT 109.46 CLICK HERE FOR FULL REPORT
TECHNICAL ANALYSIS WITH CANDLESTICK CHARTS – 28 JANUARY 2022 Asia Pacific stocks were mostly up on Friday morning. The Shanghai composite is down 0.24% at 3,385.96. Overall, the Singapore MSCI down 0.66% at 330.80. Over in Hong Kong, the Hang Seng Index down 1.08% at 23,581.00. In Japan, the Nikkei 225 up 1.83% at 26,700.00, while the Topix index is up 1.76% at 1875.00. South Korea’s Kospi up 1.92% to 2664.72. Australia S&P/ASX 200 up 2.19% at 6988.10. European equities Thursday closing. The DAX futures contract in Germany traded up 0.42% at 15524.27, CAC 40 futures up 0.60% at 7023.81 and the UK 100 futures contract in the U.K. up 1.13% at 7,554.32. In U.S. on Wall Street, the Dow Jones Industrial Average closed down 0.02% at 34160.79. The S&P 500 down 0.54% at 4326.50 and the Nasdaq 100 down 1.20% at 14003.11, NYSE closes down 0.52% at 16152.11. In the Forex market, GBPUSD up 0.23% at 1.34133. The USDJPY up 0.01% at 115.380. The USDCHF down 0.06% at 0.92987. EURUSD up 0.06% at 1.1152, EUR/GBP down 0.11% at 0.8314. The USD/CNY down 0.13% at 6.3563 at the time of writing. In the commodity market U.S. Gold futures up 0.04% at $1,797.80. Elsewhere, Silver futures up 0.01% at $22.745 per ounce, Platinum up 0.34% at $1028.00 per ounce, and Palladium down 1.43% at $2339.00. Crude Oil down on Friday; Brent crude oil down 0.08% at $89.86 per barrel while U.S. West Texas Intermediate (CLc1) down 0.71% at $84.84. In the Cryptocurrency Markets, Bitcoin at 37340.99 up 0.36%, Ethereum up 1.41% at 2459.35, Litecoin at 108.26 up 1.28%, at the time of writing. TECHNICAL REPORT GBPUSD Click here for full report
Technical Analysis of the financial market - 31 January 2022 Asia Pacific stocks were mostly up on Monday morning. The Shanghai composite is up 0.39% at 3,407.59. Overall, the Singapore MSCI up 1.11% at 332.90. Over in Hong Kong, the Hang Seng Index up 1.91% at 23,862.00. In Japan, the Nikkei 225 up 1.24% at 27,040.00, while the Topix index is up 1.15% at 1896.50. South Korea’s Kospi up 1.87% to 2663.34. Australia S&P/ASX 200 up 1.95% at 6971.60. European equities Friday closing. The DAX futures contract in Germany traded down 1.32% at 15318.95, CAC 40 futures down 0.82% at 6965.89 and the UK 100 futures contract in the U.K. up 0.24% at 7,531.00. In U.S. on Wall Street, the Dow Jones Industrial Average closed up 1.65% at 34725.48. The S&P 500 up 2.44% at 4431.86 and the Nasdaq 100 up 3.22% at 14454.61, NYSE closes up 1.52% at 16397.86. In the Forex market, GBPUSD up 0.27% at 1.34231. The USDJPY up 0.26% at 115.487. The USDCHF up 0.02% at 0.9311. EURUSD up 0.17% at 1.1166, EUR/GBP up 0.09% at 0.83185. The USD/CNY flat at 6.3605 at the time of writing. In the commodity market U.S. Gold futures down 0.11% at $1,789.16. Elsewhere, Silver futures down 0.16% at $22.417 per ounce, Platinum up 0.20% at $1012.00 per ounce, and Palladium flat at $2376.50. Crude Oil up on Monday; Brent crude oil up 0.54% at $91.17 per barrel while U.S. West Texas Intermediate (CLc1) up 0.75% at $85.48. In the Cryptocurrency Markets, Bitcoin at 36996.93 down 2.49%, Ethereum down 3.53% at 2510.48, Litecoin at 104.77 down 3.70%, at the time of writing. TECHNICAL REPORT GBPUSD Read More
TECHNICAL ANALYSIS WITH CANDLESTICK CHARTS – 01 FEBRUARY 2022 Asia Pacific stocks were mostly up on Tuesday morning. The Shanghai Composite is down 0.97% at 3,361.43. Overall, the Singapore MSCI up 0.53% at 334.30. Over in Hong Kong, the Hang Seng Index up 1.91% at 23,862.00. In Japan, the Nikkei 225 up 0.04% at 27,060.00, while the Topix index is down 0.21% at 1894.50. South Korea’s Kospi up 1.87% to 2663.34. Australia S&P/ASX 200 up 0.49% at 7006.00. European equities Monday closing. The DAX futures contract in Germany traded up 0.99% at 15471.20, CAC 40 futures up 0.48% at 6999.21 and the UK 100 futures contract in the U.K. down 0.31% at 7,503.00. In U.S. on Wall Street, the Dow Jones Industrial Average closed up 1.17% at 35131.87. The S&P 500 up 1.89% at 4515.54 and the Nasdaq 100 up 3.29% at 14930.05, NYSE closes up 1.60% at 16659.77. In the Forex market, GBPUSD up 0.05% at 1.34499. The USDJPY down 0.11% at 115.019. The USDCHF down 0.14% at 0.92572. EURUSD up 0.03% at 1.12369, EUR/GBP up 0.07% at 0.83551. The USD/CNY flat at 6.3605 at the time of writing. In the commodity market U.S. Gold futures up 0.34% at $1,802.74. Elsewhere, Silver futures up 0.35% at $22.537 per ounce, Platinum up 0.88% at $1029.00 per ounce, and Palladium up 0.40% at $2358.50. Crude Oil mix on Tuesday; Brent crude oil up 0.22% at $89.40 per barrel while U.S. West Texas Intermediate (CLc1) down 0.90% at $87.85. In the Cryptocurrency Markets, Bitcoin at 38314.37 down 0.46%, Ethereum up 1.79% at 2737.06, Litecoin at 110.45 up 0.77%, at the time of writing. TECHNICAL REPORT GBPUSD Read More
TECHNICAL ANALYSIS WITH CANDLESTICK CHARTS – 02 FEBRUARY 2022 Asia Pacific stocks were mostly up on Wednesday morning. The Shanghai composite is down 0.97% at 3,361.43. Overall, the Singapore MSCI up 1.10% at 340.10. Over in Hong Kong, the Hang Seng Index up 1.91% at 23,862.00. In Japan, the Nikkei 225 up 1.81% at 27,520.00, while the Topix index is up 2.32% at 1938.00. South Korea’s Kospi up 1.87% to 2663.34. Australia S&P/ASX 200 up 1.17% at 7087.70. European equities Tuesday closing. The DAX futures contract in Germany traded up 0.96% at 15619.39, CAC 40 futures up 1.43% at 7099.50 and the UK 100 futures contract in the U.K. up 0.96% at 7,535.77. In U.S. on Wall Street, the Dow Jones Industrial Average closed up 0.78% at 35405.25. The S&P 500 up 0.69% at 4546.53 and the Nasdaq 100 up 0.60% at 15019.68, NYSE closes up 1.02% at 16829.71. In the Forex market, GBPUSD up 0.01% at 1.35219. The USDJPY up 0.08% at 114.745. The USDCHF up 0.05% at 0.92160. EURUSD down 0.02% at 1.12687, EUR/GBP up 0.01% at 0.83335. The USD/CNY flat at 6.3605 at the time of writing. In the commodity market U.S. Gold futures down 0.18% at $1,797.15. Elsewhere, Silver futures up 0.18% at $22.660 per ounce, Platinum down 0.24% at $1024.50 per ounce, and Palladium up 0.42% at $2367.00. Crude Oil down on Wednesday; Brent crude oil down 0.08% at $89.28 per barrel while U.S. West Texas Intermediate (CLc1) down 0.04% at $87.40. In the Cryptocurrency Markets, Bitcoin at 38369.00 down 0.94%, Ethereum down 1.24% at 2756.43, Litecoin at 113.67 down 1.23%, at the time of writing. TECHNICAL REPORT GBPUSD Read More
TECHNICAL ANALYSIS WITH CANDLESTICK CHARTS – 03 FEBRUARY 2022 Asia Pacific stocks were mostly mix on Thursday morning. The Shanghai composite is down 0.97% at 3,361.43. Overall, the Singapore MSCI down 0.37% at 339.20. Over in Hong Kong, the Hang Seng Index up 1.91% at 23,862.00. In Japan, the Nikkei 225 down 1.23% at 27,200.00, while the Topix index is down 1.01% at 1919.50. South Korea’s Kospi up 1.67% to 2707.82. Australia S&P/ASX 200 down 0.14% at 7078.00. European equities Wednesday closing. The DAX futures contract in Germany traded down 0.04% at 15613.77, CAC 40 futures up 0.22% at 7155.28 and the UK 100 futures contract in the U.K. up 0.63% at 7,583.01. In U.S. on Wall Street, the Dow Jones Industrial Average closed up 0.63% at 35629.34. The S&P 500 up 0.94% at 4589.37 and the Nasdaq 100 up 0.80% at 15139.74, NYSE closes up 0.44% at 16904.51. In the Forex market, GBPUSD down 0.16% at 1.35532. The USDJPY up 0.07% at 114.525. The USDCHF up 0.22% at 0.92028. EURUSD down 0.07% at 1.12939, EUR/GBP up 0.10% at 0.83327. The USD/CNY flat at 6.3605 at the time of writing. In the commodity market U.S. Gold futures down 0.04% at $1,805.55. Elsewhere, Silver futures down 0.45% at $22.540 per ounce, Platinum down 0.39% at $1031.00 per ounce, and Palladium flat at $2374.50. Crude Oil down on Thursday; Brent crude oil down 0.17% at $89.13 per barrel while U.S. West Texas Intermediate (CLc1) down 0.17% at $86.94. In the Cryptocurrency Markets, Bitcoin at 36957.85 up 0.09%, Ethereum down 0.96% at 2656.56, Litecoin at 109.14 up 0.71%, at the time of writing. TECHNICAL REPORT GBPUSD Read More
TECHNICAL ANALYSIS WITH CANDLESTICK CHARTS – 04 FEBRUARY 2022 Asia Pacific stocks were mixed on Friday morning. The Shanghai composite is down 0.97% at 3,361.43. Overall, the Singapore MSCI up 0.31% at 341.65. Over in Hong Kong, the Hang Seng Index up 2.84% at 24,539.00. In Japan, the Nikkei 225 up 0.77% at 27,410.00, while the Topix index is up 0.55% at 1930.00. South Korea’s Kospi up 1.57% to 2750.26. Australia S&P/ASX 200 up 0.60% at 7120.20. European equities Thursday closing. The DAX futures contract in Germany traded down 1.57% at 15368.47, CAC 40 futures down 1.54% at 7005.64 and the UK 100 futures contract in the U.K. down 0.71% at 7,528.85. In U.S. on Wall Street, the Dow Jones Industrial Average closed down 1.45% at 35111.17. The S&P 500 down 2.44% at 4477.43 and the Nasdaq 100 down 4.22% at 14501.11, NYSE closes down 1.34% at 16677.39. In the Forex market, GBPUSD down 0.01% at 1.35923. The USDJPY down 0.01% at 114.968. The USDCHF up 0.10% at 0.92021. EURUSD up 0.21% at 1.14589, EUR/GBP up 0.24% at 0.84293. The USD/CNY flat at 6.3605 at the time of writing. In the commodity market U.S. Gold futures up 0.16% at $1,807.84. Elsewhere, Silver futures up 0.47% at $22.519 per ounce, Platinum flat at $1034.50 per ounce, and Palladium up 0.43% at $2339.50. Crude Oil up on Friday; Brent crude oil up 0.42% at $91.37 per barrel while U.S. West Texas Intermediate (CLc1) up 0.50% at $89.47. In the Cryptocurrency Markets, Bitcoin at 38011.52 up 1.85%, Ethereum up 3.43% at 2790.16, Litecoin at 112.72 up 1.49%, at the time of writing. TECHNICAL SUMMARY GBPUSD READ MORE
TECHNICAL ANALYSIS WITH CANDLESTICK CHARTS – 09 FEBRUARY 2022 Asia Pacific stocks were mixed on Wednesday morning. The Shanghai composite is up 0.77% at 3,479.26. Overall, the Singapore MSCI up 1.02% at 355.55. Over in Hong Kong, the Hang Seng Index up 1.94% at 24,796.00. In Japan, the Nikkei 225 up 0.99% at 27,550.00, while the Topix index is up 1.06% at 1953.00. South Korea’s Kospi up 0.81% to 2768.85. Australia S&P/ASX 200 up 1.14% at 7268.30. European equities Tuesday closing. The DAX futures contract in Germany traded up 0.24% at 15242.38, CAC 40 futures up 0.27% at 7028.42 and the UK 100 futures contract in the U.K. down 0.08% at 7,567.06. In U.S. on Wall Street, the Dow Jones Industrial Average closed up 1.06% at 35462.79. The S&P 500 up 0.84% at 4521.55 and the Nasdaq 100 up 1.21% at 14747.03, NYSE closes up 0.78% at 16853.70. In the Forex market, GBPUSD up 0.14% at 1.35570. The USDJPY down 0.01% at 115.507. The USDCHF up 0.03% at 0.92480. EURUSD up 0.07% at 1.14219, EUR/GBP up 0.02% at 0.84243. The USD/CNY down 0.05% at 6.3625 at the time of writing. In the commodity market U.S. Gold futures up 0.07% at $1,827.26. Elsewhere, Silver futures up 0.10% at $23.211 per ounce, Platinum down 0.19% at $1031.00 per ounce, and Palladium down 0.22% at $2240.00. Crude Oil down on Wednesday; Brent crude oil down 0.77% at $90.46 per barrel while U.S. West Texas Intermediate (CLc1) down 0.79% at $87.96. In the Cryptocurrency Markets, Bitcoin at 43164.00 down 0.63%, Ethereum down 0.49% at 3105.67, Litecoin at 137.27 up 2.61%, at the time of writing. TECHNICAL REPORT GBPUSD READ MORE
