JamesThatcher and CSFX thread

Discussion in 'Trade Journals' started by JamesThatcher, Feb 17, 2021.

  1. CSFX

    CSFX Member

    Joined:
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    Messages:
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    TECHNICAL ANALYSIS REPORT TODAY – 03 JUNE 2021
    Asia Pacific stocks were mostly up Thursday morning. The Shanghai composite is down 0.06% at 3,593.55. Overall, the Singapore MSCI up 0.25% at 359.65. Over in Hong Kong, the Hang Seng Index down 0.39% to 29,012. In Japan, the Nikkei 225 up 0.48% at 29,070, while the Topix index is up 0.93% at 1958.5. South Korea’s Kospi up 0.84% to 3251.39. Australia S&P/ASX 200 up 0.58% at 7260.0.

    European equities Wednesday closing. The DAX futures contract in Germany traded 0.23% up at 15602.71, CAC 40 futures up 0.49% at 6521.33 and the UK 100 futures contract in the U.K. up 0.39% at 7,108.01.

    In U.S. on Wall Street, the Dow Jones Industrial Average closed flat at 34600.38 the S&P 500 down 0.14% to 4208.11 and the Nasdaq 100 up 0.07% at 13691.5, NYSE closes at 16673.96 up 0.18%.

    In the Forex market, GBPUSD down 0.13% at 1.41495. The USDJPY up 0.25% at 109.795. The USDCHF up 0.18% at 0.89929. EURUSD down 0.14% at 1.2195, EUR/GBP up 0.02% at 0.86157. The USD/CNY up 0.16% at 6.3908, at the time of writing.

    In the commodity market U.S. Gold futures down 0.56% at $1,897.31. Elsewhere, Silver futures down 1.01% to $27.845per ounce, Platinum down 0.53% at $1184.81 per ounce, and Palladium down 0.16% to $2,852.00.

    Crude Oil up on Thursday; Brent crude oil up 0.80% to $71.76 barrel while U.S. West Texas Intermediate (CLc1) is up 1.34% at $68.74.

    In the Cryptocurrency Markets, BTCUSD at 38727.34 up 3.06%, Ethereum at 2810.35 up 3.79%, Litecoin at 191.52 up 2.29%, at the time of writing.

    TOP STOCKS TO WATCH OUT TODAY:

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    Top 5 Stock
    ETSY Inc. up 7.146% at $175.14, INVESCO Ltd. up 4.744% at $28.48, EBAY Inc. up 3.324% to $63.41, TESLA Inc. down 3.01% to $605.12, MODERNA Inc. up 3.758% to $191.60, BAIDU Inc. down 1.967% at $197.85.

    Economic news:

    US: The G7 wealthy democracies are expected to endorse Washington’s proposal for an ambitious global corporate minimum tax when their leaders meet later this week in Britain, a U.S. Treasury official said on Wednesday.

    The official said in an emailed statement that the Treasury expects the meetings of the Group of Seven finance ministers on Friday and Saturday in London to provide momentum for advancing global corporate tax negotiations toward a broader G20 finance meeting in July in Italy.

    A full endorsement is expected at the culmination of the G7 meetings with the leaders’ summit, the official added.

    The U.S. Treasury in May proposed a global minimum corporate tax of at least 15% to try to end a downward spiral of corporate tax rates and deter multinational firms from shifting profits to tax-haven countries.

    The proposed minimum is lower than the Biden administration’s own proposals to raise the domestic corporate tax rate to 28% and impose a 21% minimum levy on overseas profits earned by U.S. companies.

    Eurozone: The European Central Bank will not change the total size of its asset purchase programme at its June 10 meeting but will start tapering its pandemic purchases later this year, according to a Reuters poll which also showed inflation risks to the upside.

    With an economic recovery underway and price pressures rising, calls for winding down the emergency purchases have increased in recent weeks. But several ECB members have said a decision to reduce purchases at the June 10 policy meeting was unlikely.

    Nearly 90% of economists, or 34 of 39, in response to an additional question in the May 28-June 2 Reuters poll said the ECB would leave the 1.85 trillion euros worth of asset buys under its Pandemic Emergency Purchase Programme (PEPP) unchanged at its June meeting.

    “As the recovery starts to gather speed, the ECB continues to walk a fine line between preserving favourable financial conditions and starting to unwind some of the emergency support measures unveiled during the pandemic,” said Angel Talavera, head of Europe economics at Oxford Economics.

    Important Data: UK Composite PMI (May) today at 4:30 this time estimated 62.0, previously which was 62.0. US ADP Nonfarm Employment Change (May) today at 8:15 this time estimated 650K, previously which was 742K. AUSTRALIA Home Loans (MoM) today at 21:30 previously which was 3.3%. JAPAN Household Spending (MoM) (Apr) today at 19:30 this time estimated -2.2%, previously which was 7.2%.

    TECHNICAL SUMMARY

    GBPUSD

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    TRADE SUGGESTION- BUY AT 1.41496, TAKE PROFIT AT 1.41502 AND STOP LOSS AT 1.41490

    EURUSD

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    TRADE SUGGESTION- BUY AT 1.21840, TAKE PROFIT AT 1.22 AND STOP LOSS AT 1.21762

    USDJPY

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    TRADE SUGGESTION- BUY AT 109.751, TAKE PROFIT AT 109.934 AND STOP LOSS AT 109.674

    USDCHF

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    TRADE SUGGESTION- BUY AT 0.8999, TAKE PROFIT AT 0.90175 AND STOP LOSS AT 0.89845

    DJ EURO STOXX 50

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    TRADE SUGGESTION- BUY AT 4078 TAKE PROFIT AT 4096 AND STOP LOSS AT 4075

    WTI CRUDE OIL

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    TRADE SUGGESTION- BUY AT 69.08 TAKE PROFIT AT 69.35 AND STOP LOSS AT 69.00

    GOLD

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    TRADE SUGGESTION- BUY AT 1897.35, TAKE PROFIT AT 1900.05 AND STOP AT 1894.25

    LITECOIN USD

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    TRADE SUGGESTION- BUY AT 191.763 TAKE PROFIT AT 198.41 AND STOP AT 185.18
     
  2. CSFX

    CSFX Member

    Joined:
    Mar 15, 2021
    Messages:
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    TECHNICAL ANALYSIS REPORT TODAY – 04 JUNE 2021
    Asia Pacific stocks were mostly down Friday morning. The Shanghai composite is up 0.34% at 3,596.52. Overall, the Singapore MSCI down 0.47% at 357.55. Over in Hong Kong, the Hang Seng Index down 0.15% to 28,817. In Japan, the Nikkei 225 down 0.38% at 28,960, while the Topix index is down 0.13% at 1956.5. South Korea’s Kospi down 0.27% to 3237.40. Australia S&P/ASX 200 up 0.49% at 7295.9.

    European equities Thursday closing. The DAX futures contract in Germany traded 0.19% up at 15632.67, CAC 40 futures down 0.21% at 6507.93 and the UK 100 futures contract in the U.K. down 0.61% at 7,064.36.

    In U.S. on Wall Street, the Dow Jones Industrial Average closed flat at 34577.04 the S&P 500 down 0.36% to 4192.86 and the Nasdaq 100 down 0.19% at 13504.9, NYSE closes at 16632.33 down 0.25%.

    In the Forex market, GBPUSD down 0.11% at 1.40854. The USDJPY up 0.01% at 110.262. The USDCHF up 0.17% at 0.90493. EURUSD down 0.15% at 1.21079, EUR/GBP flat at 0.85942. The USD/CNY up 0.05% at 6.4071, at the time of writing.

    In the commodity market U.S. Gold futures down 0.12% at $1,869.11. Elsewhere, Silver futures down 0.28% to $27.337 per ounce, Platinum down 0.86% at $1151.00 per ounce, and Palladium down 0.65% to $2,818.00.

    Crude Oil mix on Friday; Brent crude oil up 0.24% to $71.36 barrel while U.S. West Texas Intermediate (CLc1) is down 0.03% at $68.81.

    In the Cryptocurrency Markets, BTCUSD at 36902.04 down 5.91%, Ethereum at 2670.33 down 6.51%, Litecoin at 176.63 down 8.46%, at the time of writing.

    TOP STOCKS TO WATCH OUT TODAY:

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    Top 5 Stock
    FORD MOTOR Co. up 7.244% at $15.99, GENERAL MOTOR Co. up 6.387% at $63.46, ETSY Inc. down 5.367% to $165.74, TESLA Inc. down 5.335% to $572.84, BIOGEN Inc. up 1.188% to $272.55, EBAY Inc. up 1.041% at $64.07.

    Economic news:

    US: U.S. job growth likely accelerated in May as vaccinations eased the pandemic’s grip on the economy, but companies faced difficulties hiring, with millions of unemployed Americans at home because of childcare problems and generous unemployment checks, leaving open the chance for another letdown in job creation.

    The Labor Department’s closely watched employment report on Friday could offer assurance that the recovery from the pandemic recession was on track after worker shortages also blamed on lingering fears over COVID-19 sharply restrained employment growth in April, which delivered roughly a quarter of the new jobs economists had forecast.

    Slower hiring stirred debate among some economists that growth was stagnating at a time when inflation was rising.

    “With the reopening of the economy, we should be seeing very strong job growth,” said Ryan Sweet, a senior economist at Moody’s (NYSE:MCO) Analytics in West Chester, Pennsylvania. “The supply constraints are problematic, but it doesn’t mean that’s going to prevent the economy from continuing to recover. The U.S. is not experiencing stagflation and it won’t over the next few years.”

    According to a Reuters survey of economists, nonfarm payrolls likely increased by 650,000 jobs last month after rising only 266,000 in April. That would leave employment about 7.6 million jobs below its peak in February 2020.

    Eurozone: British finance minister Rishi Sunak said he was very hopeful that a meeting of G7 finance ministers in London on Friday and Saturday would reach a concrete agreement on taxing large tech companies and other goals.

    The gathering will be the first-time finance ministers from the United States, Japan, Germany, Britain, France, Italy and Canada will meet face-to-face since the start of the coronavirus pandemic.

    “I’m determined we work together and unite to tackle the world’s most pressing economic challenges – and I’m hugely optimistic that we will deliver some concrete outcomes this weekend,” Sunak said in a statement late on Thursday.

    The United States has proposed a global minimum corporate tax rate of at least 15% to stop multinational companies from benefiting from tax havens.

    But Britain and other European countries want to ensure that increased tax revenue is paid where the businesses operate, not just where they declare profits.

    Important Data: UK Construction PMI (May) today at 4:30 this time estimated 62.3, previously which was 61.6. US Nonfarm Payrolls (May) today at 8:30 this time estimated 650K, previously which was 266K. CANADA Employment Change (May) today at 21:30 this time estimated -20K, previously which was -207.1K. RUSSIA GDP Monthly (YoY) (Apr) today at 19:28 previously which was 0.5%.

    TECHNICAL SUMMARY

    GBPUSD

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    TRADE SUGGESTION- SELL AT 1.40901, TAKE PROFIT AT 1.40722 AND STOP LOSS AT 1.41061

    EURUSD

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    TRADE SUGGESTION- SELL AT 1.21017, TAKE PROFIT AT 1.20855 AND STOP LOSS AT 1.21222

    EURGBP

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    TRADE SUGGESTION- SELL AT 0.85881, TAKE PROFIT AT 0.85784 AND STOP LOSS AT 0.85995

    EURJPY

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    TRADE SUGGESTION- BUY AT 133.464, TAKE PROFIT AT 133.496 AND STOP LOSS AT 133.456

    FTSE 100

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    TRADE SUGGESTION- BUY AT 7061.6 TAKE PROFIT AT 7090 AND STOP LOSS AT 7037.9

    WTI CRUDE OIL

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    TRADE SUGGESTION- BUY AT 68.89 TAKE PROFIT AT 69.18 AND STOP LOSS AT 68.66

    GOLD

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    TRADE SUGGESTION- SELL AT 1872.87, TAKE PROFIT AT 1864.63 AND STOP AT 1879.53

    BTC USD

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    TRADE SUGGESTION- SELL AT 36636.62 TAKE PROFIT AT 35829.32 AND STOP AT 37244.99
     
  3. CSFX

    CSFX Member

    Joined:
    Mar 15, 2021
    Messages:
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    TECHNICAL ANALYSIS REPORT TODAY – 07 JUNE 2021
    Asian shares turned sluggish on Monday. The Shanghai composite is down 0.05% at 3,589.65. Overall, the Singapore MSCI up 1.13% at 361.00. Over in Hong Kong, the Hang Seng Index down 0.45% to 28,677. In Japan, the Nikkei 225 up 0.37% at 29,040, while the Topix index is up 0.33% at 1960.5. South Korea’s Kospi up 0.28% to 3248.74. Australia S&P/ASX 200 down 0.08% at 7289.7.

    European equities Friday closing. The DAX futures contract in Germany traded 0.39% up at 15692.90, CAC 40 futures up 0.12% at 6515.67 and the UK 100 futures contract in the U.K. down 0.11% at 7,070.40.

    In U.S. on Wall Street, the Dow Jones Industrial Average closed down 0.01% at 34756.40 the S&P 500 up 0.88% to 4229.88 and the Nasdaq 100 up 1.78% at 13770.77, NYSE closes at 16708.74 up 0.46%.

    In the Forex market, GBPUSD down 0.06% at 1.41424. The USDJPY up 0.01% at 109.494. The USDCHF up 0.04% at 0.89938. EURUSD down 0.04% at 1.21621, EUR/GBP up 0.18% at 0.85995. The USD/CNY up 0.10% at 6.4010, at the time of writing.

    In the commodity market U.S. Gold futures down 0.23% at $1,885.89. Elsewhere, Silver futures down 0.76% to $27.579 per ounce, Platinum up 0.43% at $1166.87 per ounce, and Palladium down 0.21% to $2,839.03.

    Crude Oil mix on Monday; Brent crude oil down 0.49% to $71.25 barrel while U.S. West Texas Intermediate (CLc1) is up 0.89% at $69.35.

    In the Cryptocurrency Markets, BTCUSD at 36407.74 up 1.61%, Ethereum at 2791.38 up 2.98%, Litecoin at 180.14 up 2.25%, at the time of writing.

    TOP STOCKS TO WATCH OUT TODAY:

    [​IMG]
    Top 5 Stock
    BIOGEN Inc. up 4.986% at $286.14, AUTO DESK Inc. up 3.756% at $284.78, TWITTER Inc. up 3.491% to $59.00, INTEL Corp. up 2.009% to $57.37, 3M Co. up 1.169% to $206.05, TESLA Inc. up 4.575% at $599.05.

    Economic news:

    US: U.S. Treasury Secretary Janet Yellen said that President Joe Biden’s $4 trillion spending plan would be good for the U.S., even if it contributes to rising inflation and results in higher interest rates, Bloomberg News reported.

    “If we ended up with a slightly higher interest rate environment it would actually be a plus for society’s point of view and the Fed’s point of view,” Yellen said in an interview with the outlet on Sunday.

    “We’ve been fighting inflation that’s too low and interest rates that are too low now for a decade,” the report quoted Yellen as saying.

    “We want them to go back to” a normal interest rate environment, “and if this helps a little bit to alleviate things then that’s not a bad thing- that’s a good thing,” Yellen added.

    Eurozone: Britain is enjoying a strong economic bounce-back as COVID restrictions lift, though pubs and restaurants are recovering faster than town-centre retail, Bank of England Deputy Governor Jon Cunliffe said on Friday.

    “What we’re seeing is a strong bounce back of activity,” Cunliffe told BBC Radio Suffolk after speaking to businesses in that region of eastern England.

    “People have accumulated a lot of savings, they’re going out and they’re spending, particularly in those areas we couldn’t go out in the last year or so,” he added

    Important Data: JAPAN GDP (QoQ) (Q1) today at 19:50 this time estimated -1.2%, previously which was 2.8%. RUSSIA CPI (MoM) (May) today at 12:00 this time estimated 0.6%, previously which was 0.6%. UK BRC Retail Sales Monitor (YoY) (May) today at 19:01 previously which was 39.6%. US Consumer Credit (Apr) today at 15:00 this time estimated 21B, previously which was 25.84B.

    TECHNICAL SUMMARY

    GBPUSD

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    TRADE SUGGESTION- SELL AT 1.41208, TAKE PROFIT AT 1.40961 AND STOP LOSS AT 1.41492

    EURUSD

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    [​IMG]
    TRADE SUGGESTION- SELL AT 1.21566, TAKE PROFIT AT 1.21466 AND STOP LOSS AT 1.21707

    USDJPY

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    [​IMG]
    TRADE SUGGESTION- BUY AT 109.487, TAKE PROFIT AT 109.718 AND STOP LOSS AT 109.312

    USDCHF

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    TRADE SUGGESTION- SELL AT 0.89965, TAKE PROFIT AT 0.89798 AND STOP LOSS AT 0.90114

    DOW JONES

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    TRADE SUGGESTION- BUY AT 34715 TAKE PROFIT AT 34811 AND STOP LOSS AT 34657

    WTI CRUDE OIL

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    TRADE SUGGESTION- BUY AT 69.08 TAKE PROFIT AT 69.31 AND STOP LOSS AT 69.01

    GOLD

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    TRADE SUGGESTION- SELL AT 1883.40, TAKE PROFIT AT 1872.77 AND STOP AT 1889.33

    ETHEREUM

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    TRADE SUGGESTION- BUY AT 2764.82 TAKE PROFIT AT 2810.57 AND STOP AT 2705.80
     
  4. CSFX

    CSFX Member

    Joined:
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    Messages:
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    3
    TECHNICAL ANALYSIS REPORT TODAY – 08 JUNE 2021
    Asia Pacific stocks were mixed Tuesday morning. The Shanghai composite is down 0.88% at 3,567.70. Overall, the Singapore MSCI up 0.24% at 361.55. Over in Hong Kong, the Hang Seng Index down 0.38% to 28,635. In Japan, the Nikkei 225 up 0.03% at 29,040, while the Topix index is up 0.21% at 1964.0. South Korea’s Kospi down 0.11% to 3248.65. Australia S&P/ASX 200 up 0.19% at 7297.7.

    European equities Monday closing. The DAX futures contract in Germany traded 0.10% down at 15677.15, CAC 40 futures up 0.43% at 6543.57 and the UK 100 futures contract in the U.K. up 0.03% at 7,082.10.

    In U.S. on Wall Street, the Dow Jones Industrial Average closed flat at 34630.24 the S&P 500 down 0.08% to 4226.53 and the Nasdaq 100 up 0.06% at 13832.60, NYSE closes at 16685.14 down 0.14%.

    In the Forex market, GBPUSD down 0.13% at 1.41570. The USDJPY up 0.17% at 109.429. The USDCHF up 0.03% at 0.89768. EURUSD down 0.04% at 1.21840, EUR/GBP up 0.15% at 0.86052. The USD/CNY down 0.07% at 6.3918, at the time of writing.

    In the commodity market U.S. Gold futures down 0.10% at $1,896.36. Elsewhere, Silver futures down 0.30% to $27.788 per ounce, Platinum down 0.37% at $1170.21 per ounce, and Palladium up 0.12% to $2,838.50.

    Crude Oil down on Tuesday; Brent crude oil down 0.71% to $70.94 barrel while U.S. West Texas Intermediate (CLc1) is down 0.45% at $69.04.

    In the Cryptocurrency Markets, BTCUSD at 32844.99 down 2.22%, Ethereum at 2498.44 down 3.66%, Litecoin at 157.10 down 3.07%, at the time of writing.

    TOP STOCKS TO WATCH OUT TODAY:

    [​IMG]
    Top 5 Stock
    ETSY Inc. up 2.522% at $168.32, FACEBOOK up 1.886% at $336.58, DOCUSIGN Inc. up 3.314% to $240.97, SEAGEN Inc. up 3.85% to $154.01, MODERNA Inc. up 6.551% to $219.57, BAIDU Inc. down 2.109% at $188.92.

    Economic news:

    US: Several top U.S. Senate Republicans on Monday rejected Treasury Secretary Janet Yellen’s G7 deal to impose a global minimum corporate tax and allow more countries to tax big multinational firms, raising questions about the U.S. ability to implement a broader global agreement.

    The opposition from Republicans may push President Joe Biden to attempt to use budget procedures to pass the initiatives with only Democratic votes.

    It left lawyers and tax experts in Washington wondering whether it could get done without crafting a new international treaty, which requires approval by a two-thirds majority in the evenly split 100-member Senate.

    “It’s wrong for the United States,” Republican Senator John Barrasso said of the tax deal struck on Saturday by finance ministers from the G7 wealthy democracies.

    “I think it’s going to be anti-competitive, anti-U.S., harmful for us as we try to continue to grow the economy and certainly at a time when we’re coming out of a pandemic,” Barrasso, who chairs the Senate Republican Conference, told reporters at the U.S. Capitol.

    Eurozone: British Prime Minister Boris Johnson told French President Emmanuel Macron on Monday that the United Kingdom and the European Union need to find a solution to the so-called Northern Irish Brexit protocol.

    After the United Kingdom left the European Union’s orbit at the end of last year, checks were introduced on some goods moving from mainland Britain to Northern Ireland, which has a land border with EU member Ireland.

    The checks triggered anger and a perception among pro-British unionists in Northern Ireland that the Brexit deal divides them from the rest of the United Kingdom.

    Johnson, who had promised there would be unfettered trade between Northern Ireland and the rest of the United Kingdom, unilaterally extended a grace period on certain checks to minimise supply disruption, a move Brussels has said breached the Brexit divorce deal.

    “On the Northern Ireland protocol, the Prime Minister stressed that both the UK and the EU have a responsibility to find solutions to address the issues with the Protocol,” a spokesman for Johnson said after the call between the leaders.

    Important Data: EURO ZONE GDP (QoQ) (Q1) today at 5:00 this time estimated

    -0.6%, previously which was -0.6%. US Imports today at 8:30 previously which was 274.48B. US Trade Balance (Apr) today at 8:30 this time estimated -69B, previously which was -74.4B. CANADA Trade Balance (Apr) today at 8:30 this time estimated -0.7B, previously which was -1.14B.

    TECHNICAL SUMMARY

    GBPUSD

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    TRADE SUGGESTION- BUY AT 1.41548, TAKE PROFIT AT 1.41790 AND STOP LOSS AT 1.41369

    EURUSD

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    [​IMG]
    TRADE SUGGESTION- SELL AT 1.21773, TAKE PROFIT AT 1.21545 AND STOP LOSS AT 1.22011

    EURGBP

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    [​IMG]
    TRADE SUGGESTION- SELL AT 0.85992, TAKE PROFIT AT 0.85794 AND STOP LOSS AT 0.86109

    EURJPY

    [​IMG]
    [​IMG]
    TRADE SUGGESTION- SELL AT 133.234, TAKE PROFIT AT 133.105 AND STOP LOSS AT 133.383

    DJ EURO STOXX 50

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    [​IMG]
    TRADE SUGGESTION- BUY AT 4097 TAKE PROFIT AT 4104 AND STOP LOSS AT 4087

    WTI CRUDE OIL

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    [​IMG]
    TRADE SUGGESTION- BUY AT 68.76 TAKE PROFIT AT 68.97 AND STOP LOSS AT 68.52

    GOLD

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    [​IMG]
    TRADE SUGGESTION- BUY AT 1893.96, TAKE PROFIT AT 1902.17 AND STOP AT 1887.14

    BTCUSD

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    [​IMG]
    TRADE SUGGESTION- SELL AT 33112.00 TAKE PROFIT AT 32394.44 AND STOP AT 33300.13
     
  5. CSFX

    CSFX Member

    Joined:
    Mar 15, 2021
    Messages:
    52
    Likes Received:
    3
    TECHNICAL ANALYSIS REPORT TODAY – 09 JUNE 2021
    Asia Pacific stocks were mostly down Wednesday morning. The Shanghai composite is up 0.14% at 3,584.32. Overall, the Singapore MSCI down 0.48% at 359.20. Over in Hong Kong, the Hang Seng Index down 0.18% to 28,629. In Japan, the Nikkei 225 down 0.65% at 28,870, while the Topix index is down 0.48% at 1956.0. South Korea’s Kospi down 0.86% to 3220.04. Australia S&P/ASX 200 down 0.24% at 7275.4.

    European equities Tuesday closing. The DAX futures contract in Germany traded 0.23% down at 15640.60, CAC 40 futures up 0.11% at 6551.02 and the UK 100 futures contract in the U.K. down 0.29% at 7,082.10.

    In U.S. on Wall Street, the Dow Jones Industrial Average closed flat at 34599.83 the S&P 500 up 0.02% to 4227.25 and the Nasdaq 100 flat at 13813.00, NYSE closes at 16685.47 down 0.01%.

    In the Forex market, GBPUSD up 0.03% at 1.41555. The USDJPY flat at 109.405. The USDCHF down 0.03% at 0.89645. EURUSD up 0.06% at 1.21805, EUR/GBP up 0.12% at 0.86042. The USD/CNY down 0.10% at 6.3939, at the time of writing.

    In the commodity market U.S. Gold futures down 0.01% at $1,891.70. Elsewhere, Silver futures down 0.16% to $27.573per ounce, Platinum down 0.28% at $1158.73 per ounce, and Palladium down 0.30% to $2,800.50.

    Crude Oil up on Wednesday; Brent crude oil up 0.64% to $72.50 barrel while U.S. West Texas Intermediate (CLc1) is up 0.71% at $69.53.

    In the Cryptocurrency Markets, BTCUSD at 33758.02 up 1.10%, Ethereum at 2517.76 up 0.28%, Litecoin at 159.05 down 1.09%, at the time of writing.

    TOP STOCKS TO WATCH OUT TODAY:

    [​IMG]
    Top 5 Stock
    GAP Inc. up 2.871% at $32.25, EQUINIX Inc. up 2.717% at $816.66, DISCOVERY Inc. down 3.841% to $30.04, KLA Corp. down 1.491% to $313.8, SPLUNK Inc. up 1.227% to $117.11, MODERNA Inc. down 2.992% at $213.00.

    Economic news:

    US: The United States will target China with a new “strike force” to combat unfair trade practices, the Biden administration said on Tuesday, as it rolled out findings of a review of access to critical products, from semiconductors to electric-vehicle batteries.

    The “supply chain trade strike force,” led by the U.S. trade representative, is looking for specific violations that contributed to a hollowing out of supply chains that could be addressed with tariffs or other remedies, including toward China, White House senior director for international economics and competitiveness Peter Harrell told reporters.

    Officials also said the Department of Commerce is considering initiating a Section 232 investigation into the national security impact of neodymium magnet imports used in motors and other industrial applications, which the United States largely obtains from China.

    President Joe Biden ordered the review of critical supply chains in February, requiring executive agencies to report back within 100 days on risks to U.S. access to critical goods like those used in pharmaceuticals as well as rare earth minerals, for which the United States is dependent on overseas sources.

    Eurozone: Britain will tell the European Union on Wednesday time is running out to find solutions to ease post-Brexit trade with Northern Ireland, saying any further legal action by the bloc would not “make life any easier” for people in the province.

    Since completing its exit from the EU late last year, Britain’s relations with it have soured, with both sides accusing each other of acting in bad faith over part of their trade deal that covers goods movements to Northern Ireland.

    British Brexit minister David Frost will meet European Commission Vice President Maros Sefcovic in London to try to resolve the differences over the Northern Ireland protocol, but so far months of talks have done little to break the deadlock.

    Brussels accuses London of breaking the agreement by failing to implement checks on some goods moving from Britain to its province of Northern Ireland, and has started legal action over the British government’s unilateral extension of a grace period.

    London says it has no choice because some of the checks hamper supplies to Northern Irish supermarkets. It points to rising tensions among pro-British unionists in the province.

    Important Data: CANADA BoC Interest Rate Decision today at 10:00 this time estimated 0.25%, previously which was 0.25%. US Crude Oil Inventories today at 10:30 this time estimated -2.036M, previously which was -5.080B. UK RICS House Price Balance (May) today at 19:01 this time estimated 77%, previously which was 75%. AUSTRALIA HIA New Home Sales (MoM) today at 20:00 previously which was -54.4%.

    TECHNICAL SUMMARY

    GBPUSD

    [​IMG]
    [​IMG]
    TRADE SUGGESTION- BUY AT 1.41725, TAKE PROFIT AT 1.41955 AND STOP LOSS AT 1.41460

    EURUSD

    [​IMG]
    [​IMG]
    TRADE SUGGESTION- SELL AT 1.21747, TAKE PROFIT AT 1.21663 AND STOP LOSS AT 1.21895

    GBPJPY

    [​IMG]
    [​IMG]
    TRADE SUGGESTION- BUY AT 155.086, TAKE PROFIT AT 155.247 AND STOP LOSS AT 154.821

    CHFJPY

    [​IMG]
    [​IMG]
    TRADE SUGGESTION- BUY AT 121.984, TAKE PROFIT AT 122.211 AND STOP LOSS AT 121.871

    FTSE 100

    [​IMG]
    [​IMG]
    TRADE SUGGESTION- BUY AT 7097.5 TAKE PROFIT AT 7111.9 AND STOP LOSS AT 7089.8

    WTI CRUDE OIL

    [​IMG]
    [​IMG]
    TRADE SUGGESTION- BUY AT 70.33 TAKE PROFIT AT 71.86 AND STOP LOSS AT 69.42

    GOLD

    [​IMG]
    [​IMG]
    TRADE SUGGESTION- BUY AT 1891.76, TAKE PROFIT AT 1901.39 AND STOP AT 1885.92

    LITECOIN USD

    [​IMG]
    [​IMG]
    TRADE SUGGESTION- SELL AT 160.39 TAKE PROFIT AT 146.21 AND STOP AT 169.56
     
  6. CSFX

    CSFX Member

    Joined:
    Mar 15, 2021
    Messages:
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    TECHNICAL ANALYSIS REPORT TODAY – 10 JUNE 2021
    Asia Pacific stocks were up Thursday morning. The Shanghai composite is up 0.45% at 3,607.52. Overall, the Singapore MSCI up 0.38% at 360.00. Over in Hong Kong, the Hang Seng Index up 0.07% to 28,732. In Japan, the Nikkei 225 up 0.42% at 28,960, while the Topix index is up 0.08% at 1956.0. South Korea’s Kospi up 0.36% to 3227.93. Australia S&P/ASX 200 up 0.50% at 7306.4.

    European equities Wednesday closing. The DAX futures contract in Germany traded 0.38% down at 15581.14, CAC 40 futures up 0.19% at 6563.46 and the UK 100 futures contract in the U.K. up 0.23% at 7,097.30.

    In U.S. on Wall Street, the Dow Jones Industrial Average closed flat at 34447.15 the S&P 500 down 0.18% to 4219.54 and the Nasdaq 100 up 0.05% at 13819.10, NYSE closes at 16620.00 down 0.39%.

    In the Forex market, GBPUSD down 0.05% at 1.41053. The USDJPY down 0.03% at 109.558. The USDCHF up 0.05% at 0.89596. EURUSD down 0.11% at 1.21646, EUR/GBP down 0.06% at 0.86231. The USD/CNY down 0.05% at 6.3845, at the time of writing.

    In the commodity market U.S. Gold futures down 0.27% at $1,883.51. Elsewhere, Silver futures down 0.41% to $27.637 per ounce, Platinum down 0.93% at $1139.97 per ounce, and Palladium up 0.16% to $2,776.90.

    Crude Oil down on Thursday; Brent crude oil down 0.49% to $71.69 barrel while U.S. West Texas Intermediate (CLc1) is down 0.06% at $69.49.

    In the Cryptocurrency Markets, BTCUSD at 36677.06 down 1.93%, Ethereum at 2529.79 down 3.15%, Litecoin at 168.35 down 1.87%, at the time of writing.

    TOP STOCKS TO WATCH OUT TODAY:

    [​IMG]
    Top 5 Stock
    PFIZER Inc. up 2.471% at $39.81, BIOGEN Inc. up 2.926% at $406.94, FEDEX Corp. down 3.13% to $293.11, NETEASE Inc. down 2.57% to $110.32, NETFLIX Inc. down 1.336% to $485.81, APPLE Inc. up 0.308% at $127.13.

    Economic news:

    US: The number of Americans filing new claims for unemployment benefits likely fell last week to the lowest level in nearly 15 months, while consumer prices increased further in May as the pandemic’s easing grip on the economy continues to boost demand.

    The Labor Department is likely to report on Thursday that initial claims for state unemployment benefits totalled a seasonally adjusted 370,000 for the week ended June 5, compared to 385,000 in the prior week, according to a Reuters survey of economists.

    That would be the lowest since mid-March 2020 when the first wave of COVID-19 infections barrelled through the country, leading to closures of nonessential businesses, and mark the sixth straight weekly decline.

    Layoffs are abating, with employers scrambling for labour as millions of unemployed Americans remain at home because of trouble securing child care, generous unemployment benefits and lingering fears of the virus even though vaccines are now widely accessible.

    Eurozone: The European Central Bank is all but certain to maintain a generous flow of stimulus when policymakers meet on Thursday, fearing that higher borrowing costs could smother a still nascent recovery.

    Just emerging from a pandemic-induced double-dip recession, the 19-country euro zone economy has relied on unprecedented ECB stimulus to stay afloat. And even as growth surges with the easing of COVID-19 restrictions, policymakers appear keen to err on the side of caution.

    Recent comments from ECB President Christine Lagarde and board member Fabio Panetta suggest the June discussion effectively ended even before Thursday’s meeting, with a cut in bond purchases unlikely, even if policymakers acknowledge an improvement in growth prospects and the rapid pace of vaccinations.

    Panetta flatly rejected any reduction in emergency bond buys while Lagarde said it was “far too early” to discuss tapering the bank’s 1.85 trillion-euro Pandemic Emergency Purchases Programme (PEPP).

    Important Data: US Core CPI (MoM) (May) today at 8:30 this time estimated 0.4%, previously which was 0.9%. EURO ZONE ECB Interest Rate Decision (Jun) today at 7:45 this time estimated 0.0%, previously which was 0.0%. US Initial Jobless Claims today at 8:30 this time estimated 370K, previously which was 385K. JAPAN BSI Large Manufacturing Conditions (Q2) today at 19:50 previously which was 1.6.

    TECHNICAL SUMMARY

    GBPUSD

    [​IMG]
    [​IMG]
    TRADE SUGGESTION- SELL AT 1.41098, TAKE PROFIT AT 1.40956 AND STOP LOSS AT 1.41311

    EURUSD

    [​IMG]
    [​IMG]
    TRADE SUGGESTION- SELL AT 1.21652, TAKE PROFIT AT 1.21553 AND STOP LOSS AT 1.21792

    USDJPY

    [​IMG]
    [​IMG]
    TRADE SUGGESTION- BUY AT 109.459, TAKE PROFIT AT 109.678 AND STOP LOSS AT 109.303

    USDCHF

    [​IMG]
    [​IMG]
    TRADE SUGGESTION- SELL AT 0.8959, TAKE PROFIT AT 0.89517 AND STOP LOSS AT 0.8968

    CAC 40

    [​IMG]
    [​IMG]
    TRADE SUGGESTION- BUY AT 6550.1 TAKE PROFIT AT 6570.5 AND STOP LOSS AT 6538.4

    WTI CRUDE OIL

    [​IMG]
    [​IMG]
    TRADE SUGGESTION- BUY AT 69.57 TAKE PROFIT AT 69.76 AND STOP LOSS AT 69.41

    GOLD

    [​IMG]
    [​IMG]
    TRADE SUGGESTION- SELL AT 1879.80, TAKE PROFIT AT 1872.82 AND STOP AT 1884.18

    RIPPLE

    [​IMG]
    [​IMG]
    TRADE SUGGESTION- SELL AT 0.8879 TAKE PROFIT AT 0.8577 AND STOP AT 0.9476
     
  7. CSFX

    CSFX Member

    Joined:
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    Messages:
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    TECHNICAL ANALYSIS REPORT TODAY – 11 JUNE 2021
    Asia Pacific stocks were mixed Friday morning. The Shanghai composite is down 0.50% at 3,592.73. Overall, the Singapore MSCI down 0.08% at 360.05. Over in Hong Kong, the Hang Seng Index up 0.73% to 28,820. In Japan, the Nikkei 225 down 0.35% at 28,880, while the Topix index is down 0.49% at 1948.5. South Korea’s Kospi up 0.77% to 3249.32. Australia S&P/ASX 200 up 0.13% at 7312.3.

    European equities Thursday closing. The DAX futures contract in Germany traded 0.06% down at 15571.22, CAC 40 futures down 0.26% at 6546.50 and the UK 100 futures contract in the U.K. flat at 7,088.20.

    In U.S. on Wall Street, the Dow Jones Industrial Average closed up 0.02% at 34466.25 the S&P 500 up 0.47% to 4239.19 and the Nasdaq 100 down 0.04% at 13966.20, NYSE closes at 16651.42 up 0.19%.

    In the Forex market, GBPUSD down 0.03% at 1.41719. The USDJPY up 0.07% at 109.395. The USDCHF down 0.03% at 0.89407. EURUSD up 0.14% at 1.21837, EUR/GBP up 0.16% at 0.85969. The USD/CNY down 0.03% at 6.3897, at the time of writing.

    In the commodity market U.S. Gold futures up 0.16% at $1,901.44. Elsewhere, Silver futures up 0.93% to $28.233 per ounce, Platinum up 0.65% at $1155.94 per ounce, and Palladium up 0.27% to $2,780.00.

    Crude Oil up on Friday; Brent crude oil up 0.12% to $72.47 barrel while U.S. West Texas Intermediate (CLc1) is up 0.32% at $69.71.

    In the Cryptocurrency Markets, BTCUSD at 36736.68 up 0.08%, Ethereum at 2437.25 down 1.42%, Litecoin at 170.55 up 1.48%, at the time of writing.

    TOP STOCKS TO WATCH OUT TODAY:

    [​IMG]
    Top 5 Stock
    ADOBE Inc. up 4.049% at $535.52, CATERPILLAR Inc. down 3.801% at $225.73, ANSYS Inc. up 2.717% to $335.73, ZOOM VIDEO Comm. up 3.858% to $346.50, APPLE Inc. down 0.802% to $126.11, AMGEN Inc. up 2.138% at $244.64.

    Economic news:

    US: The Federal Reserve’s balance sheet topped $8 trillion for the first time, weekly data published on Thursday by the U.S. central bank on its holdings showed.

    At $8 trillion, the Fed’s stash of assets has roughly doubled since it kicked off large-scale purchases in March 2020 when the COVID-19 pandemic erupted and brought the economy to a near standstill.

    The report also showed the Fed appears to have sold around $160 million of its corporate debt holdings since Monday (NASDAQ:MNDY), following the announcement it would unwind its nearly $14 billion corporate credit portfolio. As a first step, the central bank began selling its stakes in 16 bond exchange-traded funds on Monday.

    The Fed’s credit facility was just one of many emergency measures launched last spring to shore up financial markets badly shaken by the coronavirus pandemic’s rapid spread. While the Fed’s backstop restored liquidity to the credit market, the facility was ultimately little used and the sale of its holdings is not expected to have serious effects on the market.

    Eurozone: Britain’s Prince Charles hosted a meeting of bosses from some of the world’s leading companies on Thursday, telling them business and private sector finance were essential to solving the climate crisis a day before their meeting with G7 leaders.

    Charles, 72, who has spent much of his life campaigning for business and governments to take notice of environmental issues, told the business chiefs that, working together with governments, “we can move … mountains”.

    “We do have, I think, a potentially game-changing opportunity to drive forward the partnerships between government, business and private sector finance that are absolutely vital if we are to win the battle to combat climate change and biodiversity loss,” Charles said.

    “Unless we can actually unlock private sector resource, innovation and finance, with the public sector setting a framework of incentives and regulation, we just don’t stand a chance of solving the existential crises we have engineered over the years.”

    TECHNICAL SUMMARY

    GBPUSD

    [​IMG]
    [​IMG]
    TRADE SUGGESTION- BUY AT 1.41564, TAKE PROFIT AT 1.41849 AND STOP LOSS AT 1.41461

    EURUSD

    [​IMG]
    [​IMG]
    TRADE SUGGESTION- SELL AT 1.21821, TAKE PROFIT AT 1.21592 AND STOP LOSS AT 1.22008

    EURGBP

    [​IMG]
    [​IMG]
    TRADE SUGGESTION- SELL AT 0.85956, TAKE PROFIT AT 0.85797 AND STOP LOSS AT 0.86102

    EURJPY

    [​IMG]
    [​IMG]
    TRADE SUGGESTION- SELL AT 133.232, TAKE PROFIT AT 133.091 AND STOP LOSS AT 133.380

    DJ EURO STOXX 50

    [​IMG]
    [​IMG]
    TRADE SUGGESTION- BUY AT 4102 TAKE PROFIT AT 4113 AND STOP LOSS AT 4097

    WTI CRUDE OIL

    [​IMG]
    [​IMG]
    TRADE SUGGESTION- BUY AT 70.33 TAKE PROFIT AT 70.58 AND STOP LOSS AT 70.09

    GOLD

    [​IMG]
    [​IMG]
    TRADE SUGGESTION- BUY AT 1900.12, TAKE PROFIT AT 1904.99 AND STOP AT 1895.78

    BTCUSD

    [​IMG]
    [​IMG]
    TRADE SUGGESTION- BUY AT 37026.34 TAKE PROFIT AT 37961.95 AND STOP AT 35788.65
     
  8. CSFX

    CSFX Member

    Joined:
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    Messages:
    52
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    TECHNICAL ANALYSIS REPORT TODAY – 14 JUNE 2021
    Asia Pacific stocks were mixed Monday morning. The Shanghai composite is down 0.58% at 3,589.74. Overall, the Singapore MSCI down 0.11% at 358.95. Over in Hong Kong, the Hang Seng Index down 0.31% to 28,717. In Japan, the Nikkei 225 up 0.66% at 29,070, while the Topix index is up 0.38% at 1956.0. South Korea’s Kospi up 0.02% to 3251.16. Australia S&P/ASX 200 up 0.13% at 7312.3.

    European equities Friday closing. The DAX futures contract in Germany traded 0.78% up at 15693.27, CAC 40 futures up 0.83% at 6600.67 and the UK 100 futures contract in the U.K. up 0.65% at 7,134.07.

    In U.S. on Wall Street, the Dow Jones Industrial Average closed up 0.06% at 34479.61 the S&P 500 up 0.19% to 4247.45 and the Nasdaq 100 up 0.21% at 14028.1, NYSE closes at 16694.93 up 0.26%.

    In the Forex market, GBPUSD flat at 1.41120. The USDJPY up 0.10% at 109.761. The USDCHF up 0.12% at 0.89884. EURUSD down 0.08% at 1.20985, EUR/GBP down 0.06% at 0.85737. The USD/CNY flat at 6.3967, at the time of writing.

    In the commodity market U.S. Gold futures down 0.73% at $1,862.94. Elsewhere, Silver futures down 0.17% to $27.830 per ounce, Platinum down 0.36% at $1146.01 per ounce, and Palladium down 0.24% to $2,769.24.

    Crude Oil up on Monday; Brent crude oil up 0.66% to $73.08 barrel while U.S. West Texas Intermediate (CLc1) is up 0.43% at $70.01.

    In the Cryptocurrency Markets, BTCUSD at 39137.07 up 0.35%, Ethereum at 2482.04 down 1.13%, Litecoin at 168.66 down 1.32%, at the time of writing.

    TOP STOCKS TO WATCH OUT TODAY:

    [​IMG]
    Top 5 Stock
    NASDAQ Inc. up 2.726% at $172.95, NVIDIA Corp. up 2.297% at $713.01, PFIZER Inc. down 1.303% to $40.15, CATERPILLAR Inc. down 2.228% to $220.70, DOCUSIGN Inc. up 4.085% to $253.01, OKTA Inc. up 1.918% at $226.38.

    Economic news:

    US: Western democracies are in a race to compete with autocratic governments, U.S. President Joe Biden said on Sunday.

    “We’re in a contest, not with China per se, … with autocrats, autocratic governments around the world, as to whether or not democracies can compete with them in a rapidly changing 21st century,” Biden told a news conference at the conclusion of a Group of Seven leaders’ summit in Britain.

    On China specifically, Biden said: “I think you’re gonna see just straightforward dealing with China.

    “As I’ve told Xi Jinping myself, I’m not looking for conflict. Where we cooperate, we’ll cooperate; where we disagree I’m going to state this frankly, and we are going to respond to actions that are inconsistent.”

    Eurozone: German Chancellor Angela Merkel on Sunday said she hoped that a new Group of Seven task force can present first infrastructure projects in developing countries in 2022.

    The world’s seven most advanced economies signalled during the summit a desire to build a rival to China’s multitrillion-dollar Belt and Road initiative.

    U.S. President Joe Biden and other G7 leaders hope their plan, known as the Build Back Better World (B3W) initiative, will help narrow the $40 trillion needed by developing nations by 2035, the White House said.

    It was not immediately clear how exactly the plan would work or how much capital it would ultimately allocate.

    The G7 had recognised that they had to deliver support for the development of poorer countries, Merkel said at a news conference.

    “For countries in need of development, only concrete projects count,” she said. “I hope that we will be able to present such projects already during the next G7 summit, which will be in Germany.”

    Germany will take over the G7 presidency from Britain next year.

    Important Data: EURO ZONE Industrial Production (MoM) (Apr) today at 5:00 this time estimated 0.4%, previously which was 0.1%. SWITZERLAND PPI (MoM) (May) today at 2:30 previously which was 0.7%. UK BoE Gov Bailey Speaks today at 9:00. CANADA Manufacturing Sales (MoM) (Apr) today at 8:30 this time estimated -1.0%, previously which was 3.5%.

    TECHNICAL SUMMARY

    GBPUSD

    [​IMG]
    [​IMG]
    TRADE SUGGESTION- SELL AT 1.41088, TAKE PROFIT AT 1.40884 AND STOP LOSS AT 1.41299

    EURUSD

    [​IMG]
    [​IMG]
    TRADE SUGGESTION- SELL AT 1.20958, TAKE PROFIT AT 1.20741 AND STOP LOSS AT 1.21216

    GBPJPY

    [​IMG]
    [​IMG]
    TRADE SUGGESTION- SELL AT 154.868, TAKE PROFIT AT 154.492 AND STOP LOSS AT 155.172

    CHFJPY

    [​IMG]
    [​IMG]
    TRADE SUGGESTION- BUY AT 122.075, TAKE PROFIT AT 122.211 AND STOP LOSS AT 122.000

    FTSE 100

    [​IMG]
    [​IMG]
    TRADE SUGGESTION- BUY AT 7149.6 TAKE PROFIT AT 7200 AND STOP LOSS AT 7082.0

    WTI CRUDE OIL

    [​IMG]
    [​IMG]
    TRADE SUGGESTION- BUY AT 71.20 TAKE PROFIT AT 72.24 AND STOP LOSS AT 70.32

    GOLD

    [​IMG]
    [​IMG]
    TRADE SUGGESTION- SELL AT 1863.79, TAKE PROFIT AT 1852.72 AND STOP AT 1872.23

    LITECOIN

    [​IMG]
    [​IMG]
    TRADE SUGGESTION- SELL AT 169.58 TAKE PROFIT AT 164.24 AND STOP AT 175.39
     
  9. CSFX

    CSFX Member

    Joined:
    Mar 15, 2021
    Messages:
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    TECHNICAL ANALYSIS REPORT TODAY – 15 JUNE 2021


    ASIAN MARKET:-

    Mainland Chinese stocks were down by the early morning. The Shanghai Composite was down by 0.92% to 3,556.86. Hong Kong’s Hang Seng Index was down about 0.71% to 28,638.75.

    Japan’s benchmark Nikkei average. Nikkei 225 is trading up 0.96 per cent at 29,441.63 on Friday while the Australian Index S&P / ASX 200 rose 0.92 percent to 7,379.71. South Korea’s Kospi was down by 0.20% to 3,258.98.

    EUROPEAN MARKET:-

    The FTSE MIB climbed down by 0.18% to 25,710.46. In the cash markets, the DAX futures Germany was trading 0.70% higher at 15,779.25. CAC 40 futures in France climbed up by 0.51% to 6,650.57, while the FTSE 100 futures in the U.K was up by 0.36% to 7,173.63 at the time of writing.

    US MARKET:-

    In the U.S. on Wall Street, the Dow Jones Industrial Average closed 0.25% down at 34,393.38 the S&P 500 was up 0.18% to 4,255.56 and the Nasdaq 100 was up 0.74% at 14,174.03.

    FOREX MARKET:-

    In the Forex market, GBPUSD was 0.25% down at 1.4078. The USDJPY was up 0.05% at 110.16. The USDCHF was down 0.16% at 0.8984. EURUSD was up 0.06% at 1.2125, EUR/GBP was up 0.32% at 0.8614, at the time of writing.

    COMMODITY MARKET;-

    In the commodity market, U.S. Gold futures rose 0.05% at $1,866.85. Elsewhere, Silver futures fell 0.92% to $27.782 per ounce, Platinum fell 0.69% at $1,156.05 per ounce, and Palladium was down 0.14% at $2,760.50.

    Brent crude oil was up 0.40% to $73.17 a barrel while U.S. West Texas Intermediate (CLc1) rose 0.39% at $71.12.

    CRYPTO-CURRENCY MARKET:-

    In the Cryptocurrency Markets, BTCUSD rose 2.63% at $40,124.9 , Ethereum at 2,591.28 up by 4.84%, Litecoin at 177.582 up 6.57%, at the time of writing.

    TOP STOCKS TO WATCH OUT TODAY:

    [​IMG]
    AstraZeneca down 0.02% at 58.76. Apple Inc. up 2.46% at $130.48 , Amazon.com up 1.11% at $ 3,383.49, TESLA Inc up 1.28% at $ 617.78, Unilever up 1.06% at 4,340.830, Microsoft up 0.78% at $259.18 , Barclays down 0.89% at 177.80.

    Economic news:

    USA MARKET

    [​IMG]
    U.S. Senate Republicans are due to hear details on Tuesday about a bipartisan proposal to revitalize America’s roads and bridges, which lawmakers believe could win support from the caucus as a part of President Joe Biden’s sweeping infrastructure plan.

    Members of a bipartisan Senate group will discuss the proposal with Republican senators at their weekly policy lunch, Republican lawmakers and aides said on Monday evening.

    “We’ll be discussing it,” Senator Bill Cassidy, a member of the group, told reporters. “It won’t be a formal sort of ‘OK – now we need your vote.’ It’ll be more kind of ‘OK – here’s more information for you.'”

    The bloc of Senate moderates, five Republicans and five Democrats, said last Thursday that it had reached an agreement after negotiations between Republican Senator Shelley Moore Capito and Biden broke down.

    It proposes to spend $974 billion over five years, or $1.2 trillion over eight years, a source familiar with the package said. That is below Biden’s current $1.7 trillion proposal and it is unclear whether it can gather enough support to pass the 50-50 Senate.

    Senator John Thune, the chamber’s No. 2 Republican, told reporters that he expects Republican support for the proposal.

    “I don’t know how many Democrats they can get for something like what they’re talking about. But I think there would be substantial Republican support,” he said. “It’s good work.”

    Senator Dick Durbin, the chamber’s No. 2 Democrat, said he had urged senators to “get this moving.” He said any bipartisan deal, as well a separate measure Democrats are eyeing to try to pass their remaining infrastructure priorities without Republican support, would need to get in shape by the end of June because of a tight floor schedule.

    Biden has set his sights on infrastructure legislation that would both revamp the nation’s roads and bridges as well as boost spending on services including healthcare and childcare – although Republicans reject the idea that those latter priorities even qualify for the label “infrastructure.”

    EUROZONE:-

    [​IMG]
    The European Union on Monday began selling the first bond backing its recovery fund, according to a lead manager, a crucial step in financing members states’ economic recovery from the coronavirus pandemic.

    The sale of the 10-year bond is the start of up to 800 billion euros of debt issuance between now and 2026 that will back grants and loans to member states – an unprecedented act of fiscal solidarity on the EU’s part that may transform it into a leading European borrower.

    The sale should be completed on Tuesday, EU Budget and Administration Commissioner Johannes Hahn said.

    It will build on 90 billion euros of EU issuance backing the SURE unemployment scheme, another support programme, since last October, which had already given the EU a significant presence in the 27-member bloc’s debt markets.

    The recovery fund debt, given its much larger scale than SURE, is expected to boost the liquidity of the EU’s debt and see continued interest from investors keen to buy scarce Triple A rated debt, which also offers a yield pick-up over the bloc’s benchmark issuer Germany.

    Initial price thoughts on the deal are around 1 basis point above the mid-swap level as the EU collects indications of interest from investors, according to a lead manager memo seen by Reuters. That is equivalent to a yield of about 0.10% according to Reuters calculations.

    The bond will raise 10 billion euros, France’s junior minister for European affairs said on May 31.

    The EU has said it expects to issue 80 billion euros of long-term debt this year.

    After the inaugural deal, the EU will sell two more bonds via syndication – where a borrower hires banks to sell the debt directly to end investors – by the end of July.

    TECHNICAL SUMMARY

    GBP/USD:-

    [​IMG]
    [​IMG]
    TRADE SUGGESTION- SELL AT 1.40780, TAKE PROFIT AT 1.40380AND STOP LOSS AT 1.40980

    USD/JPY:-

    [​IMG]
    [​IMG]
    TRADE SUGGESTION- BUY AT 110.025, TAKE PROFIT AT 116.025 AND STOP LOSS AT 107.025

    DOW JONES:-

    [​IMG]
    [​IMG]
    TRADE SUGGESTION- SELL AT 34,390.50, TAKE PROFIT AT 34,190.50 AND STOP LOSS AT 34,490.50.

    CRUDE OIL {WTI}:-

    [​IMG]
    [​IMG]
    TRADE SUGGESTION- BUY AT 70.60, TAKE PROFIT AT 80.60 AND STOP LOSS AT 65.60

    ETHEREUM:-

    [​IMG]
    [​IMG]
    TRADE SUGGESTION- BUY AT 2,580.50, TAKE PROFIT AT 2,780.50 AND STOP LOSS 2,480.50 .
     
  10. CSFX

    CSFX Member

    Joined:
    Mar 15, 2021
    Messages:
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    TECHNICAL ANALYSIS REPORT TODAY – 16 JUNE 2021


    Asian shares retreated slightly on Wednesday. The Shanghai composite is down 0.92% at 3,523.70. Overall, the Singapore MSCI down 1.03% at 358.80. Over in Hong Kong, the Hang Seng Index down 0.22% to 28,450. In Japan, the Nikkei 225 down 0.54% at 29,250, while the Topix index is up 0.08% at 1972.5. South Korea’s Kospi up 0.62% to 3278.98. Australia S&P/ASX 200 up 0.12% at 7388.3.

    European equities Tuesday closing. The DAX futures contract in Germany traded 0.36% up at 15729.52, CAC 40 futures up 0.35% at 6639.53 and the UK 100 futures contract in the U.K. up 0.36% at 7,172.49.

    In U.S. on Wall Street, the Dow Jones Industrial Average closed down 0.27% at 34299.34 the S&P 500 down 0.20% to 4246.58 and the Nasdaq 100 up 0.01% at 14054.6, NYSE closes at 16655.81 down 0.04%.

    In the Forex market, GBPUSD up 0.06% at 1.40896. The USDJPY up 0.10% at 110.118. The USDCHF up 0.15% at 0.89888. EURUSD down 0.01% at 1.21251, EUR/GBP down 0.04% at 0.86043. The USD/CNY down 0.08% at 6.4004, at the time of writing.

    In the commodity market U.S. Gold futures up 0.09% at $1,861.02. Elsewhere, Silver futures up 0.38% to $27.742 per ounce, Platinum down 0.32% at $1148.30 per ounce, and Palladium down 0.14% to $2,760.50.

    Crude Oil up on Wednesday; Brent crude oil up 0.42% to $74.53 barrel while U.S. West Texas Intermediate (CLc1) is up 0.70% at $70.48.

    In the Cryptocurrency Markets, BTCUSD at 40426.49 up 0.62%, Ethereum at 2532.48 down 0.48%, Litecoin at 174.95 down 0.19%, at the time of writing.

    TOP STOCKS TO WATCH OUT TODAY:

    GARTNER Inc. up 2.256% at $234.80, NOV Inc. up 4.164% at $17.51, EXXON MOBIL Corp. up 3.641% to $64.33, TESLA Inc. down 2.968% to $599.36, ETSY Inc. down 2.49% to $166.06, BIOGEN Inc. down 2.477% at $396.08.

    Economic news:

    US: Jared Kushner, son-in-law of former U.S. President Donald Trump and a senior adviser in his administration, has reached a deal to write a book billed by his publisher as the “definitive” recounting of Trump’s presidency.

    The book will be released early next year, according to publisher Broadside Books, an imprint of HarperCollins Publishers specializing in conservative authors.

    Broadside did not make financial terms of the agreement public.

    “Jared Kushner was the most consequential adviser throughout President Trump’s presidency, and as a senior adviser, he played a central role in the administration’s most significant accomplishments – including the Abraham Accords, Criminal Justice Reform, Operation Warp Speed, and USMCA,” Broadside said in announcing the deal.

    “His book will be the definitive, thorough recounting of the administration and the truth about what happened behind closed doors,” the publisher said.

    Eurozone: British consumer price inflation jumped to 2.1% in May, above the Bank of England’s 2.0% target and its highest since July 2019, official figures showed on Wednesday.

    The acceleration of price growth from April’s 1.5% was driven in large part by the comparison effect with May 2020 when the country was in its first tight lockdown, especially for clothing, motor fuel, games and take-away food.

    A Reuters poll of economists had pointed to a rise in inflation to 1.8%.

    Core inflation, which excludes the price of food, energy and other volatile items, rose to 2.0% in the 12 months to May, the Office for National Statistics said.

    Investors around the world are trying to gauge the risks of a sustained jump in inflation, especially in the United States where annual inflation hit 5.0% in May, the highest in almost 13 years.

    The BoE has said it expects inflation to hit 2.5% by the end of this year as the economy reopens after its coronavirus lockdowns and as global oil prices rise.

    Important Data: US Building Permits (May) today at 8:30 this time estimated 1.73M, previously which was 1.733M. CANADA Core CPI (MoM) (May) today at 8:30 this time estimated 0.4%, previously which was 0.5%.NZD GDP (QoQ) (Q1) today at 18:45 this time estimated 0.5%, previously which was -1.0%. AUSTRALIA Employment Change (May) today at 21:30 this time estimated 30.0K, previously which was -30.6K.

    TECHNICAL SUMMARY

    GBPUSD

    [​IMG]
    [​IMG]
    TRADE SUGGESTION- SELL AT 1.411, TAKE PROFIT AT 1.40955 AND STOP LOSS AT 1.41304

    EURUSD

    [​IMG]
    [​IMG]
    TRADE SUGGESTION- SELL AT 1.21234, TAKE PROFIT AT 1.20965 AND STOP LOSS AT 1.21377

    USDJPY

    [​IMG]
    [​IMG]
    TRADE SUGGESTION- BUY AT 110.018, TAKE PROFIT AT 110.132 AND STOP LOSS AT 109.926

    USDCHF

    [​IMG]
    [​IMG]
    TRADE SUGGESTION- BUY AT 0.89847, TAKE PROFIT AT 0.90 AND STOP LOSS AT 0.89677

    NASDAQ 100

    [​IMG]
    [​IMG]
    TRADE SUGGESTION- BUY AT 14054.24 TAKE PROFIT AT 14154.63 AND STOP LOSS AT 13957.37

    WTI CRUDE OIL

    [​IMG]
    [​IMG]
    TRADE SUGGESTION- BUY AT 72.42 TAKE PROFIT AT 72.63 AND STOP LOSS AT 72.35

    GOLD

    [​IMG]
    [​IMG]
    TRADE SUGGESTION- SELL AT 1857.93, TAKE PROFIT AT 1851.41 AND STOP AT 1864.87

    BTCUSD

    [​IMG]
    [​IMG]
    TRADE SUGGESTION- BUY AT 40211.80 TAKE PROFIT AT 40562.48 AND STOP AT 40101.45
     

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