JamesThatcher and CSFX thread

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

  1. CSFX

    CSFX Member

    Joined:
    Mar 15, 2021
    Messages:
    105
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    3
    TECHNICAL ANALYSIS REPORT TODAY – 13 SEPTEMBER 2021
    Asia Pacific stocks were mostly down on Monday morning. The Shanghai composite is up 0.28% at 3,713.35. Overall, the Singapore MSCI down 1.12% at 352.15. Over in Hong Kong, the Hang Seng Index down 2.03% at 25,610. In Japan, the Nikkei 225 up 0.46% at 30,300, while the Topix index is up 0.48% at 2083.0. South Korea’s Kospi up 0.06% to 3127.40. Australia S&P/ASX 200 up 0.15% at 7417.8.

    European equities Friday closing. The DAX futures contract in Germany traded down 0.09% at 15609.81, CAC 40 futures down 0.31% at 6663.78 and the UK 100 futures contract in the U.K. up 0.07% at 7,029.21.

    In U.S. on Wall Street, the Dow Jones Industrial Average closed down 0.78% at 34607.73. The S&P 500 down 0.77% at 4458.57 and the Nasdaq 100 up 0.21% at 15482.2, NYSE closes at 16563.47 down 0.60%.

    In the Forex market, GBPUSD down 0.04% at 1.38198. The USDJPY up 0.21% at 110.105. The USDCHF up 0.27% at 0.9197. EURUSD down 0.19% at 1.17857, EUR/GBP down 0.09% at 0.8528. The USD/CNY up 0.14% at 6.4541 at the time of writing.

    In the commodity market U.S. Gold futures up 0.19% at $1,790.63. Elsewhere, Silver futures down 0.16% to $23.711 per ounce, Platinum up 0.31% at $958.48 per ounce, and Palladium down 0.04% at $2,137.68.

    Crude Oil up on Monday; Brent crude oil up 0.99% at $73.58 per barrel while U.S. West Texas Intermediate (CLc1) is up 1.20% at $69.71.

    In the Cryptocurrency Markets, BTCUSD at 44819.60 down 2.67%, Ethereum down 3.72% at 3279.02, Litecoin at 176.83 down 3.39%, at the time of writing.

    TOP STOCKS TO WATCH OUT TODAY:

    Nov Inc. up 2.909% at $13.09, General Motors Co. up 2.21% at $49.49, KLA Corp. up 3.29% to $347.83, Biogen Inc. down 6.655% to $300.15, Zoom Video Comm. up 1.906% to $301.50, NVIDIA Corp. up 1.357% at $224.78.

    Economic news:

    US: U.S. Senator Joe Manchin on Sunday said lawmakers were unlikely to pass their massive budget package by Democrats’ Sept. 27 deadline, adding that he could support a smaller $1.5 trillion bill.

    Manchin, a West Virginia moderate who has urged a “pause” on fellow Democrat U.S. President Joe Biden’s $3.5 trillion domestic spending plan, said while he supported some provisions such as universal preschool, he did not back clean energy and other measures.

    The plan would also have to include a “competitive tax code” to help pay for it, he told CNN, adding he could support a domestic spending bill costing between $1 trillion and $1.5 trillion.

    House Speaker Nancy Pelosi had agreed to hold a Sept. 27 vote on a separate bipartisan $1 trillion infrastructure bill. While Biden and Pelosi had hoped to pass both bills together, centrist House Democrats had objected and pressed for a vote on funding for roads and other projects first.

    Eurozone: British businesses demanded that finance minister Rishi Sunak stop raising their taxes and instead offer more help to meet the challenges of Brexit, COVID-19 and climate change when he makes major budget statements next month.

    The Confederation of British Industry urged Sunak to “flip business taxation on its head” when he sets out new tax proposals and a three-year spending plan on Oct. 27.

    “The lack of detail and pace from the government on some of the big economic choices we must make as a country are the biggest concerns for business,” CBI Director General Tony Danker said in excerpts of a speech to be delivered later on Monday.

    Danker told Sunak to stop hitting companies that invest in making their premises less carbon-intensive with increased property tax payments, a quirk of the business rates system.

    He also said more needed to be done to boost skills training, speed up the development of new infrastructure projects such as Britain’s delayed high-speed railway and rewrite market rules to attract more private investment.

    Important Data: US Federal Budget Balance (Aug) today at 14:00 this time estimated -173B, previously which was -302B. AUSTRALIA House Price Index (QoQ) (Q2) today at 21:30 this time estimated 6.1%, previously which was 5.4%. AUSTRALIA NAB Business Confidence (Aug) today at 21:30 previously which was -8.0. EURO ZONE ECB President Lagarde Speaks today at 9:30.

    TECHNICAL SUMMARY

    GBPUSD

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    TRADE SUGGESTION- BUY AT 1.37987, TAKE PROFIT AT 1.38248 AND STOP LOSS AT 1.37805

    EURUSD

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    TRADE SUGGESTION- SELL AT 1.17781, TAKE PROFIT AT 1.17609 AND STOP LOSS AT 1.18013

    GBPJPY

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    TRADE SUGGESTION- BUY AT 151.998, TAKE PROFIT AT 152.256 AND STOP LOSS AT 151.753

    CHFJPY

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    TRADE SUGGESTION- SELL AT 119.548, TAKE PROFIT AT 119.337 AND STOP LOSS AT 119.806

    DAX 30

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    TRADE SUGGESTION- SELL AT 15716.00 TAKE PROFIT AT 15654.1 AND STOP LOSS AT 15757.1

    WTI CRUDE OIL

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    TRADE SUGGESTION- BUY AT 70.22 TAKE PROFIT AT 70.72 AND STOP LOSS AT 69.76

    GOLD

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    TRADE SUGGESTION- SELL AT 1789.44, TAKE PROFIT AT 1781.82 AND STOP AT 1794.30

    BTCUSD

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    TRADE SUGGESTION- SELL AT 44382.14 TAKE PROFIT AT 43705.70 AND STOP AT 45301.20
     
  2. CSFX

    CSFX Member

    Joined:
    Mar 15, 2021
    Messages:
    105
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    TECHNICAL ANALYSIS REPORT TODAY – 14 SEPTEMBER 2021
    Asia Pacific stocks were mostly down on Tuesday morning. The Shanghai composite is down 1.35% at 3,664.57. Overall, the Singapore MSCI up 0.48% at 353.75. Over in Hong Kong, the Hang Seng Index down 1.61% at 25,368. In Japan, the Nikkei 225 up 0.23% at 30,400, while the Topix index is up 0.62% at 2099.0. South Korea’s Kospi up 0.67% to 3148.83. Australia S&P/ASX 200 up 0.16% at 7437.3.

    European equities Monday closing. The DAX futures contract in Germany traded up 0.59% at 15701.42, CAC 40 futures up 0.20% at 6676.94 and the UK 100 futures contract in the U.K. down 0.15% at 7,055.30.

    In U.S. on Wall Street, the Dow Jones Industrial Average closed up 0.76% at 34869.64. The S&P 500 up 0.23% at 4468.72 and the Nasdaq 100 down 0.04% at 15434.50, NYSE closes at 16635.38 up 0.43%.

    In the Forex market, GBPUSD up 0.12% at 1.38545. The USDJPY up 0.09% at 110.038. The USDCHF flat at at 0.9210. EURUSD up 0.05% at 1.18161, EUR/GBP flat at 0.8529. The USD/CNY down 0.07% at 6.4470 at the time of writing.

    In the commodity market U.S. Gold futures down 0.03% at $1,792.71. Elsewhere, Silver futures down 0.13% to $23.70 per ounce, Platinum down 0.62% at $959.80 per ounce, and Palladium down 0.86% at $2,068.00.

    Crude Oil up on Tuesday; Brent crude oil up 0.45% at $73.96 per barrel while U.S. West Texas Intermediate (CLc1) is up 0.49% at $70.05.

    In the Cryptocurrency Markets, BTCUSD at 45859.11 up 2.02%, Ethereum up 1.67% at 3336.51, Litecoin at 179.93 up 0.44%, at the time of writing.

    TOP STOCKS TO WATCH OUT TODAY:

    Marathon Oil Corp. up 7.187% at $12.08, Hess Corp. up 5.342% at $71.39, Moderna Inc. down 6.6% to $419.72, Intel Corp. up 2.136% to $54.99, Microchip Technology Inc. up 2.045% to $160.70, DocuSign Inc. down 2.14% at $271.22.

    Economic news:

    US: Leading Democrats in the U.S. House of Representatives on Monday proposed a substantial roll-back of former President Donald Trump’s tax cuts, including raising the top tax rate on corporations to 26.5% from the current 21%.

    Democrats on the powerful House Ways and Means Committee said they will debate legislation this week that would achieve the changes as part of their broader, $3.5 trillion domestic investment plan.

    In an attempt to finance the new spending, the Democratic-led committee will debate a proposal to raise $2.9 trillion in revenue over 10 years, according to a document circulated among members of the panel.

    Besides increasing corporate taxes, wealthy individuals would see a jump in their income taxes as well as higher capital gains and estate taxes.

    Even if the legislation as proposed passes Congress and is signed by Democratic President Joe Biden, corporate taxes would still be lower than they were before the enactment of the tax cuts pushed through by Republicans in 2017. But the top individual income tax rate would revert to its pre-2017 level.

    Eurozone: British firms must do more to take advantage of new export routes opened up by Brexit, trade minister Liz Truss will say on Tuesday, calling for a shift from “defence to offence in trade” to help drive economic growth.

    Truss will point to government research showing Britain’s comparative economic advantage – what Britain can do better and more efficiently than its peers – lies in providing digital and financial services to fast-growing Asian economies.

    “The path to economic revival does not lie in retreating and retrenching but in free trade and free enterprise,” she will say in a speech, according to advance extracts.

    “British employers can only benefit from free trade by selling their products, innovation, capital, and ideas overseas.”

    Important Data: US Core CPI (MoM) (Aug) today at 8:30 this time estimated 0.3%, previously which was 0.3%. CANADA Manufacturing Sales (MoM) (Jul) today at 8:30 this time estimated -1.2%, previously which was 2.1%. CHINA Industrial Production (YoY) (Aug) today at 22:00 this time estimated 5.8%, previously which was 6.4%. AUSTRALIA Westpac Consumer Sentiment (Sep) today at 20:30 previously which was -4.4%.

    TECHNICAL SUMMARY

    GBPUSD

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    TRADE SUGGESTION- BUY AT 1.38662, TAKE PROFIT AT 1.38914 AND STOP LOSS AT 1.38439

    EURUSD

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    TRADE SUGGESTION- SELL AT 1.1823, TAKE PROFIT AT 1.1796 AND STOP LOSS AT 1.1839

    USDJPY

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    TRADE SUGGESTION- BUY AT 109.964, TAKE PROFIT AT 110.128 AND STOP LOSS AT 109.860

    USDCHF

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    TRADE SUGGESTION- BUY AT 0.9211, TAKE PROFIT AT 0.9232 AND STOP LOSS AT 0.9200

    FTSE 100

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    TRADE SUGGESTION- SELL AT 7045.20 TAKE PROFIT AT 7016.6 AND STOP LOSS AT 7063.9

    WTI CRUDE OIL

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    TRADE SUGGESTION- BUY AT 71.05 TAKE PROFIT AT 71.98 AND STOP LOSS AT 70.47

    GOLD

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    TRADE SUGGESTION- SELL AT 1788.83, TAKE PROFIT AT 1779.81 AND STOP AT 1797.70

    ETHEREUM

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    TRADE SUGGESTION- SELL AT 3311.67 TAKE PROFIT AT 3212.61 AND STOP AT 3374.93
     
  3. CSFX

    CSFX Member

    Joined:
    Mar 15, 2021
    Messages:
    105
    Likes Received:
    3
    TECHNICAL ANALYSIS REPORT TODAY – 15 SEPTEMBER 2021
    Asia Pacific stocks were down on Wednesday morning. The Shanghai composite is down 0.55% at 3,642.57. Overall, the Singapore MSCI down 0.58% at 352.05. Over in Hong Kong, the Hang Seng Index down 1.54% at 25,055. In Japan, the Nikkei 225 down 0.16% at 30,350, while the Topix index is down 0.79% at 2082.5. South Korea’s Kospi up 0.15% to 3153.40. Australia S&P/ASX 200 down 0.27% at 7417.0.

    European equities Tuesday closing. The DAX futures contract in Germany traded up 0.14% at 15722.99, CAC 40 futures down 0.36% at 6652.98 and the UK 100 futures contract in the U.K. up 0.01% at 7,024.30.

    In U.S. on Wall Street, the Dow Jones Industrial Average closed down 0.84% at 34577.58. The S&P 500 down 0.57% at 4443.05 and the Nasdaq 100 up 0.11% at 15422.30, NYSE closes at 16497.23 down 0.83%.

    In the Forex market, GBPUSD up 0.15% at 1.38229. The USDJPY down 0.17% at 109.502. The USDCHF down 0.06% at 0.9195. EURUSD up 0.03% at 1.18057, EUR/GBP down 0.05% at 0.85393. The USD/CNY up 0.01% at 6.4385 at the time of writing.

    In the commodity market U.S. Gold futures down 0.08% at $1,802.64. Elsewhere, Silver futures down 0.50% to $23.72 per ounce, Platinum down 1.01% at $931.26 per ounce, and Palladium down 0.42% at $1,968.16.

    Crude Oil up on Wednesday; Brent crude oil up 0.24% at $74.10 per barrel while U.S. West Texas Intermediate (CLc1) is up 0.01% at $70.06.

    In the Cryptocurrency Markets, BTCUSD at 46946.31 down 0.33%, Ethereum down 1.52% at 3384.45, Litecoin at 181.20 down 0.99%, at the time of writing.

    TOP STOCKS TO WATCH OUT TODAY:

    Moderna Inc. up 1.904% at $427.71, Marriott International Inc. up 1.686% at $142.34, MSCI Inc. up 1.558% to $653.27, Comcast Corp. down 7.304% to $55.59, JD.Com Inc. down 2.832% to $77.9, Fiserv Inc. down 2.435% at $107.39.

    Economic news:

    US: The U.S. House Energy and Commerce Committee voted on Tuesday to give the Federal Trade Commission $1 billion to set up a bureau dedicated to improving data security and privacy and fighting identity theft.

    The proposal, which Democrats included in a $3.5 trillion spending measure, would fund a new bureau over 10 years to address “unfair or deceptive acts or practices relating to privacy, data security, identity theft, data abuses, and related matters,” according to a summary released by the panel.

    The committee began work on the wide-ranging spending proposal on Monday and was continuing to work on Tuesday evening.

    The FTC, which enforces antitrust law, has picked up the job of pushing corporations to better protect consumer data and privacy as it enforces rules against deceptive practices.

    Eurozone: British inflation hit a more than nine-year high last month after the biggest monthly jump in the annual rate in at least 24 years, largely due to a one-off boost reflecting the “Eat Out to Help Out” scheme that pushed down restaurant meal prices last year.

    Consumer prices rose by 3.2% in annual terms last month after a 2.0% rise in July, the highest rate since March 2012, the Office for National Statistics said.

    The 1.2 percentage point rise in the annual rate of inflation in the space of a month marked the sharpest such increase since detailed records started in 1997.

    A Reuters poll of economists had pointed to a reading of 2.9% for August.

    “Much of this (increase) is likely to be temporary as last year restaurant and café prices fell substantially due to the ‘Eat Out to Help Out’ scheme, while this year prices rose,” said ONS statistician Jonathan Athow.

    Important Data: EURO ZONE Industrial Production (MoM) (Jul) today at 8:30 this time estimated 0.6%, previously which was -0.3%. CANADA Core CPI (MoM) (Aug) today at 8:30 previously which was 0.6%. US Crude Oil Inventories today at 10:30 this time estimated -3.544M, previously which was -1.529M. US Cushing Crude Oil Inventories today at 10:30 previously which was 1.918M.

    TECHNICAL SUMMARY

    GBPUSD

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    TRADE SUGGESTION- BUY AT 1.38318, TAKE PROFIT AT 1.38568 AND STOP LOSS AT 1.38135

    EURUSD

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    TRADE SUGGESTION- BUY AT 1.1810, TAKE PROFIT AT 1.1842 AND STOP LOSS AT 1.1795

    EURGBP

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    TRADE SUGGESTION- SELL AT 0.85365, TAKE PROFIT AT 0.85276 AND STOP LOSS AT 0.85483

    EURJPY

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    TRADE SUGGESTION- SELL AT 129.311, TAKE PROFIT AT 129.129 AND STOP LOSS AT 129.546

    CAC 40

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    TRADE SUGGESTION- SELL AT 6635.3 TAKE PROFIT AT 6614.8 AND STOP LOSS AT 6655.7

    WTI CRUDE OIL

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    TRADE SUGGESTION- BUY AT 71.11 TAKE PROFIT AT 71.90 AND STOP LOSS AT 70.54

    GOLD

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    TRADE SUGGESTION- BUY AT 1801.24, TAKE PROFIT AT 1808.52 AND STOP AT 1794.46

    BTCUSD

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    TRADE SUGGESTION- BUY AT 46993.57 TAKE PROFIT AT 48022.51 AND STOP AT 45973.39
     
  4. CSFX

    CSFX Member

    Joined:
    Mar 15, 2021
    Messages:
    105
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    3
    TECHNICAL ANALYSIS REPORT TODAY – 17 SEPTEMBER 2021
    Asia Pacific stocks were mixed on Friday morning. The Shanghai composite is down 0.40% at 3,592.82. Overall, the Singapore MSCI up 0.08% at 354.50. Over in Hong Kong, the Hang Seng Index up 0.59% at 24,790. In Japan, the Nikkei 225 up 0.36% at 30,310, while the Topix index is up 0.02% at 2080.5. South Korea’s Kospi up 0.14% to 3134.71. Australia S&P/ASX 200 down 0.78% at 7403.0.

    European equities Thursday closing. The DAX futures contract in Germany traded up 0.23% at 15651.75, CAC 40 futures up 0.59% at 6622.60 and the UK 100 futures contract in the U.K. up 0.16% at 7,027.49.

    In U.S. on Wall Street, the Dow Jones Industrial Average closed down 0.18% at 34751.33. The S&P 500 down 0.15% at 4473.76 and the Nasdaq 100 up 0.12% at 15535.6, NYSE closes at 16576.77 down 0.30%.

    In the Forex market, GBPUSD up 0.12% at 1.38057. The USDJPY up 0.17% at 109.899. The USDCHF down 0.07% at 0.9268. EURUSD up 0.02% at 1.17683, EUR/GBP down 0.03% at 0.85236. The USD/CNY down 0.13% at 6.4494 at the time of writing.

    In the commodity market U.S. Gold futures up 0.50% at $1,762.45. Elsewhere, Silver futures up 0.24% to $22.94 per ounce, Platinum up 1.39% at $943.37 per ounce, and Palladium down 1.38% at $2004.50.

    Crude Oil mix on Friday; Brent crude oil down 0.16% at $75.49 per barrel while U.S. West Texas Intermediate (CLc1) is flat at $70.87.

    In the Cryptocurrency Markets, BTCUSD at 48083.79 up 0.68%, Ethereum down 0.21% at 3563.63, Litecoin at 186.54 up 0.53%, at the time of writing.

    TOP STOCKS TO WATCH OUT TODAY:

    ETSY Inc. up 3.095% at $224.15, Dexcom Inc. up 2.44% at $565.13, A O Smith Corp. down 2.629% to $66.66, Moderna Inc. up 1.425% to $440.65, Baidu Inc. down 1.342% to $159.56, Exelon Corp. down 1.318% at $50.18.

    Economic news:

    US: When night fell, a clerk at a bustling 24-hour MotoMart flipped a switch from behind the counter.

    Electromagnetic locks sealed the doorway. A window sign, now illuminated in red, warned “facial recognition technology in use” and directed customers to “look up at the camera.”

    On this recent weeknight, a woman who wanted cigarettes was locked out. Confused at first, she quickly realized that she needed to remove her medical mask. After her unobstructed facial image was scanned into a store computer, then screened against the company’s photo archives of previous customers convicted of store-related crimes, the doors clicked open.

    Just a few miles away, across the Missouri state line in Illinois, such screening is against the law under the toughest privacy laws in the country. Private companies must obtain written consent before stockpiling facial images or any biometric identifier – fingerprints, palms, eyes and voice.

    Eurozone: European Central Bank (ECB) chief economist Philip Lane revealed in a private meeting with German economists that the ECB expects to hit its 2% inflation goal by 2025, the Financial Times said on Thursday in a report that was partly disputed by the bank.

    The ECB had not made this long-term forecast public, meaning Lane could face questions from the public and lawmakers about the report, which suggests he revealed unpublished information to a select group of individuals.

    The FT added that Lane told the German economists that the ECB’s “medium-term reference scenario” showed inflation rebounding to 2% soon after the end of its current forecast period.

    The ECB, which initially declined to comment, later disputed the story, calling it inaccurate.

    “Mr Lane didn’t say in any conversation with analysts that the euro area will reach 2% inflation soon after the end of the ECB’s projection horizon,” an ECB spokesman said in a written statement.

    Important Data: EURO ZONE CPI (YoY) (Aug) today at 8:30 this time estimated 3.0%, previously which was 2.2%. US Michigan Consumer Expectations (Sep) today at 10:00 previously which was 65.1. UK CFTC GBP speculative net positions today at 15:30 previously which was -24.5K. AUSTRALIA CFTC AUD speculative net positions today at 15:30 previously which was -70.5K.

    TECHNICAL SUMMARY

    GBPUSD

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    TRADE SUGGESTION- SELL AT 1.3793, TAKE PROFIT AT 1.3779 AND STOP LOSS AT 1.3808

    EURUSD

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    TRADE SUGGESTION- SELL AT 1.1769, TAKE PROFIT AT 1.1750 AND STOP LOSS AT 1.1788

    USDJPY

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    TRADE SUGGESTION- SELL AT 109.839, TAKE PROFIT AT 109.748 AND STOP LOSS AT 109.979

    USDCHF

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    TRADE SUGGESTION- BUY AT 0.92715, TAKE PROFIT AT 0.92771 AND STOP LOSS AT 0.92698

    NASDAQ 100

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    TRADE SUGGESTION- BUY AT 15520.99 TAKE PROFIT AT 15606.98 AND STOP LOSS AT 15432.02

    WTI CRUDE OIL

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    TRADE SUGGESTION- BUY AT 72.05 TAKE PROFIT AT 72.84 AND STOP LOSS AT 71.53

    GOLD

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    TRADE SUGGESTION- SELL AT 1764.99, TAKE PROFIT AT 1758.44 AND STOP AT 1769.90

    BTC USD

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    TRADE SUGGESTION- BUY AT 47889.00 TAKE PROFIT AT 48816.52 AND STOP AT 47025.11
     

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