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TRADE SIGNAL AS ON 16-03-2021

#EURAUD
SELL=1.5391
TARGET=1.5344
SL=1.5442

#BRENTCRUDEOIL FUT
SELL=68.26
TARGET=67.67
SL=69.01

#BMW AG
BUY=77.80
TARGET=79.82
SL=76.76

#LITECOIN USD
SELL=196.50
TARGET=191.19
SL=205.38

#DAX 30
SELL=14499.6
TARGET=14403.6
SL=14586.7
What has changed for the market while you were sleeping?

Key Highlights

#Marketreport - 18th March 2021
In
the Forex market, GBPUSD up 0.02% at 1.39616. The USDJPY up 0.04% at 108.878. The USDCHF up 0.07% at 0.92308. EURUSD down 0.07% at 1.19687, EUR/GBP down 0.03% at 0.85724. The USD/CNY down 0.13% at 6.4947, at the time of writing.

In U.S. on Wall Street, the Dow Jones Industrial Average closed 0.58% up at 33015.4, the S&P 500 up 0.29% to 3974.1 and the Nasdaq 100 up 0.38% at 13202.4, NYSE closes at 15731.14 up 0.39%.

#EconomicNews
US
: The global economy is set to grow by 4.7% this year thanks to a stronger-than-expected recovery in the United States, a report by the U.N. Conference on Trade and Development (UNCTAD) said on Thursday, revising up its previous forecast of 4.3%.

Eurozone: Eurozone: The Bank of England will probably try on Thursday to keep a lid on expectations that Britain’s economy is heading for a strong, vaccine-boosted recovery after suffering its worst crash in three centuries last year.

Top mover Stocks
GENERAL MOTORS up 5.13% at $60.05,
DOW Inc up 4.479% at $66.01,
UNITED AIRLINES up 4.414% at $62.45,
COMCAST Corp. down 0.93% at $57.50,
FACEBOOK Inc. at 1.694% at $284.01,
AMGEN Inc. up 1.644% at $244.27,
3M Co. up 0.776% at $188.3.

#TradeSignals #Technical Summary
GBPUSD - TRADE SUGGESTION- BUY AT 1.39845, TAKE PROFIT AT 1.40 AND STOP LOSS AT 1.39438
EURUSD - TRADE SUGGESTION- SELL AT 1.19748, TAKE PROFIT AT 1.19491 AND STOP LOSS AT 1.19979
GOLD - TRADE SUGGESTION- BUY AT 1750.12, TAKE PROFIT AT 1764.34 AND STOP AT 1723.69

Click on the below link to read full report.
https://www.capitalstreetfx.com/en/technicalanalysis/technical-analysis-report-18-march-2021/
Trade Suggestions - 18th March 2021

Checkout the link for our daily free trade suggestions.
https://www.capitalstreetfx.com/en/trade-signal/