Gold Down as Investors Turn to Dollar
Gold was down on Thursday morning in Asia, with investors turning to the dollar after the U.S. Federal Reserve expressed concerns about the pace of the U.S. economic recovery from the impact of COVID-19.
On the technical front, GOLD RSI stood at 43.889 the current price is trading Below All the Moving Averages. So, a Sell trade can be executed with the following target and stop-loss:
TRADE SIGNAL- GOLD – Sell: 1840.70, TARGET:1805.70 , STOP LOSS:1860.10.
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#Commodity #CommodityAnalysis #GoldAnalysis #TradeAnalysis #FundamentalAnalysis #TechnicalAnalysis #StockAnalysis #DailyMarketReport #Usd #DollarAnalysis #Forex
Gold was down on Thursday morning in Asia, with investors turning to the dollar after the U.S. Federal Reserve expressed concerns about the pace of the U.S. economic recovery from the impact of COVID-19.
On the technical front, GOLD RSI stood at 43.889 the current price is trading Below All the Moving Averages. So, a Sell trade can be executed with the following target and stop-loss:
TRADE SIGNAL- GOLD – Sell: 1840.70, TARGET:1805.70 , STOP LOSS:1860.10.
CHeckout the link to read full article
#Commodity #CommodityAnalysis #GoldAnalysis #TradeAnalysis #FundamentalAnalysis #TechnicalAnalysis #StockAnalysis #DailyMarketReport #Usd #DollarAnalysis #Forex
The report presents a summary of all upcoming and recent fundamental events as well as technical analysis for the major markets.
Daily Report as on 8th February 2021
#TRADESIGNALS
https://www.capitalstreetfx.com/en/technical_analysis/technical-analysis-report-08-february-2021/
#TradeAnalysis #FundamentalAnalysis #StockAnalysis #TechnicalAnalysis #DailyMarketReport #CommodityAnalysis #CapitalStreetFx #AsiaPacificMarketReport #EuropeanMarketReport #USMarketReport #USWallStreet #USCommodityMarket #Forex #ForexMarket #CruidOil #CruidOilMarket #Crypto #CryptoCurrency #CryptoMarket #TopUsStocks #TopEconomicNews #GBPUSD #USDJPY #EURGBP #AUDUSD #DJEUROSTOXX #DJSTOXX #DJEURO #WTI #GOLD #BTCUSD #
Daily Report as on 8th February 2021
#TRADESIGNALS
https://www.capitalstreetfx.com/en/technical_analysis/technical-analysis-report-08-february-2021/
#TradeAnalysis #FundamentalAnalysis #StockAnalysis #TechnicalAnalysis #DailyMarketReport #CommodityAnalysis #CapitalStreetFx #AsiaPacificMarketReport #EuropeanMarketReport #USMarketReport #USWallStreet #USCommodityMarket #Forex #ForexMarket #CruidOil #CruidOilMarket #Crypto #CryptoCurrency #CryptoMarket #TopUsStocks #TopEconomicNews #GBPUSD #USDJPY #EURGBP #AUDUSD #DJEUROSTOXX #DJSTOXX #DJEURO #WTI #GOLD #BTCUSD #
What has changed for the market while you were sleeping?
Key Highlights
#Marketreport - 29th March 2021
#Asianshares up on Monday. The Shanghai composite is up 1.63% at 3,418.32. Overall, the Singapore MSCI up 0.98% at 360.85. Over in Hong Kong, the Hang Seng Index down 0.13% to 28,253. In Japan, the Nikkei 225 up 1.17% at 29,440, while the Topix index is up 1.17% at 1966.0. South Korea’s Kospi up 1.09% to 3041.01. Australia S&P/ASX 200 up 0.49% at 6824.2.
#EuropeanEquities Friday closing. The DAX futures contract in Germany traded 0.87% up at 14748.94, CAC 40 futures up 0.61% at 5988.8 and the UK 100 futures contract in the U.K. up 0.99% at 6,640.6.
In U.S. on #WallStreet, the Dow Jones Industrial Average closed 1.39% at 33072.9, the S&P 500 up 1.66% to 3974.5 and the Nasdaq 100 up 1.55% at 12979.1, NYSE closes at 15682.53 up 1.77%.
In the #Forex market, GBPUSD up 0.37% at 1.37814. The USDJPY up 0.45% at 109.669. The USDCHF down 0.06% at 0.93889. EURUSD up 0.25% at 1.17930, EUR/GBP down 0.17% at 0.85483. The USD/CNY up 0.05% at 6.5412, at the time of writing.
In the #Cryptocurrency Markets, BTCUSD at 56203.11 up 0.65%, Ethereum at 1716.18 up 0.15%, Litecoin at 185.83 up 0.91%, at the time of writing.
Important Data
UK Nationwide HPI (MoM) today at 2:00 previously which was 0.7%. EURO ZONE Business Climate (Mar) today at 5:00 previously which was -0.14. French 12-Month BTF Auction today at 10:00 previously which was
-0.625%. JAPAN Retail Sales (YoY) (Feb) today at 19:50 this time estimated -2.8%, previously which was -2.4%. Jobs/applications ratio (Feb) today at 19:30 this time estimated 1.10, previously which was 1.10.
Top mover Stocks
HP Inc. up 5.922% at $31.66,
NUCOR Corp. up 8.899% at $79.30,
TESLA Inc. down 3.385% at $618.71,
COMCAST Corp. down 1.989% at $55.18,
MICROCHIP Tech. up 5.613% at $155.42,
MARVELL Tech. up 4.961% at $46.97,
OKTA Inc. down 2.371% at $212.45,
MODERNA Inc. down 0.038% at $133.28.
#TradeSignals #Technical Summary
GBPUSD - TRADE SUGGESTION- SELL AT 1.37865, TAKE PROFIT AT 1.37486 AND STOP LOSS AT 1.38273
NIKKEI225 - TRADE SUGGESTION- BUY AT 29376 TAKE PROFIT AT 29613 AND STOP LOSS AT 29150
CRUDE(WTI) - TRADE SUGGESTION- SELL AT 60.70 TAKE PROFIT AT 60.26 AND STOP LOSS AT 61.28
Click on the below link to read full report.
https://www.capitalstreetfx.com/en/technicalanalysis/technical-analysis-report-29-march-2021/
Key Highlights
#Marketreport - 29th March 2021
#Asianshares up on Monday. The Shanghai composite is up 1.63% at 3,418.32. Overall, the Singapore MSCI up 0.98% at 360.85. Over in Hong Kong, the Hang Seng Index down 0.13% to 28,253. In Japan, the Nikkei 225 up 1.17% at 29,440, while the Topix index is up 1.17% at 1966.0. South Korea’s Kospi up 1.09% to 3041.01. Australia S&P/ASX 200 up 0.49% at 6824.2.
#EuropeanEquities Friday closing. The DAX futures contract in Germany traded 0.87% up at 14748.94, CAC 40 futures up 0.61% at 5988.8 and the UK 100 futures contract in the U.K. up 0.99% at 6,640.6.
In U.S. on #WallStreet, the Dow Jones Industrial Average closed 1.39% at 33072.9, the S&P 500 up 1.66% to 3974.5 and the Nasdaq 100 up 1.55% at 12979.1, NYSE closes at 15682.53 up 1.77%.
In the #Forex market, GBPUSD up 0.37% at 1.37814. The USDJPY up 0.45% at 109.669. The USDCHF down 0.06% at 0.93889. EURUSD up 0.25% at 1.17930, EUR/GBP down 0.17% at 0.85483. The USD/CNY up 0.05% at 6.5412, at the time of writing.
In the #Cryptocurrency Markets, BTCUSD at 56203.11 up 0.65%, Ethereum at 1716.18 up 0.15%, Litecoin at 185.83 up 0.91%, at the time of writing.
Important Data
UK Nationwide HPI (MoM) today at 2:00 previously which was 0.7%. EURO ZONE Business Climate (Mar) today at 5:00 previously which was -0.14. French 12-Month BTF Auction today at 10:00 previously which was
-0.625%. JAPAN Retail Sales (YoY) (Feb) today at 19:50 this time estimated -2.8%, previously which was -2.4%. Jobs/applications ratio (Feb) today at 19:30 this time estimated 1.10, previously which was 1.10.
Top mover Stocks
HP Inc. up 5.922% at $31.66,
NUCOR Corp. up 8.899% at $79.30,
TESLA Inc. down 3.385% at $618.71,
COMCAST Corp. down 1.989% at $55.18,
MICROCHIP Tech. up 5.613% at $155.42,
MARVELL Tech. up 4.961% at $46.97,
OKTA Inc. down 2.371% at $212.45,
MODERNA Inc. down 0.038% at $133.28.
#TradeSignals #Technical Summary
GBPUSD - TRADE SUGGESTION- SELL AT 1.37865, TAKE PROFIT AT 1.37486 AND STOP LOSS AT 1.38273
NIKKEI225 - TRADE SUGGESTION- BUY AT 29376 TAKE PROFIT AT 29613 AND STOP LOSS AT 29150
CRUDE(WTI) - TRADE SUGGESTION- SELL AT 60.70 TAKE PROFIT AT 60.26 AND STOP LOSS AT 61.28
Click on the below link to read full report.
https://www.capitalstreetfx.com/en/technicalanalysis/technical-analysis-report-29-march-2021/
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Technical Analysis Report – 29 March 2021 | Capital Street Fx
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