FUNDAMENTAL SNAPSHOT
Mainland Chinese stocks were up by the early morning. The Shanghai Composite was up by 0.28 % to 3,538.90. Hong Kong’s Hang Seng Index was down about 0.11% to 27,625.50.
Japan's benchmark Nikkei average. #Nikkei 225 is trading down 0.38 percent at 27,056. on Wednesday, while the broader TOPIX 100 rose 0.43 percent to 1,169.23. #South Korea’s Kospi was up by 0.01% to 2990.01.
The pan-European Stoxx 50 climbed down by 0.48% to 3,547.15. In the cash markets, the DAX futures Germany was trading 0.55% lower at 13,651.15. #CAC 40 futures in France climbed down by 0.44% to 5,564.60, while the #FTSE 100 futures in the U.K. rose by 0.61% to 6612.25,at the time of writing.
In the U.S. on Wall Street, the Dow Jones Industrial Average closed up 0.55% at 30391.9 the S&P 500 up 0.71% to 3726.86 and the Nasdaq 100 up 0.85% at 12802.38.
In the Forex market, #GBPUSD rose 0.17% at 1.3647. The #USDJPY was up 0.06% at 102.78. The #USDCHF was down 0.25% at 0.8760. #EURUSD up 0.42% at 1.2345, #EUR/GBP up 0.29% at 0.9050, at the time of writing.
In the #commodity market U.S. Gold futures fell 0.23% at $1,950.60. Elsewhere, Silver futures up 0.25% to $27.712 per ounce, Platinum up 0.08% at $1119.60 per ounce, and Palladium fell 0.68% to $2,475.25.
Crude Oil up on Monday; #Brent crude oil up 0.30% to $53.77 barrel while U.S. West Texas Intermediate (CLc1) fell 0.06% at $49.90.
In the #Cryptocurrency Markets, #BTCUSD at 34932.34 up 9.49%, #Ethereum at 1147.72 up 10.21%, #Litecoin at 163.008 up 6.73%, at the time of writing.
Mainland Chinese stocks were up by the early morning. The Shanghai Composite was up by 0.28 % to 3,538.90. Hong Kong’s Hang Seng Index was down about 0.11% to 27,625.50.
Japan's benchmark Nikkei average. #Nikkei 225 is trading down 0.38 percent at 27,056. on Wednesday, while the broader TOPIX 100 rose 0.43 percent to 1,169.23. #South Korea’s Kospi was up by 0.01% to 2990.01.
The pan-European Stoxx 50 climbed down by 0.48% to 3,547.15. In the cash markets, the DAX futures Germany was trading 0.55% lower at 13,651.15. #CAC 40 futures in France climbed down by 0.44% to 5,564.60, while the #FTSE 100 futures in the U.K. rose by 0.61% to 6612.25,at the time of writing.
In the U.S. on Wall Street, the Dow Jones Industrial Average closed up 0.55% at 30391.9 the S&P 500 up 0.71% to 3726.86 and the Nasdaq 100 up 0.85% at 12802.38.
In the Forex market, #GBPUSD rose 0.17% at 1.3647. The #USDJPY was up 0.06% at 102.78. The #USDCHF was down 0.25% at 0.8760. #EURUSD up 0.42% at 1.2345, #EUR/GBP up 0.29% at 0.9050, at the time of writing.
In the #commodity market U.S. Gold futures fell 0.23% at $1,950.60. Elsewhere, Silver futures up 0.25% to $27.712 per ounce, Platinum up 0.08% at $1119.60 per ounce, and Palladium fell 0.68% to $2,475.25.
Crude Oil up on Monday; #Brent crude oil up 0.30% to $53.77 barrel while U.S. West Texas Intermediate (CLc1) fell 0.06% at $49.90.
In the #Cryptocurrency Markets, #BTCUSD at 34932.34 up 9.49%, #Ethereum at 1147.72 up 10.21%, #Litecoin at 163.008 up 6.73%, at the time of writing.
#GOLD
Indicator RSI MA (5) MA (20) MA (50) Bollinger
(U, M, L) Stochastic
Reading 61.09 1929.4 1893.083 1863.8188 1940.72
1893.08
1845.48 %K =71.85
%D = 81.94
Comment Buying
Zone Price below
MA Price aboveMA Price above
MA Price below UB
Price above MB
Price above LB Crossover to the down side
Trend Bullish Bearish Bullish Bullish Bullish Bearish
Special Notes The market is expected to trade on the positiveside. The market is trading above20 and 50 days MA and below 5 daysMA. The RSI is inbuying zone and the stochastic suggests that market can move indownwards direction.
TRADE SUGGESTION- BUYAT1923.7, TAKE PROFIT AT 1931.68AND STOP AT 1917.29
#LITECOIN USD
Indicator RSI MA (5) MA (20) MA (50) Bollinger
(U, M, L) Stochastic
Reading 70.8 160.242 128.6329 98.7147 169.95591
128.62945
87.30070 %K =92.78
%D = 88.25
Comment Over Bought
Zone Price above MA Price above MA Price above MA Pricebelow
UB
Priceabove MB
Price above LB Crossover to thedownside
Trend Mild Bearish Bullish Bullish Bullish Bullish Bearish
Special Notes The market is expected to trade on the positiveside. The market is trading above allMA. The RSI states that market is in over boughtzone and the stochastic suggestsdowntrend.
TRADE SUGGESTION-BUY AT 165.56 TAKE PROFIT AT 170.449 AND STOP AT 163.11
Indicator RSI MA (5) MA (20) MA (50) Bollinger
(U, M, L) Stochastic
Reading 61.09 1929.4 1893.083 1863.8188 1940.72
1893.08
1845.48 %K =71.85
%D = 81.94
Comment Buying
Zone Price below
MA Price aboveMA Price above
MA Price below UB
Price above MB
Price above LB Crossover to the down side
Trend Bullish Bearish Bullish Bullish Bullish Bearish
Special Notes The market is expected to trade on the positiveside. The market is trading above20 and 50 days MA and below 5 daysMA. The RSI is inbuying zone and the stochastic suggests that market can move indownwards direction.
TRADE SUGGESTION- BUYAT1923.7, TAKE PROFIT AT 1931.68AND STOP AT 1917.29
#LITECOIN USD
Indicator RSI MA (5) MA (20) MA (50) Bollinger
(U, M, L) Stochastic
Reading 70.8 160.242 128.6329 98.7147 169.95591
128.62945
87.30070 %K =92.78
%D = 88.25
Comment Over Bought
Zone Price above MA Price above MA Price above MA Pricebelow
UB
Priceabove MB
Price above LB Crossover to thedownside
Trend Mild Bearish Bullish Bullish Bullish Bullish Bearish
Special Notes The market is expected to trade on the positiveside. The market is trading above allMA. The RSI states that market is in over boughtzone and the stochastic suggestsdowntrend.
TRADE SUGGESTION-BUY AT 165.56 TAKE PROFIT AT 170.449 AND STOP AT 163.11