We Provide over 15 Trade signals for free to enhance Your Trading strategy so you can cash in potential market moves. Invite your friends to the group to take advantage of it. TRADE SIGNAL AS ON 29-12-2020
#GBPJPY
SELL=139.827
TARGET=139.445
SL=140.318
#SILVER
BUY=26.205
TARGET=26.674
SL=25.767
#INTEL CORP.
BUY=47.05
TARGET=47.98
SL=46.50
#LITECOIN USD
SELL=121.598
TARGET=113.201
SL=128.100
#CAC 40
BUY=5568.9
TARGET=5615
SL=5504.9
#GBPJPY
SELL=139.827
TARGET=139.445
SL=140.318
#SILVER
BUY=26.205
TARGET=26.674
SL=25.767
#INTEL CORP.
BUY=47.05
TARGET=47.98
SL=46.50
#LITECOIN USD
SELL=121.598
TARGET=113.201
SL=128.100
#CAC 40
BUY=5568.9
TARGET=5615
SL=5504.9
European And Global Stocks fall as investors brace for possible 'blue sweep' in Georgia
Global stock prices slipped and bond yields rose on Wednesday as investors braced for the prospect that Democrats could win both races in a U.S. Senate run-off election in Georgia, handing them control of the chamber.
Along with their narrow majority in the House of Representatives, a "blue sweep" of Congress could usher in larger fiscal stimulus and pave the way for President-elect Joe Biden to push through greater corporate regulation and higher taxes.
While the races were too close to call, with 98% of votes tallied, Democrat Raphael Warnock held a slight lead over incumbent Kelly Loeffler while Democratic challenger Jon Ossoff trailed Republican David Perdue by just 3,600 votes.
"With Biden proposing to reverse President Donald Trump's tax cut, increase the minimum wage, and strengthen oversight on various industries, some might argue that his agenda is not particularly market-friendly," said Vasu Menon, investment strategy executive director at #OCBC Bank in Singapore.
The pan-European Stox 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.
FTSE 100
Indicator RSI MA (5) MA(20) MA (50) Bollinger
(U,M,L) Stochastic
Reading 60.191 6560.62 6537.10 6297.53 U=6636.7675
M=6537.1000
L=6437.4324 %k=82.1873
%d=64.4623
Comment Buying zone Price Above the moving average Price Above the moving average Price Above the moving average Price is Below UB
Price is Above MB
Price is above LB Crossover to the Upside
Trend Bullish Bullish Bullish Bullish Bullish Bullish
Special
Notes The market is expected to move in the Positive Territory.All the Moving Averages are Above the trading price.RSI suggests the market may move in a Upward trend.
Global stock prices slipped and bond yields rose on Wednesday as investors braced for the prospect that Democrats could win both races in a U.S. Senate run-off election in Georgia, handing them control of the chamber.
Along with their narrow majority in the House of Representatives, a "blue sweep" of Congress could usher in larger fiscal stimulus and pave the way for President-elect Joe Biden to push through greater corporate regulation and higher taxes.
While the races were too close to call, with 98% of votes tallied, Democrat Raphael Warnock held a slight lead over incumbent Kelly Loeffler while Democratic challenger Jon Ossoff trailed Republican David Perdue by just 3,600 votes.
"With Biden proposing to reverse President Donald Trump's tax cut, increase the minimum wage, and strengthen oversight on various industries, some might argue that his agenda is not particularly market-friendly," said Vasu Menon, investment strategy executive director at #OCBC Bank in Singapore.
The pan-European Stox 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.
FTSE 100
Indicator RSI MA (5) MA(20) MA (50) Bollinger
(U,M,L) Stochastic
Reading 60.191 6560.62 6537.10 6297.53 U=6636.7675
M=6537.1000
L=6437.4324 %k=82.1873
%d=64.4623
Comment Buying zone Price Above the moving average Price Above the moving average Price Above the moving average Price is Below UB
Price is Above MB
Price is above LB Crossover to the Upside
Trend Bullish Bullish Bullish Bullish Bullish Bullish
Special
Notes The market is expected to move in the Positive Territory.All the Moving Averages are Above the trading price.RSI suggests the market may move in a Upward trend.
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.
France stocks lower at close of trade; #CAC 40 down 0.16%
France stocks were lower after the close on Tuesday, as losses in the Foods and Drugs,Gas and water and General Financial Sectors sectors led shares lower.
At the close in Paris, the CAC 40 declined 0.16%, while the SBF 120 index declined 0.16%.
The best performers of the session on the CAC 40 were Alstom SA, which rose 5.93% or 2.71 points to trade at 48.41 at the close. Meanwhile, Stellantis NV added 4.00% or 0.54 points to end at 13.98 and Danone SA was up 2.41% or 1.32 points to 56.04 in late trade.
The worst performers of the session were Publicis Groupe SA, which fell 4.55% or 2.05 points to trade at 43.03 at the close. ArcelorMittal SA declined 4.49% or 0.91 points to end at 19.28 and Carrefour SA was down 2.85% or 0.44 points to 15.02.
The top performers on the SBF 120 were Alstom SA which rose 5.93% to 48.41, Stellantis NV which was up 4.00% to settle at 13.98 and Soitec SA which gained 3.92% to close at 177.80.
The worst performers were Covivio SA which was down 5.11% to 71.50 in late trade, Publicis Groupe SA which lost 4.55% to settle at 43.03 and ArcelorMittal SA which was down 4.49% to 19.28 at the close.
The pan-European Stoxx 50 climbed down by 0.20% to 3,595.42 . In the cash markets, the #DAXfutures Germany was trading 0.24% down at 13815.06. CAC 40 futures in France climbed down by 0.33% to 5598.61, while the #FTSE FTSE 100 futures in the U.K. fell by 0.11% to 6,712.95 ,at the time of writing.
TECHNICAL INDICATORS
#CAC 40:-
Indicator RSI MA (5) MA(20) MA (50) Bollinger
(U,M,L) Stochastic
Reading 52.146 5634.28 5595.32 5547.22 U=5743.6575
M=5595.6375
L=5446.9885
%k=35.5937
%d=41.1211
Comment Buying zone Price Below the moving average Price Above the moving average Price Above the moving average Price is Below UB
Price is Above MB
Price is above LB Crossover to the upside
Trend Bullish Bearish Bullish Bullish Bullish Bearish
Special
Notes The market is expected to move in the Positive Territory. The Moving Averages 20 & 50 are Below the trading price.RSI suggests the market may move in an Upward trend.
France stocks were lower after the close on Tuesday, as losses in the Foods and Drugs,Gas and water and General Financial Sectors sectors led shares lower.
At the close in Paris, the CAC 40 declined 0.16%, while the SBF 120 index declined 0.16%.
The best performers of the session on the CAC 40 were Alstom SA, which rose 5.93% or 2.71 points to trade at 48.41 at the close. Meanwhile, Stellantis NV added 4.00% or 0.54 points to end at 13.98 and Danone SA was up 2.41% or 1.32 points to 56.04 in late trade.
The worst performers of the session were Publicis Groupe SA, which fell 4.55% or 2.05 points to trade at 43.03 at the close. ArcelorMittal SA declined 4.49% or 0.91 points to end at 19.28 and Carrefour SA was down 2.85% or 0.44 points to 15.02.
The top performers on the SBF 120 were Alstom SA which rose 5.93% to 48.41, Stellantis NV which was up 4.00% to settle at 13.98 and Soitec SA which gained 3.92% to close at 177.80.
The worst performers were Covivio SA which was down 5.11% to 71.50 in late trade, Publicis Groupe SA which lost 4.55% to settle at 43.03 and ArcelorMittal SA which was down 4.49% to 19.28 at the close.
The pan-European Stoxx 50 climbed down by 0.20% to 3,595.42 . In the cash markets, the #DAXfutures Germany was trading 0.24% down at 13815.06. CAC 40 futures in France climbed down by 0.33% to 5598.61, while the #FTSE FTSE 100 futures in the U.K. fell by 0.11% to 6,712.95 ,at the time of writing.
TECHNICAL INDICATORS
#CAC 40:-
Indicator RSI MA (5) MA(20) MA (50) Bollinger
(U,M,L) Stochastic
Reading 52.146 5634.28 5595.32 5547.22 U=5743.6575
M=5595.6375
L=5446.9885
%k=35.5937
%d=41.1211
Comment Buying zone Price Below the moving average Price Above the moving average Price Above the moving average Price is Below UB
Price is Above MB
Price is above LB Crossover to the upside
Trend Bullish Bearish Bullish Bullish Bullish Bearish
Special
Notes The market is expected to move in the Positive Territory. The Moving Averages 20 & 50 are Below the trading price.RSI suggests the market may move in an Upward trend.
Euro Rises to One-Week High Despite ECB Stoking Double-Dip Recession Fears
The euro rose to a one-week high against the greenback even as European Central Bank President Christine Lagarde stoked fears the eurozone is set for a double-dip recession as the pandemic ravages economies across the bloc.
#EUR/USD rose 0.47% to $1.2161.
The ECB left its rates unchanged and maintained its current pace of bond buying on Thursday. But Lagarde suggested that the prolonged coronavirus restrictions across the bloc had likely caused eurozone growth to fall again in the final quarter of 2020.
"Risks surrounding the euro-area growth outlook remain tilted to the downside, but less pronounced,” Lagarde said. Still, there was reason for optimism as the roll out of vaccines, which started in late December, "allows for greater confidence in the resolution of the health crisis," she added.
The European Central Bank also signaled it may not need the full extent of its emergency purchase program to support the recovery. Though added that the program could be increased to ensure the euro area economy remains well financed. "If favourable financing conditions can be maintained with purchase flows that do not exhaust the envelope over the net purchase horizon of the PEPP, the envelope need not be used in full," according to the monetary policy statement.
Lagarde, however, did not elaborate on how it would assess whether financing conditions were favorable, saying that the central bank would adopt a "holistic approach."
Some analysts, however, believe the central bank will primarily focus on curbing rising sovereign bond yield in countries across the bloc with high levels of debt like Italy.
The pan-European Stoxx 50 climbed down by 0.16% to 3,618.04 . In the cash markets, the #DAX futures Germany was trading 0.11% down at 13,906.67. #CAC 40 futures in France climbed down by 0.67% to 5590.79, while the #FTSE 100 futures in the U.K. fell by 0.37% to 6,715.42 ,at the time of writing.
TECHNICAL INDICATORS
#EURO STOXX 50:-
Indicator RSI MA (5) MA(20) MA (50) Bollinger
(U,M,L) Stochastic
Reading 58.302 3608.01 3594.25 3537.61 U=3658.1078
M=3594.2500
L=3530.3922
%k=70.3604
%d=66.0461
Comment Buying zone Price Above the moving average Price Above the moving average Price Above the moving average Price is Below UB
Price is Above MB
Price is above LB Crossover to the upside
Trend Bullish Bullish Bullish Bullish Bullish Bullish
Special
Notes The market is expected to move in the Positive Territory. All the Moving Averages are Below the trading price.RSI suggests the market may move in an Upward trend.
The euro rose to a one-week high against the greenback even as European Central Bank President Christine Lagarde stoked fears the eurozone is set for a double-dip recession as the pandemic ravages economies across the bloc.
#EUR/USD rose 0.47% to $1.2161.
The ECB left its rates unchanged and maintained its current pace of bond buying on Thursday. But Lagarde suggested that the prolonged coronavirus restrictions across the bloc had likely caused eurozone growth to fall again in the final quarter of 2020.
"Risks surrounding the euro-area growth outlook remain tilted to the downside, but less pronounced,” Lagarde said. Still, there was reason for optimism as the roll out of vaccines, which started in late December, "allows for greater confidence in the resolution of the health crisis," she added.
The European Central Bank also signaled it may not need the full extent of its emergency purchase program to support the recovery. Though added that the program could be increased to ensure the euro area economy remains well financed. "If favourable financing conditions can be maintained with purchase flows that do not exhaust the envelope over the net purchase horizon of the PEPP, the envelope need not be used in full," according to the monetary policy statement.
Lagarde, however, did not elaborate on how it would assess whether financing conditions were favorable, saying that the central bank would adopt a "holistic approach."
Some analysts, however, believe the central bank will primarily focus on curbing rising sovereign bond yield in countries across the bloc with high levels of debt like Italy.
The pan-European Stoxx 50 climbed down by 0.16% to 3,618.04 . In the cash markets, the #DAX futures Germany was trading 0.11% down at 13,906.67. #CAC 40 futures in France climbed down by 0.67% to 5590.79, while the #FTSE 100 futures in the U.K. fell by 0.37% to 6,715.42 ,at the time of writing.
TECHNICAL INDICATORS
#EURO STOXX 50:-
Indicator RSI MA (5) MA(20) MA (50) Bollinger
(U,M,L) Stochastic
Reading 58.302 3608.01 3594.25 3537.61 U=3658.1078
M=3594.2500
L=3530.3922
%k=70.3604
%d=66.0461
Comment Buying zone Price Above the moving average Price Above the moving average Price Above the moving average Price is Below UB
Price is Above MB
Price is above LB Crossover to the upside
Trend Bullish Bullish Bullish Bullish Bullish Bullish
Special
Notes The market is expected to move in the Positive Territory. All the Moving Averages are Below the trading price.RSI suggests the market may move in an Upward trend.
We Provide over 15 Trade signals for free to enhance Your Trading strategy so you can cash in potential market moves. Invite your friends to the group to take advantage of it. TRADE SIGNAL AS ON 09-03-2021
#GBPAUD
BUY=1.80560
TARGET=1.81273
SL=1.80159
#SILVER
SELL=25.264
TARGET=24.930
SL=25.759
#HSBC HOLDINGS
BUY=455.29
TARGET=462.92
SL=444.84
#LITECOIN USD
BUY=203.63
TARGET=210.19
SL=200.00
#CAC 40
BUY=5883.9
TARGET=5983.7
SL=5799.2
#GBPAUD
BUY=1.80560
TARGET=1.81273
SL=1.80159
#SILVER
SELL=25.264
TARGET=24.930
SL=25.759
#HSBC HOLDINGS
BUY=455.29
TARGET=462.92
SL=444.84
#LITECOIN USD
BUY=203.63
TARGET=210.19
SL=200.00
#CAC 40
BUY=5883.9
TARGET=5983.7
SL=5799.2