We Provide more than 15 Trade signals for free to enhance Your Trading strategy so that you can cash potentials market moves. Invite your friends in the group to take advantage it.
TRADE SIGNAL AS ON 18-12-2020
#CADJPY
BUY=81.164
TARGET=81.407
SL=80.945
#BRENT CRUDE OIL
SELL=51.35
TARGET=50.75
SL=52.00
#CHEVRON CORP.
SELL=88.38
TARGET=86.97
SL=88.58
#BTC USD
BUY=22837
TARGET=23618
SL=22091
#DAX 30
BUY=13673.4
TARGET=13800
SL=13457.00
TRADE SIGNAL AS ON 18-12-2020
#CADJPY
BUY=81.164
TARGET=81.407
SL=80.945
#BRENT CRUDE OIL
SELL=51.35
TARGET=50.75
SL=52.00
#CHEVRON CORP.
SELL=88.38
TARGET=86.97
SL=88.58
#BTC USD
BUY=22837
TARGET=23618
SL=22091
#DAX 30
BUY=13673.4
TARGET=13800
SL=13457.00
DAILY FUNDAMENTAL SNAPSHOTS
Asian shares edged lower on Tuesday amid uncertainty about Senate runoffs in Georgia, which could have a big impact on incoming U.S. President Joe Biden's ability to pursue his preferred economic policies. Shanghai Composite is up 0.44% at3,517.968. Overall, Singapore MSCIdown0.24% at 325.80. Over in Hong Kong, the Hang Seng Index up0.09% to 27,511. In Japan, the Nikkei 225 down0.66% at 27,140, while the Topix index wasdown0.50% to 1788.5. South Korea’s Kospiup1.34% to 2984.72. Australia S&P/ASX 200 down0.03% to6681.9.
European equities Mondayclosing. The #DAX futures contract in Germany traded 0.06% up at 13726.74, #CAC40 futures up0.68% at5589.0and the UK 100 futures contract in the U.K.up1.72% at 6,571.9.
In U.S. on Wall Street, the Dow Jones Industrial Average closed down1.25% at 30223.9the #S&P500down1.48% to 3700.7and the Nasdaq 100up 0.03% at12704.4,#NYSE closes at 14376.703down1.02%.
In the Forex market, #GBPUSD up0.20% at 1.35920. The #USDJPY down 0.15% at102.957.The #USDCHF down0.05% at 0.88064.#EURUSD up0.21% at 1.22683, #EUR/GBPup0.08% at 0.90252. The #USD/CNY down 0.02%at 6.4587, at the time of writing.
In the commodity market U.S. Gold futures down 0.25% at $1,937.60. Elsewhere, Silver futures up0.10% to $27.230 per ounce, Platinum down0.27% at $1063.16per ounce, and Palladium down0.11% to $2,376.50.
#Crude Oil down on Tuesday;# Brent crude oildown0.06% to $50.72 barrel while U.S. West Texas Intermediate (CLc1) isdown1.23% at $48.88.
In the Cryptocurrency Markets, #BTCUSD at 30367.68 up5.10%, #Ethereum at993.74 down4.94%, #Litecoin at 177.75 up4.71%, at the time of writing.
TOP STOCKS TO WATCH OUT TODAY:
BOEING Inc.down 5.298%at $202.72,#AMERICAN EXPRESS Co.down2.374% at$118.04,#ADOBE Inc. down2.955% to $485.34,#CSX CORP.down 3.041% to $87.99,#EBAY Inc. up 2.49% to $51.5,#GILEAD SCIENCES Inc. up 3.18% at $60.11.
#Economic news:
US:U.S. economic growth could surge later this year if most Americans are vaccinated against the coronavirus, but the gains would unlikely be enough for the Federal Reserve to withdraw its support, Cleveland Fed President Loretta Mester said on Monday.
The economy is likely to struggle in the near term after a rise in coronavirus infections led to more restrictions, both voluntary and mandated, Mester said.
While the "medium" term outlook was more promising, with vaccines likely to help people feel safer doing certain activities, she expects the economy to remain far from the Fed's inflation and full employment goals.
#Eurozone: The European Commission said on Tuesday that new U.S. tariffs on EU products disrupted ongoing negotiations with Washington to resolve a 16-year battle over aircraft subsidies and it hoped to find a swift solution with the next U.S. president, Joe Biden.
Important Data:USISM Manufacturing PMI (Dec)today at10:00 this time estimate to be 56.6,previously which was 57.5.US API Weekly Crude Oil Stocktoday at16:30previously which was -4.785M.JAPAN Services PMI (Dec)today at19:30this time estimate to be 47.2, previously which was 47.8.JAPAN 10-Year JGB Auctiontoday at 22:35previously which was 0.019%.
Asian shares edged lower on Tuesday amid uncertainty about Senate runoffs in Georgia, which could have a big impact on incoming U.S. President Joe Biden's ability to pursue his preferred economic policies. Shanghai Composite is up 0.44% at3,517.968. Overall, Singapore MSCIdown0.24% at 325.80. Over in Hong Kong, the Hang Seng Index up0.09% to 27,511. In Japan, the Nikkei 225 down0.66% at 27,140, while the Topix index wasdown0.50% to 1788.5. South Korea’s Kospiup1.34% to 2984.72. Australia S&P/ASX 200 down0.03% to6681.9.
European equities Mondayclosing. The #DAX futures contract in Germany traded 0.06% up at 13726.74, #CAC40 futures up0.68% at5589.0and the UK 100 futures contract in the U.K.up1.72% at 6,571.9.
In U.S. on Wall Street, the Dow Jones Industrial Average closed down1.25% at 30223.9the #S&P500down1.48% to 3700.7and the Nasdaq 100up 0.03% at12704.4,#NYSE closes at 14376.703down1.02%.
In the Forex market, #GBPUSD up0.20% at 1.35920. The #USDJPY down 0.15% at102.957.The #USDCHF down0.05% at 0.88064.#EURUSD up0.21% at 1.22683, #EUR/GBPup0.08% at 0.90252. The #USD/CNY down 0.02%at 6.4587, at the time of writing.
In the commodity market U.S. Gold futures down 0.25% at $1,937.60. Elsewhere, Silver futures up0.10% to $27.230 per ounce, Platinum down0.27% at $1063.16per ounce, and Palladium down0.11% to $2,376.50.
#Crude Oil down on Tuesday;# Brent crude oildown0.06% to $50.72 barrel while U.S. West Texas Intermediate (CLc1) isdown1.23% at $48.88.
In the Cryptocurrency Markets, #BTCUSD at 30367.68 up5.10%, #Ethereum at993.74 down4.94%, #Litecoin at 177.75 up4.71%, at the time of writing.
TOP STOCKS TO WATCH OUT TODAY:
BOEING Inc.down 5.298%at $202.72,#AMERICAN EXPRESS Co.down2.374% at$118.04,#ADOBE Inc. down2.955% to $485.34,#CSX CORP.down 3.041% to $87.99,#EBAY Inc. up 2.49% to $51.5,#GILEAD SCIENCES Inc. up 3.18% at $60.11.
#Economic news:
US:U.S. economic growth could surge later this year if most Americans are vaccinated against the coronavirus, but the gains would unlikely be enough for the Federal Reserve to withdraw its support, Cleveland Fed President Loretta Mester said on Monday.
The economy is likely to struggle in the near term after a rise in coronavirus infections led to more restrictions, both voluntary and mandated, Mester said.
While the "medium" term outlook was more promising, with vaccines likely to help people feel safer doing certain activities, she expects the economy to remain far from the Fed's inflation and full employment goals.
#Eurozone: The European Commission said on Tuesday that new U.S. tariffs on EU products disrupted ongoing negotiations with Washington to resolve a 16-year battle over aircraft subsidies and it hoped to find a swift solution with the next U.S. president, Joe Biden.
Important Data:USISM Manufacturing PMI (Dec)today at10:00 this time estimate to be 56.6,previously which was 57.5.US API Weekly Crude Oil Stocktoday at16:30previously which was -4.785M.JAPAN Services PMI (Dec)today at19:30this time estimate to be 47.2, previously which was 47.8.JAPAN 10-Year JGB Auctiontoday at 22:35previously which was 0.019%.
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.
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 22-01-2021
#GBPJPY
SELL=141.998
TARGET=141.722
SL=142.228
#COFFEE
SELL=125.84
TARGET=123.97
SL=128.43
#CHEVRON CORP.
BUY=91.99
TARGET=94.37
SL=90.72
#ETHEREUM
SELL=1172.50
TARGET=1067.87
SL=1275.84
#DAX 30
BUY=13923
TARGET=14014
SL=13809.4
TRADE SIGNAL AS ON 22-01-2021
#GBPJPY
SELL=141.998
TARGET=141.722
SL=142.228
#COFFEE
SELL=125.84
TARGET=123.97
SL=128.43
#CHEVRON CORP.
BUY=91.99
TARGET=94.37
SL=90.72
#ETHEREUM
SELL=1172.50
TARGET=1067.87
SL=1275.84
#DAX 30
BUY=13923
TARGET=14014
SL=13809.4
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.
European shares undone by Wall Street swoon, short seller squeeze
Global and European shares slid on Thursday while the safe-haven dollar rallied as a sudden sell-off on Wall Street and delays with coronavirus vaccines served as an excuse to book profits on recent hefty gains.
The pan-European Stoxx 50 climbed down by 1.57% to 3,536.38 . In the cash markets, the DAX futures Germany was trading 1.81% down at 13,620.46. CAC 40 futures in France climbed down by 1.16% to 5459.62, while the FTSE 100 futures in the U.K. fell by 1.30% to 6,567.37 ,at the time of writing.
Checkout the link to read full article
#Stoxx50 #Dax #CAC40 #FTSE100 #TradeAnalysis #StockAnalysis #FundamentalAnalysis #TechnicalAnalysis #DailyMarketReport #CapitalStreetFx #Indices #index
https://www.capitalstreetfx.com/en/european-shares-undone-by-wall-street-swoon-short-seller-squeeze/
Global and European shares slid on Thursday while the safe-haven dollar rallied as a sudden sell-off on Wall Street and delays with coronavirus vaccines served as an excuse to book profits on recent hefty gains.
The pan-European Stoxx 50 climbed down by 1.57% to 3,536.38 . In the cash markets, the DAX futures Germany was trading 1.81% down at 13,620.46. CAC 40 futures in France climbed down by 1.16% to 5459.62, while the FTSE 100 futures in the U.K. fell by 1.30% to 6,567.37 ,at the time of writing.
Checkout the link to read full article
#Stoxx50 #Dax #CAC40 #FTSE100 #TradeAnalysis #StockAnalysis #FundamentalAnalysis #TechnicalAnalysis #DailyMarketReport #CapitalStreetFx #Indices #index
https://www.capitalstreetfx.com/en/european-shares-undone-by-wall-street-swoon-short-seller-squeeze/
Capital Street FX
European shares undone by Wall Street swoon, short seller squeeze - Capital Street FX
Global and European shares slid on Thursday while the safe-haven dollar rallied as a sudden sell-off on Wall Street and delays with coronavirus vaccines served as an excuse to book profits on recent hefty gains. There was a hint of resilience as U.S. stock…
Trade Signals - 2nd February 2021
#Dax #BTCUSD #BP_PLC/USD #BrentCrudeOil #UsdZar #FundamentalAnalysis #TradeSignals #TradeForecast
https://www.capitalstreetfx.com/en/trade-signals/
#Dax #BTCUSD #BP_PLC/USD #BrentCrudeOil #UsdZar #FundamentalAnalysis #TradeSignals #TradeForecast
https://www.capitalstreetfx.com/en/trade-signals/
CFDs|Commodities | Stocks | Forex Trading | Broker |Capital Street FX
Trade Signals - CFDs|Commodities | Stocks | Forex Trading | Broker |Capital Street FX
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 05-02-2021
#NZDUSD
BUY=0.71964
TARGET=0.72199
SL=0.71741
#SILVER
BUY=26.989
TARGET=27.360
SL=26.769
#SIEMENS AG
SELL=133.29
TARGET=130.47
SL=134.82
#ETHEREUM
SELL=1620.90
TARGET=1488.06
SL=1694.84
#DAX 30
BUY=14052.6
TARGET=14120.6
SL=13990.9
TRADE SIGNAL AS ON 05-02-2021
#NZDUSD
BUY=0.71964
TARGET=0.72199
SL=0.71741
#SILVER
BUY=26.989
TARGET=27.360
SL=26.769
#SIEMENS AG
SELL=133.29
TARGET=130.47
SL=134.82
#ETHEREUM
SELL=1620.90
TARGET=1488.06
SL=1694.84
#DAX 30
BUY=14052.6
TARGET=14120.6
SL=13990.9
European Stocks Up, Boosted by Yellen Push for U.S. Stimulus Measures
European stocks were up on Monday morning, starting the week with on an optimistic note after the U.S. Secretary of the Treasury Janet Yellen pushed for a U.S. stimulus package to be passed and COVID-19 trends showed improvements.
Yellen said on sunday that the U.S. could return to full employment in 2022 if the country enacts a robust enough relief package.
However, some investors expressed skepticism about Yellen’s statement.
“That’s a big call given full employment is 4.1%, but one that will sit well with the market at a time when the COVID-19 vaccination program is being rolled out efficiently in a number of countries,” Pepperstone chief strategist Chris Weston told Reuters.
Disappointing U.S. jobs data from Friday also continues to dent investor sentiment. The U.S. jobs report for January showed that fewer jobs were created in the economy than expected. Non- farm payrolls were at 49,000 and the unemployment rate was at 6.3%.
Further U.S. data, including the Federal Budget and the consumer price index, will be released later in the week.
Although the data highlighted the economic recovery’s fragility and the need for further stimulus measures, other investors warned that the introduction of these measures could boost inflation and overheat asset prices.
“It does seem to be the case that global markets have now become addicted to stimulus and that the greatest risk to the outlook, and potential trigger for a correction in risk-asset valuations, would be central banks dialing down the music,” First Abu Dhabi Bank Pjsc chief economist Simon Ballard told Bloomberg.
However, investor sentiment was boosted by a continuous global rollout of COVID-19 vaccinations. Sinovac Biotech Ltd received conditional approval from China’s National Medical Products Administration for its Coronovac offering over the weekend.
Also boosting sentiment was data suggesting that COVID-19 daily cases are declining in countries such as the U.S., France and Germany. There were also no new locally transmitted COVID-19 cases for the first time in nearly two months in China, according to data released on Monday.
On the central bank front, Federal Reserve Chairman Jerome Powell will deliver remarks during a webinar on Wednesday.
The pan-European #Stoxx 50 climbed up by 0.37% to 3,655.77. In the cash markets, the #DAX futures Germany was trading 0.03% down at 14,056.72. #CAC40 futures in France climbed up by 0.90% to 5,659.26, while the #FTSE100 futures in the U.K. fell by 0.22% to 6,489.33 ,at the time of writing.
TECHNICAL INDICATORS
#FTSE 100:-
Indicator RSI MA (5) MA(20) MA (50) Bollinger
(U,M,L) Stochastic
Reading 42.013 6496.79 6634.90 6574.77 U=6876.3013
M=6634.9020
L=6393.5027
%k=24.2546
%d=26.5386
Comment Selling zone Price Below the moving average Price Below the moving average Price Below the moving average Price is Below UB
Price is Below MB
Price is Above LB Crossover to the Downside
Trend Bearish Bearish Bearish Bearish Bearish Bearish
Special
Notes The market is expected to move in the Negative Territory. All The Moving Averages are Above the trading price.RSI suggests the market may move in a Bearish Zone.
European stocks were up on Monday morning, starting the week with on an optimistic note after the U.S. Secretary of the Treasury Janet Yellen pushed for a U.S. stimulus package to be passed and COVID-19 trends showed improvements.
Yellen said on sunday that the U.S. could return to full employment in 2022 if the country enacts a robust enough relief package.
However, some investors expressed skepticism about Yellen’s statement.
“That’s a big call given full employment is 4.1%, but one that will sit well with the market at a time when the COVID-19 vaccination program is being rolled out efficiently in a number of countries,” Pepperstone chief strategist Chris Weston told Reuters.
Disappointing U.S. jobs data from Friday also continues to dent investor sentiment. The U.S. jobs report for January showed that fewer jobs were created in the economy than expected. Non- farm payrolls were at 49,000 and the unemployment rate was at 6.3%.
Further U.S. data, including the Federal Budget and the consumer price index, will be released later in the week.
Although the data highlighted the economic recovery’s fragility and the need for further stimulus measures, other investors warned that the introduction of these measures could boost inflation and overheat asset prices.
“It does seem to be the case that global markets have now become addicted to stimulus and that the greatest risk to the outlook, and potential trigger for a correction in risk-asset valuations, would be central banks dialing down the music,” First Abu Dhabi Bank Pjsc chief economist Simon Ballard told Bloomberg.
However, investor sentiment was boosted by a continuous global rollout of COVID-19 vaccinations. Sinovac Biotech Ltd received conditional approval from China’s National Medical Products Administration for its Coronovac offering over the weekend.
Also boosting sentiment was data suggesting that COVID-19 daily cases are declining in countries such as the U.S., France and Germany. There were also no new locally transmitted COVID-19 cases for the first time in nearly two months in China, according to data released on Monday.
On the central bank front, Federal Reserve Chairman Jerome Powell will deliver remarks during a webinar on Wednesday.
The pan-European #Stoxx 50 climbed up by 0.37% to 3,655.77. In the cash markets, the #DAX futures Germany was trading 0.03% down at 14,056.72. #CAC40 futures in France climbed up by 0.90% to 5,659.26, while the #FTSE100 futures in the U.K. fell by 0.22% to 6,489.33 ,at the time of writing.
TECHNICAL INDICATORS
#FTSE 100:-
Indicator RSI MA (5) MA(20) MA (50) Bollinger
(U,M,L) Stochastic
Reading 42.013 6496.79 6634.90 6574.77 U=6876.3013
M=6634.9020
L=6393.5027
%k=24.2546
%d=26.5386
Comment Selling zone Price Below the moving average Price Below the moving average Price Below the moving average Price is Below UB
Price is Below MB
Price is Above LB Crossover to the Downside
Trend Bearish Bearish Bearish Bearish Bearish Bearish
Special
Notes The market is expected to move in the Negative Territory. All The Moving Averages are Above the trading price.RSI suggests the market may move in a Bearish Zone.
European Stocks Up, Boosted by Yellen Push for U.S. Stimulus Measures
The pan-European Stoxx 50 climbed up by 0.37% to 3,655.77. In the cash markets, the DAX futures Germany was trading 0.03% down at 14,056.72. CAC 40 futures in France climbed up by 0.90% to 5,659.26, while the FTSE 100 futures in the U.K. fell by 0.22% to 6,489.33 ,at the time of writing.
#TECHNICALINDICATORS
#FTSE_100_Analysis
https://www.capitalstreetfx.com/en/european-stocks-up-boosted-by-yellen-push-for-u-s-stimulus-measures/
#DaxFutures #Dax #CAC40Futures #CAC40 #FTSE100 #Stoxx50 #IndicesAnalysis
The pan-European Stoxx 50 climbed up by 0.37% to 3,655.77. In the cash markets, the DAX futures Germany was trading 0.03% down at 14,056.72. CAC 40 futures in France climbed up by 0.90% to 5,659.26, while the FTSE 100 futures in the U.K. fell by 0.22% to 6,489.33 ,at the time of writing.
#TECHNICALINDICATORS
#FTSE_100_Analysis
https://www.capitalstreetfx.com/en/european-stocks-up-boosted-by-yellen-push-for-u-s-stimulus-measures/
#DaxFutures #Dax #CAC40Futures #CAC40 #FTSE100 #Stoxx50 #IndicesAnalysis
Capital Street FX
European Stocks Up, Boosted by Yellen Push for U.S. Stimulus Measures - Capital Street FX
European stocks were up on Monday morning, starting the week with on an optimistic note after the U.S. Secretary of the Treasury Janet Yellen pushed for a U.S. stimulus package to be passed and COVID-19 trends showed improvements. Yellen said on sunday that…
European Stocks Higher; Dialog Deal Boosts Tech Sector
The pan-European Stoxx 50 climbed up by 0.27% to 3,665.51. In the cash markets, the DAX futures Germany was trading 0.02% up at 14,059.91. CAC 40 futures in France climbed up by 0.47% to 5,686.03, while the FTSE 100 futures in the U.K. rose by 0.53% to 6,523.53 ,at the time of writing.
TECHNICAL INDICATORS FTSE 100
https://www.capitalstreetfx.com/en/european-stocks-higher-dialog-deal-boosts-tech-sector/
#DaxFutures #Dax #Stoxx50 #CAC40Futures #CAC40 #FTSE100 #FTSE100Analysis
The pan-European Stoxx 50 climbed up by 0.27% to 3,665.51. In the cash markets, the DAX futures Germany was trading 0.02% up at 14,059.91. CAC 40 futures in France climbed up by 0.47% to 5,686.03, while the FTSE 100 futures in the U.K. rose by 0.53% to 6,523.53 ,at the time of writing.
TECHNICAL INDICATORS FTSE 100
https://www.capitalstreetfx.com/en/european-stocks-higher-dialog-deal-boosts-tech-sector/
#DaxFutures #Dax #Stoxx50 #CAC40Futures #CAC40 #FTSE100 #FTSE100Analysis
Capital Street FX
European Stocks Higher; Dialog Deal Boosts Tech Sector - Capital Street FX
European stock markets traded higher Monday, as optimism grows about economic recovery as vaccination campaigns continue to make progress. At 3:55 AM ET (0855 GMT), the DAX in Germany traded 0.1% higher, the CAC 40 in France rose 0.4%, and the U.K.’s FTSE…
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 12-02-2021
#AUDCHF
SELL=0.6896
TARGET=0.6875
SL=0.6910
#SILVER
BUY=27.039
TARGET=27.274
SL=26.769
#EXXON MOBIL
SELL=49.83
TARGET=48.35
SL=50.29
#ETHEREUM
BUY=1756.40
TARGET=1825.12
SL=1687.64
#DAX 30
BUY=14020.6
TARGET=14070.1
SL=13963.2
TRADE SIGNAL AS ON 12-02-2021
#AUDCHF
SELL=0.6896
TARGET=0.6875
SL=0.6910
#SILVER
BUY=27.039
TARGET=27.274
SL=26.769
#EXXON MOBIL
SELL=49.83
TARGET=48.35
SL=50.29
#ETHEREUM
BUY=1756.40
TARGET=1825.12
SL=1687.64
#DAX 30
BUY=14020.6
TARGET=14070.1
SL=13963.2
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 22-02-2021
#USDCAD
SELL=1.260
TARGET=1.251
SL=1.266
#SILVER
BUY=27.494
TARGET=27.834
SL=27.032
#ALLIANZ AG
SELL=195.43
TARGET=192.85
SL=198.38
#LITECOIN USD
SELL=220.23
TARGET=193.75
SL=231.69
#DAX 30
SELL=13954.6
TARGET=13820.6
SL=14066.3
TRADE SIGNAL AS ON 22-02-2021
#USDCAD
SELL=1.260
TARGET=1.251
SL=1.266
#SILVER
BUY=27.494
TARGET=27.834
SL=27.032
#ALLIANZ AG
SELL=195.43
TARGET=192.85
SL=198.38
#LITECOIN USD
SELL=220.23
TARGET=193.75
SL=231.69
#DAX 30
SELL=13954.6
TARGET=13820.6
SL=14066.3
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 26-02-2021
#AUDCHF
SELL=0.7092
TARGET=0.7080
SL=0.7102
#BRENT CRUDE OIL
SELL=66.14
TARGET=65.43
SL=66.84
#ABB LTD.
BUY=26.91
TARGET=27.19
SL=26.74
#BTCUSD
SELL=46140.00
TARGET=44700.30
SL=48098.56
#DAX 30
SELL=13767.6
TARGET=13662.9
SL=13891.9
TRADE SIGNAL AS ON 26-02-2021
#AUDCHF
SELL=0.7092
TARGET=0.7080
SL=0.7102
#BRENT CRUDE OIL
SELL=66.14
TARGET=65.43
SL=66.84
#ABB LTD.
BUY=26.91
TARGET=27.19
SL=26.74
#BTCUSD
SELL=46140.00
TARGET=44700.30
SL=48098.56
#DAX 30
SELL=13767.6
TARGET=13662.9
SL=13891.9
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 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
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
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 28-05-2021
#CADCHF
BUY=0.74317
TARGET=0.74459
SL=0.74198
#BRENT CRUDE OIL FUT
BUY=69.47
TARGET=69.85
SL=69.13
#SAP AG
SELL =113.75
TARGET=113.37
SL=114.62
#RIPPLE
SELL=0.91070
TARGET=0.87747
SL=0.96781
#DAX 30
BUY =15457.5
TARGET=15540.3
SL=15412.8
TRADE SIGNAL AS ON 28-05-2021
#CADCHF
BUY=0.74317
TARGET=0.74459
SL=0.74198
#BRENT CRUDE OIL FUT
BUY=69.47
TARGET=69.85
SL=69.13
#SAP AG
SELL =113.75
TARGET=113.37
SL=114.62
#RIPPLE
SELL=0.91070
TARGET=0.87747
SL=0.96781
#DAX 30
BUY =15457.5
TARGET=15540.3
SL=15412.8