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Market Outlook by Capital Street FX

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Re: Market Outlook by Capital Street FX

Postby CSFX.Support » Tue Jun 13, 2017 6:50 pm

CAD/JPY signal by Capital Street FX

From GMT 08:00 13/06/2017
Till GMT 21:00 13/06/2017

Buy at 83.100
Take profit at 83.700
Stop loss at 82.800
Benefit from 0 Pips Spreads, 200% Bonus, 1:1000 Leverage, 100% Risk Free
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Re: Market Outlook by Capital Street FX

Postby CSFX.Support » Fri Jun 16, 2017 3:56 pm

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Daily Report on June 16, 2017



Asian stocks were mixed on Friday with the MSCI Asia Pacific Index little changed. Despite of being weighed down by technology shares which caused the sector to drop 0.2 percent, overall performance was supported by gains in Japanese Yen which strengthened on the back of a weak currency. Crude futures prices held losses, continuing to trade at a seven-month low.

Japan’s Topix jumped 0.5 percent, erasing its loss for the week with the reversal into trading higher of shares of SoftBank Group Corp. Equities of the Japanese multinational telecommunications and Internet corporation jumped 2.8 percent, snapping a four-day downward rally. Australia’s S&P/ASX 200 Index advanced 0.4 percent while Hong Kong’s Hang Seng index and Singapore’s Straits Times Index also traded higher. The Shanghai Composite Index, however, lost 0.2 percent.

Meanwhile, the BOJ will conclude its two-day meeting today with markets expecting that the central bank would leave policy settings alone as Japan's consumer price growth is still far from the bank's 2% inflation target. The focus will be on Governor Haruhiko Kuroda’s press conference which comes after the results of the meeting.

Investors were waiting for clues from the BOJ’s Governor about an eventual exit from stimulus after the central bank upgraded its assessment of the economy from "recovery" to "expansion" at its last meeting in April. That was the first upgrade in the last nine years after BOJ considered improving exports and domestic consumption.



Technicals

GBPCHF


GBPCHF has been tracing an uptrend which brought its price action above a couple of MAs. The currency pair is struggling around a significant stance at 23.6% Fibonacci level. Both ADX and RSI index are on a rise, suggesting a strong bull is dominating the market. A resistance at 1.25300 is within the sight.

Trade suggestion

Buy Stop at 1.24700, Take profit at 1.25300, Stop loss at 1.24400



EURAUD


EURAUD has been on a sharp downtrend after having broken out of a period of moving sideways around an importance stance at 23.6% Fibonacci level. Under downward pressure from two MAs that are hanging above the price action, the pair is anticipated to test a support at 38.2% Fib. While ADX is surging vigorously with a widening gap between –DI and +DI lines, RSI index is edging lower, confirming the downtrend.

Trade suggestion

Sell Stop at 1.46700, Take profit at 1.46200, Stop loss at 1.46900



NZDJPY


NZDJPY extended its uptrend to a fourth day in a row – surging to the highest since early-March on Friday. The pair has officially broken out of a significant level at 50.0% Fibonacci level and surpassed a high at 79.992 reached on Wednesday. Both RSI and ADX indices are edging higher, which suggests further advances.

Trade suggestion

Buy Stop at 80.200, Take profit at 80.650, Stop loss at 80.000



SILVER


Silver prices have been struggling around a support at 16.710 – the stance that the precious metal failed to breach on Tuesday. The metal’s prices have been depressed by both long-term MA50 (which forced the price reversed lower at as high as 17.348) and short-term MA20. RSI remained at low level, signaling further declines.

Trade suggestion

Sell Stop at 16.700, Take profit at 16.550, Stop loss at 16.770



GOLD


Under the pressure from two moving averages, gold futures fell below a Fibonacci retracement at 23.6%. The precious metal fell into a consolidation following sharp down moves but seems to extend its downtrend with RSI index heading lower while ADX index is on a rise. A support at 1246.00 is within the sight.

Trade suggestion

Sell Stop at 1252.00, Take profit at 1246.00, Stop loss at 1255.00



DAX



Germany’s DAX 30 has been moving in an upward slopping trading range with higher lows and higher highs formed along the way. The price reversed lower after having nearly hit the lower boundary in Thursday. While RSI is inching higher, the stock benchmark index is expected to test a resistance 12830.00.

Trade suggestion

Buy Stop at 12710.00, Take profit at 12830.00, Stop loss at 12650.00
Benefit from 0 Pips Spreads, 200% Bonus, 1:1000 Leverage, 100% Risk Free
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Re: Market Outlook by Capital Street FX

Postby CSFX.Support » Fri Jun 16, 2017 4:02 pm

DAX 30 Index Reverses Higher As Shares of Auto Makers Jump

German shares advanced on Friday, reversing higher after a slump on the previous session. The stock benchmark DAX 30, which tracks the performance of the 30 largest companies trading on the Frankfurt Stock Exchange, added nearly 0.5 percent with gains from shares of auto makers.

The European Automobile Manufacturers’ Association on Friday reported that new car sales in the European Union rose 7.6% in May to 1.39 million in the EU in May from 1.29 million recorded one year ago. The sales rise in western Europe was reported to be most pronounced in Germany and Spain. In Germany, the EU’s biggest car market, car sales rose 12.9%.

The report triggered a sharp gain in shares of auto makers. Shares of BMW AG added 0.7% in Frankfurt while those of Daimler AG advanced by nearly 0.5 percent.

Trade suggestion

Buy Stop at 12760.00, Take profit at 12830.00, Stop loss at 12730.00

Start Trading Forex, Indices, Commodities And Hundreds of Other Markets With Capital Street FX Now!
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Re: Market Outlook by Capital Street FX

Postby CSFX.Support » Fri Jun 16, 2017 4:09 pm

Japanese Yen Slumps Ahead of BOJ’s Rate Decision, Fed’s Rate Hike Continues to Support Dollar

Japanese Yen extended losses against its American counterpart on Friday after having suffered the biggest one-day decline in the previous session. While the Yen was awaiting the Bank of Japan’s rate decision, the dollar continued to strengthen on the back of following the Federal Reserve’s decision to raise interest rates.

The pair USDJPY rose nearly 0.2 percent to trade around 111.13 on Friday after dropping 1.2 percent in Thursday’s session – the most since January. The U.S. central bank on Wednesday lifted its benchmark interest rate to between 1% and 1.25% and said it would gradually shrink its massive $4.5 trillion balance sheet.

Meanwhile, the BOJ will conclude its two-day meeting today with markets expecting that the central bank would leave policy settings alone as Japan’s consumer price growth is still far from the bank’s 2% inflation target. The focus will be on Governor Haruhiko Kuroda’s press conference which comes after the results of the meeting.

Investors were waiting for clues from the BOJ’s Governor about an eventual exit from stimulus after the central bank upgraded its assessment of the economy from “recovery” to “expansion” at its last meeting in April. That was the first upgrade in the last nine years after BOJ considered improving exports and domestic consumption.

Later on the day, U.S. Census Bureau is due to report data on Building Permits for May, which is expected to point to a rise of 1.25 million permits issued last month after an unexpected slump in April. Data on housing starts is also anticipated to show an increase of 1.23 million units in May. In the month before, housing starts decreased by 2.6% from March to hit a seasonally adjusted 1.172 million units.

U.S. data released on Friday also features reports on Consumer Sentiment, Labor Market Conditions and Inflation Expectations published by University of Michigan.


USDJPY has been tracing a strong uptrend after rebounding from as low as 108.810. The price action has not only breached both the short-term and long-term MAs from below but has also broken out of a firm resistance at 23.6% Fibonacci level – where it had to reverse lower last Friday. Both ADX and RSI indices are soaring strongly, suggesting a strengthening bullish momentum in the market. Further advances are expected.

Trade suggestion

Buy Stop at 111.200, Take profit at 111.600, Stop loss at 111.000

Start Trading Forex, Indices, Commodities And Hundreds of Other Markets With Capital Street FX Now!
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Re: Market Outlook by Capital Street FX

Postby CSFX.Support » Fri Jun 16, 2017 4:13 pm

EUR/JPY signal by Capital Street FX

From GMT 08:35 16/06/2017
Till GMT 21:00 16/06/2017

Buy at 124.350
Take profit at 124.850
Stop loss at 124.100
Benefit from 0 Pips Spreads, 200% Bonus, 1:1000 Leverage, 100% Risk Free
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Re: Market Outlook by Capital Street FX

Postby CSFX.Support » Mon Jun 19, 2017 6:06 pm

Image
Daily Report on June 19, 2017



Asian shares rose on Monday with Japanese equities supported by a weaker Yen. MSCI's broadest index of Asia-Pacific shares outside Japan added 0.5 percent while Japan's Nikkei jumped 0.6 percent. The yen declined 0.1 percent versus the dollar after a report published by the Ministry of Finance showed that the country’s trade balance fell unexpectedly last month.

According to the data released earlier on Monday, Japan’s trade balance fell to a seasonally adjusted 0.13T in May from 0.16T in April. As stronger-than-expected imports overpowered the continued growth in exports, the result missed analysts’ expectation calling for a rise to 0.35T last month.

Australia’s S&P/ASX 200 Index climbed 0.5 percent and South Korea’s Kospi index gained 0.6 percent while Chinese shares jumped 0.55 percent. Hong Kong's Hang Seng advanced 0.85 percent. Investors were awaiting a decision from index compiler Morgan Stanley Capital International, or MSCI, which will be announced after markets close in New York on Tuesday, on whether to include Chinese-listed stocks, or so-called A-shares, in its widely tracked Emerging Markets Index.

Crude oil retreated on Monday, hovering near the lowest level since November on the back of a continuing expansion in U.S. drilling. The U.S. oil rig count was reported to continue to rise, up by 6 last week. The rise extended the upward rally to a 22nd in a row, adding concerns over high global supplies despite an OPEC-led initiative to cut production to tighten the market.



Technicals

GOLD



Gold continued to move sideways below a resistance at 23.6% Fibonacci retracement on Monday. Under downward pressure from two MAs which are hanging above the price action, gold not only failed to break out of the Fib. level but also appears to trade lower. A support at 1246.00 is within the sight.

Trade suggestion

Sell Stop at 1251.00, Take profit at 1246.00, Stop loss at 1253.00



COPPER



Copper’s price action has crossed over a couple of MAs for the first time since it dropped below these two stances last Monday. A reversal into an uptrend is expected as the RSI index has entered the bullish zone and has surged to as high as 60.3475. The metal’s price is expected to test a resistance at 2.6000.

Trade suggestion

Buy Stop at 2.5750, Take profit at 2.6000, Stop loss at 2.5650



SP500



SP500 index fell into a consolidation after a sharp rise on Friday which brought the price action above both the long-term and short-term MAs. With the support from two MAs hanging below the price action, the stock index is expected to extend its upward rally to test a resistance at 2445.00.

Trade suggestion

Buy Stop at 2439.00, Take profit at 2445.00, Stop loss at 2436.00



DAX


DAX 30 index has been trapped in an upward slopping trading range and has been tracing an uptrend following a rebound from the lower boundary. The price action has been struggling with a couple of MAs but further advances are expected as the RSI index which has surpassed 50 indicates a strengthening bullish momentum in the market.

Trade suggestion

Buy Stop at 12770.00, Take profit at 12830.00, Stop loss at 12740.00
Benefit from 0 Pips Spreads, 200% Bonus, 1:1000 Leverage, 100% Risk Free
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Re: Market Outlook by Capital Street FX

Postby CSFX.Support » Mon Jun 19, 2017 6:14 pm

Global Shares Advance, Dow Hits Record, Gold Hovers Near One-month Lows

Gold futures prices traded lower on Monday as stock markets in the U.S. followed strength across global equities which witnessed gains in European and Asian benchmarks.

Gold futures for August delivery dropped 0.5 percent to trade around $1250.00 per ounce – hovering near one-month lows recorded last Friday. The precious metal extended its downward rally to the fourth day in a row and experienced losses in eight out of the last nine sessions.

All three major U.S. stock benchmarks soared on Monday with the Dow hitting a record as technology shares rebounded from a recent bout of sharp weakness. The Dow Jones Industrial Average jumped nearly 0.5 percent, hitting an all-time high of 21,490.00. The S&P 500 SPX jumped nearly 0.7 percent while the the Nasdaq Composite Index edged more than 1 percent higher.

Trade suggestion

Sell Stop at 1248.00, Take profit at 1243.00, Stop loss at 1250.00

Start Trading Forex, Indices, Commodities And Hundreds of Other Markets With Capital Street FX Now!


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Led by Gains in Commodity and Retail Shares, FTSE 100 Trades Higher

U.K. shares climbed on Monday with broad-based gains led by commodity shares and retailers. The stock benchmark index FTSE 100 added more than 0.6 percent after hitting an intra-day high at 7527.95 as gains were encountered by a strong British Pound.

All sectors gained on London Stock Exchange, led by oil and gas and consumer-goods shares. Miners Anglo American PLC and Rio Tinto PLC topped the market. While the former jumped 1.61 percent, the latter moved up 1.4%.

Retail shares recovered after a selloff in the previous session. Shares of J Sainsbury PLC and Marks & Spencer Group PLC jumped around 2 percent each.

The British pound held on gains on Monday. Investors are eagerly awaiting the start of Brexit negotiations between Britain and the European Union in Brussels on Monday, kicking off a two-year divorce process due to end by March 2019. Key subjects to be negotiated include how the U.K. will trade with the EU once it leaves the bloc and the status of EU nationals and Britons living elsewhere in the EU.

Trade suggestion

Buy Stop at 7515.00, Take profit at 7545.00, Stop loss at 7500.00

Start Trading Forex, Indices, Commodities And Hundreds of Other Markets With Capital Street FX Now!


*********************************************

USD/JPY signal by Capital Street FX
From GMT 13:30 19/06/2017
Till GMT 21:00 19/06/2017
Buy at 111.300
Take profit at 111.700
Stop loss at 111.100
Benefit from 0 Pips Spreads, 200% Bonus, 1:1000 Leverage, 100% Risk Free
User avatar
CSFX.Support
 
Posts: 2146
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Re: Market Outlook by Capital Street FX

Postby CSFX.Support » Tue Jun 20, 2017 6:53 pm

Daily Report on June 20, 2017



Encouraged by rebound in U.S. hi-tech shares which helped the Nasdaq 100 Index jump​ the most since November, equity rally extended to Asia. The Yen dropped more than 0.2 percent against its American counterpart to trade around 111.700​ after hitting 111.775 at one point​ -​ the lowest​ level since May 26th.

Asian shares advances with Japan's Nikkei rising more than 1 percent to a near two-year high on Tuesday, causing investors to pour into risky assets instead of playing safe with the safe-haven currency like Yen. MSCI's broadest index of Asia-Pacific shares outside Japan was little changed on Tuesday​ as gains in high-tech firms​ were​ offset by a decline in Australian shares.

Australia’s S&P/ASX 200 Index shed 0.4 percent as shares of the country’s largest banks retreated following ratings downgrades from Moody’s Investors Service. Hong Kong’s Hang Seng Index reversed lower after an earlier gain of 0.5 percent. The Shanghai Composite Index edged up less than 0.1 percent.

Hawkish comments from a Federal Reserve official also helped ease concerns over the strength of the world’s largest economy. Speaking on Monday, New York Fed President William Dudley said that tightening in the labour market that would boost wages should help drive up inflation.​ Dudley's comments did not only reinforce the message from last week's Fed meeting but also supported expectations for the U.S. central bank to keep raising interest rates in the coming months.



Technicals

EURJPY


EURJPY has broken out of a slopping downward trend line that connects lower highs and has acted as a resistance since May 25th. The pair has moved sideways to higher since yesterday and helped boost the RSI index to as high as 65.79, which indicates a firm uptrend in the market. ADX index is also rising. A resistance at 50.0% Fibonacci level is within the sight.

Trade suggestion

Buy Stop at​ 124.600, Take profit at​ 125.100, Stop loss at​ 124.400



GBPAUD


After a wide gap down on June 09th, the pair GBPAUD fell into a slopping downward trading range with lower highs and lower lows formed along the way. The pair has also been under downward pressure from two MAs that are hanging above the price action which may send the pair​ lower to test a two-month low​ at 1.66800.

Trade suggestion

Sell​ Stop at​ 1.67400, Take profit at​ 1.66800, Stop loss at​ 1.67700



EURNZD



EURNZD has been tracing a downtrend since May 22nd​ which has brought the pair to two-month lows at around 1.53800. Under downward pressure from two MAs which are depressing the price action, the currency pair is anticipated to trade lower with a support at 1.53400 within the sight.

Trade suggestion

Sell​ Stop at​ 1.53800, Take profit at​ 1.53400, Stop loss at​ 1.54000



NASDAQ 100


NASDAQ 100 index closed​ at 5772.50 on Monday, retesting the highest level since June 14th. The price action crossed over the long-term MA50 from below, suggesting a strong uptrend even though the index fell into a consolidation following previously sharp up moves. A resistance at 5816.00 is likely to be tested.​

Trade suggestion

Buy Stop at​ 5776.00, Take profit at​ 5816.00, Stop loss at​ 5756.00



CAC 40 Index


France’s CAC 40 index has soared above both short-term and long-term MAs after a gap up on Monday. The stock benchmark index is testing the level 5321.70 again after having to reverse lower at this stance twice since June 08th.​ With RSI and ADX indicators heading upwards, CAC 40 index is expected to test a firm resistance at 5370.00,

Trade suggestion

Buy Stop at​ 5325.00, Take profit at​ 5370.00, Stop loss at​ 5305.00
Benefit from 0 Pips Spreads, 200% Bonus, 1:1000 Leverage, 100% Risk Free
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Re: Market Outlook by Capital Street FX

Postby CSFX.Support » Tue Jun 20, 2017 7:03 pm

Japanese Yen Tumbles to One-month Lows Versus Dollar after Dudley’s Hawkish Comments


Japanese Yen plunged to nearly one-month lows on Tuesday as U.S. dollar was broadly stronger versus most of its peers. Meanwhile, Asian shares advances with Japan’s Nikkei rising more than 1 percent to a near two-year high on Tuesday, causing investors to pour into risky assets instead of playing safe with the safe-haven currency like Yen.

Encouraged by rebound in U.S. hi-tech shares which helped the Nasdaq 100 Index jumped the most since November, equity rally extended to Asia. The Yen dropped more than 0.2 percent against its American counterpart to trade around 111.700 after hitting 111.775 at one point – the lowest level since May 26th.

Hawkish comments from a Federal Reserve official also helped ease concerns over the strength of the world’s largest economy. Speaking on Monday, New York Fed President William Dudley said that tightening in the labour market that would boost wages should help drive up inflation.

Dudley’s comments did not only reinforce the message from last week’s Fed meeting but also supported expectations for the U.S. central bank to keep raising interest rates in the coming months.

Trade suggestion

Buy Stop at 111.700, Take profit at 112.100, Stop loss at 111.500

Start Trading Forex, Indices, Commodities And Hundreds of Other Markets With Capital Street FX Now!



************************************************


GBP/NZD signal by Capital Street FX

From GMT 09:10 20/06/2017
Till GMT 21:00 20/06/2017
Sell at 1.74800
Take profit at 1.74300
Stop loss at 1.75000
Benefit from 0 Pips Spreads, 200% Bonus, 1:1000 Leverage, 100% Risk Free
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CSFX.Support
 
Posts: 2146
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Re: Market Outlook by Capital Street FX

Postby CSFX.Support » Wed Jun 21, 2017 5:33 pm

Image
Daily Report on June 21, 2017



Asian shares declined on Wednesday with Australia’s benchmark stocks index leading losses in the region as energy shares tumbled. Australia’s S&P/ASX 200 Index plunged by 1.5 percent, almost erasing its gains for the year as the overall performance was weighed down by shares of energy sector that dropped more than 2 percent. Indeed, shares of BHP Billiton Ltd. and Rio Tinto Ltd. shed at least 2.8 percent.

Whereas, a strengthening Yen sent Japanese’ shares lower as Japan’s Topix declined 0.3 percent, after climbing for three days to the highest level since August 2015. South Korea’s Kospi index also found itself trading in the read, losing 0.6 percent. On Tuesday, U.S. stocks retreated from all-time highs to fall the most in a month on the back of tumbling crude oil futures prices.

Following losses in Wall Street which witnessed the S&P 500 Index lose 0.7 percent for its biggest decline since May 17, Hong Kong’s Hang Seng lost 0.6 percent and the Hang Seng China Enterprises Index fell 0.5 percent.

By contrast, the Shanghai Composite rose 0.2 percent after U.S. index provider MSCI said on Wednesday that it would add a selection of China's so-called "A" shares to its Emerging Markets Index. After a three-year campaign for inclusion in a leading emerging markets benchmark, 222 China A-share stocks will be added into the MSCI index - a leading emerging markets benchmark – from May 2018.



Technicals

EURJPY



EURJPY failed to break out of its current trading range yesterday. The currency pair crossed over the upper boundary but failed to sustain its bullish force. The price is struggling around the long-term MA50 after having penetrated the short-term MA20. RSI has fallen below 50, suggesting a strengthening bearish momentum. A support at 123.200 is within the sight.

Trade suggestion

Sell Stop at 123.700, Take profit at 123.200, Stop loss at 123.900



GBPUSD



GBPUSD on Tuesday dropped below a firm support at 1.26400 – the level it had to reverse higher on June 9 and June 13. The pair has also been under downward pressure from two MAs hanging above the price action. While RSI is lingering at as low as 28.00, ADX is heading upwards, signaling further down moves.

Trade suggestion

Sell Stop at 1.26000, Take profit at 1.25600, Stop loss at 1.26200



CAC 40 Index


CAC 40 index gapped down on Wednesday and brought its price action back below a couple of moving averages. RSI has fallen into the bearish zone while the –DI line crossed over the +DI line from below, suggesting a strong downtrend. The stock benchmark index is expected to test a support at 5175.00.

Trade suggestion

Sell Stop at 5230.00, Take profit at 5175.00, Stop loss at 5250.00



DAX 30


Germany’s DAX 30 index continued to be trapped in a slopping upward trading range with higher highs and higher lows formed along the way. The index gapped up on Tuesday but failed to maintain its bullish momentum and had to reverse lower after hitting the upper boundary. DAX index fell below two MAs on Wednesday, heading towards the lower boundary.

Trade suggestion

Sell Stop at 12720.00, Take profit at 12640.00, Stop loss at 12750.00
Benefit from 0 Pips Spreads, 200% Bonus, 1:1000 Leverage, 100% Risk Free
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