Report By CSFX Experts – 06 September 2022

Technical Analysis

TOP MARKET TECHNICAL ANALYSIS NEWS TODAY:

In the Forex market, GBPUSD up 0.45% at 1.1568. The USDJPY up 0.35% at 141.054. The USDCHF flat at 0.9795. EURUSD up 0.29% at 0.9956, EUR/GBP down 0.14% at 0.8604. The USD/CNY up 0.11% at 6.9413 at the time of writing.

In the Commodity market U.S. Gold futures up 0.48% at $1,717.23. Elsewhere, Silver futures up 1.05% at $18.308 per ounce, Platinum up 0.41% at $848.00 per ounce, and Palladium up 1.30% at $2058.50.

Crude Oil down on Tuesday; Brent Crude Oil down 0.23% at $94.94 per barrel while U.S. West Texas Intermediate (CLc1) down 0.32% at $88.37.

In the Cryptocurrency Markets, Bitcoin at 19605.00 down 0.86%, Ethereum up 2.82% at 1662.90, Litecoin at 60.17 down 0.33%, at the time of writing.

ECONOMIC NEWS:

US: New orders for U.S.-manufactured goods unexpectedly fell in July, weighed down by a plunge in defense aircraft bookings, but the overall manufacturing industry remains resilient.

The Commerce Department said on Friday that factory orders dropped 1.0% in July after increasing 1.8% in June.

Economists polled by Reuters had forecast factory orders would increase 0.2%. Orders increased 13.4% on a year-on-year basis in July.

The Institute for Supply Management said on Thursday manufacturing grew steadily in August as employment and new orders rebounded. July’s factory orders were mixed. Orders for computers and electronic products increased 0.8%. Orders for electrical equipment, appliances and components fell 1.2%.

GBPUSD TECHNICAL ANALYSIS

Technical Analysis

Technical Analysis

TRADE SUGGESTION- SELL AT 1.1591, TAKE PROFIT AT 1.1493 AND STOP LOSS AT 1.1685

Read More Technical Chart Click here 

Comments

Post a Comment

Popular posts from this blog

Financial Markets & Stock Market Technical Analysis 22 Januray 2021 | Capital Street Fx

  Asia Pacific stocks were mostly down on Friday morning. The Shanghai composite is down 0.59% at 3,598.70. Overall, the Singapore MSCI down 0.87% at 340.75. Over in Hong Kong, the Hang Seng Index down 1.33% to 29,516. In Japan, the Nikkei 225 down 0.28% at 28,650, while the Topix index is down 0.05% at 1855.5. South Korea’s Kospi up 0.50% to 3143.93. Australia S&P/ASX 200 down 0.34% at 6800.4. European equities Thursday closing. The DAX futures contract in Germany traded 0.11% down at 13906.67, CAC 40 futures down 0.67% at 5590.8 and the UK 100 futures contract in the U.K. down 0.37% at 6,715.4. In U.S. on Wall Street, the Dow Jones Industrial Average closed flat at 31176.0 the S&P 500 up 0.03% to 3853.1 and the Nasdaq 100 down 0.38% at 13360.0, NYSE closes at 15019.04 down 0.52%. In the Forex market, GBPUSD down 0.25% at 1.36943. The USDJPY up 0.16% at 103.643. The USDCHF up 0.04% at 0.88541. EURUSD up 0.03% at 1.21648, EUR/GBP up 0.28% at 0.88825. The USD/CNY up 0.20% at...
Read more

Fundamental Analysis – 07 September 2022 | Capital Street fx

  Fundamental Analysis Asian Pacific stock markets sank on Wednesday. The Shanghai Composite is down 0.01% at 3,242.96. Overall, the Singapore MSCI is down 1.07% at 285.30. Over in Hong Kong, the Hang Seng Index is down 1.56% at 18,839.00. In Japan, the Nikkei 225 is down 0.87% at 27,360.00, while the Topix index is down 0.65% at 1912.00. South Korea’s Kospi is down 1.55% at 2,372.62. Australia S&P/ASX 200 down 1.51% at 6723.10. Top News of the Day: Most Asian stock markets sank on Wednesday amid growing fears of more monetary policy tightening by the Fed, while weaker-than-expected Chinese trade data also weighed on sentiment. Tech-heavy Taiwan and Hong Kong stocks were the worst performers in the region, losing 1.6% and 1.8%, respectively, amid jitters over rising U.S. interest rates. fundamental-analysis-technical-analysis-by-capital-street-fx  pdf Download Market Summary as per 06/09/2022: European equities Tuesday closing. The DAX futures contract in Germany traded up...
Read more

Technical Analysis Report On 05 March 2021 | Top Stock To Buy | Economic News

  Asian stocks skidded to one-month lows on Friday. The Shanghai composite is up 0.03% at 3,504.12. Overall, the Singapore MSCI up 0.78% at 347.25. Over in Hong Kong, the Hang Seng Index down 0.21% to 29,012. In Japan, the Nikkei 225 down 1.17% at 28,640, while the Topix index is down 0.53% at 1881.0. South Korea’s Kospi down 0.28% to 3035.73. Australia S&P/ASX 200 down 0.74% at 6710.8. European equities Thursday closing. The DAX futures contract in Germany traded 0.17% down at 14056.34, CAC 40 futures up 0.01% at 5830.7 and the UK 100 futures contract in the U.K. down 0.07% at 6,598.8. In U.S. on Wall Street, the Dow Jones Industrial Average closed 1.11% down at 30924.1 the S&P 500 down 1.34% to 3768.5 and the Nasdaq 100 down 0.22% at 12462.1, NYSE closes at 14959.41 down 1.58%. In the Forex market, GBPUSD down 0.05% at 1.38859. The USDJPY up 0.10% at 108.075. The USDCHF up 0.03% at 0.92887. EURUSD down 0.04% at 1.19584, EUR/GBP up 0.07% at 0.86119. The USD/CNY up 0.06% at...
Read more